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Exclusive-Prosiebensat.1, Sky revive talks on German TV tie-up
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Explainer-Parsing the Fed’s path to pause rate hikes
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Banks win dismissal of U.S. silver price-fixing litigation
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Regulators dust off rule books to tackle generative AI like ChatGPT
Don’t delay reforms to prepare for next pandemic -WHO chief
Date: May 22, 2023
Don’t delay reforms to prepare for next pandemic -WHO chief By Emma Farge GENEVA (Reuters) – The head of the World Health Organization urged countries on Monday to carry out reforms needed to prepare for the next pandemic, hailing their “historic” decision to accept a major budget hike at the U.N. agency’s annual assembly. Speaking...
Exclusive-Olympics-Paris 2024 hoping for Olympic flame on Eiffel Tower -source
Date: May 22, 2023
Exclusive-Olympics-Paris 2024 hoping for Olympic flame on Eiffel Tower -source By Julien Pretot PARIS (Reuters) – Paris 2024 organisers have been planning to install the Olympic flame on the Eiffel Tower, a source with direct knowledge of the matter told Reuters on Monday. The source added that the flame would not be put at the...
New rules to dampen Chinese interest to list in Europe, say bankers
Date: May 22, 2023
New rules to dampen Chinese interest to list in Europe, say bankers By Li Gu and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Chinese companies’ plans to raise capital via listings in London or Zurich are in jeopardy after Beijing mandated new disclosure rules, put curbs on the use of the funds and made issuances liable to...
Meta fined $1.3 billion over data transfers to US – WSJ
Date: May 22, 2023
Meta fined $1.3 billion over data transfers to US – WSJ (Reuters) – Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending user information to the United States, the Wall Street Journal reported on Monday. (Reporting by Shivani Tanna in Bengaluru; Editing by Saumyadeb Chakrabarty)...
Britain chips away at NatWest stake with $1.6 billion share sale
Date: May 22, 2023
Britain chips away at NatWest stake with $1.6 billion share sale By Iain Withers and Amy-Jo Crowley LONDON (Reuters) -British state-backed bank NatWest has agreed to buy 1.3 billion pounds ($1.6 billion) worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in...
Explainer-How Wall Street is preparing for possible US debt default
Date: May 22, 2023
NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the...