HSBC, Scotiabank hit with US penalties over employees’ use of personal devices
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings Plc…
Business
Insulin makers testify on Capitol Hill over prices
By Ahmed Aboulenein WASHINGTON (Reuters) – Leaders of major insulin makers and pharmacy benefit managers (PBMs) traded blame for the…
Twitter’s verified users get early access to encrypted messaging
(Reuters) – Twitter Inc on Thursday allowed users who subscribe to its Blue verification feature an early access to its…
Hindenburg shorts Icahn Enterprises bonds as battle with billionaire heats up
(Reuters) -Billionaire investor Carl Icahn came under pressure again on Thursday as short seller Hindenburg Research began shorting bonds in…
BlockFi gets court permission to return $297 million to Wallet customers
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million…
Turkish Airlines set to order 600 aircraft, chairman says
ISTANBUL (Reuters) – Turkish Airlines (THY) will order a total of 600 new aircraft in June and they will be…
Elon Musk’s bid to end tweet pre-approval faces skeptical court
By Jody Godoy (Reuters) – A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that…
Deposit outflows after SVB collapse concentrated among ‘super-regionals’ – New York Fed study
By Howard Schneider WASHINGTON (Reuters) – Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated…
Rising sol: Peru’s currency at year-high after shaking off protest impact
By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged…
Pirelli sees end of Golden Power process on governance agreement after early June
MILAN (Reuters) -Pirelli said on Thursday it expected Italy would conclude its review of governance agreements involving the holding in…