Keyword "REGS" - List of latest news (4 041 results)

13:11 Google, X next targets as Europe stays tough on tech regulation

Alphabet's Google and Elon Musk's X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory U.S. tariffs, according to three sources with direct knowledge of the matter.

12:35 Apple fined $570 million and Meta $228 million for breach of EU law

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech.

01:33 US to phase out many synthetic food dyes, Kennedy and FDA head say

Health Secretary Robert F. Kennedy Jr. and FDA Commissioner Marty Makary said on Tuesday that the agency plans to remove petroleum-based synthetic food dyes from the U.S. food supply by revoking authorizations of some and working with industry to voluntarily remove others.

19:26 Google declined OpenAI bid for partnership, exec testifies at trial

Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.

22/04 US bank regulator lays out plans for 20% staff reduction, emails says

A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump administration's broader efforts to cull the federal workforce.

21/04 FTC accuses Uber of misleading subscribers

The U.S. Federal Trade Commission on Monday sued Uber Technologies , accusing it of signing up some Uber One subscribers without their knowledge and making deceptive claims about the service.

21/04 Gilead says Trodelvy-Keytruda combo effective for aggressive breast cancer type

Gilead Sciences said on Monday a late-stage study showed that its drug Trodelvy used in combination with Merck's immunotherapy Keytruda significantly slowed disease progression in patients with an aggressive type of breast cancer.

21/04 Google faces trial in US bid to end search monopoly

Alphabet's Google faces a historic trial on Monday as U.S. antitrust enforcers in Washington seek to force the tech giant to sell off its Chrome browser as part of a bid to restore competition to the market for online search engines.

21/04 Exclusive: Huawei readies new AI chip for mass shipment as China seeks Nvidia alternatives, sources say

Huawei Technologies (HWT.UL) plans to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, two people familiar with the matter said.

21/04 Vietnam central bank preparing restructuring plan for troubled lender SCB

Vietnam's central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank, the lender at the centre of the country's biggest financial fraud on record, local media reported.

19/04 Trump to fast-track permitting for 10 mining projects across US

The White House on Friday said it will fast-track permitting for 10 mining projects across the United States as part of President Donald Trump's push to expand critical minerals production.

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 Trump to reclassify many federal workers, making them easier to fire

U.S. President Donald Trump said on Friday his administration is set to change the employment classifications of tens of thousands of federal workers, a move governance experts say will make it easier to carry out more mass layoffs.

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.

18/04 Exclusive: FDA fires most negotiators for pharma user fee talks, sources say

The U.S. Food and Drug Administration's mass layoffs included senior negotiators in talks with the pharmaceutical industry over renewing the user fee programs that fund the regulator's drug review system, six sources familiar with the matter said.

17/04 Explainer: What does ruling on Google's illegal ad tech monopoly mean?

A U.S. judge's ruling that Google has illegal monopolies in ad technology sets up the possibility of U.S. prosecutors seeking a breakup. Here's what the case involves and what Google owner Alphabet faces from here.

17/04 US FDA suspends food safety quality checks after staff cuts

The Food and Drug Administration is suspending a quality control program for its food testing laboratories as a result of staff cuts at the Department of Health and Human Services, according to an internal email seen by Reuters.

17/04 Trump Media presses US regulator to investigate short positions in its stocks

The media company majority owned by President Donald Trump, Trump Media & Technology Group , said on Thursday it had asked the U.S. Securities and Exchange Commission (SEC) to investigate a recent short position in its stocks.

17/04 UK approves combination therapies of GSK's blood cancer drug Blenrep

GSK said on Thursday two combination therapies with its cancer drug, Blenrep, have received approval from British authorities for the treatment of a type of blood cancer in adults who had received at least one other therapy previously.

17/04 Lilly weight-loss pill works as well as Ozempic, shares surge

Eli Lilly's experimental pill worked as well as blockbuster drug Ozempic to lower weight and blood sugar in a trial of diabetes patients, and the company said it expects to seek regulatory approvals by the end of the year.

17/04 US judge finds Google holds illegal online ad tech monopolies

Alphabet's Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing another blow to the tech titan in an antitrust case brought by the U.S.

17/04 Global shippers await word on US plan to hit China-linked vessels with port fees 

The U.S. Trade Representative's office will announce its plan on Thursday for levying port fees on China-linked ships as part of President Donald Trump's effort to revive domestic shipbuilding and counter China's dominance on the high seas.

17/04 India's BluSmart, rival of Uber, suspends operations after co-founder probed

Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's investigation found a co-founder misused funds at an affiliate company and bought a luxury apartment with money allocated for electric vehicles.

17/04 China bans 'smart' and 'autonomous' driving terms from vehicle ads

China is banning automakers from using the terms "smart driving" and "autonomous driving" when they advertise driving assistance features, and it will tighten scrutiny of such technology upgrades.

17/04 Under Trump, consumer watchdog to slash industry supervision

The top U.S. watchdog agency for consumer finance will cut its inspections of financial services companies in half while focusing on threats to military personnel and turning away from areas like student loans, medical debt, digital payments and consumer data, according to a memo sent to staff on Wednesday.

17/04 US CDC advisers recommend lowering the age for RSV shots to 50-59 years

The U.S. Centers for Disease Control and Prevention's panel of outside experts on Wednesday recommended the use of respiratory syncytial virus vaccines in younger adults who are at increased risk of severe illness from the virus.

16/04 Kennedy plans studies to look for environmental contributors to autism

U.S. Health Secretary Robert F. Kennedy Jr. announced on Wednesday that he is planning new studies to identify environmental contributors to autism that he links to its rising prevalence in the country.

16/04 Meta trial: 5 key moments from Zuckerberg's testimony

Meta Platforms CEO Mark Zuckerberg testified this week at a high-stakes trial in Washington where the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.

16/04 PwC shuts operations in nine African countries

PwC shut operations in nine Sub-Saharan African countries last month following a strategic review, the Big Four accounting firm said, in response to a media report that said the company exited over a dozen countries to avoid scandals.

15/04 US SEC leaders push back as Musk's DOGE seeks broad access, source says

Elon Musk's Department of Government Efficiency is seeking access to U.S. Securities and Exchange Commission data, including email communications, according to a source familiar with the matter.

15/04 Brazil auto market offers warning for US tariff policy

When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars.

15/04 Former US labor officials urge contractors to stand firm on DEI

A group of former U.S. Department of Labor officials has urged federal contractors to maintain their corporate diversity policies in the face of legal threats by the Trump administration, a letter seen exclusively by Reuters showed.

