US SEC proposes plan to bolster clearing houses’ resiliency
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan…
Business
AI threatens humanity’s future, 61% of Americans say – Reuters/Ipsos
By Anna Tong (Reuters) – The swift growth of artificial intelligence technology could put the future of humanity at risk,…
Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold its key interest rate steady this year despite…
Brazil’s antitrust watchdog approves L’Oreal deal to buy Aesop
SAO PAULO (Reuters) – Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s…
Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored…
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) – Meta Platforms Inc is set to face a record European Union…
Swiss parliament to investigate Credit Suisse collapse
ZURICH (Reuters) – Credit Suisse’s collapse and its takeover by UBS will be investigated by a parliamentary commission (PUK), the…
US single-family building permits at 7-month high; housing slump persists
By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. single-family homebuilding jumped to a seven-month high in April, giving…
Celsius bankruptcy auction nears end, with Fahrenheit in the lead
By Dietrich Knauth NEW YORK (Reuters) – A lawyer for Celsius Network on Wednesday said the crypto lender hopes to…
Russia’s consumer prices barely change for second week running
(Reuters) -Russia’s weekly consumer prices rose marginally in the period to May 15, the state statistics service Rosstat said on…