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Wall Street WhatsApp probe set to result in historic fine – Bloomberg Law
(Reuters) - U.S. regulators are set to announce a settlement with firms across Wall Street for failing to monitor employees using unauthorized messaging apps, Bloomberg Law reported on Tuesday, citing...
Syndicated Content Sep 27, 2022
U.S. lawmakers want Biden to take action on outbound investment to China
WASHINGTON (Reuters) - A group of lawmakers including House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer and Republican Senator John Cornyn on Tuesday called on President Joe Biden to is...
Syndicated Content Sep 27, 2022
Italian state lender CDP readies offer for TIM’s network after national vote
MILAN (Reuters) - Italian state lender CDP is readying a preliminary offer for Telecom Italia's landline grid, it said on Tuesday, as it presses ahead with plans to create a single broadband company w...
Syndicated Content Sep 27, 2022
Bullard: Recession a risk, but more on a global than U.S. basis
WASHINGTON (Reuters) - Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a collapse of a U.S. economy that rema...
Syndicated Content Sep 27, 2022
Bank of England’s Pill sees “significant” move, but only in November
By David Milliken and Marc Jones LONDON (Reuters) -The Bank of England is likely to deliver a "significant policy response" to finance minister Kwasi Kwarteng's huge tax cuts but it should wait until ...
Syndicated Content Sep 27, 2022
Space and Time valued at $300 million after Microsoft venture arm-led fundraise
By Medha Singh (Reuters) - Space and Time, a decentralized data analytics platform, secured $20 million in funding from a group of investors led by Microsoft venture capital arm M12, valuing the compa...
Syndicated Content Sep 27, 2022
U.S. FDA to review fewer emergency use requests for COVID tests
(Reuters) - The U.S. Food and Drug Administration said on Tuesday it will now review only a small number of emergency use authorization requests for COVID tests that are likely to have a significant b...
Syndicated Content Sep 27, 2022
Analysis-Loonie bulls reel as Bank of Canada trails Fed on terminal rate bets
By Fergal Smith TORONTO (Reuters) - As higher borrowing costs slow Canada's outsized housing market, investors are betting the Bank of Canada will raise interest rates to a lower end-point than the Fe...
Syndicated Content Sep 27, 2022
U.S. new home sales unexpectedly rise in August
WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly increased in August, but the rebound is likely temporary, with the 30-year fixed mortgage rate soaring to levels last seen dur...
Syndicated Content Sep 27, 2022
Celsius CEO steps down amid bankruptcy proceedings
By Mehnaz Yasmin and Hannah Lang (Reuters) -Celsius Network said on Tuesday Chief Executive Officer Alex Mashinsky has decided to step down and the bankrupt crypto lender appointed finance chief Chris...
Syndicated Content Sep 27, 2022
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