Keyword "NEWR" - List of latest news (206 results)

19/04 Taiwan short-selling curbs extended again amid tariff uncertainty

Taiwan's top financial regulator said on Saturday it would extend temporary curbs on the short-selling of shares to help ensure stock market stability, and did not give an end date for when the restrictions might be lifted.

18/04 DOGE, CFPB disregarded court orders in mass firings, statement says

A member of billionaire Elon Musk's Department of Government Efficiency allegedly screamed and demanded 36-hours of straight work to process Thursday's mass firings at the U.S. Consumer Financial Protection Bureau, an agency employee said in a sworn statement on Friday.

18/04 US consumer watchdog says it will lay off most remaining staff

The U.S. Consumer Financial Protection Bureau, the agency created to serve as a watchdog for American consumers against predatory business practices, said on Thursday it planned to dismiss as much as 90% of its remaining workforce, resuming mass firings less than a week after a federal court ruling granted the Trump administration leeway in setting staff levels.

15/04 Meta to use public posts, AI interactions to train models in EU

Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union.

12/04 Taiwan extends short-selling curbs after U.S. tariffs bring market turmoil

Taiwan's top financial regulator said on Saturday it would extend temporary curbs on short-selling for another week to ensure market stability after U.S. tariffs unleashed turmoil, adding that the restrictions had been helpful.

07/04 Taiwan stocks plummet, exchange to take more stabilisation steps if needed

Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island's stock exchange saying it would roll out more stabilisation policies if needed.

06/04 Taiwan announces temporary short-selling curbs after US tariffs

Taiwan's top financial regulator said on Sunday it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from U.S. President Donald Trump's new import tariffs, and will take other steps as needed.

22/03 Three years after China Eastern plane crash, regulator has not released report

China's aviation regulator has not released an expected update on its investigation into a deadly China Eastern Airlines crash three years ago, leaving relatives and the aviation industry with no details on the cause of the disaster.

10/03 CERAWEEK US energy secretary promises executives faster industry development

In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended to speed up permitting and support the industry, attendees told Reuters.

24/01 European executives join Trump’s call for action on deregulation

Business leaders in Davos joined calls by U.S. President Donald Trump for the European Union to speed up efforts to reduce regulation and increase competition to prevent the bloc from falling further behind other developed markets.

22/01 Azul-Gol airline merger could be a 'necessary evil' in bumpy Brazil market

A plan to merge two of Brazil's top airlines to create a dominant carrier will likely win regulatory approval as a government push for a financially healthy sector outweighs concern about restricted competition, experts and lawyers told Reuters.

21/01 Trump says he'll roll back Biden executive actions, freeze government hiring

U.S. President Donald Trump said on Monday he will revoke nearly 80 executive actions of the previous Biden administration, with the Republican leader adding that he also will implement an immediate freeze on new regulations and hiring.

18/01 Trump plans crypto-friendly orders in first few days in power

President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office, according to three people briefed on the plan.

17/01 Trump's pick to lead EPA says agency authorized, not required to regulate CO2

U.S. President-elect Donald Trump's pick to lead the Environmental Protection Agency on Thursday said he believes climate change is real and a threat but that the agency he is poised to oversee is just authorized, not required, to regulate carbon dioxide emissions.

16/01 US says Toyota unit to plead guilty, pay over $1.6 bln to settle fraud scheme

A Toyota Motor Corp unit agreed to plead guilty and pay over $1.6 billion in a settlement with U.S. government agencies to settle violations related to an emissions fraud scheme, the U.S. Justice Department said in a statement on Wednesday.

07/01 Trump weighing executive order protecting gas stoves

President-Elect Donald Trump is weighing an executive order that seeks to protect gas-powered appliances including stoves and heaters from federal and local regulators who want to phase them out of homes and businesses, two sources familiar with the plans said.

06/01 US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.

03/01 Exclusive: Biden administration issues permit for Perpetua's Idaho antimony and gold mine

The Biden administration on Friday issued the final mining permit for Perpetua Resources' antimony and gold mine in Idaho, according to two sources familiar with the matter, a move aimed at offseting China's near-total market control of a metal used widely across the defense and energy sectors.

31/12 Questions over airport embankment, bird strikes as South Korea air crash probed

Experts said the embankment's proximity to the end of the runway defied best practices.

23/12 Google's proposed search result changes get thumbs up from EU airlines

Alphabet's Google's proposed changes to its search results to comply with EU tech legislation has received the thumbs up from lobbying group Airlines for Europe whose members include Air France KLM and Lufthansa .

19/12 US sets new Paris climate target that Trump is expected to ignore

President Joe Biden's administration has set a new U.S. target under the Paris climate agreement to slash greenhouse gas emissions by 61%-66% below 2005 levels by 2035, a goal officials called achievable by states even if President-elect Donald Trump follows through on vows to reverse federal policies.

13/12 Musk has until Monday to respond to SEC Twitter settlement, source says

The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters.

13/12 SEC 'reopens' probe into Neuralink, Musk's lawyer says

The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X.

05/12 Experts react to bitcoin's $100,000 milestone

"It's a massive milestone for the true believers and possibly evidence of the asset's legitimisation."

28/11 Airports to cooking oil: the many businesses of India's Gautam Adani

Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply of electricity and the sale of cooking oil.

21/11 US SEC chief Gensler to step down in January when Trump takes over

U.S. Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump's administration takes over, the agency said on Thursday, ending an ambitious tenure that saw him clash with Wall Street and the crypto industry.

21/11 Exclusive: Amazon likely to face investigation under EU tech rules next year, sources say

Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case under landmark rules, people with direct knowledge of the matter said.

17/11 TikTok parent ByteDance's valuation hits $300 billion, sources say

TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters.

