Moody’s changes US ratings outlook to negative, affirms AAA
Nov 10 (Reuters) - Moody's on Friday changed the outlook on the government of United States of America's ratings to...
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China’s biggest lender ICBC hit by ransomware attack
Industrial and Commercial Bank of China Ltd (ICBC)'s logo is seen at its branch in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsNov 9 (Reuters) - The Industrial and Commercial Bank of China's (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury on Thursday, the latest in a string of victims ransom-demanding hackers have claimed this year.ICBC Financial Services, the U.S. unit of China's largest commercial lender by assets, said it was investigating the attack that disrupted some of its...
UK’s Cleverly to meet Middle East foreign ministers to discuss Gaza, southern Israel
British Foreign Secretary James Cleverly looks on as he gathers for an outreach session during the meetings in Tokyo, Japan,...
India’s Byju’s in talks to sell unit Epic for $400 mln to PE fund Joffre – Bloomberg News
People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one...
The other crypto bosses in US authorities’ crosshairs
Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File Photo Acquire Licensing RightsWASHINGTON, Nov 3 (Reuters) - Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry.But he's not the only one in regulators' sights. As token prices plummeted last year, the sector saw other stunning meltdowns that put several industry moguls into authorities' crosshairs.Investigations are not necessarily an...
PayPal stock surges as pledge to turn “leaner” keeps crypto concerns at bay
A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado...
Fitch affirms Sweden’s ‘AAA’ ratings
Oct 27 (Reuters) - Fitch affirmed Sweden's long-term local and foreign currency debt rating of "AAA" on Friday, citing the...
India’s forex reserves fall to $583.53 bln as of Oct 20 – cenbank
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct 27...
Gold little changed with focus on Middle East conflict, US economic data
US Q3 GDP data due on Thursday, PCE price index on Friday$2000 still on the cards if MidEast tensions escalate-analystPlatinum down more than 1%Oct 24 (Reuters) - Gold held nearly steady on Tuesday after hitting a five-month high last week, while traders kept one eye on U.S. economic data and another on tensions in the Middle East.Spot gold ticked 0.1% higher at $1,975.39 per ounce by 12:42 p.m. ET (1742 GMT) after falling as much as 1% earlier in the session. U.S. gold futures settled 0.1% lower at $1,986.1."We saw...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...