By Kirstin Ridley LONDON (Reuters) – A former Goldman Sachs banker and self-proclaimed whistleblower is suing his former employer for more than 20 million pounds ($23 million) for unfair dismissal in a London claim the Wall Street bank has labelled “cynical” and “lamentable”. The bank said the claim by Thomas Doyle, its former EMEA head…
BERLIN (AP) — The head of Germany’s national cybersecurity agency has been dismissed following reports of possible ties to Russian intelligence, the Interior Ministry said Tuesday. The ministry said that Interior Minister Nancy Faeser dismissed Arne Schoenbohm as head of the BSI agency following the allegations, which “damaged the necessary confidence of the public in…
LONDON (AP) — Facebook parent Meta said Tuesday that it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation. Britain’s competition watchdog had ordered Meta last year to reverse the deal —…
ANKARA, Turkey (AP) — Turkey’s main opposition party applied to the country’s supreme court on Tuesday seeking a suspension of the enforcement of a newly-approved media law that mandates prison terms for people deemed to be spreading “disinformation.” Last week, parliament approved a 40-article legislation that amends press and social media laws with the stated…
BRUSSELS (AP) — European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies don’t further tank their struggling economies and foment unrest. At the same time, they need to keep all 27 members united in their opposition to Russian President Vladimir Putin. Leading up to Thursday’s start…
NEW YORK (AP) — Philanthropist MacKenzie Scott donated $84.5 million to Girl Scouts of the USA and 29 of its local branches, the 110-year-old organization said Tuesday, calling it a vote of confidence. “Her support of our organization means honestly just as much as the donation,” Sofia Chang, CEO of GSUSA, said in an interview….
LONDON (AP) — Powerless, humiliated, labeled a “ghost” prime minister and compared unfavorably to a head of lettuce — this is not a good week for Liz Truss. Britain’s prime minister was scrambling to recover her grasp on power Tuesday after her economic plans were ripped up and repudiated by a Treasury chief whom she…
WASHINGTON (Reuters) – The U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions in a new push to beef up financial regulation to help fight global warming. The Treasury’s Federal Insurance Office said in a Federal…
By Niket Nishant, Noor Zainab Hussain and Saeed Azhar (Reuters) -Goldman Sachs Group Inc unveiled a plan to reorganize its business into three units in its biggest overhaul since 2020, as the Wall Street giant reported a smaller-than-expected 44% slump in third-quarter profit on Tuesday. The bank will now have three operating segments – asset…
PARIS (AP) — Tens of thousands of French workers took to the streets Tuesday across the country, striking for pay hikes that keep up with rising inflation. The industrial action came after weeks of walkouts that have hobbled French oil refineries and sparked gasoline shortages around the country. “It’s time to go back to work,”…