15/04 At US antitrust trial, Meta's Zuckerberg admits he bought Instagram because it was 'better'

Meta CEO Mark Zuckerberg made a key concession at a U.S. antitrust trial on Tuesday, saying he bought Instagram because it had a "better" camera than the one his company was trying to build for flagship app Facebook at the time.

15/04 Judge scraps US rule capping credit card late fees at $8

A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule adopted during President Joe Biden's administration was illegal.

15/04 US CDC advisers to review vaccine guidelines after months-long delay

The U.S. Centers for Disease Control and Prevention's outside expert panel will convene on Tuesday after a nearly two-month delay and expects to review guidelines for several vaccines including recommendations for the next generation of COVID-19 shots.

15/04 Trump administration moves to scrap Biden-era credit card late fee rule

President Donald Trump’s administration on Monday asked a federal court to throw out a regulation capping credit card late fees at $8, saying it agreed with business and banking groups that alleged in a lawsuit that the rule was illegal.

15/04 Judge orders Bank of America to pay $540 million in FDIC lawsuit

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance.

15/04 US congressional watchdog to probe changes at the SEC, letter says

The U.S. Government Accountability Office plans to scrutinize changes at the U.S. Securities and Exchange Commission, including any led by the White House or Elon Musk's Department of Government Efficiency, according to a letter sent to Democratic lawmakers on Capitol Hill.

14/04 Novo Nordisk warns consumers about counterfeit versions of Ozempic in US

Danish drugmaker Novo Nordisk said on Monday several hundred counterfeit units of its diabetes drug Ozempic were being distributed outside its authorized supply chain in the United States.

14/04 Pfizer ends development of weight-loss pill danuglipron

Pfizer on Monday said it has discontinued development of experimental weight-loss pill danuglipron after a trial patient experienced potential drug-induced liver injury which resolved after the medication was stopped.

14/04 Trump health policy uncertainty sends biotech sector into deeper slump

Trump administration cuts across federal health agencies have sent shivers through a biotech industry already struggling through a prolonged downturn, increasing concerns they will have a harder time getting products approved, investors, company executives and analysts said.

14/04 Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp

Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case where U.S. antitrust enforcers seek to unwind the deals.

13/04 Helicopter in fatal New York crash lacked flight recorders, NTSB says

No video or camera recorders have been recovered from the Bell 206 helicopter, the NTSB said, and none of the equipment on it had recorded information that would help the investigation.

12/04 China expands access for Spanish pork as trade tensions with US mount

China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.

11/04 Exclusive: China has considered opening its $520 billion ETF market to Western market makers, sources say

China has been looking at allowing Western firms such as Citadel Securities and Jane Street to act as market makers in its rapidly growing exchange-traded fund (ETF) sector, two people with direct knowledge of the matter said.

11/04 JPMorgan analyst says he now tempers public comments on US tariffs

A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank.

11/04 US Army turns over helicopter safety memo to Congress

The U.S. Army has turned over to the Senate a 2024 August memo detailing why it routinely failed to use a safety system known as ADS-B on helicopter flights around Reagan Washington National Airport, Senator Ted Cruz said Thursday.

11/04 Exclusive: Shein gains UK approval for London IPO, awaits China nod, sources say

Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter.

11/04 Australia's Monash IVF admits 'error' after woman gives birth in embryo swap

One of Australia's biggest IVF providers said it accidentally implanted the embryo of the wrong couple into a woman who learned of the mistake after giving birth, with the company's initial investigation putting the mistake down to "human error".

10/04 American Airlines plane struck on ground at Washington airport by another plane, no injuries reported

An American Airlines plane carrying at least three members of Congress at Reagan Washington National Airport was struck on the taxiway by the wingtip of another American Airlines jet, the Federal Aviation Administration said on Thursday.

10/04 EU expects to add record renewable capacity in 2025, industry sees headwinds

European Union countries are projected to install a record amount of renewable energy capacity this year, European Commission projections showed, although parts of the sector warned cuts to government support could hamper this growth.

10/04 Breakingviews - US-China trade clash risks all-out financial war

In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%. The upshot? The world’s two largest economies remain locked in a retaliatory standoff that torches $600 billion in bilateral trade and could yet spiral out of control.

10/04 Wall Street bosses fear anti-American backlash as Trump's trade war intensifies

Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions.

10/04 Trump says TikTok deal is still 'on the table'

President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of TikTok is still "on the table" days after it was put on hold.

09/04 US Postal Service seeks to hike stamp prices to 78 cents

The United States Postal Service said on Wednesday it wants to raise the price of first-class mail stamps to 78 cents from 73 cents effective July 13.

09/04 Explainer: What is PISCES and can it herald a UK capital markets revolution?

Britain's Financial Conduct Authority (FCA) has set out proposals for a new platform - The Private Intermittent Securities and Capital Exchange System (PISCES) - to enable trading of shares in private companies.

09/04 Banks to battle exchanges for fees on Britain's new private share trading platform

Britain's hopes of an equity capital market revival are weighing heavily on a secondary share trading platform that is sowing discord in the finance sector months before its launch.

09/04 In China, whispers of change as some companies tell staff to work less

A handful of major Chinese companies like home appliance maker Midea have new badges of honour this year: mandatory clock-off times for staff and bans on after-hours meetings.

09/04 Democratic US senators question Google and Microsoft's AI deals

Two Democratic U.S. senators demanded information from Microsoft and Google about their cloud computing partnerships with artificial intelligence companies, expressing concern the arrangements could stifle competition in the cutting-edge industry.

09/04 Largest US egg producer cooperating in Justice Department price probe

The largest U.S. egg producer, Cal-Maine Foods , is cooperating with a U.S. Department of Justice investigation into high egg prices and whether producers have conspired to raise them, the company said on Tuesday.

09/04 Top FAA air traffic control official stepping down

The head of the Federal Aviation Administration's air traffic organization is stepping down after 40 years of federal government service, an agency spokesperson said on Tuesday.

08/04 Measles cases in Texas rise to 505, state health department says

The Texas health department reported 505 cases of measles in the state on Tuesday, an increase of 24 cases from its previous count on April 4, as the United States battles an outbreak of the childhood disease that has spread across 22 states.

08/04 Musk’s X reaches deal to drop Twitch from lawsuit over ad spending

Elon Musk’s X has reached an agreement to resolve claims that live streaming service Twitch conspired with other companies and an advertising industry group to boycott the social media platform, causing it to lose ad revenue.

