Gannett tiptoes into generative AI, giving humans the last word
NEW YORK, June 16 (Reuters) - Publisher Gannett plans to include generative artificial intelligence in the system it uses to...
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The scope of application of the Markets in Crypto-assets Regulation
In April 2023, the Markets in Crypto-assets Regulation (MiCAR) was ratified becoming the first regulatory framework for crypto-assets with the...
The European Banking Authority’s Guidelines on Resolvability
The European Banking Authority (“EBA”) has published its final report on amendments to its guidelines on improving resolvability under the...
EU top court backs consumers in Polish FX mortgage case
WARSAW, June 15 (Reuters) - The European Union's top court on Thursday backed Polish borrowers with Swiss franc-denominated mortgages in...
Google faces EU break-up order over anti-competitive adtech practices
BRUSSELS, June 14 (Reuters) - Alphabet's (GOOGL.O) Google may have to sell part of its lucrative adtech business to address...
Allied Irish Banks battles ‘absurd’ London lawsuit from fraudster’s son
LONDON, June 13 (Reuters) - Allied Irish Banks (AIBG.I) is fighting a multi-million-pound London lawsuit brought by the son of...
UK pension fund fights appeal in landmark fossil fuels lawsuit
Case challenges continued investments in coal, oilBritain's biggest private pension asks court to blockCould open other pension funds to similar...
Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
CHICAGO, June 13 (Reuters) - U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.The deal brings the combined company closer in global scale to leading rivals Archer-Daniels-Midland (ADM.N) and Cargill (CARG.UL), valuing Bunge and Viterra at about $17 billion each. Bunge shareholders, however, will own about 70% of the company, because Bunge will pay for a significant chunk of the deal...
UBS completes Credit Suisse takeover to become wealth management behemoth
UBS has completed its takeover of Credit SuisseNew management changes announcedCredit Suisse CFO and General Council to leaveZURICH, June 12...
US charges two Russians in hack of Mt. Gox crypto exchange
WASHINGTON, June 9 (Reuters) - The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the world's earliest, biggest and most widely publicized alleged bitcoin heists.The department in a statement said Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, were charged with conspiring to launder approximately 647,000 bitcoins from their hack of Mt. Gox, which collapsed in 2014 after losing what was then worth about half a billion dollars in cryptocurrency.The event was one of the first signs of how vulnerable exchanges...