By Julie Zhu, Kane Wu and Kevin Huang HONG KONG/BEIJING (Reuters) – Alibaba founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting t[...]
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March 27, 2023
Robinhood backs down over Signature Bank bets – FT
(Reuters) – (This March 16 story has been corrected to say “to exercise their options position for Friday’s expiry date,” and not “to keep the position open beyond Friday[...]
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Juul, Altria face first trial over claims of marketing e-cigarettes to teens
By Brendan Pierson (Reuters) – E-cigarette company Juul Labs Inc and its former largest investor, Marlboro maker Altria Group Inc, will face their first U.S. trial this week over claims that the[...]
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Musk’s brain implant company in search of human trials partner
By Marisa Taylor and Rachael Levy (Reuters) – Elon Musk’s brain implant company Neuralink has approached one of the biggest U.S. neurosurgery centers as a potential clinical trials partner[...]
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China’s Baidu reveals more capabilities of AI-powered chatbot Ernie
By Eduardo Baptista BEIJING (Reuters) -Chinese search engine Baidu on Monday shared pre-recorded videos of its AI-powered chatbot Ernie summarising financial statements and producing powerpoint presen[...]
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Marketmind: Brittle banks find a berth
A look at the day ahead in U.S. and global markets from Mike Dolan The final week of a turbulent month and volatile quarter for world markets has kicked off with relative stability in the battered ban[...]
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Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity
ZURICH (Reuters) – Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse and UBS may have taken big chunks of emergency[...]
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How First Republic’s courtship of the wealthy led to meltdown
By Lawrence Delevingne (Reuters) – First Republic Bank became the epicenter of the U.S. regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started withdraw[...]
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US House speaker says lawmakers to move forward with TikTok bill
By Kanishka Singh and Leah Douglas WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national sec[...]
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