08/04 US Justice Dept disbands crypto enforcement team, citing Trump order

The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to narrow crypto investigations to focus on drug cartels and terrorist groups, according to a memo seen by Reuters.

08/04 Trump to sign executive orders to boost coal industry, sources say

U.S. President Donald Trump will sign executive orders on Tuesday aimed at boosting the nation's coal industry, two sources familiar with the matter told Reuters.

08/04 Breakingviews - China will struggle to deal with its overcapacity

China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that consumers in the People's Republic will need a lot more government support to absorb some of the slack.

08/04 Indonesia stock market falls 9%, rupiah drops to record low

Indonesia's stock market dropped 9% in early trade on Tuesday, triggering a 30-minute trading halt, and the rupiah fell 1.8% to a record low as markets reopened after an extended holiday break and reacted to the global market turmoil caused by U.S. tariffs.

08/04 Senator Warner says new Trump TikTok extension may violate law

The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.

07/04 US health insurers jump as 2026 Medicare payment rates exceed expectations

The U.S. announced a 5.06% average increase in the government's final reimbursement rates for 2026 Medicare Advantage health plans run by private insurers, more than double the increase it proposed in January.

07/04 New 'surprising' case of mpox variant clade lb detected in England

Britain's health security agency said on Monday another case of the mpox variant clade lb had been detected in England in a person who had no reported travel history or link with previously confirmed cases in the country.

07/04 US Supreme Court turns away challenge to New York state gun limits

The U.S. Supreme Court turned away on Monday a challenge to New York firearms restrictions adopted shortly after the justices in 2022 struck down the Democratic state's previous limits on carrying concealed handguns in a landmark ruling that expanded gun rights.

07/04 US utilities grapple with Big Tech's massive power demands for data centers

U.S. electric utilities are fielding massive requests for new power capacity as Big Tech scours the country for viable locations for new data centers to keep up with the compute demands of AI.

07/04 Breakingviews - Yuan is strategic barometer for China post-tariffs

The first daily fix for the renminbi’s dollar trading band this week reveals much about China's thinking in the short-term about its trade relationship with the U.S. and the rest of the world, but Beijing's long-term strategic calculus is quickly coming into focus too.

04/04 DOGE staffers arrive at U.S. antitrust and consumer protection agency

Two people working with billionaire Elon Musk on a bid to radically shrink the U.S. government have started work at the U.S. Federal Trade Commission, the agency tasked with enforcing antimonopoly laws and fighting consumer fraud by companies.

04/04 FDA suspends program to improve bird flu testing due to staff cuts

The U.S. Food and Drug Administration is suspending efforts to improve its bird flu testing of milk, cheese and pet food due to massive staff cuts at the agency, according to an email seen by Reuters and a source familiar with the situation.

04/04 Trump layoffs begin to erode FDA drug review system

The Trump administration's mass firings at the U.S. Food and Drug Administration have removed employees critical to reviewing new medicines, setting back years of effort to bring promising treatments to patients more quickly, former and current FDA sources told Reuters.

04/04 How Indian bank IndusInd's push for profits and lax controls drove it to a crisis

IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the biggest crisis for the lender in its three-decade history, multiple sources said.

03/04 US health department says it may ask fired staff to keep working

Thousands of employees fired this week from the Department of Health and Human Services and the public health agencies it oversees may be asked to temporarily continue working for two months, the department said on Thursday.

03/04 Oil imports exempted from Trump’s sweeping tariffs

Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.

02/04 Top officials to leave US SEC's anti-bribery unit, sources say

The top two leaders of the U.S. Securities and Exchange Commission's foreign corrupt practices unit are leaving the agency, according to two people familiar with the matter, at a time when the Trump administration has been hitting the brakes on anti-corruption enforcement.

02/04 Top cases before the US Supreme Court

The U.S. Supreme Court's current term includes cases involving guns, gender-affirming medical care for transgender minors, online pornography, religious rights, TikTok, preventive healthcare, Planned Parenthood funding, job discrimination, federal regulatory powers on nuclear waste storage and vape products, voting rights and more.

02/04 FDA misses deadline for decision on Novavax's COVID-19 vaccine, source says

The U.S. Food and Drug Administration has missed the deadline for making a decision on Novavax's COVID-19 vaccine, a source familiar with the matter told Reuters on Wednesday.

02/04 Exclusive: Democrats ask SEC to preserve records related to Trump’s crypto business, probing conflicts

A pair of top Democratic lawmakers asked the U.S. securities regulator on Wednesday to preserve records related to President Donald Trump’s crypto venture World Liberty Financial and posed questions about potential conflicts of interest.

02/04 US Supreme Court tosses ruling faulting FDA for denying flavored vape products

The U.S. Supreme Court threw out on Wednesday a judicial decision that found the U.S. Food and Drug Administration acted unlawfully in refusing to let two e-cigarette companies sell flavored vape products that regulators consider a health risk to youths.

02/04 Kremlin says Caspian pipeline oil export infrastructure restricted after Ukrainian drone attacks

Russian restrictions were imposed Black Sea oil export infrastructure from the Caspian pipeline (CPC) due to Ukrainian drone attacks on the pipeline's infrastructure, the Kremlin said on Wednesday.

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

02/04 US FDA insider Steele replaces Marks as top vaccine official, for now

The U.S. Food and Drug Administration said on Tuesday it had named Scott Steele as acting director of its Center for Biologics Evaluation and Research (CBER), following the exit of top vaccine scientist Peter Marks.

01/04 US Senate committee opens review into Meta efforts to gain Chinese market access

A U.S. Senate investigative subcommittee on Tuesday opened a review into efforts by Facebook parent Meta Platforms to gain access to the Chinese market and is seeking documents from the company.

01/04 Volkswagen, Stellantis and other carmakers hit with $495 million EU cartel fine

Volkswagen , Stellantis , 13 other carmakers and their car association were fined a total of 458 million euros ($495 million) by EU antitrust regulators on Tuesday for taking part in a vehicle recycling cartel.

01/04 Couche-Tard, 7-Eleven face early hurdle on store divestiture plan

Convenience store chain giants Couche-Tard and Seven & i , who are taking steps to divest thousands of stores they collectively own in North America to ease regulatory concerns ahead of a potential merger, are faced with an early test for the plan - attracting rival suitors for the stores.

