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EXCLUSIVE-Banks lobby regulators for national standards to curb state influence, sources say
Lenders lobby regulators to seek national standard for bankingBanks find patchwork state regulation disruptive States claim maintaining regulatory power protects consumersIndividual states have punished banks for some of their policiesBy Nupur Anand NEW YORK, Aug 22 (Reuters) - U.S. banks are pet...
Reuters
Fri, Aug 22
Tiktok To Lay Off Hundreds Of UK Moderators Despite Online Safety Act-FT
Aug 22 (Reuters) - TIKTOK TO LAY OFF HUNDREDS OF UK MODERATORS DESPITE ONLINE SAFETY ACT-FTSource text: https://tinyurl.com/3vft6m4dFurther company coverage: [ ]
Reuters
Fri, Aug 22
UK competition watchdog begins probe into Getty Images-Shutterstock deal
Aug 22 (Reuters) - Britain's antitrust watchdog on Friday said it has launched an investigation into U.S.-listed Getty Images' GETY.N $3.7 billion merger with rival Shutterstock SSTK.N. The Competition and Markets Authority said it set October 20 as the deadline for its phase 1 decision on ...
Reuters
Fri, Aug 22
Tesla raises price of most-expensive Cybertruck by $15,000 in US
Aug 22 (Reuters) - Tesla TSLA.O has raised the price of its most-expensive Cybertruck pickup truck model by $15,000 in the United States despite softer-than-expected sales and recalls.The sharp increase follows a long-delayed rollout in which the pickup has struggled to meet Tesla's early promis...
Reuters
Fri, Aug 22
Cenovus Energy to acquire MEG Energy in C$7.9 billion deal
Aug 22 (Reuters) - Canadian oil producer MEG Energy MEG.TO said on Friday it has agreed to be acquired by larger peer Cenovus Energy CVE.TO in a C$7.9 billion cash-and-stock deal, including debt.
Reuters
Fri, Aug 22
UK's CMA Announces Start Of Merger Investigation Into Getty Images/Shutterstock Deal
Aug 22 (Reuters) - UK's CMA:COMPETITION AND MKTS - MERGER UPDATE: GETTY IMAGES / SHUTTERSTOCKUK'S CMA: START OF CMA MERGER INVESTIGATION INTO GETTY IMAGES/SHUTTERSTOCK DEALUK'S CMA: DEADLINE OF 20 OCTOBER 2025 FOR ITS PHASE 1 DECISION ON GETTY IMAGES/SHUTTERSTOCK DEAL
Reuters
Fri, Aug 22
EXPLAINER-The legal battles over redistricting in Texas and California
By Jan Wolfe WASHINGTON, Aug 22 (Reuters) - Texas lawmakers approved a new congressional map this week at the behest of President Donald Trump, seeking to preserve his Republican Party's slim majority in the U.S. House of Representatives in the November 2026 midterm elections.In response, the...
Reuters
Fri, Aug 22
INSIGHT-Ailing US nuclear workers in limbo after Trump pauses medical compensation claims
Nuclear workers left in limbo by suspension of review boardsOver 700,000 Americans have worked at nuclear enrichment or weapons sites since WW2Trump administration says claims process on pause for 'administrative requirements'By Valerie VolcoviciHARRIMAN, Tennessee Aug 22 (Reuters) - Steve H...
Reuters
Fri, Aug 22
JP Morgan to pay Malaysia $330 million to resolve matters related to 1MDB, joint statement says
KUALA LUMPUR, Aug 22 (Reuters) - JPMorgan Chase JPM.N will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its role in the multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB), the company and the government said in a join...
Reuters
Fri, Aug 22
Deals of the day-Mergers and acquisitions
August 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Activist investor Cevian Capital has taken a 3.02% stake in Dulux paints maker AkzoNobel , a filing by Dutch market regulator AFM showed on Friday, signalling conf...
Reuters
Fri, Aug 22
S.Korea dispatches delegation to China as Trump tariffs shift trade dynamics
SEOUL, Aug 22 (Reuters) - South Korean President Lee Jae Myung will send a special delegation to China from August 24-27, his spokesperson said on Friday, as Seoul and Beijing increasingly align in response to U.S. President Donald Trump's tariffs policy. The delegation will deliver a message fr...
Reuters
Fri, Aug 22
Chinese e-vapor company RLX Technology Q2 revenue rises on international markets expansion
OverviewRLX Technology Q2 revenue rises 40.3% yr/yr to RMB880 mln (US$122.8 million)Gross margin improves to 27.5% from 25.2% in prior yearNon-GAAP income from operations up 147.6% yr/yr to RMB116.2 mlnOutlookCompany emphasizes global compliance and strategic partnerships for future growthRLX Techno...
Reuters
Fri, Aug 22
U.S. Air Force, Navy seek $1 billion to buy secret Lockheed missile- Bloomberg News
-- Source link: https://tinyurl.com/4px496j4-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, Aug 22
Chili's parent Brinker International will pay out bonuses at 200% of corporate workers' target rate- WSJ
-- Source link: https://tinyurl.com/tzzaa3ht-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, Aug 22
Deaths from starvation in Gaza may amount to war crime, UN rights chief says
GENEVA, Aug 22 (Reuters) - The U.N. human rights chief on Friday said that the emergence of famine in northern Gaza is the "direct result of actions taken by the Israeli government" and said that deaths from starvation might amount to a war crime."The famine declared today in Gaza Govern...
Reuters
Fri, Aug 22
Japan to provide H3 rocket for Europe's mission to observe Apophis asteroid
By Kantaro Komiya TOKYO, Aug 22 (Reuters) - Japan will join a European project to observe the Apophis asteroid when it passes close to the Earth by providing the H3 rocket as a launch vehicle, a Japanese space agency official said on Friday.The Japan Aerospace Exploration Agency (JAXA) will join...
Reuters
Fri, Aug 22
Israeli ministry of foreign affairs says there is no famine in Gaza
JERUSALEM, Aug 22 (Reuters) - Israel’s foreign ministry said there is no famine in Gaza, responding to a report on Friday from a global hunger monitor that said famine had struck an area of Gaza and would likely spread over the next month. “Over 100,000 trucks of aid have entered Gaza since the star...
Reuters
Fri, Aug 22
Famine has struck Gaza, says global hunger monitor
IPC reports 514,000 Gazans in famine, rising to 641,000 by end of SeptemberIsrael disputes famine claims, accuses Hamas of false starvation campaignFifth time in past 14 years that the IPC has determined there is a famine By Michelle Nichols UNITED NATIONS, Aug 22 (Reuters) - Famine has struck an...
Reuters
Fri, Aug 22
UN aid chief calls Gaza famine preventable, blames Israel's obstruction of aid
GENEVA, Aug 22 (Reuters) - The United Nations aid chief said on Friday that the famine that has struck part of Gaza was preventable, blaming the "systematic obstruction" of aid by Israel and demanding that Prime Minister Benjamin Netanyahu let supplies in on a massive scale. "It is a...
Reuters
Fri, Aug 22
CORRECTED-DHL: German postal service to suspend transport of business parcels to US
DUSSELDORF, Aug 22 (Reuters) - DHL DHLn.DE, which runs Germany's postal service Deutsche Post, said it will suspend acceptance and transport of parcels and postal items containing goods from business customers destined for the United States after August 25."The reason for these likely tempor...
Reuters
Fri, Aug 22
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