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UBS hit with $387 million in fines for 'misconduct' by Credit Suisse in Archegos dealings
UBS hit with $387 million in fines for 'misconduct' by Credit Suisse in Archegos dealings
UBS is being fined for missteps by Credit Suisse less than two months after UBS completed an emergency takeover of its former rival.
2023-07-25 05:53
Who wants to fly over Taliban-held Afghanistan? New FAA rules allow it, but planes largely avoid it
Who wants to fly over Taliban-held Afghanistan? New FAA rules allow it, but planes largely avoid it
Two years after the Taliban takeover of Afghanistan, the United States has begun easing rules that could allow commercial airlines to fly over the country in routes that cuts time and fuel consumption for East-West travel
2023-08-16 13:19
Risk of Debt Crisis Return Seen in Korea on Credit Union Woes
Risk of Debt Crisis Return Seen in Korea on Credit Union Woes
Less than a year after a debt crisis shook South Korea, concern is growing that souring lending at
2023-08-21 05:52
The average long-term US mortgage rate rises for 7th straight week, 30-year loan reaches 7.79%
The average long-term US mortgage rate rises for 7th straight week, 30-year loan reaches 7.79%
The average rate on the benchmark 30-year home loan rose for the seventh straight week, making a significant hurdle for prospective homebuyers
2023-10-27 00:24
TSMC Sales Ride AI Demand Boost to Beat Estimates
TSMC Sales Ride AI Demand Boost to Beat Estimates
Taiwan Semiconductor Manufacturing Co. reported better-than-expected sales on a boom in artificial intelligence applications demanding more of the
2023-07-10 13:51
Genesis sues Gemini over $689 million in customer withdrawals
Genesis sues Gemini over $689 million in customer withdrawals
By Dietrich Knauth NEW YORK Crypto lender Genesis Global on Tuesday sued partner Gemini Trust Co, seeking to
2023-11-23 00:52
Biden Names Long-Serving Union Official as Top Labor Adviser
Biden Names Long-Serving Union Official as Top Labor Adviser
President Joe Biden has picked Brendan Danaher, a former Department of Transportation aide and longtime union official, as
2023-08-21 23:51
California Quietly Shelves $15 Billion Pension Divestment Bill
California Quietly Shelves $15 Billion Pension Divestment Bill
The California State Assembly has shelved legislation that would have forced the country’s two largest pension funds to
2023-07-04 05:54
Airbus Set for Splashy Paris Debut With 500-Jet IndiGo Order
Airbus Set for Splashy Paris Debut With 500-Jet IndiGo Order
Airbus SE is poised for a grand entrance at the Paris Air Show, where the European planemaker could
2023-06-17 23:52
Sunak Faces MP Demands to Cut Taxes Before Election: Tory Latest
Sunak Faces MP Demands to Cut Taxes Before Election: Tory Latest
Prime Minister Rishi Sunak said he wants to cut taxes as many members of his UK Conservative Party
2023-10-01 17:47
Labour Eyes Pledge on UK Borrowing to Invest in British Industry
Labour Eyes Pledge on UK Borrowing to Invest in British Industry
Labour is considering plans to borrow to invest in British industry, people familiar with the discussions said, despite
2023-10-09 03:22
Rouble hits 15-month low past 87 vs dollar on political risk concerns
Rouble hits 15-month low past 87 vs dollar on political risk concerns
The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic
2023-06-29 16:54