01/04 Analysts at Cantor, formerly headed by Lutnick, call for Kennedy's dismissal

Analysts at Cantor Fitzgerald, formerly headed by the Trump administration's Secretary of Commerce Howard Lutnick, called for the dismissal of Secretary of Health and Human Services Robert F. Kennedy Jr.

01/04 With Kid Rock at his side, Trump signs executive order targeting ticket scalping

President Donald Trump on Monday signed an executive order aimed at protecting fans from "exploitative ticket scalping" and reforming the U.S. live entertainment ticketing industry.

31/03 FTC concerned about privacy protections in 23andMe bankruptcy

The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans' personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency's chairman said on Monday.

31/03 US SEC, Musk agree to timeline for billionaire to respond to lawsuit, filing says

The U.S. Securities and Exchange Commission and Elon Musk have proposed a date for which the billionaire will respond to the lawsuit the regulator filed against him in January, according to a joint motion filed on Monday.

31/03 House Democrats open probe into FCC media investigations

Three House of Representatives Democratic lawmakers on Monday opened a probe into a series of investigations launched by Federal Communications Commission chair Brendan Carr into media outlets including CBS, NBC and ABC.

31/03 Exclusive: Italy mulling hiking thresholds for mandatory takeover bids, sources say

Italy is considering raising the ownership thresholds that trigger mandatory takeover bids in public companies, three sources familiar with the matter told Reuters, as part of plans to spur the country's underdeveloped capital market.

31/03 Exclusive: White House weighs executive order to fast-track deep-sea mining, sources say

The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources with direct knowledge of the deliberations.

31/03 Pharma stocks sink after ouster of top FDA vaccine regulator

Shares of U.S. drugmakers fell before the bell on Monday after reports that the Food and Drug Administration's top vaccine official had been forced to resign, the most high-profile exit at the regulator amid an overhaul of federal agencies.

31/03 French antitrust regulator fines Apple 150 million euros over privacy tool

Apple was hit with a 150 million euro ($162.42 million)fine by French antitrust regulators on Monday for abusing its dominant position in mobile app advertising on its devices between 2021 and 2023 thanks to a privacy control tool.

31/03 How Trump family took over World Liberty Financial as it raised hundreds of millions

As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture and grabbed the lion’s share of those funds, aided by governance terms that industry experts say favor insiders.

30/03 Experimental Lilly drug cuts genetic heart disease risk factor by 94% in trial

The highest dose of an experimental drug developed by Eli Lilly significantly reduced levels of a genetically inherited risk factor for heart disease in a midstage trial, according to data presented at a major medical meeting on Sunday.

30/03 Uganda signs deal with UAE investment firm over oil refinery

Uganda on Saturday signed an oil refinery agreement with UAE-based Alpha MBM Investments for a 60% stake in crude oil refinery in Kabaale, Hoima District, President Yoweri Museveni's office said in a statement.

30/03 Japan to give crypto assets legal status as financial products, Nikkei says

Japan's Financial Services Agency (FSA) plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily said on Sunday, without citing sources.

29/03 China state media blasts CK Hutchison's Panama port deal in soon-deleted post

Chinese state media attacked Hong Kong conglomerate CK Hutchison's plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post on Saturday that was taken down minutes later.

28/03 FDIC says banks can engage in crypto activities without prior approval

Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.

28/03 US authorizes first home test for three common sexually transmitted infections

The U.S. Food and Drug Administration on Friday granted authorization to market the first test that can be performed entirely at home for detecting three sexually transmitted infections (STIs).

28/03 Federal judge orders halt to Trump administration efforts to dismantle consumer agency

A U.S. judge on Friday blocked the Trump administration and Elon Musk's Department of Government Efficiency from pursuing efforts to dismantle the Consumer Financial Protection Bureau, marking another legal setback in the White House's efforts to remake the federal government virtually overnight.

28/03 FCC opening probe into diversity practices at Disney and ABC

The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.

28/03 Nikola founder Trevor Milton says he was granted a full pardon by Trump

Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.

28/03 US FDA declines to approve Milestone's heart rhythm nasal spray; shares halve

Milestone Pharmaceuticals said on Friday the U.S. health regulator had declined to approve its nasal spray to treat a type of heart condition and had called for an inspection of the facility that performs the testing of the drug.

28/03 Exclusive: US Securities and Exchange Commission beginning to onboard DOGE staff, email says

The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaireElon Musk's Department of Government Efficiency, according to an email sent on Friday to department staff.

28/03 EU regulator rejects Eli Lilly's Alzheimer's drug

The European Union's drugs regulator on Friday rejected Eli Lilly's Alzheimer's drug, saying the treatment's small impact on slowing cognitive decline was not large enough to outweigh the risk of serious brain swelling in patients.

28/03 Fed's Collins says it is clear tariffs will drive inflation up near term

Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be.

27/03 Walgreen to pay more than $2.85 million to settle US overbilling charges

Walgreen will pay more than $2.85 million to settle whistleblower allegations that the pharmacy overbilled Medicaid programs in Georgia and Massachusetts for generic medications, the U.S. Department of Justice said on Thursday.

27/03 De-dollarisation could speed up with US isolationist policies, analysts say

If the Federal Reserve, a bedrock of global financial stability, were to withhold dollar funding to allies during times of stress, the world could greatly reduce its reliance on the currency, creating "a doubled-edged sword" for the U.S., Deutsche Bank analysts said.

27/03 Two fired FTC commissioners sue Trump administration over violating federal law

Two U.S. Federal Trade Commission members fired by President Donald Trump sued him on Thursday, saying the move violated longstanding federal law.

27/03 Exclusive: US Justice Department considers merging DEA, ATF in major shakeup, memo shows

The U.S. Justice Department is considering merging the lead agencies enforcing drug and gun laws in a major shakeup as it follows President Donald Trump's instructions to sharply streamline the government, according to a memo seen by Reuters.

27/03 ‘Pro-growth’ M&A policing is a misnomer: podcast

The transatlantic trustbusting consensus forged by Lina Khan and Margrethe Vestager is already fraying. In this week’s Viewsroom, Breakingviews columnists discuss if it will lead to mergers involving national champions such as GSK and BP, and in turn remedy some economic ills.

27/03 Exclusive: FDA staff struggle to meet product review deadlines after DOGE layoffs

Some U.S. health regulators who review medical devices and tobacco products for safety and efficacy are struggling to meet deadlines mandated by Congress due to Trump administration layoffs, three scientists working on the projects told Reuters.

