Fidelity marks down value of Twitter stake again
(Reuters) – A Fidelity fund has marked down the value of its stake in Twitter for the third time since…
Business
Analysis-Small investors are souring on China’s recovery
By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The last great hope for China’s faltering post-pandemic rally is fading…
US clamps down on sensitive export requests to China
By David Shepardson WASHINGTON (Reuters) – The U.S. government is closely scrutinizing exports to China and last year denied or…
Bank of Queensland pledges to comply with anti-money laundering laws, manage risks
(Reuters) – Bank of Queensland Ltd said on Wednesday it had entered into separate undertakings with the country’s financial crime…
Former Coinbase manager, brother agree to settle SEC insider trading charges
By Chris Prentice (Reuters) – A former product manager for Coinbase Global Inc and his brother have agreed to settle…
UK business confidence dips in May, inflation pressures persist: Lloyds
By Suban Abdulla LONDON (Reuters) – Sentiment among British businesses fell for the first time in three months in May…
Biden withdraws nomination of official to head US auto safety agency
By David Shepardson WASHINGTON (Reuters) – The White House said on Tuesday that President Joe Biden is withdrawing the nomination…
Exclusive – EU’s Breton to discuss AI rules with OpenAI CEO in June
By Foo Yun Chee BRUSSELS (Reuters) – EU industry chief Thierry Breton will meet OpenAI CEO Sam Altman in San…
Rating agency KBRA remains confident in US government top rating
NEW YORK (Reuters) – Kroll Bond Rating Agency (KBRA) said on Tuesday it remained confident about its top AAA rating…
Activist investor Legion urges Twilio to consider board changes, divestitures- The Information
(Reuters) – Activist investor Legion Partners has met Twilio Inc officials several times, urging the cloud computing company to make…