ZURICH (Reuters) – UBS Group’s takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, became official on Monday. The closing of the tie-up mark[...]
Read moreJune 12, 2023
Nasdaq to buy fintech firm Adenza for $10.5 billion, rattling some investors
By Manya Saini, Anirban Sen and John McCrank (Reuters) -Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza for $10.5 billion, with the exchange operator’s biggest-ever deal br[...]
Read moreDenmark looks to curb collection of data on children by Big Tech
COPENHAGEN (Reuters) – Denmark aims to raise the age limit for the collection of personal data from children by tech giants such as Google, Snapchat and Meta, in a bid to curb the massive accumu[...]
Read moreUS dollar inches higher ahead of inflation data, Fed rate decision
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar inched higher on Monday, trading in a narrow range as investors remained cautious ahead of several key policy decisions due this week,[...]
Read moreNew York City to delay enforcing law against Airbnb hosts
By Doyinsola Oladipo NEW YORK (Reuters) -The City of New York will delay enforcing a municipal law that Airbnb Inc said could limit the number of people who can host rentals in the city, a Friday cour[...]
Read moreBlink, ChargePoint to launch EV chargers with Tesla’s charging connector
(Reuters) -Electric vehicle charging equipment makers Blink Charging, ChargePoint and Tritium said on Monday they will offer chargers with Tesla’s connector, as the standard Combined Charging Sy[...]
Read moreBinance plans to swap 750 million of token pairs to ensure liquidity
(Reuters) – Binance said in a tweet on Monday it would swap 750 million tether-tron token pairs for tether-ether in an attempt to maintain the stablecoin’s liquidity. The move comes amid r[...]
Read moreUS judge delays American Airlines, JetBlue injunction date
By David Shepardson WASHINGTON (Reuters) -U.S. District Judge Leo Sorokin on Monday delayed the effective date of a permanent injunction after ruling American Airlines and JetBlue Airways must end the[...]
Read moreJPMorgan settles with Jeffrey Epstein victims for $290 million
By Nupur Anand, Lananh Nguyen, Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase agreed to pay about $290 million to settle a class action lawsuit by Jeffrey Epstein’s victims, r[...]
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