27/03 UK water companies released sewage for 3.6 million hours in 2024

British water companies released untreated sewage into the country's waterways for more than 3.6 million hours in 2024, a slight increase on the amount recorded the year before, official data showed on Thursday.

27/03 Exclusive: India set to double investment limit for foreign individuals, sources, memo say

India's central bank is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents reviewed by Reuters.

27/03 Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in fresh legal costs and potential customer compensation.

27/03 US FDA approves first treatment for rare genetic disorder Prader-Willi syndrome

The U.S. Food and Drug Administration on Wednesday approved Soleno Therapeutics' drug to treat a rare genetic disorder, making it the first treatment available for patients who experience feelings of intense and persistent hunger.

26/03 US trade chief, Chinese vice premier express 'candid' concerns on trade tensions

U.S. Trade Representative Jamieson Greer held "candid" talks with Chinese Vice Premier He Lifeng on trade issues during an introductory meeting, Greer's office said as U.S. President Donald Trump prepares to raise tariffs on Chinese imports further.

26/03 US Supreme Court upholds federal 'ghost guns' restrictions

The U.S. Supreme Court upheld on Wednesday a regulation targeting largely untraceable "ghost guns" imposed by Democratic former President Joe Biden's administration in a crackdown on firearms whose use has proliferated in crimes nationwide, finding the measure to be consistent with a 1968 federal law.

24/03 US Postal Service chief DeJoy steps down

Postmaster General Louis DeJoy, who led efforts to restructure the money-losing U.S. Postal Service for nearly five years, has resigned effective immediately, the agency said on Monday.

24/03 US turns to Brazil for eggs and considers other sources during bird flu outbreak

The U.S. has almost doubled imports of Brazilian eggs once used only for pet food and is considering relaxing regulations for eggs laid by chickens raised for meat, as President Donald Trump's administration seeks to bring down sky-high prices spiked by bird flu.

24/03 Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States.

23/03 Australia budget to dole out energy bill relief as general election looms

Australia's government said on Sunday that a federal budget this week would include an A$1.8 billion extension to a scheme to reduce energy bills, ahead of what is expected to be a closely-fought general election due by May.

22/03 Exclusive: Some European officials weigh if they can rely on Fed for dollars under Trump

Some European central banking and supervisory officials are questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times of market stress, six people familiar with the matter said, casting some doubt over what has been a bedrock of financial stability.

21/03 US SEC to see exodus as hundreds take Trump's buyout offers, sources say

Staff departures could significantly hamper the watchdog's efforts to police markets and protect investors.

20/03 White House forces out CEO of passenger railroad Amtrak

The White House this week forced Amtrak CEO Stephen Gardner to step down as head of the U.S. passenger railroad after President Donald Trump sought the changes, two sources told Reuters.

19/03 Senate Democrats urge Trump to reverse Federal Trade Commission firings

More than two dozen Democratic U.S. senators called on President Donald Trump on Wednesday to rescind his termination of the two Democratic members of the U.S. Federal Trade Commission.

19/03 US judge blocks Trump's EPA from clawing back climate grants

A U.S. judge on Tuesday temporarily blocked the U.S. Environmental Protection Agency from recovering grant funds issued as part of a $20 billion climate funding program that President Donald Trump's administration has moved to terminate.

19/03 Trump fires both Democratic commissioners at FTC

President Donald Trump fired two Democratic commissioners at the U.S. Federal Trade Commission on Tuesday, in another major test of the independence of regulatory agencies.

11/03 CBS urges FCC to reject complaint over '60 Minutes' Harris interview

CBS on Monday urged the Federal Communications Commission to reject a complaint over a "60 Minutes" interview with then-Vice President Kamala Harris, saying the agency has no lawful role in policing broadcast news editorial decisions.

10/03 US SEC to move away from requiring crypto firms to register as trading systems, chief says

The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.

10/03 Exclusive: Apple, Meta likely to face modest fines over DMA breaches, sources say

Apple and Meta Platforms are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power, people with direct knowledge of the matter said on Monday.

10/03 White House pushes back against recession talk as household worries grow

A key economic adviser to President Donald Trump on Monday pushed back on talk of recession stemming from uncertainty around his administration's tariff policies, even as a survey of American households showed consumers growing more pessimistic about their prospects, and U.S. stocks extended their slide.

10/03 Data on new Novo Nordisk obesity drug disappoints in trial, shares drop

Novo Nordisk on Monday revealed weaker-than-expected data from a second late-stage trial of its obesity drug candidate CagriSema, knocking shares and stoking worries that rival Eli Lilly may be gaining an edge over the company in the weight-loss drugs market.

10/03 Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

10/03 Forms, inspections, reports: German businesses beg for bureaucracy relief

If Germany is to quickly revive its flagging industrial economy, businesses say the country's new leadership must make drastic reductions to bureaucracy alongside their radical plans to boost public investment.

07/03 EU denies picking on US tech giants, says US also tackling monopolisation

Europe's new tech rule aims to keep digital markets open and is not targeted at U.S. tech giants, EU antitrust and tech chiefs told U.S. congressmen, reminding them that U.S. enforcers have in recent years also cracked down on these companies.

07/03 US Treasury's Bessent says economy may slow in shift away from public spending

U.S. Treasury Secretary Scott Bessent said the U.S. economy may go into a "detox period" as it reached a more sustainable equilibrium.

07/03 China's power grid clean-up puts several US systems to shame

China's steady expansion to coal-fired power capacity has drawn ire from U.S. power system advisers who gripe that there's little point in cleaning up generation at home while China lifts coal-fired emissions ever higher.

07/03 Couche-Tard executives to visit Tokyo to speak on $47 billion Seven & i bid

Canada's Alimentation Couche-Tard said on Friday its top executives will visit Tokyo to speak with media about its $47 billion bid to buy 7-Eleven convenience store operator Seven & i Holdings .

07/03 US FTC sues to block private equity buy of medical company

The U.S. Federal Trade Commission sued on Thursday to block medical device coatings maker Surmodics' acquisition by private equity firm GTCR, saying the deal would contribute to high healthcare costs.

06/03 US judge bars copies of Lilly weight-loss drug

A U.S. federal judge has refused to allow compounding pharmacies to keep making copies of Eli Lilly's popular weight-loss and diabetes drugs Zepbound and Mounjaro in the United States.

06/03 Fed's Harker says warning signs emerging for US economy

Philadelphia Federal Reserve President Patrick Harker said the U.S. economy is currently in good shape but showing signs of stress in the consumer sector and risks to the inflation outlook.

