Oil falls 2% on weak US and Chinese economic data
By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a one-week low on Thursday as a political…
Economy
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…
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…
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…
Exclusive-Ghana official creditors close to giving financing assurances for debt rework talks -sources
By Jorgelina do Rosario, Christian Akorlie and Rachel Savage LONDON/ACCRA (Reuters) -Ghana’s official creditors are poised to grant financing assurances…
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…
Analysis-Sterling’s star may fade as focus shifts to squeeze on UK economy
By Naomi Rovnick LONDON (Reuters) -It’s the best performing currency this year in the G10 group of advanced economies against…
IMF says US default would have ‘very serious repercussions’ on global economy
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that a U.S. debt default prompted by…