04/11 MinRes founder Ellison to exit within 18 months after board probe, penalties imposed

Australia's Mineral Resources (MinRes) said on Monday its founder and managing director Chris Ellison will exit the company within 18 months after a probe into his tax affairs and related-party deals found a "range of issues and shortcomings".

02/11 KKR exploring investment in Thames Water share plan, Sky News reports

U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about participating in a 3 billion pounds ($3.88 billion) share sale which forms part of a wider recapitalisation plan, Sky News reported on Saturday.

01/11 Environmentalists sue over US approval of ioneer's Nevada lithium mine

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the U.S. Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the battery metal to be permitted by Democratic President Joe Biden's administration.

31/10 The US securities watchdog's mounting legal headaches

U.S. industry and other groups have sued to overturn rules adopted under Securities and Exchange Commission (SEC) Chair Gary Gensler, with knock-on implications for others on his agenda. Here's a list of rules and actions affected, according to legal filings, the SEC's agenda, and legal experts.

24/10 Spirit Aero losses deepen, burns cash as Boeing strike bites

Spirit AeroSystems posted deeper quarterly losses on Wednesday and said it was burning through dwindling cash reserves, as a strike by Boeing U.S. factory workers hammered the finances of its biggest supplier.

06/09 Exclusive: India to tighten derivatives rules despite investor pushback, sources say

India's markets regulator will tighten derivative rules to increase entry barriers and make it more expensive to trade as it tries to limit retail investors speculating on risky contracts, said four sources with direct knowledge of the matter.

05/09 Top super PAC backing Kamala Harris to accept cryptocurrency donations

A top super political action committee (PAC) backing U.S. Vice President and Democratic presidential candidate Kamala Harris known as Future Forward PAC will accept cryptocurrency donations, a Coinbase spokesperson said Wednesday.

04/09 US safety commissioners call for investigation into Shein, Temu

Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to investigate e-commerce retailers Shein and Temu after "deadly baby and toddler products" were sold on both websites, according to a letter posted on the U.S. CPSC website on Tuesday.

31/08 US crypto executives to throw Washington fundraiser for Harris

Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer regulatory stance on the industry are planning to raise at least $100,000 for the Democratic nominee at a Sept. 13 Washington fundraiser.

23/08 Meta, Spotify CEOs take aim at European AI regulations

Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have criticized European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because of complex rules.

20/08 US must do more to protect species from Gulf of Mexico drilling: judge

A U.S. judge at the urging of environmental groups has thrown out an assessment by a federal agency governing how endangered and threatened marine species should be protected from oil and gas drilling in the Gulf of Mexico.

20/08 US FAA requires inspections of Boeing 787 planes following mid-air dive

The U.S. Federal Aviation Administration said on Monday it would require inspections of Boeing 787 Dreamliners following an incident in March when a LATAM Airlines plane went into a sudden mid-air dive that injured more than 50 passengers.

17/08 FTC sues Asbury Automotive, says it charged Black, Latino customers more

The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of its dealerships in Texas charged Black and Latino customers higher prices than others and routinely added services to customers' contracts without their consent.

15/08 Wall Street firms to pay over $470 million to settle with US regulators over texting

Another group of broker-dealer and investment advisers have agreed to pay over $470 million to U.S. regulators to settle civil charges they violated recordkeeping rules, the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission said in statements on Wednesday.

08/08 Crypto exchange FTX ordered to pay $12.7 billion to customers, US CFTC says

A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday.

05/08 US expected to propose barring Chinese software in autonomous vehicles

The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter.

29/06 Top U.S. banks hike dividends after sailing through Fed's stress test

U.S. banking giants announced plans to raise their third-quarter dividends on Friday after proving that they have enough capital to withstand severe economic and market turmoil in the Federal Reserve's annual health check.

27/06 US farm agency to pay farmers for milk loss due to bird flu

The U.S. Department of Agriculture will soon begin compensating dairy farmers for the loss of milk supply due to bird flu-infected cows, the agency said on Thursday.

25/06 China hits back at West's over-capacity allegations in EVs, lithium batteries

China's Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the U.S. and EU that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies.

14/06 Meta pauses AI models launch in Europe due to Irish request

Meta Platforms will not launch its Meta AI models in Europe for now after the Irish privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the U.S. social media company said on Friday.

14/06 Moderna says next-generation COVID vaccine efficacy non-inferior to current shot

Moderna said on Thursday its next-generation COVID-19 vaccine candidate showed it was not inferior in efficacy compared to its approved shot in a late-stage study.

13/06 Boeing tells DOJ it did not violate deal after 737 MAX crashes, source says

Boeing told the U.S. Justice Department it did not violate a deferred prosecution agreement after fatal crashes involving the 737 MAX, a source familiar with the matter told Reuters on Wednesday.

30/05 KKR wins EU nod for $24 billion Telecom Italia fixed-line network deal

U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network.

28/05 Ex-FTX executive Salame sentenced to 7.5 years in prison

Ryan Salame, the former co-CEO of FTX's Bahamian subsidiary and a top lieutenant to the bankrupt cryptocurrency exchange's founder, Sam Bankman-Fried, was sentenced on Tuesday to 90 months in prison, U.S. federal prosecutors said.

24/05 Boeing sees free cash burn in 2024 as deliveries remain sluggish

Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company's finance chief said on Thursday, as the U.S. planemaker grapples with a crisis that is pinching production of its strongest-selling aircraft.

23/05 U.S. Senate panels launch probe into Trump 'quid pro quo' with energy execs

The U.S. Senate finance and budget committees on Thursday launched an investigation into presidential candidate Donald Trump's reported offer to roll back a slew of environmental regulations in exchange for $1 billion in campaign contributions.