06/03 Elon Musk says Post Office, Amtrak should be privatized

Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the U.S. government, said on Wednesday that the U.S. Postal Service and passenger railroad Amtrak should be privatized.

05/03 Trump's tariffs on Canada could make US power bills even pricier

Swelling U.S. power prices may rise even faster in some parts of the country if 10% energy tariffs imposed by the Trump administration this week hit Canadian electricity supplies and trigger retaliation, according to energy experts and grid operators.

05/03 Trump exempts some automakers from Canada, Mexico tariffs for one month

The tariffs threaten to derail Canada's fledgling economic recovery and could trigger a recession, as the country relies on the US for 75% of its exports and a third of all imports.

04/03 Trump deregulation push boosts appeal of swap spread wideners in bond market

A potential move by the Federal Reserve to ease regulations on capital for U.S. banks that would allow them to hold more Treasury securities has unleashed a torrent of so-called swap spread wideners in the bond market.

04/03 Musk rallies the far right in Europe. Tesla is paying the price.

For the past two months, tech billionaire Elon Musk has promoted Germany’s far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country’s “only hope.”

04/03 China to impose extra tariffs of 10%-15% on various US farm products

China on Tuesday swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, and placing 25 U.S. firms under export and investment restrictions.

04/03 China vows to hit back against US tariffs linked to fentanyl

China's commerce ministry reiterated its stance that the Trump administration was trying to "shift the blame" and "bully" Beijing over fentanyl flows.

04/03 US SEC offers staff $50,000 to resign or retire, memo says

SEC employees have until March 21 to decide, the the all-staff memo says. Donald Trump and Elon Musk are seeking to remake a federal workforce they call bloated and wasteful.

19/02 US judge will not block Elon Musk from firing federal workers, accessing data

A judge declined to immediately block Elon Musk's government efficiency department but said the case raises questions about Musk's apparent unchecked authority as a top deputy to President Donald Trump.

19/02 Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of U.S. automotive exports in foreign markets.

01/02 Why the customer isn’t always right

Porsche doesn’t care what you think about the new 911 GT3.

25/01 Google pushes global agenda to educate workers, lawmakers on AI

Google already faces a regulatory onslaught on many fronts.

25/01 South Korea to release preliminary report of Jeju Air crash by Monday

South Korea will release by Monday a preliminary report on last month's Jeju Air plane crash that killed 179 people, the deadliest air disaster on the nation's soil, the transport ministry said on Saturday.

25/01 Trump fires at least 12 independent inspectors general, US media say

U.S. President Donald Trump's administration fired the independent inspectors general of more than a dozen major government agencies late on Friday, U.S. media reported.

25/01 Exclusive: FTC chairman says COVID is long over, get back to the office

The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the COVID pandemic is long over and workers need to be at their desks.

24/01 EU to target AI, biotech, cheap energy in global competitiveness push

AI, biotech and affordable clean energy will be the focus of an EU drive to make the bloc globally competitive and ensure it keeps pace with rivals the United States and China, according to a draft European Commission paper seen by Reuters.

24/01 Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved regions, which do not include China, for products it sells in the United States, its biggest market, the company said on Friday.

24/01 U.S. lawmakers are light on crypto heading into Trump era

President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies.

24/01 India antitrust body seeks official documents in Pernod Ricard probe

India's antitrust watchdog has sought additional information and documents from Delhi city authorities as it steps up an investigation into allegations of competition law violations by France's Pernod Ricard , a government document shows.

23/01 Trump orders crypto working group to draft new regs, explore crypto stockpile

U.S. President Donald Trump on Thursday signed an executive order creating a cryptocurrency working group tasked with proposing a new regulatory framework for digital assets, and exploring the creation of a cryptocurrency stockpile.

23/01 Oil falls as Trump urges OPEC to lower prices

Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.

23/01 Oil industry unlikely to rush to Alaska despite Trump's call to drill 

U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump's executive order enabling them to do so, company officials and industry representatives told Reuters, noting a future president could easily reverse Trump's move.

23/01 Britain appeals to Big Tech with change of regulatory guard

Britain's choice of a former Amazon executive to chair its antitrust regulator is a clear pitch for investment, including from Big Tech, and signals it is prepared to go easier on deal-making if that would help, company bosses and lawyers said.

23/01 Citing security, Japan to plug loophole in reporting rules for foreign investment

Japan's finance ministry plans to plug a loophole in reporting requirements for foreign investors under the Foreign Exchange and Foreign Trade Act, in an effort to prevent intelligence from leaking to foreign governments.

23/01 China prods insurers to invest billions in latest move to support markets

China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.

23/01 'De minimis': the trade perk Trump may end as China tensions rise

President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade practices and blames it for a crisis over the deadly drug fentanyl.

23/01 New Zealand will relax rules to woo foreign investment, PM says

New Zealand will relax rules to lure foreign investment, Prime Minister Christopher Luxon said on Thursday, as his centre-right government tries to spur economic growth and boost jobs.

23/01 Trump transportation nominee will keep Boeing 737 MAX production cap in place

President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.

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.

22/01 Trump's DEI cuts force Davos elite to find new words for diversity

President Donald Trump's escalating pressure on the private sector to ditch diversity programs has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.

22/01 New York obtains $1.065 billion judgment against accused predatory lender

New York Attorney General Letitia James said on Wednesday her office obtained a $1.065 billion judgment against Yellowstone Capital, a cash advance provider accused of predatory lending, as part of a settlement that gives small businesses more than a half-billion dollars of debt relief.

22/01 Breakingviews - Wall Street’s regulation wish list plays with fire

Wariness is passé on Wall Street. Cautious uncertainty over lingering inflation and geopolitical turbulence have been replaced by giddiness over the deregulatory bonanza financial firms expect President Donald Trump’s administration to deliver. Banks and investment firms are hoping for official blessing for cryptocurrencies and diluted bank capital rules. That could seed a future crisis which curr

22/01 Rachel Reeves says UK antitrust chair stepped down over strategic difference

Reeves said the chair recognised the agency needed to be headed up by someone who shared the government's "strategic direction".

21/01 US SEC unveils new task force to start work on crypto regulations

The U.S. Securities and Exchange Commission's new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump's new administration to overhaul crypto policy.

21/01 Facebook, X, YouTube to do more against online hate speech, EU says

Meta's Facebook, Elon Musk's X, Google's YouTube and other tech companies have agreed to do more to tackle online hate speech under an updated code of conduct that will now be integrated into EU tech rules, the European Commission said on Monday.

