Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
(Reuters) -The Commodity Futures Trading Commission (CFTC) has reached out to a number of banks, including JPMorgan Chase, Bank of…
Business
Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
By Foo Yun Chee and Elvira Pollina BRUSSELS/ROME (Reuters) – European Union antitrust regulators are asking rivals and customers whether…
Meta opens Quest operating system to third-party device makers
By Yuvraj Malik and Katie Paul (Reuters) -Meta Platforms is sharing its Quest headset’s operating system with rival device makers,…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Japan’s yen falls to 1990 lows, dollar/yen nears 155
(Reuters) – The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert…
Take Five: Dancing to the dollar’s beat
(Reuters) -Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the…
Tesla cuts prices in China, Germany and around globe after US cuts
By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major…
US firms facilitated investments into blacklisted Chinese companies, says House probe
By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in index funds that…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
US creditors push back against some creative funding trades, Moody’s says
By Shankar Ramakrishnan (Reuters) – Lenders are starting to ask for extra protection in junk-rated corporate loans to damp down…