Bank of England publishes almost final Basel capital adequacy rules on 12 September
LONDON, Aug 29 (Reuters) – The Bank of England said on Thursday it would release its “near-final” interpretation of the Basel capital reforms for banks, aimed at protecting global banks from shocks, on Sept. 12, amid growing speculation that implementation…
TuSimple, maker of self-driving trucks, settles fraud lawsuit for $189 million
Aug 27 (Reuters) – TuSimple (TSPH.PK)opens new tab A $189 million settlement has been reached in a lawsuit accusing the self-driving truck technology company of defrauding shareholders by exaggerating its safety record and concealing three insiders’ control of a Chinese…
With US interest rate cuts looming, the chances of an economic “soft landing” could determine equity performance
Investors focus on economic data to gauge a soft landing Labor market data crucial for future interest rate cut expectations September is traditionally the weakest month for the performance of the S&P 500 Aug 26 (Reuters) – With rate cuts…
Exclusive: Evolent Health in sale talks after takeover interest, sources say
NEW YORK, Aug 22 (Reuters) – Evolent Health (EVH.N)opens new tab is currently in talks with private equity firms and health care providers about a potential sale. The process was initiated after interest in an acquisition emerged, people familiar with…
Mike Lynch was a British technology pioneer who died at sea after being acquitted in a US trial
LONDON, Aug 22 (Reuters) – Tech tycoon Mike Lynch, who died when his luxury yacht sank off Sicily, spent more than a decade building Britain’s biggest software company – and for almost as long he fought accusations that he inflated…
Bankruptcy of Indian Ed-Tech giant Byju fuels fears among employees
The company was once valued at $22 billion in India Autumn seen as a setback for employees and the startup sector Employees weigh up legal options, protest Dispute between lenders triggered insolvency proceedings BENGALURU/NEW DELHI, Aug 22 (Reuters) – The…
