(Reuters) -Air Canada is closing in on the purchase of up to 20 787 Dreamliners from Boeing Co to renew and expand its long-haul fleet, Bloomberg News reported on Wednesday, citing people familiar wit[...]
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May 17, 2023
Bankman-Fried faces long odds of tossing charges despite Supreme Court decision
By Luc Cohen NEW YORK (Reuters) – FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the scope of fraud prosecutions will bolster his defense as he fights charges s[...]
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Fraud in Massachusetts is boosting US weekly jobless claims, economists say
WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data, economists warned on Wednesday, making i[...]
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US SEC proposes plan to bolster clearing houses’ resiliency
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan to bolster the resiliency of clearing houses during times of significant mar[...]
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Brazil’s antitrust watchdog approves L’Oreal deal to buy Aesop
SAO PAULO (Reuters) – Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s Aesop brand to French cosmetics company L’Oreal,[...]
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Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) – Qatar’s sovereign wealth fund, Credit Suisse’s second-largest investor, has explored seeking redress for losse[...]
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Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) – Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook’s EU users to U.S. servers for fa[...]
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Swiss parliament to investigate Credit Suisse collapse
ZURICH (Reuters) – Credit Suisse’s collapse and its takeover by UBS will be investigated by a parliamentary commission (PUK), the office of Switzerland’s upper house of parliament sa[...]
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US single-family building permits at 7-month high; housing slump persists
By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. single-family homebuilding jumped to a seven-month high in April, giving the struggling housing market a boost, but tightening cr[...]
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