Category Archives:
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) - Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to U.S. servers for failing to com...
May 17, 2023
Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wedn...
May 17, 2023
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner (Reuters) - A group of Republican-led U.S. states has asked a federal judge in Texas to strike down a Biden administration rule allowing socially conscious investing by retirement p...
May 17, 2023
US power grids vulnerable to extreme heat conditions this summer – NERC
(Reuters) - Large parts of the United States and some areas in Canada, home to around 165 million people, could face energy shortfalls during periods of extreme heat this summer, a group that sets rel...
May 17, 2023
Bankman-Fried faces long odds of tossing charges despite Supreme Court decision
By Luc Cohen NEW YORK (Reuters) - FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the scope of fraud prosecutions will bolster his defense as he fights charges stemmin...
May 17, 2023
Celsius bankruptcy auction nears end, with Fahrenheit in the lead
By Dietrich Knauth NEW YORK (Reuters) - A lawyer for Celsius Network on Wednesday said the crypto lender hopes to conclude an auction for its assets within days and the current lead bidder is Fahrenhe...
May 17, 2023
House Speaker McCarthy says U.S. debt ceiling deal by Sunday is “doable”
WASHINGTON (Reuters) - House Speaker Kevin McCarthy said on Wednesday that a deal to raise the U.S. debt ceiling limit was "do-able" by Sunday, the day President Joe Biden said he intended on holding ...
May 17, 2023
Russian economy shrank 1.9% in first quarter – stats service
(Reuters) - Russia's economy shrank 1.9% year-on-year in the first quarter of 2023, data from the Rosstat federal statistics service showed on Wednesday, following growth of 3% in the same period of l...
May 17, 2023
Russia’s consumer prices barely change for second week running
(Reuters) - Russia's weekly consumer prices rose marginally in the period to May 15, state statistics service Rosstat said on Wednesday, steadying in the two weeks since the Bank of Russia opted to ho...
May 17, 2023
FedEx Express pilots vote in support of strike – ALPA union
(Reuters) - Pilots of FedEx Express, a unit of FedEx Corp, have voted "overwhelmingly" in support of a strike, the Air Line Pilots Association (ALPA) said on Wednesday. From the 99% of members who par...
May 17, 2023
Peoria, IL, USA
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