By Herbert Lash NEW YORK (Reuters) – One of the largest investors of the Credit Suisse bonds that were wiped out in the UBS takeover of the troubled Swiss bank still believes in the value of the[...]
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March 22, 2023
Hedge funds eye opportunities in cut-price Credit Suisse AT1s
By Nell Mackenzie, Xie Yu and Scott Murdoch LONDON (Reuters) – Distressed debt investors and large hedge funds are buying up Credit Suisse additional tier-1 bonds at rock-bottom prices after the[...]
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Nvidia tweaks flagship H100 chip for export to China as H800
By Stephen Nellis and Jane Lanhee Lee SAN FRANCISCO (Reuters) -Nvidia Corp, the U.S. semiconductor designer that dominates the market for artificial intelligence (AI) chips, said it has modified its f[...]
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Australia regulator seeks risk reports from banks on startups, crypto -report
SYDNEY (Reuters) – Australia’s prudential regulator has started asking the country’s banks to declare their exposure to startups and crypto-focused ventures following the collapse of[...]
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Former Citgo executive files $100 million lawsuit over Venezuela jailing
HOUSTON (Reuters) – A former Citgo Petroleum Corp executive jailed in Venezuela for nearly five years is seeking $100 million in damages against his former employer alleging it helped set him up[...]
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Asia banks may face difficulty bolstering capital via AT1s – Citi
HONG KONG (Reuters) – Asian lenders may find it difficult to replenish their capital by issuing Additional Tier-1 (AT1) bonds, Citigroup said in a research note on Wednesday, after the Swiss aut[...]
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US trade commission sides with iRobot, bans SharkNinja robot vacuum imports
By Blake Brittain (Reuters) -The U.S. International Trade Commission said on Tuesday it would ban imports of SharkNinja Operating LLC robot vacuums that infringe a patent owned by Roomba maker iRobot[...]
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Oil rises 2% in retreat from 15-mth low as banking fears subside
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose more than 2% on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of[...]
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