13/05 US overhauls electric grid to make way for more renewables

The U.S. Federal Energy Regulatory Commission on Monday approved the first major electric transmission policy update in over a decade that aims to speed up new interregional lines to move more clean energy to meet growing demand amid the explosion of electric vehicles, data centers and artificial intelligence.

09/05 Distrust in FDIC leadership drives more staff to consider exits, data shows

Staff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows.

03/05 India markets regulator puts six Adani companies on notice for violations

India's markets regulator has sent notices of regulatory violations to six companies of the Adani conglomerate, including its flagship Adani Enterprises , the group said in stock exchange filings.

24/04 Victims' families to urge US prosecute Boeing over fatal crashes

Families of the victims of two fatal Boeing 737 MAX crashes in 2018 and 2019 will press U.S. Justice Department officials Wednesday to criminally prosecute the planemaker after a January in-flight blowout exposed continuing safety and quality issues.

22/04 Australian PM calls X's fight against removal of church stabbing posts 'extraordinary'

Australian Prime Minister Anthony Albanese described as "extraordinary" on Monday a decision by social media platform X to challenge in court a cyber regulators' order for the removal of some posts about the stabbing of a bishop in Sydney.

21/04 TikTok raises free speech concerns on bill passed by US House that may ban app

TikTok on Sunday raised free speech concerns about a bill passed by the U.S. House of Representatives that would ban the popular social media app in the U.S. if its Chinese owner ByteDance did not sell its stake within a year.

20/04 Ecuador president declares state of emergency over energy crisis

Ecuador's President Daniel Noboa declared a second state of emergency on Friday over an energy crisis that has already led to rationing in the South American country.

20/04 X vows to 'robustly challenge' Australia order to remove stabbing posts

Social media platform X said on Saturday it would challenge in court an order from an Australian regulator demanding the company remove some posts related to the stabbing of a bishop in Sydney.

19/04 Apple removes WhatsApp, Threads from China app store on government order

Apple removed Meta Platforms' WhatsApp and Threads from its App Store in China on Friday after the iPhone maker was ordered by the Chinese government.

17/04 US FAA issues ground stop advisory for Alaska Airlines

The U.S. Federal Aviation Administration on Wednesday issued a ground stop advisory for Alaska Airlines , saying: "All Alaska mainline and subcarrier flights ground stopped."

17/04 US auto sector 'whipsawed' by politicians, Ford chairman says

The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and forth as the White House changes hands doesn't help, but the adoption rate of electric vehicles will continue to grow, Ford Motor's executive chairman Bill Ford said on Wednesday.

12/04 US finalizes big reforms to federal oil and gas drilling

President Joe Biden's administration on Friday finalized a range of reforms designed to boost returns and address environmental harms from oil and gas drilling on public lands.

11/04 US surpasses renewable energy goal for public lands

The Biden administration on Thursday said the U.S. had surpassed a goal of permitting more than 25 gigawatts of clean energy projects on public lands by 2025 and finalized a plan to slash project fees for wind and solar energy on federal acreage.

09/04 Airlines struggle with lack of planes as summer travel set to hit record levels

The global airline industry is facing a summer squeeze, with travel demand expected to surpass pre-pandemic levels while aircraft deliveries drop sharply due to production problems at Boeing and Airbus .

05/04 US FDA issues warning letters to retailers against underage sale of ZYN nicotine pouches

The U.S. Food and Drug Administration on Thursday said it had issued warning letters and filed civil money penalty complaints against retailers engaged in underage sale of various flavors of ZYN nicotine pouches.

05/04 Meta pushes back on US FTC's bid to amend 2020 privacy settlement

Meta Platforms has rebuffed an attempt by the U.S. Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency.

04/04 Ford delays some North American electric SUV, truck production

Ford Motor said on Thursday it had delayed the planned launches of three-row EVs in Canada and its next-generation electric pickup truck built in Tennessee as the slowdown in EV demand globally forces automakers to revise production plans.

25/03 Boeing CEO Dave Calhoun to step down in management shakeup amid safety crisis

Boeing Co CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the planemaker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 MAX plane.

24/03 Google, Apple breakups on the agenda as global regulators target tech

Big Tech is facing its biggest challenge in decades as antitrust regulators on both sides of the Atlantic crack down on alleged anti-competitive practices that could result in break-up orders to Apple and Alphabet's Google, a first for the industry.

23/03 US FAA weighs curbing new routes for United after safety incidents, Bloomberg reports

The U.S. Federal Aviation Administration is considering measures to curb growth at United Airlines , including preventing the carrier from adding new routes, following a series of safety incidents, Bloomberg News reported on Saturday.

20/03 Boeing burns more cash than expected as it limits 737 production

Boeing 's MAX safety crisis is causing it to burn more cash than expected, its finance chief said on Wednesday, meaning the U.S. planemaker will need more time to hit a key financial target for coming years.

20/03 Boeing CFO says made decision to keep 737 production below 38/month

Boeing has made the decision to keep B737 jet production below 38 per month, and will only accept a fully conforming fuselage from supplier Spirit AeroSystems at its Washington state factory, CFO Brian West told analysts on Wednesday.

15/03 BMW apologizes after criticism from annual Chinese consumer show

German carmaker BMW apologized to Chinese drivers on Friday after its BMW 530Li model's transmission shaft was singled out on the country's annual consumer day gala television show for producing "disturbing" noises.

07/03 US Republican states, industry groups challenge EPA's new soot pollution rule

Republican-led states and industry groups on Wednesday filed three lawsuits challenging a U.S. Environmental Protection Agency rule that toughens air quality standards for soot pollution.

01/03 The politics and economics behind Biden's China-car espionage probe

President Joe Biden, vowing to "do right by U.S. auto workers," launched an investigation this week into whether Chinese-made vehicles could be used to spy on Americans, a far-off threat given the few such cars on U.S. roads now.

