Author Archives: Syndicated Content
Britain to remove limits on civil penalties for polluters
LONDON (Reuters) - Britain on Wednesday said it would remove the current 250,000 pound ($322,375) limit on fines that can be issued to polluters by environmental regulators and increase the number of ...
Jul 11, 2023
Use of AI in finance likely to trigger rise in fraud, says UK watchdog
By Huw Jones LONDON (Reuters) - Applying artificial intelligence (AI) to financial services must go hand-in-hand with better fraud prevention and resilience to hacking and outages, Britain's Financial...
Jul 11, 2023
Corporate net debt hit record in 2022/23, but borrowing appetite to decline – Janus Henderson
By Chiara Elisei LONDON (Reuters) - Companies around the globe took on a record $456 billion of net new debt in 2022/23, although higher interest rates should reduce appetite for new borrowing ahead, ...
Jul 11, 2023
Mexico’s America Movil Q2 net profit climbs, beating estimates
MEXICO CITY (Reuters) - Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter on the back of foreign exchange gains, the company said in a fi...
Jul 11, 2023
Faraday Future interim CFO resigns, firm to restate certain financial reports
(Reuters) - Faraday Future Intelligent Electric said on Tuesday its interim finance chief has resigned and the company will restate its financial statements for 2022 and the quarter ended March 2023 a...
Jul 11, 2023
Buy Buy Baby stores set to shutter as Go Global’s deal falls apart – CNBC
(Reuters) - Bankrupt retailer Bed Bath & Beyond's Buy Buy Baby stores are set to shutter after a last ditch effort to save the chain and keep the business alive fell apart, CNBC reported on Tuesday. B...
Jul 11, 2023
Russia’s Medvedev: NATO’s military aid to Ukraine brings World War Three closer
(Reuters) - Dmitry Medvedev, the deputy secretary of Russia's powerful Security Council chaired by President Vladimir Putin, said late on Tuesday that the increase in military assistance to Ukraine by...
Jul 11, 2023
Biden nominates China specialist to be ambassador to strategic Marshall Islands
WASHINGTON (Reuters) - President Joe Biden on Tuesday nominated a senior career diplomat to be U.S. ambassador to the Marshall Islands, a strategic Pacific territory that has become a focus for compet...
Jul 11, 2023
PBF’s Martinez, California refinery reports release of coke dust on communities
By Laura Sanicola (Reuters) - PBF Energy's 156,400 barrel-per-day capacity oil refinery in Martinez, California released petroleum coke dust, a byproduct of the refining process, on neighboring commun...
Jul 11, 2023
Germany tells UN: Nord Stream inquiry found subsea explosive traces on yacht
By Michelle Nichols UNITED NATIONS (Reuters) - Germany found traces of subsea explosives in samples taken from a yacht that it suspects "may have been used to transport the explosives" to blow up the ...
Jul 11, 2023
