LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than expected, broker Howden said in[...]
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July 5, 2023
U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the EU’s new criteria of “gatekeeper” that means[...]
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UPS, Teamsters accuse each other of walking away from contract talks
By Abhijith Ganapavaram (Reuters) -The Teamsters Union said on Wednesday United Parcel Service “walked away” from negotiations over a new contract, a claim the shipping giant denied, lobbi[...]
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Britain to set up real-time bond and stock trading record
By Huw Jones LONDON (Reuters) -Britain’s financial watchdog proposed a real-time record of stock and bond prices on Wednesday to help investors spot the best deals and improve the capital market[...]
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Binance market share takes regulatory hit, its US affiliate shrinks
By Medha Singh (Reuters) – The market share of Binance, the world’s largest cryptocurrency exchange, and its U.S. affiliate have shrank this year, as they battle an onslaught of regulatory[...]
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Dollar gains after Fed minutes reinforce rate hike expectations
(Refiles to adds FOREX to headline and changes update number to 4 not 1) By Herbert Lash NEW YORK (Reuters) -The U.S. dollar edged higher against other major currencies on Wednesday after minutes from[...]
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US says it opposes export controls by China on metals, will consult allies
By Kanishka Singh WASHINGTON (Reuters) – The United States “firmly” opposes export controls announced by China on gallium and germanium, metals needed to produce semiconductors and o[...]
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Mexican airline Viva Aerobus to buy 90 Airbus A321neo planes
By Kylie Madry MEXICO CITY (Reuters) -Mexican airline Viva Aerobus has signed a memorandum of understanding to purchase 90 Airbus A321neo aircraft, the carrier said on Wednesday, in a deal likely wort[...]
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Explainer-Why U.S. labor unions are gaining leverage in contract talks with big employers
By Aishwarya Nair (Reuters) – U.S. union workers are finding more solid footing during contract negotiations with employers as a tight labor market allows employees to flex more bargaining power[...]
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