01/03 US to probe if Chinese cars pose national data security risks

The United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could impose restrictions due to concerns about "connected" car technology, the White House said on Thursday.

23/02 US FTC files complaint against H&R Block for deleting consumers' tax data

The U.S. Federal Trade Commission said on Friday it had filed a complaint against H&R Block for deleting consumers’ tax data and requiring them to contact customer service when they downgrade to more affordable online products.

20/02 Exclusive: Top UK pension fund Nest expects to lift private assets to 30% of holdings

Nest, a 36 billion pound ($45 billion) UK workplace pension fund, expects to ramp up private assets holdings to as much as 30% of its portfolio, in one of the most significant moves into alternative investments by a large UK retirement scheme.

16/02 Union-backing shareholder asks Starbucks to disclose 'anti-union spending,' approaches SEC

A labor union-backing shareholder wrote a letter to the U.S. Securities and Exchange Commission on Friday, saying that Starbucks has failed to disclose costs arising from anti-union campaigns, which was estimated at about $240 million.

15/02 SEC clears Trump's social media deal worth as much as $10 billion

The U.S. Securities and Exchange Commission allowed Donald Trump's media and technology company to merge with a blank-check acquisition vehicle in a deal that currently values the parent of his social media app Truth Social at as much as $10 billion.

13/02 IRS sues FDIC over Silicon Valley Bank's $1.4 billion tax debt

The U.S. Internal Revenue Service on Tuesday sued the Federal Deposit Insurance Corporation, asking a judge to determine how much the FDIC must pay to cover an estimated $1.45 billion tax debt owed by the failed Silicon Valley Bank.

13/02 EU must make accelerating permits a priority, says business group

More than eight in 10 companies say the time it takes to secure permits is a barrier to investing in Europe and accelerating this process should be a top EU priority, business lobby BusinessEurope said on Tuesday.

30/01 JetBlue, Spirit seek expedited appeal of ruling blocking merger

JetBlue Airways and Spirit Airlines are seeking an expedited appeal aimed at reversing a lower court ruling that blocked their $3.8 billion merger.

29/01 Philips reaches compliance agreement with FDA over ventilator recall

Dutch health technology company Philips said on Monday it had reached an agreement on the terms of a settlement with the U.S. Food and Drug Administration (FDA) over a large-scale recall of ventilators.

24/01 Exclusive: China regulators ask funds to restrict short selling of stock index futures -sources

China's securities regulators have asked some hedge fund managers to restrict short selling in the country's stock index futures market, two sources said, as authorities seek to stabilise sinking stocks.

19/01 Exclusive: China orders indebted local governments to halt some infrastructure projects-sources

China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the situation said, as Beijing struggles to contain debt risks even as it tries to stimulate the economy.

18/01 Exclusive: India could ease China investment curbs if border stays calm

India could ease its heightened scrutiny of Chinese investments if the two countries' border remains peaceful, a senior Indian official said in the first signal that the four-year-old curbs could be lifted.

16/01 Crypto exchange OKX secures Dubai licence to target retail clients

OKX, one of the world's largest cryptocurrency exchanges, has been granted a regulatory licence in Dubai that will allow it to offer crypto services to retail clients, the company said on Tuesday.

11/01 US FAA formally investigating Boeing 737 MAX 9 after mid-air panel incident

The Federal Aviation Administration is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing, the regulator said Thursday.

11/01 OpenAI CEO Sam Altman to meet US House Speaker Mike Johnson - Axios

OpenAI CEO Sam Altman will meet with Republican U.S. House of Representatives Speaker Mike Johnson on Capitol Hill on Thursday, Axios reported on Wednesday, citing a source.

10/01 Alaska Airlines cancels Boeing 737 MAX 9 flights through Saturday

Alaska Airlines said on Wednesday it will cancel all flights on Boeing 737 MAX 9 jets through Saturday as it conducts inspections after a cabin panel blowout on Friday, which Boeing suggested was caused by a "quality" issue.

09/01 Microsoft's OpenAI investment risks EU merger probe, EU regulators say

Microsoft's financial backing for ChatGPT maker OpenAI may be subject to EU merger rules, EU antitrust regulators said on Tuesday, underscoring a similar warning from its UK peer in December.

06/01 Auto dealers challenge new US FTC car-buyer consumer protection rules

Two groups representing auto dealers said on Friday they had filed a legal challenge to the Federal Trade Commission's new sweeping consumer protection regulations finalized last month.

04/01 Japan crash marks test of how new carbon jets cope in a disaster

Tuesday's runway collision in Japan marks the first time a modern lightweight airliner has burnt down and is being seen as a test case for how well a new generation of carbon-composite airplanes copes with a catastrophic fire.

03/01 Exclusive: China's top banks tighten exposure to smaller peers to curb credit risk, sources say

Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy.

02/01 Netherlands blocks ASML exports to China in partial license revocation

Chip machine manufacturer ASML on Monday said the Dutch government had partially revoked an export license for the shipment of some chip-making equipment to China, following U.S. export restrictions.

05/12 Focus: Canada oil firms face losses as booming supply runs into Trans Mountain delays

Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the expanded line, meant to unlock access to Asia.

28/11 Shein’s IPO raises fresh questions on alleged forced labor in its supply chain

As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 T-shirts and $10 sweaters.

27/11 Australian regulator calls for new competition laws for digital platforms

Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon , Apple , Google , Meta and Microsoft in the country.

25/11 Beijing police launch investigation into troubled wealth manager Zhongzhi

Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoyang Public Security Bureau on Saturday.

