By Laura Matthews NEW YORK (Reuters) – BNY Mellon is expanding its offering of short-term investment products as investors chase higher yields, the bank announced on Monday. The bank is now offe[...]
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May 22, 2023
Meta hit with record $1.3 billion fine over data transfers
By Padraic Halpin DUBLIN (Reuters) -Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead European Union privacy regulator over its handling of user information and given five mo[...]
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Biden and McCarthy to meet on Monday as debt ceiling talks resume
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after the t[...]
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Cybersecurity firms’ earnings set to benefit from growing threat of hacks
By Samrhitha A and Vansh Agarwal (Reuters) – Top U.S. cybersecurity companies are expected to report another quarter of strong growth as high-profile hacks and a shift in client preference for b[...]
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Marketmind: Tech politics, debt cap brinkmanship
A look at the day ahead in U.S. and global markets from Mike Dolan. Well-choreographed brinkmanship over the debt ceiling standoff looks set to go down to the wire, while technology firms have once ag[...]
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China fails Micron’s products in security review, bars some purchases
BEIJING (Reuters) -China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc had failed its network security review and it would bar operators[...]
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Meta hit by record 1.2 billion euro fine by EU over U.S. data transfers
DUBLIN (Reuters) – Meta was hit on Monday with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given fi[...]
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Take Five: More drama on the horizon
LONDON (Reuters) -There’s no shortage of events, data and high drama for markets in the days ahead. Wrangling over the debt ceiling in Washington continues, Greek voters head to the polls and da[...]
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Exclusive-Malaysian tycoon weighs selling a stake in $2.7 billion port business -sources
By Yantoultra Ngui SINGAPORE (Reuters) – Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings – a deal that could value the country’s[...]
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