Ad Behind the Markets
BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Wednesday he discussed with U.S. President Joe Biden efforts to fight climate change, as well as the outcome of a summit of rainforest nations held in Brazil last week. In a post on social media platform X, formerly known as Twitter, Lula said he…
By Jack Queen (Reuters) – A Georgia state law against racketeering could be a powerful tool in prosecuting Donald Trump, but applying charges traditionally used to take down organized crime risks miring the case in legal and logistical complications. Fulton County District Attorney Fani Willis on Monday charged the Republican former president and 18 associates…
By Jack Queen (Reuters) – Criminal charges filed against former U.S. President Donald Trump in Georgia state court include allegations that he violated an anti-organized crime law known as RICO that is more expansive than its federal counterpart. WHAT IS RICO? U.S. lawmakers passed the federal Racketeering Influenced and Corrupt Organizations Act in 1970 to…
(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission (SEC). The move will allow Coinbase to offer bitcoin and ether futures directly to eligible U.S. customers. Until now, only…
WASHINGTON (Reuters) – The U.S. securities regulator will continue to carefully review issuer filings, it said on Wednesday in response to a Reuters report that Chinese offshore issuers are toning down China-related business risks in their listing documents. “Any issuer who chooses to access the U.S. capital markets must comply with our federal securities laws…
By Isla Binnie NEW YORK (Reuters) – Invenergy Renewables, Blackstone and Canada’s second-largest pension fund said on Wednesday they struck a deal with Bank of America to help buy wind and solar plants worth $1.5 billion, capitalising on a new tax structure included in President Joe Biden’s landmark climate law. Developers and investors are working…
By Steven Scheer and Emily Rose JERUSALEM (Reuters) – A growing number of Israel’s tech startups are incorporating in the United States, attracted by deep pocketed U.S. funds and pro-business policies, and with an extra push from a planned judicial overhaul at home that has rattled investors. That marks a reversal, as Israel had managed…
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – A U.S. summit with Japan and South Korea on Friday will include an ambitious set of initiatives to lock in progress between the allies, White House Indo-Pacific coordinator Kurt Campbell said on Wednesday. Campbell said the U.S. relationship with Japan and South Korea would be a…
By Pete Schroeder WASHINGTON (Reuters) -Wall Street ended Wednesday lower and oil continued a downward slide as concerns over more Federal Reserve rate hikes and China’s laggard economy weighed on investors. U.S. stocks accelerated losses after minutes of the Fed’s July rate-setting meeting showed officials were divided on the need for more interest rate hikes,…
By Michael Martina and David Shepardson WASHINGTON (Reuters) – Close to half of American adults support a ban on the Chinese-owned social media app TikTok, according to a new Reuters/Ipsos survey that also asked questions about national security concerns and China. TikTok, owned by Chinese tech giant ByteDance and used by tens of millions of…