23/11 China wealth manager Zhongzhi flags insolvency, liabilities of $64 bln

China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more than double its assets, as one of the country's leading wealth managers grapples with a deepening property sector crisis.

20/11 Southwest, other US airlines face holiday travel test after 2022 blizzard

Andrew Watterson knows the cost of flight disruptions.

18/11 US lawmakers urge scrutiny of SpaceX worker injuries after Reuters report

Three U.S. lawmakers are calling for greater scrutiny of worker safety at Elon Musk's SpaceX following a Reuters investigation that documented hundreds of injuries at the rocket company's U.S. manufacturing and launch sites.

14/11 Tall trucks, SUVs are 45% deadlier to US pedestrians, study shows

Trucks and sport utility vehicles with hood heights greater than 40 inches are about 45% more likely to cause fatalities in pedestrian crashes than shorter vehicles with sloped hoods, according to new research from the Insurance Institute for Highway Safety.

14/11 Exclusive: China orders local governments to cut exposure to public-private projects as debt risks rise, sources say

China has ordered its local governments to halt public-private partnership projects identified as "problematic" and replaced a 10% budget spending allowance for these ventures with a vetting mechanism by Beijing as it tries to curb municipal debt risks.

13/11 In the Market: Inside Wall Street's scramble after ICBC hack

The cyber hack of Industrial and Commercial Bank of China's U.S. broker-dealer was so extensive on Wednesday, even the corporate email stopped working and forced employees to switch to Google mail, according to two people familiar with the situation.

11/11 Exclusive: ICBC puts capital into US unit, seeks cyber review after hack

The bank injected capital into its U.S. unit to help pay BNY Mellon $9 billion for unsettled trades and hired a cybersecurity firm to enable it to resume normal business after a ransomware attack.

05/11 Delhi primary schools to close amidst high pollution levels

Primary schools in India's capital city will remain closed until Nov. 10 due to high pollution levels, a Delhi government minister said in a post on social media platform X, formerly known as Twitter.

25/10 Exclusive: China's cabinet curbs debt growth in 12 "high risk" regions - sources

China's cabinet has restricted the ability of local governments in 12 heavily indebted regions to take on new debt and placed limits on what new state-funded projects they can launch, three sources with knowledge of the matter said.

17/10 Tether freezes crypto linked to 'terrorism and warfare' in Israel and Ukraine

Cryptocurrency issuer Tether has frozen 32 crypto wallet addresses containing a combined $873,118 it said were linked to "terrorism and warfare" in Israel and Ukraine, the company said on Monday.

13/10 TikTok to take proactive steps to address issues in Malaysia

Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government said the app was not fully compliant with local laws.

12/10 Malaysia says TikTok not fully compliant with local laws

Short video application TikTok has shown an unsatisfactory level of compliance with the laws of Malaysia, the country's communications minister said on Thursday, stressing it had not done enough to curb defamatory or misleading content.

02/10 Dutch regulator rejects Apple’s objections against fines

Dutch competition watchdog ACM on Monday said it had rejected objections by Apple against fines of 50 million euros ($52.9 million) it had given the company over failure to comply with regulations aimed at limiting the dominant position of Apple's App Store.

15/09 Malaysia says it penalised 400 companies this year for labour offences

Malaysia has taken action against 400 companies so far this year for violating labour laws, state news agency Bernama reported, citing Human Resources Minister V. Sivakumar.

02/09 India court orders Jet Airways founder to remain in custody till Sept. 11

An Indian court on Saturday decided that Jet Airways founder Naresh Goyal will remain in India's financial crime agency's custody until Sept. 11, according to two people familiar with the matter.

01/09 US private funds industry sues securities regulator over new rules

Six private equity and hedge fund trade groups on Friday sued the U.S. Securities and Exchange Commission (SEC), arguing the agency overstepped its statutory authority when adopting sweeping new expense and disclosure rules last week.

29/08 U.S. regulator asks for information on Tesla Autopilot monitoring drivers

U.S. auto regulator NHTSA has sent a special order to Tesla TSLA.O asking questions about changes to the driver monitoring system for its Autopilot software, documents released on Tuesday showed.

25/08 Oil companies sue U.S. over Gulf auction changes meant to protect whale

An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale.

23/08 US SEC overhauls rules for $20 trillion private fund industry

The U.S. Securities and Exchange Commission on Wednesday voted to overhaul rules for private equity and hedge funds, but in a victory for the industry did not make it easier for investors to sue fund managers and also did not ban arrangements that make it easier for some investors to cash out than others.

21/08 Exclusive: Walmart, Centric probe suppliers for potential links to Cambodia women's prison

Walmart and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the country's largest women's prison were illegally employed to produce garments for export, following questions posed by Reuters and inquiries from a U.S. industry group about labour practices there.

04/08 US CDC panel recommends Sanofi-AstraZeneca's preventive RSV therapy for babies

The U.S. Centers for Disease Control and Prevention (CDC) said its advisory panel on Thursday recommended use of Sanofi and partner AstraZeneca's antibody therapy to prevent respiratory syncytial virus (RSV) in infants and toddlers.

29/07 Breakingviews - Big Tech super regulator would be a super dud

Two U.S. lawmakers have an idea for reining in Big Tech: get someone else to do it. That would be a great way to fail to fix anything, columnist Ben Winck writes.

28/07 Binance and its CEO seek dismissal of CFTC complaint

Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday.

25/07 Binance, CEO plan to seek dismissal of CFTC complaint

Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations.

19/07 Analysis: French backlash scuppers appointment of US economist for EU Big Tech regulation

A French-led backlash led to a U.S. economist withdrawing from a top European Union antitrust job on Wednesday, a move some economists said risks undermining competition policy-making.

