As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current ...
Asset-Backed Securities Face New Risks From US Court Decision
A federal court decision has raised new legal risks for a corner of Wall Street that bundles consumer loans into asset-backed securities....
A federal court decision has raised new legal risks for a corner of Wall Street that bundles consumer loans into asset-backed securities....
Article / 10 hours ago
Foreign Firms' Losses From Exiting Russia Top $107 Billion
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and...
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and...
Article / 12 hours ago
Drugmaker Endo Receives Court Approval for Bankruptcy Restructuring
Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements to...
Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements to...
Article / 8 days ago
Loan Deadline Looms for China Life Canary Wharf Tower
China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave off the locality's third potential major default, as the eastern financial district of...
China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave off the locality's third potential major default, as the eastern financial district of...
Article / 8 days ago
Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges
Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold securities through its crypto lending program without...
Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold securities through its crypto lending program without...
Article / 9 days ago
Bank of Japan Scraps Radical Policy, Makes First Interest Rate Hike in 17 Years
The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away...
The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away...
Article / 9 days ago
Realtor Group Strikes $418 Million Deal to End Suits Over Commissions
The National Association of Realtors agreed to settle litigation over commission rules for US real estate agents, clearing the way for possible changes in how...
The National Association of Realtors agreed to settle litigation over commission rules for US real estate agents, clearing the way for possible changes in how...
Article / 10 days ago
Trump Has Failed to Get Appeal Bond for $454M Civil Fraud Judgment, Lawyers Say
Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against the former U.S. president in a...
Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against the former U.S. president in a...
Article / 10 days ago
Bayer Weighs ‘Texas Two-Step' Bankruptcy Filing Over Roundup
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes...
Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to resolve tens of thousands of US lawsuits claiming its Roundup weedkiller causes...
Article / 13 days ago
China Probes Exposure of HK Units of Banks, Insurers to Local Gov't Debt: Sources Say
China's financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country's local government debt,...
China's financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country's local government debt,...
Article / 13 days ago