21/01 Von der Leyen signals EU willingness to work with US in Davos speech

The European Union wants to engage and negotiate with U.S. President Donald Trump, European Commission President Ursula von der Leyen said on Tuesday, warning of the risk of a "global race to the bottom" using tools such as tariffs.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 UK's Reeves to tell Davos: 'time to invest in Britain is now'

British Finance Minister Rachel Reeves will urge company bosses at the World Economic Forum meeting in Davos, Switzerland, to invest in the UK, emphasising its political and economic stability and pro-business government, her office said on Tuesday.

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.

21/01 Biden FTC chair Khan to resign from commission in coming weeks

Lina Khan, who headed the U.S. Federal Trade Commission under former President Joe Biden until Monday, will resign from the commission in the coming weeks, she told staff in a memo.

20/01 Exclusive: Nubank CEO considers moving domicile to Britain, expanding in US

Nu Holdings Ltd , the fintech that created Latin America's most valuable lender in Nubank, is considering moving its legal domicile to Britain ahead of a global expansion that may include the United States, its founder and CEO David Velez told Reuters.

20/01 EU to test how banks would cope with geopolitical shocks, trade wars

The European Banking Authority said on Monday it would assess how European banks would react to a hypothetical spiralling of geopolitical tensions and ensuing trade wars in an upcoming health check of the industry.

20/01 Trump to sign orders ending diversity programs, proclaim there are only two sexes

President-elect Donald Trump will issue executive orders upon taking office slashing diversity, equity and inclusion programs and proclaiming that the U.S. federal government will only recognize two sexes, male and female, an incoming White House official said on Monday.

20/01 US upgrades probe into 129,000 Ford vehicles over hands-free tech

The U.S. National Highway Traffic Safety Administration said on Monday it is upgrading a probe into 129,222 Ford Motor vehicles over reports of collisions involving the company's hands-free driving technology, BlueCruise.

20/01 With cocktails and Snoop Dogg, crypto industry celebrates Trump inauguration

Cryptocurrency executives swilled cocktails and danced to rap superstar Snoop Dogg on Friday night as they celebrated the approaching inauguration of President-elect Donald Trump, whose administration has promised major changes in crypto policy.

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.

18/01 US Justice Dept questions landmark NCAA athlete pay settlement

The U.S. Justice Department on Friday questioned the fairness of a private $2.8 billion settlement with the National Collegiate Athletic Association, suggesting it might not go far enough to compensate student athletes.

18/01 US FTC finalizes consent order for $53 bln Chevron-Hess merger

The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron's $53 billion takeover of Hess .

17/01 Federal Reserve withdraws from global regulatory climate change group

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

17/01 Top cases now before the US Supreme Court

The U.S. Supreme Court's current term includes cases involving TikTok, guns, gender-affirming medical care for transgender minors, online pornography, religious rights, preventive healthcare, Planned Parenthood funding, job discrimination, federal regulatory powers on nuclear waste storage and vape products, voting rights and more.

17/01 US FDA approves AstraZeneca's drug for breast cancer

The U.S. Food and Drug Administration has approved AstraZeneca and partner Daiichi Sankyo's precision drug to treat a type of breast cancer, the health regulator said on Friday.

17/01 Websites selling compounded weight-loss drugs fail to inform patients of risks, research shows

Websites selling compounded versions of popular weight-loss drugs from Novo Nordisk and Eli Lilly to U.S. consumers often do not inform patients of the risks associated with these medicines, according to a research letter published on Friday.

17/01 US mid-sized banks ride industry upswing on robust fee income

A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated a hit from weaker loan demand.

17/01 Myanmar says rebel attacks, gas shortages worsen power crisis

Myanmar's electricity generation has dropped to about half the normal figure, as rebels have damaged critical transmission networks, causing lengthy blackouts in wide swathes of the South Asian nation, state media said on Friday.

17/01 How TikTok's possible ban is unsettling advertisers

More than $11 billion in annual US ad investment would be up for grabs.

17/01 FDIC sues 17 former Silicon Valley Bank executives, directors over collapse

The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the bank's March 2023 collapse, one of the largest U.S. banking failures.

16/01 US bans use of Red No.3 dye in food, drugs over potential cancer links

The U.S. on Wednesday banned the use of a synthetic food dye that gives some candies, cakes and certain oral medications a cherry-red color, following evidence that the dye causes cancer in laboratory rats.

16/01 US FTC, Colorado sue property firm Greystar, alleging renters deceived by hidden fees

The U.S. Federal Trade Commission and the State of Colorado have filed a complaint against Greystar, a multi-family rental property manager, alleging that it deceived consumers about rental costs with hidden fees, the FTC said on Thursday. "The FTC is suing Greystar for deceptively advertising low monthly rents only to later saddle tenants with hundreds of dollars of hidden junk fees,” FTC Chair L

16/01 Argentina to reform anti-dumping system to boost competition

Argentina will roll out changes to the country's anti-dumping system in an effort to promote greater competition and bring down prices, Economy Minister Luis Caputo said on social media on Wednesday.

16/01 Apple loses smartphone sales crown in China, drops to third in 2024

Apple was dethroned as China's biggest smartphone seller in 2024, with local rivals Vivo and Huawei overtaking the iPhone maker after its annual shipments in the country declined 17%, data from research firm Canalys showed on Thursday.

16/01 Breakingviews - Cracks in India’s consumption story run deep

If India wants to prop up its stalling economic growth, it will have to sacrifice some of the financial stability underpinning the country’s moment on the global stage.

15/01 US sues Southwest Airlines over chronically delayed flights

President Joe Biden's administration on Wednesday sued Southwest Airlines , accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers’ travel.

15/01 California utility faces billions in claims for fire damage even if it did nothing wrong

Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them to collect from their power utility if its equipment caused the blaze -- even if the company did nothing wrong.

15/01 Sweden starts building 100,000 year storage site for spent nuclear fuel

Sweden started building a final storage facility for spent nuclear fuel on Wednesday, only the second such site in the world, where highly radioactive waste will be stored for 100,000 years.

15/01 Breakingviews - US engineers decisive split in global auto market

One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That

14/01 US warns of health risks from sewage use for fertilizer

The use of treated sewage sludge as fertilizer on farms can pose a health risk to residents and consumers because of the presence of "forever chemicals" that break down slowly, the U.S. Environmental Protection Agency said on Tuesday.

