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Hedge funds see $26 billion in net outflows in Q3 – HFR
NEW YORK (Reuters) - Global investors redeemed $26 billion from hedge funds in the third quarter, in the second consecutive quarter of net asset outflows, industry data provider HFR said on Thursday. ...
Syndicated Content Oct 20, 2022
Closing arguments begin in Kevin Spacey civil sex abuse trial
By Jack Queen (Reuters) - Closing arguments began on Thursday in Kevin Spacey's civil sex abuse trial, as the Oscar-winning actor fights allegations that he made an unwanted advance on a 14-year-old i...
Syndicated Content Oct 20, 2022
Texas sues Google for allegedly capturing biometric data of millions without consent
WASHINGTON (Reuters) -Texas has filed a lawsuit against Alphabet's Google for allegedly collecting biometric data of millions of Texans without obtaining proper consent, the attorney general's office ...
Syndicated Content Oct 20, 2022
Meta oversight board can now apply warning screens on content
(Reuters) - Meta Platforms Inc's independent oversight board said on Thursday that starting this month it can decide on applying warning screens, marking content as "disturbing" or "sensitive". The bo...
Syndicated Content Oct 20, 2022
Russia to launch Moskvich car production at former Renault plant in December
MOSCOW (Reuters) - Russia plans to start production of the Soviet-era Moskvich cars in December, Moscow Mayor Sergei Sobyanin said on Thursday, more than six months after French carmaker Renault's exi...
Syndicated Content Oct 20, 2022
India competition regulator fines Google $161.95 million for anti-competitive practices
BENGALURU (Reuters) - India's competition regulator said on Thursday it has fined Alphabet Inc's Google 13.38 billion Indian rupees ($161.95 million) for anti-competitive practices related to Android ...
Syndicated Content Oct 20, 2022
Mnuchin to take stand at Trump ally Barrack’s foreign agent trial
By Luc Cohen NEW YORK (Reuters) - Former U.S. Treasury Secretary Steven Mnuchin is expected to take the stand as a witness for the defense of Tom Barrack, a onetime fundraiser for former U.S. Presiden...
Syndicated Content Oct 20, 2022
Fed may have to slow or stop balance sheet trimming in 2023, Barclays says
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve may have to slow or stop shrinking its nearly $9 trillion balance sheet sooner than many now expect, according to a report from Barclays. T...
Syndicated Content Oct 20, 2022
Banks, Big Tech seek clearer guidance on combating scams
By Huw Jones LONDON (Reuters) - Banks, tech and telecom companies in Britain are calling on regulators and lawmakers to make it easier for them to share anonymised data on customers so they can spot a...
Syndicated Content Oct 20, 2022
Banking agencies to provide guidance on crypto after better understanding risks- FDIC head
(Reuters) - Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better understand the associated risks, said the acting chairman...
Syndicated Content Oct 20, 2022
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