19/07 Regulator cancels license of FTX's Australian business

Australia's securities regulator said on Wednesday it had cancelled the license of the local arm of collapsed U.S. cryptocurrency exchange FTX, effective from July 14.

13/07 Google's AI chatbot, Bard, expands to Europe, Brazil, to take on ChatGPT

Alphabet said it is rolling out its artificial- intelligence chatbot, Bard, in Europe and Brazil on Thursday, the product's biggest expansion since its February launch and pitting it against Microsoft -backed rival ChatGPT.

13/07 Elon Musk thinks China is interested in an international AI framework

Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from conversations he had when he visited China a few weeks ago.

11/07 Microsoft's Activision deal gets US judge go-ahead despite White House objection

Microsoft cleared a major hurdle in its planned $69 billion purchase of videogame maker Activision Blizzard, in a blow to President Joe Biden's antitrust efforts.

11/07 US seeking to block curbs on government contact with social media firms

The U.S. Justice Department on Monday sought to block a judge's order that barred some federal agencies and officials from communicating with social media firms about moderating content on their platforms in a decision stemming from a Republican-backed lawsuit against President Joe Biden's administration.

10/07 China mutual funds cut fees as regulator targets $3.7 trillion sector

More than a dozen major mutual fund companies in China cut fees in roughly 1,500 fund products on Monday as regulators started reforming fee practices in the $3.7 trillion industry in an effort to reduce costs to investors.

05/07 JetBlue says it will end alliance with American to save Spirit merger deal

JetBlue Airways Corp , seeking to protect its merger with Spirit Airlines , said on Wednesday it will follow a U.S. judge's order in May that it end an alliance with American Airlines Group .

05/07 US Judge restricts Biden officials from contact with social media firms

A U.S. federal judge on Tuesday restricted some agencies and officials of the administration of President Joe Biden from meeting and communicating with social media companies to moderate their content, according to a court filing.

27/06 Over $200 billion likely stolen from U.S. COVID relief programs, watchdog says

Over $200 billion from the U.S. government's COVID-19 relief programs were likely stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds.

23/06 Construction halted on mansion of Brazilian soccer star Neymar

Construction on a mansion belonging to Brazilian soccer player Neymar Jr was halted on Thursday due to environmental violations, officials said on Thursday, adding that the high-profile athlete could face a fine of at least $1 million.

22/06 Tech companies including Google gripe about unfair cloud practices

Technology trade groups as well as Alphabet's Google have griped to the Federal Trade Commission about allegedly unfair business practices in the cloud, including by the industry's No. 2 by market share Microsoft .

18/06 Swiss referendum set to back global minimum corporate tax, climate goals

Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.

18/06 Exclusive: Xi Jinping tells Bill Gates he welcomes U.S. AI tech in China

Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and said he welcomed U.S. firms including Microsoft bringing their AI tech to China, two sources familiar with the talks said.

15/06 Analysis: Spasms in UK mortgage market spell pain for homeowners, economy

Bedlam in Britain's 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a renewed slump in housing activity and financial pain for homeowners on a par with the late 1980s.

12/06 OpenAI CEO says 'optimistic' on global AI coordination

The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him "quite optimistic" about prospects for global coordination on artificial intelligence (AI).

08/06 Swiss parliament greenlights investigation into Credit Suisse crash

Switzerland's parliament has formally agreed to establish a parliamentary commission (PUK) to look into Credit Suisse's collapse and rescue in a deal engineered by Swiss authorities, the legislative body said on Thursday.

08/06 Britain to host first global summit on artificial intelligence safety

Britain will host a global summit on artificial intelligence safety later this year and Prime Minister Rishi Sunak and U.S. President Joe Biden will discuss the technology at their Thursday meeting, the UK government said.

06/06 Microsoft to pay $20 mln to settle US charges for violating children's privacy

Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from children without their parents' consent, the FTC said on Monday.

05/06 US SEC sues Binance, founder Zhao alleging securities law violations

The world's largest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Securities and Exchange Commission on Monday for failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls, as well as for operating an unregistered securities exchange.

05/05 Pressure grows for regulatory intervention as US bank rout deepens

Pressure is growing on U.S. regulators to take more steps to shore up the country's banking sector as a renewed rout in regional lenders' shares forced PacWest Bancorp to explore options to bolster its balance sheet.

04/05 Microsoft offers to charge for Teams to address EU antitrust concerns

Microsoft has offered to charge different prices for its Office product with and without its Teams app to stave off a possible EU antitrust investigation and fine, two people familiar with the matter said.

03/05 The engine dispute at the heart of Go First's bankruptcy filing

Cash-strapped Indian airline Go Airlines (India) Ltd, recently rebranded as Go First and previously as Go Air, filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of about half its fleet.

30/04 PNC, JPM putting in final bids for First Republic in FDIC auction

The FDIC is expected to announce a deal before Asian markets open and say it has seized the lender, which would make it the third major U.S. bank to fail in two months.

30/04 G7 should adopt 'risk-based' AI regulation, ministers say

Group of Seven advanced nations should adopt "risk-based" regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on emerging tools such as ChatGPT.

29/04 California moves to phase-out diesel-powered trucks, cut locomotive pollution

California regulators on Friday approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.

28/04 Exclusive: Mexican officials at oil regulator who rejected Pemex plans were pressured to quit - sources

Last June, Mexico's oil regulator unanimously rejected a plan presented by state energy company Pemex to develop its biggest discovery in three decades, arguing the proposal was both economically and technically unsound.

28/04 White House: Monitoring situation at First Republic, could step in if needed

The White House is continuing to monitor the situation at First Republic Bank, which has continued to lose deposits this week, spokesperson Karine Jean-Pierre said on Thursday, vowing that the Biden administration stood ready to take action if needed.

