WASHINGTON (Reuters) – The United States welcomed the European Union’s draft decision on data privacy as a critical next step, U.S. Commerce Secretary Gina Raimondo said on Wednesday, as the two parties try to seal a data transfer pact. The draft decision, Raimondo said, “represents a critical next step to fully address” the concerns of …
U.S. welcomes EU draft decision on data privacy -Commerce Secretary Read More »
By Philip Pullella ROME (Reuters) -One of the Catholic Church’s top sexual abuse experts has called for a review of how his own Jesuit order and the Vatican handled allegations against an internationally known priest and artist. The case of Father Marko Ivan Rupnik has rattled the Jesuit order, of which Pope Francis is a …
Closing of Jesuit abuse case left victims feeling betrayed, expert says Read More »
By John McCrank NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Wednesday voted to propose some of the biggest changes to American equity market structure in nearly two decades, aimed at boosting transparency and fairness while increasing competition for individual investors’ stock orders. The proposals include requiring marketable retail stock orders to be …
U.S. SEC votes to advance stock market overhaul proposals Read More »
By Luc Cohen and Chris Prentice NEW YORK (Reuters) – When he took office as the top federal prosecutor in Manhattan in late 2021, Damian Williams pledged to prioritize “rooting out corruption in our financial markets.” Now, with the fraud charges filed earlier this week against Sam Bankman-Fried, the founder of the bankrupt FTX exchange, …
Bankman-Fried charges showcase U.S. prosecutor’s growing role in crypto enforcement Read More »
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower in volatile trading on Wednesday following a policy announcement by the Federal Reserve that raised interest rates by an expected 50 basis points, but its economic projections see higher rates for a longer period. The central bank raised interest rates by half a percentage …
Wall Street ends lower after latest Fed rate hike Read More »
SAN JOSE (Reuters) – Costa Rica has told the United States it is interested in joining the North American trade pact between the United States, Mexico and Canada, President Rodrigo Chaves said on Wednesday. Chaves said he had sent the message to the White House expressing his desire to join the United States-Mexico-Canada trade agreement …
Costa Rica seeks entry to North America trade pact Read More »
By Howard Schneider, Ann Saphir and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would be paid if the U.S. central bank does not get a …
Fed’s Powell says inflation battle not won, more rate hikes coming Read More »
14 dic (Reuters) – Los investigadores ucranianos de una zona reconquistada a los soldados rusos han descubierto una celda en la que se detenía y maltrataba a niños, según declaró el miércoles un alto defensor ucraniano de los derechos humanos. Dmytro Lubinets, comisario de Derechos Humanos del Parlamento ucraniano, declaró que la celda se encontraba …
Los rusos utilizaron “celdas para niños” en Jersón, según funcionario ucraniano Read More »
(Reuters) -American International Group Inc said on Wednesday its subsidiary, AIG Financial Products (FP), had filed for Chapter 11 bankruptcy protection to complete the wind down of a business unit that was a central figure in the 2008 financial crisis. AIG Financial Products largely ceased operations in 2008, and its bankruptcy will not have a …
(Reuters) – Chinese tech giant Alibaba Group Holding Ltd cannot buy some of the most advanced chip designs after the SoftBank-owned British chip tech firm Arm Ltd determined that U.S. and Britain would not approve licences to export technology to China, the Financial Times reported on Wednesday. This is the first known time that Arm …
U.S., UK export controls hit China’s access to Arm’s chip designs -FT Read More »
