Exclusive-SoftBank’s Arm Registers For Blockbuster US IPO
By Anirban Sen and Echo Wang NEW YORK (Reuters) – SoftBank Group Corp’s chip maker Arm Ltd has filed with…
Reuters
FDIC Prepares To Place First Republic Under Receivership
By Greg Roumeliotis NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic…
Behind EU Lawmakers’ Challenge To Rein In ChatGPT And Generative AI
(This April 28 story has been refiled to remove repeated word in paragraph 1) By Martin Coulter and Supantha Mukherjee…
Turkey’s Baykar Plans Production Of New Air Combat Drone Next Year
ISTANBUL (Reuters) – Turkish defence firm Baykar aims to begin production of its new unmanned combat aerial vehicle (UCAV) next…
US FDIC Asks JPMorgan, PNC For Final First Republic Bids Due Sunday – Bloomberg News
(Reuters) – The U.S. Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co and PNC Financial Services…
China’s Didi Sees 2022 Revenue Hit By COVID, Net Loss Narrows
BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…
FDIC Prepares To Place First Republic Under Receivership – Source
By Greg Roumeliotis NEW YORK (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank…
US Fed Points Finger At Trump-era Rollback For SVB Demise
By Douglas Gillison (Reuters) – The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era…
Wall Street Climbs As Strong Earnings Offset Slowdown Worries, Fed Meeting In Focus
By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – U.S. stock indexes advanced on Friday after strong earnings updates…
US Regulators Vow To Sharpen Oversight As SVB, Signature Aftershocks Reverberate
By Ann Saphir, Hannah Lang and Chris Prentice (Reuters) – U.S. regulators on Friday put large banks on notice that…