Factbox-Highlights from SEC complaint against crypto exchange Binance
By Angus Berwick (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday accused the world’s largest crypto exchange,…
Business
Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at…
JPMorgan flags some signs of emerging de-dollarisation
By Marc Jones LONDON (Reuters) -Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank…
US hotel operators bank on ‘extended stay’ brands to navigate tight financing
By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) – U.S. hotel executives say they are betting on brands that…
Fairfax Financial to buy majority of PacWest loans sold to Kennedy-Wilson
(Reuters) – Canadian insurer Fairfax Financial Partners said on Monday it had agreed to buy a huge chunk of PacWest…
US banks could face 20% capital hike under new global rules
By Pete Schroeder WASHINGTON (Reuters) – U.S. banks could face capital hikes of as much as 20% under new rules…
Global airlines target Europe over green policies
By Joanna Plucinska, Tim Hepher and Aditi Shah ISTANBUL (Reuters) – Airlines took aim at Europe over green fuel mandates…
Apple shares notch all-time high ahead of developer conference
(Reuters) -Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an…
European shares in the red as downbeat U.S. data stokes growth concerns
By Shreyashi Sanyal and Amruta Khandekar (Reuters) -European shares dipped on Monday as investors took profits after last week’s rebound,…
GM to invest over $1 billion in Flint plants to boost truck production
By Joseph White (Reuters) – General Motors Co said on Monday it plans to invest more than $1 billion to…