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HSBC to pay $75 million in penalties to settle U.S. CFTC charges
HSBC to pay $75 million in penalties to settle U.S. CFTC charges
By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S.
2023-05-12 22:59
Ransomware attack on China's ICBC disrupts Treasury market trades
Ransomware attack on China's ICBC disrupts Treasury market trades
By Pete Schroeder (Reuters) -A ransomware attack on Industrial and Commercial Bank of China (ICBC) disrupted some trades in the
2023-11-10 04:45
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON Global mergers and acquisitions (M&A) activity fell 36% year-on-year in
2023-06-30 11:22
Marketmind: U.S. shutdown relief vs mixed China PMIs
Marketmind: U.S. shutdown relief vs mixed China PMIs
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-10-02 05:45
ECB hawks make case for erring on the side of raising rates too high
ECB hawks make case for erring on the side of raising rates too high
FRANKFURT (Reuters) -Euro zone inflation could overshoot even the recently raised forecasts so the European Central Bank should err on
2023-06-19 20:54
Twitter to be evicted from Colorado office over unpaid rent
Twitter to be evicted from Colorado office over unpaid rent
Elon Musk’s Twitter is set to be evicted from their office in Colorado after the social media platform failed to pay its rent, according to reports. A judge signed an order on 31 May giving law enforcement 49 days to kick Twitter out of the office at 3401 Bluff Street in Boulder, Colorado, reported The Denver Post. The company once had 300 employees at the 65,000sq-ft office, but it is unknown if anyone even still works there after sweeping job cuts made by the billionaire after he bought the company last October. Last year, Twitter fired 87 employees at the Boulder, with another 38 voluntarily resigning, according to a November notice to the Colorado Department of Labor and Employment. Twitter’s landlords filed a complaint for unpaid rent against the company on 12 May, with court papers stating that the platform leased four units in the building in February 2020. The landlord stated that a default notice to Twitter was ignored and they instead used a letter of credit deposited by Twitter as security for the offices to pay $968,000 in rent, the newspaper reported. The landlord then asked Twitter to replenish the security deposit but says that the company ignored the request. The platform was also sued last month by Boulder’s Avalanche Commercial Cleaning for around $93,500 for unpaid bills. A request for comment from The Independent received an auto-reply with a poop emoji from Twitter. Read More Elon Musk to launch biggest ever rocket after dramatic failure Elon Musk eyes ‘highly habitable’ planet that’s ‘practically next door’ Jack Dorsey says Indian government threatened to ‘shut Twitter down’ and raid staff homes Elon Musk is hilariously shut down by his ‘favourite’ podcast Elon Musk appears to side with Republican shamed for criticising Megan Fox’s parenting
2023-06-15 03:53
Brazil to maintain target of zero fiscal deficit in 2024
Brazil to maintain target of zero fiscal deficit in 2024
BRASILIA Brazil's Institutional Relations Minister Alexandre Padilha said on Thursday there will be no initiative from the government
2023-11-17 01:18
Cboe CEO Tilly resigns over personal relationships with colleagues
Cboe CEO Tilly resigns over personal relationships with colleagues
Cboe Global Markets CEO Edward Tilly has resigned after failing to disclose personal relationships with colleagues, the exchange
2023-09-19 21:49
Kishida’s Cabinet Approves $87 Billion Extra Budget
Kishida’s Cabinet Approves $87 Billion Extra Budget
Japan’s cabinet approved a ¥13.2 trillion ($87.2 billion) extra budget to support Prime Minister Fumio Kishida’s latest economic
2023-11-10 17:52
Saudi money could be headed to tennis next. Is it about sportswashing, women's rights or both?
Saudi money could be headed to tennis next. Is it about sportswashing, women's rights or both?
Tennis appears set to follow the path of golf and other sports by doing business with Saudi Arabia and its $650 billion sovereign wealth fund
2023-07-08 01:48
US producer prices increase in September on higher energy costs
US producer prices increase in September on higher energy costs
WASHINGTON U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying
2023-10-11 20:54
Walmart set to raise its full-year forecast as shoppers stick to essentials
Walmart set to raise its full-year forecast as shoppers stick to essentials
(This Aug. 15 story has been corrected to clarify that CFRA is a research company and not a brokerage firm,
2023-08-17 02:46