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Russians reluctantly embrace Chinese cars after Western brands depart
By Gleb Stolyarov and Roman Churikov MOSCOW (Reuters) - As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome t...
Syndicated Content Mar 24, 2023
Banking regulators increase scrutiny of ‘shadow’ bank exposures
By Huw Jones LONDON (Reuters) - Global banking regulators will step up scrutiny of how risks from systemically important shadow banks could destabilise lenders, a top banking regulator said on Friday ...
Syndicated Content Mar 24, 2023
Global money market funds’ weekly inflows hit 3-year high
(Reuters) - Global money market and government bond funds received massive inflows in the seven days to March 22 as investors scrambled for safety amid turmoil in the U.S. and European banking sectors...
Syndicated Content Mar 24, 2023
Banks scrutinize Credit Suisse products, interactions after takeover
By Laura Matthews, Matt Tracy and Stefania Spezzati NEW YORK/LONDON (Reuters) - Some bankers and traders are grappling with how to interact with Credit Suisse across various markets including debt and...
Syndicated Content Mar 24, 2023
Attorney for former President Trump appears before grand jury
By Sarah N. Lynch WASHINGTON (Reuters) -Donald Trump's attorney Evan Corcoran appeared on Friday before a federal grand jury investigating the former U.S. president's retention of classified documents...
Syndicated Content Mar 24, 2023
Investors urge European chemical makers to take action on emissions
LONDON (Reuters) - Investors managing more than $4 trillion in assets have told European chemical companies they must set out a path to move away from fossil fuels, saying that the sector's role in gr...
Syndicated Content Mar 24, 2023
UK regulator drops some competition concerns in Microsoft-Activision deal
LONDON (Reuters) - Britain's regulator said it no longer believed that Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard would harm competition in relation to the supply of ...
Syndicated Content Mar 24, 2023
Binance halts deposits, withdrawals on glitches in spot trading
(Reuters) -Cryptocurrency exchange Binance has paused deposits and withdrawals on its platform due to issues affecting its spot trading, its Chief Executive Changpeng Zhao said in a tweet on Friday. "...
Syndicated Content Mar 24, 2023
High & Dry: Banking crisis to further choke funding for cannabis sector
By Mrinalika Roy (Reuters) - The global banking turmoil threatens to squeeze U.S. cannabis companies already struggling with meager funding sources by drying up support from regional lenders and tight...
Syndicated Content Mar 24, 2023
Databricks pushes open-source chatbot as cheaper ChatGPT alternative
By Krystal Hu and Stephen Nellis (Reuters) - Databricks, a San Francisco-based startup last valued at $38 billion, on Friday released open-source code that it said companies could use to create their ...
Syndicated Content Mar 24, 2023
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