By Jeff Mason WASHINGTON (Reuters) – Actor and comedian Adam Sandler became the 24th recipient of the Kennedy Center’s Mark Twain Prize for American Humor on Sunday, at an evening …
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Business News
Philippines sees no significant impact from global banking crisis
by Reutersby ReutersBy Neil Jerome Morales MANILA (Reuters) – Philippine financial authorities expressed optimism on Monday that a deepening crisis in the global banking sector does not pose a significant risk for …
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US and World News
Witness may challenge Michael Cohen claims in Trump case – source
by Reutersby ReutersBy Karen Freifeld NEW YORK (Reuters) -A lawyer called to testify behind closed-doors in New York on Monday may challenge the claims of a key witness before a grand jury …
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Business News
Silicon Valley Bank’s parent company cut off from bank’s records
by Reutersby ReutersBy Dietrich Knauth (Reuters) – SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by …
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US and World News
Putin to offer ‘clarifications’ on Russia’s position on Ukraine during Xi visit
by Reutersby Reuters(Reuters) – President Vladimir Putin will provide Chinese President Xi Jinping with detailed “clarifications” on Russia’s point of view on the Ukraine conflict during Xi’s state visit to Russia that …
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By Joseph Ax NEW YORK (Reuters) – Donald Trump could be charged in New York as soon as this week for allegedly covering up hush money payments to a [censored] …
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By Tom Wilson and Georgina Lee LONDON/HONG KONG (Reuters) -Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital …
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Business News
Factbox-Credit Suisse’s troubles – spies, money laundering and takeover
by Reutersby Reuters(Updates with sale to UBS) (Reuters) – Switzerland’s UBS has agreed to buy rival Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock in a shotgun merger engineered …
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Business News
Goldman Sachs lowers euro zone growth forecast; sees no growth for UK
by Reutersby Reuters(Reuters) – Goldman Sachs lowered its 2023 economic growth forecast for the euro zone on Monday, citing ongoing stress in the global banking system and an increase in economic uncertainty. …
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US and World News
In US Supreme Court Jack Daniel’s case, a free speech fight over a dog toy
by Reutersby ReutersBy Blake Brittain WASHINGTON (Reuters) – A trademark dispute over a poop-themed dog toy shaped like a Jack Daniel’s whiskey bottle coming before the U.S. Supreme Court could redefine how …
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Featured NewsUS and World News
Trump says he expects to be arrested on Tuesday, calls for protests
by Reutersby ReutersBy Luc Cohen and Karen Freifeld NEW YORK (Reuters) -Former U.S. President Donald Trump on Saturday said he expects to be arrested on Tuesday as New York prosecutors consider charges …
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US and World News
Looming Trump charges follow criticism of N.Y. prosecutor for not acting sooner
by Reutersby ReutersBy Luc Cohen NEW YORK (Reuters) – A New York City prosecutor who was publicly criticized for declining to charge Donald Trump last year now appears very close to bringing …
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ZURICH (Reuters) – Following is a timeline outlining the 167-year history of Credit Suisse Group, the Zurich-based bank that is being bought at a knockdown price by Swiss rival UBS …
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By Anthony Deutsch and Stephanie van den Berg AMSTERDAM (Reuters) – Vladimir Putin may not see the inside of a cell in The Hague any time soon, but his war …
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Business News
Sight deposits rise, indicating Credit Suisse took central bank liquidity
by Reutersby ReutersZURICH (Reuters) – Credit Suisse took a hefty chunk of liquidity from the Swiss National Bank last week, sight deposit data published by the central bank indicated on Monday. Total …
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By Gram Slattery and Nate Raymond WASHINGTON (Reuters) – The U.S. Justice Department has asked the Supreme Court to allow a federal law stand that makes it a crime for …
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Business News
Goldman Sachs prepares claims trading for wiped-out Credit Suisse debt – Bloomberg News
by Reutersby Reuters(Reuters) -Goldman Sachs Group Inc traders were preparing to take bids on claims against Credit Suisse Group’s riskiest bonds, Bloomberg News reported on Sunday, citing people familiar with the matter. …
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By John Revill Amanda Cooper LONDON/ZURICH (Reuters) -Shares in UBS plunged on Monday, heading for their biggest one-day fall since 2008 after its weekend rescue of ailing rival Credit Suisse …
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By Dan Whitcomb and Steve Gorman (Reuters) -Wyoming Governor Mark Gordon on Friday signed into law a bill outlawing the use or prescription of medication abortion pills that was passed …
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US and World News
US states cannot block hazardous waste from Ohio derailment -EPA
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) -U.S. states cannot block shipments of hazardous waste from a Feb. 3 Ohio train derailment to licensed disposal sites, the head of the Environmental Protection …
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TAIPEI (Reuters) – Taiwan’s export orders in February shrank for a sixth straight month, though at a slower pace, dragged down by China and as global demand continued to be …
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By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried are nearing an agreement with U.S. prosecutors on revised bail conditions for the indicted FTX cryptocurrency exchange founder, who …
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Business News
French insurer AXA has about $640 million exposure to Credit Suisse
by Reutersby ReutersPARIS (Reuters) – French insurer AXA had a “limited exposure” of about 0.6 billion euros ($639.5 million) to Swiss bank Credit Suisse, it said on Monday. “AXA has no exposure …
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Business News
Derivatives that track bonds at the heart of Credit Suisse rescue slide
by Reutersby ReutersLONDON (Reuters) – Derivatives that track the value of key bank debt fell sharply on Monday, after UBS agreed to rescue rival Credit Suisse, forcing a massive writedown of the …
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Business News
China’s exports to North Korea more than double in Jan-Feb on agricultural shipments
by Reutersby ReutersBEIJING (Reuters) – China’s overall exports to North Korea more than doubled in the first two months of 2023 from a year earlier, with major exports including granulated sugar, soybean …