26/04 Biden would veto bill to overturn heavy duty truck emissions rules

The White House said President Joe Biden would veto a bill seeking to overturn Environmental Protection Agency (EPA) rules that aim to drastically cut smog- and soot-forming emissions from heavy-duty trucks.

10/04 Goldman Sachs to pay $15 mln fine for swap disclosure violations

A Goldman Sachs & Co unit has agreed to pay $15 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges that it failed to make proper disclosures and communicate fairly to swap customers, the regulator saidon Monday.

10/04 Japan following China's Taiwan drills with 'great interest'

Japan has been following China's military drills around Taiwan consistently and "with great interest", a top government spokesperson said on Monday, on the last scheduled day for the exercises where Beijing has simulated striking the island.

31/03 EU backs use of Novo Nordisk's weight loss drug in adolescents

The European Medicines Agency said on Friday its committee has recommended expanding the use of Danish drugmaker Novo Nordisk's weight loss drug in adolescents aged 12 years and older.

31/03 US Justice Dept sues Norfolk Southern over Ohio train derailment

The U.S. Justice Department on Thursday filed a lawsuit against Norfolk Southern Corp over the Feb. 3 train derailment in East Palestine, Ohio.

30/03 White House pushes new rules for mid-sized banks without going to Congress

The Biden administration proposed a limited list of new measures Thursday to strengthen mid-sized banks that it said could be pushed through without having to go to Congress.

29/03 Credit Suisse still helping wealthy dodge U.S. taxes, Senate Committee finds

Credit Suisse continues to help ultra-wealthy Americans evade taxes and had concealed more than $700 million from tax authorities in violation of a 2014 plea agreement, the U.S. Senate Finance Committee said on Wednesday.

29/03 Biden says White House response to banking stress is 'not over yet'

U.S. President Joe Biden said on Tuesday his administration had done what was possible to address the banking crisis with available authorities, but added the White House response on the matter was "not over yet."

28/03 Starbucks, union at odds over hybrid negotiations

Starbucks Corp , which has faced criticism over its opposition to union organizing, said the labor union representing some of its stores has rejected in-person bargaining sessions and is insisting on hybrid negotiations.

28/03 Bankers at US midsize lenders battle to keep deposits after exodus

Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers and spurred a $119 billion exodus from small institutions in recent weeks.

28/03 Judge halts Voyager Digital's $1.3 bln sale to Binance.US

A federal judge on Monday temporarily stopped bankrupt Voyager Digital from completing a proposed $1.3 billion sale to crypto exchange Binance.US, allowing the U.S. government more time to pursue appeals that challenge the legality of the deal.

27/03 Biden FAA nominee who withdrew cites 'cheap and unfounded partisan attacks'

President Joe Biden's nominee to head the Federal Aviation Administration (FAA) who withdrew from his consideration said Monday he did not see a path forward for winning approval.

26/03 Credit Suisse could face disciplinary action, Swiss regulator says

Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland's second largest bank had to be rescued last week by UBS .

24/03 Fed officials say sense of financial stability cleared path for rate hike

Federal Reserve officials on Friday said there was no indication financial stress was worsening as they gathered at a policy meeting this week, a fact that allowed them to stay focused on lowering inflation with another interest rate increase.

23/03 Exclusive: N. American fixed income group will not take legal action over Credit Suisse AT1 wipeout -source

The Credit Roundtable, a lobby group of some of the biggest fixed income asset managers from the United States and Canada, has decided not to take legal action against Credit Suisse AG , a person familiar with the matter told Reuters on Thursday.

23/03 Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out

Credit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt to be wiped out under its rescue takeover by UBS .

23/03 The sure-footed Fed of the past year now in doubt about next policy step

For the first time in a year the Federal Reserve has left its next policy step in doubt as its policymakers weigh the risks of continued high inflation against a possibly looming U.S. credit crunch that could slow the economy in sharp and potentially unexpected ways.

22/03 Schools could more easily provide free meals under U.S. agency rule

Schools across the country could more easily serve free breakfast and lunch to millions of children under a proposed rule change announced Wednesday by the U.S. Department of Agriculture.

22/03 Fed's Powell faces political storm, policy minefield over SVB oversight

The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, a decision that will land amid a brewing political storm over the U.S. central bank's oversight of collapsed Silicon Valley Bank and with the financial world hanging on the words of one man: Jerome Powell.

21/03 Second lab-grown chicken product cleared for human consumption by U.S. regulator

California-based cultivated meat company GOOD Meat has received clearance from the U.S. Food and Drug Administration to bring its lab-grown chicken to market, according to agency documents released on Tuesday.

18/03 China fines Deloitte $31 mln for auditing negligence

China has fined auditing firm Deloitte 211.9 million yuan ($30.8 million) for failing to perform its duty in assessing the asset quality of China Huarong Asset Management Co Ltd , the finance ministry said on its website on Friday.

17/03 Democratic lawmakers urge US to probe Goldman Sachs' role in SVB collapse

A group of Democratic U.S. lawmakers sent a letter to regulators and the Justice Department requesting a probe into the role of Goldman Sachs Group Inc in the collapse of the Silicon Valley Bank , the office of U.S. Representative Adam Schiff said on Friday.

16/03 Factbox: TikTok's Chinese ownership, security concerns spark bans across nations

The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday.

14/03 Inflation still a front-burner issue in the hectic Fed kitchen

Stubbornly high inflation, a robust job market, and an outbreak of financial stress have presented the Federal Reserve with a stark choice in the coming week: push ahead with interest rate hikes that could upend fragile markets or announce a pause that could weaken its unfinished fight against rising prices.

08/03 Analysis: Bankman-Fried's bid to shift blame complicated by new charges

Since his December arrest on fraud charges, FTX founder Sam Bankman-Fried and his lawyers have suggested part of his defense will be seeking to distance himself from the day-to-day operations of the now-bankrupt cryptocurrency exchange.