14/01 US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain

The nation's three largest pharmacy benefit managers have significantly marked up the prices of certain medicines, including for heart disease, cancer and HIV, at their affiliated pharmacies, the U.S. Federal Trade Commission said on Tuesday.

14/01 Crest, Colgate lawsuits target fluoride in kids' toothpaste, mouth rinse

Procter & Gamble and Colgate-Palmolive are among the defendants in six new lawsuits targeting the sale of toothpaste and mouth rinse for young children because the products contain fluoride, which can be harmful if swallowed.

14/01 Biden signs executive order to ensure power for AI data centers

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

14/01 UK's antitrust regulator to investigate Google's search services

Britain's antitrust regulator said on Tuesday it would investigate Google's search services using its new powers to see how they impact consumers and businesses, including advertisers, news publishers and rival search engines.

14/01 Exclusive: China to cut pay by half for staff at top financial regulators, sources say

China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in line with other civil servants, sources said.

14/01 Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says

Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel , with an offer in the high $30s per share, a person familiar with the matter said on Monday.

13/01 Trump's likely first moves on US energy policy

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.

13/01 Apple fights $1.8 billion App Store lawsuit in first of UK class actions against tech giants

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

13/01 How the new AI chip rule from the US will work

The rule regulates the flow of American AI chips and technology needed for the most sophisticated AI applications.

13/01 US tightens its grip on AI chip flows across the globe

The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its allies while finding more ways to block China's access.

13/01 China steps up policy measures to defend fragile yuan

China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing and sending verbal warnings as the Chinese currency hovered around 16-month lows against a strong dollar.

11/01 Moldova's pro-Russian separatists extend state of emergency amid gas cutoff

Moldova's Moscow-backed separatist region of Transdniestria extended its state of emergency on Friday for another month as it grapples with an energy crisis after losing access to Russian gas supplies that had propped up its economy for decades.

11/01 Former Swiss finance minister warns about size of enlarged UBS, newspaper says

UBS could be seen as being too big for Switzerland following its takeover of Credit Suisse, former Swiss Finance Minister Ueli Maurer said on Saturday, with measures needed to reduce the risks of the enlarged bank.

11/01 Facing market pain, UK's Reeves says 'pragmatic' China ties will help growth

British finance minister Rachel Reeves, facing criticism for travelling to China during financial market turmoil at home, said on Saturday that "pragmatic and predictable" relations with Beijing would help boost economic growth and trade.

11/01 Fire agencies to investigate potential Edison link to LA Hurst fire

Fire agencies are investigating whether Southern California Edison's utility infrastructure sparked a brush fire that is still burning in a Los Angeles suburb, SCE said Friday, adding no determination has been made.

10/01 Former WWE CEO Vince McMahon settles with SEC over undisclosed settlements with women

Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

10/01 Europe's aviation regulator issues new warning for Russian airspace

The European Union Aviation Safety Agency issued a new alert on Thursday warning non-European carriers not to fly within western Russia airspace due to the risk of being unintentionally targeted by its air defence systems.

10/01 Cryptoverse: Next wave of US crypto ETFs already in the pipeline

What a difference a year makes.

10/01 US to finalize Chinese vehicle crackdown rules next week, Raimondo says

President Joe Biden's outgoing administration plans to finalize rules next week cracking down on Chinese vehicle software and hardware, U.S. Commerce Secretary Gina Raimondo told Reuters.

10/01 Edison International, other utilities to trade at discount on fire risk, analysts say

Edison International and other utilities are expected to trade at a wider discount to the benchmark S&P 500 utilities index than before as wildfires burning across California underscore the risks of natural disasters on their businesses, Jefferies analysts said in a note on Thursday.

09/01 Biden protections for transgender students struck down by US judge

A federal judge in Kentucky on Thursday struck down a Biden administration rule barring discrimination by schools and colleges against transgender students, saying it clashes with the federal law banning sex bias in education.

09/01 Meta knew it used pirated books to train AI, authors say

Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark Zuckerberg, a group of authors alleged in newly disclosed court papers.

09/01 TotalEnergies to pay $5 million to settle US FERC natgas manipulation case

A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and some of its traders allegedly manipulated the natural gas market in 2009-2012.

09/01 Musk acknowledges $2 trillion spending cut goal a long shot

Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from the $6.8 trillion federal budget would be a long shot.

08/01 J&J pauses rollout of heart device in the US to investigate stroke risk

Johnson & Johnson said on Wednesday it has temporarily paused the rollout of its Varipulse heart device in the United States, citing an abundance of caution as the company investigates four reported stroke events.

08/01 Industry groups sue over Biden ban on medical debt from credit reports

Two groups representing the credit reporting and credit union industries have filed a lawsuit challenging a new rule adopted by U.S. President Joe Biden's outgoing administration banning the inclusion of medical debt in American consumers' credit reports.

08/01 Poland and Baltics look to secure energy assets after undersea cable cuts

The Baltic states are working with Poland to secure the energy infrastructure they need as they decouple their power grids from Russia, Lithuania's energy minister told Reuters, following damage to undersea cables in the region.

07/01 Trump's SEC pick likely to give Wall Street easier enforcement ride

Paul Atkins voted several times against punishing big companies and was extremely critical of the agency's enforcement process when he was a top official there in a possible glimpse of what is to come under his leadership.

07/01 US self-driving car companies seek boost under Trump

A group representing self-driving car companies on Tuesday called on the U.S. government to do more to speed the deployment of autonomous vehicles and remove barriers to adoption.

07/01 Europe's power price divide hits southeastern economies

For Athens restaurant owner Christos Kapetanakis, rent has always been high, but now he faces what he calls "a second rent" as soaring electricity bills slash profits and force him to raise prices.

07/01 Manhattan drivers face $9 fee in first such US effort to fight gridlock

New York City drivers on Monday had to pay $9 to enter Manhattan under the first such congestion fee in the U.S., which seeks to raise billions for mass transit and reduce traffic jams.

06/01 FDA seeks to boost accuracy of blood-oxygen monitors across skin tones

The U.S. health regulator on Monday proposed new guidelines for widely-used blood oxygen monitoring devices to improve their performance across skin tones amid growing evidence that the current ones are not reliable for patients with darker skin.

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.

06/01 Fed's Barr to resign early from regulatory post

The Federal Reserve's top regulatory official announced Monday he plans to step down from that post effective February 28.

06/01 Disney to combine Hulu + Live TV business into Fubo

Walt Disney Co and sports-focused streaming provider FuboTV have agreed to combine their online live TV businesses, the companies said on Monday.