Nearly 6 million Britons missed payments on bills, regulator says
By Suban Abdulla LONDON (Reuters) – Millions of British borrowers repeatedly missed payments on bills in the six months to…
Business
Oil dips as weaker China, US economic data offset IEA demand forecast
By Stephanie Kelly NEW YORK (Reuters) – Oil futures dipped on Tuesday as weaker-than-expected economic data in China and the…
WeWork CEO Mathrani to step down after joining Sycamore Partners as director
(Reuters) -WeWork Inc on Tuesday said that Sandeep Mathrani would step down as the workspace provider’s chief executive officer, effective…
EU states approve world’s first comprehensive crypto rules
By Huw Jones (Reuters) – European Union states on Tuesday gave the final nod to the world’s first comprehensive set…
Global securities watchdog to propose rules for cryptoassets
LONDON (Reuters) – Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms…
US FTC sues to block Amgen’s $27.8 billion deal for Horizon Therapeutics
By Diane Bartz and Leroy Leo WASHINGTON (Reuters) -The U.S. Federal Trade Commission said on Tuesday it has filed a…
Exclusive-UBS set to gain EU nod for Credit Suisse deal, sources say
By Foo Yun Chee BRUSSELS (Reuters) -UBS is expected to secure unconditional European Union antitrust approval for its planned takeover…
Barclays technology banker joins Citigroup
By Milana Vinn NEW YORK (Reuters) -Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival…
Ex-Silicon Valley Bank CEO defends record, regulators vow tougher supervision
By Hannah Lang, Tatiana Bautzer, Pete Schroeder and Ann Saphir WASHINGTON/NEW YORK (Reuters) – The former chief executive of Silicon…
US Fed’s Logan says ‘smaller, less frequent’ hikes may be safer for stability
AMELIA ISLAND, Florida (Reuters) – Changing interest rates in “smaller, less frequent steps” can make it less likely that U.S….