08/03 CERAWEEK Energy Dept loan office says some applicants need 'mentorship'

Less than a third of companies applying to a U.S. green energy loan program are able to navigate a complex credit review process, with the rest requiring help that slows down approval, a senior administration official told Reuters.

07/03 Starbucks CEO agrees to testify before US Senate panel

Starbucks Corp interim Chief Executive Officer Howard Schultz has agreed to testify this month before a U.S. Senate committee, the company and panel chairman Senator Bernie Sanders said on Tuesday.

06/03 U.S. CFPB's bid to curb late credit card fees faces strong opposition

A U.S. consumer watchdog's proposal to slash late fees on credit cards is facing a rough road ahead as lenders gear up for what could turn out to be a fierce battle with the agency, industry experts and analysts said.

05/03 China stresses need for tech reliance, firms should lead innovation

China's science and technology policies should aim to build the country's strength and self-reliance, while companies take the lead in pushing innovation, Premier Li Keqiang said on Sunday.

04/03 Civil rights audit at Google proposes better tackling of hate speech, misinformation

Google on Friday released an audit that examined how its policies and services impacted civil rights, and recommended the tech giant take steps to tackle misinformation and hate speech, following pressure by advocates to hold such a review.

02/03 Republican FTC Commissioner Christine Wilson to step down on March 31

The U.S. Federal Trade Commission's lone Republican commissioner, Christine Wilson, will step down from her role at the end of March, she said in a letter to President Joe Biden on Thursday, in which she criticized FTC Chair Lina Khan.

28/02 Glencore sentenced to pay $700 million in US after bribery guilty plea

A U.S. judge on Tuesday ordered Glencore Plc to pay $700 million in connection with its guilty plea over a decade-long scheme to bribe foreign officials across several countries.

28/02 Exclusive: Mexico's Pemex increased gas flaring at top field, despite pledge to stop

State oil company Pemex promised late last year that it would stop burning natural gas from a major field in southeast Mexico by mid-January, amid mounting pressure to improve its poor environmental record.

27/02 Musk's plan for a cheap Tesla car is what fans hope to hear this week

Tesla Chief Executive Elon Musk has for years teased the world with his dream of an affordable electric car. This week, fans hope, he will explain what he has in mind - and perhaps how he can afford to build it.

22/02 Amazon completes One Medical takeover after FTC nod, discounts membership

Amazon.com Inc said on Wednesday it completed its $3.5 billion takeover of primary care provider One Medical , a day after a U.S. Federal Trade Commission (FTC) official announced that the agency would not challenge the deal.

19/02 China refines capital and risk management of commercial banks

China's banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks' capital adequacy and risk management, in a step to better prevent risks in the country's financial system.

15/02 Tesla to open U.S. charging network to rivals in $7.5 bln federal program -White House

Tesla will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways to cut carbon emissions, the Biden administration said on Wednesday.

10/02 Exclusive: To tap U.S. government billions, Tesla must unlock EV chargers 

Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has never actually done so in the United States, where the company dominates the electric vehicle market.

09/02 Chinese state media, AI companies warn of risks in ChatGPT stock frenzy

Chinese state media on Thursday cautioned against risks in chasing ChatGPT-concept stocks, while artificial intelligence (AI) companies urged investors to be rational after their soaring share prices caught regulators' attention.

07/02 Big Tech not doing enough to remove fake news, activist NGO Avaaz says

Twitter, Google's YouTube, Meta Platform's Facebook, Microsoft's LinkedIn and TikTok are not doing enough to remove fake news from their platforms, raising doubts about their ability to comply with new EU online content rules, activist NGO Avaaz said on Tuesday.

06/02 Indonesia president warns regulator to boost supervision after Adani rout

Indonesian President Joko Widodo urged on Monday his country's financial regulator to strengthen supervision on capital markets in the wake of the crisis at India's Adani Group.

30/01 U.S. watchdog identifies $5.4 billion in potentially fraudulent COVID-19 loans

The U.S. government likely awarded about $5.4 billion in COVID-19 aid to people with questionable Social Security numbers, a federal watchdog said in a report released on Monday.

28/01 MSCI seeks feedback on Adani Group over Hindenburg report

Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research.

27/01 India market regulator increases scrutiny of Adani group - sources

India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report issued by short-seller Hindenburg Research to add to its own ongoing preliminary investigation into the group’s foreign portfolio investors, according to two sources aware of the matter.

21/01 High egg prices should be investigated, U.S. farm group says

The Federal Trade Commission (FTC) should examine high egg prices for signs of price gouging from top egg companies, a farm group said, as Americans continue to pay more than ever for the household staple.

18/01 Spotify joins media firms to urge EU action against Apple's 'unfair' practices

Music streaming service Spotify Technology , along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday.

18/01 Exclusive: Mexico's Pemex destroyed resources worth $342 million from two top fields

Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years up to August 2022 at two of its most important new fields, internal documents from the country's oil regulator showed.

17/01 Tesla video promoting self-driving was staged, engineer testifies

A 2016 video that Tesla used to promote its self-driving technology was staged to show capabilities like stopping at a red light and accelerating at a green light that the system did not have, according to testimony by a senior engineer.

05/01 SEC objects to Binance.US's deal to buy Voyager Digital

The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US's proposed $1 billion acquisition of bankrupt cryptocurrency lender Voyager Digital, a bankruptcy court filing showed on Wednesday.

04/01 Biden names Phillips acting head of energy regulator

President Joe Biden has named Willie Phillips, a Democrat, acting chairman of the Federal Energy Regulatory Commission, FERC said on Tuesday.