U.S. banking regulator has begun misconduct probes in Signature, SVB failures

[ad_1] WASHINGTON, March 27 (Reuters) – A U.S. banking regulator is investigating potential misconduct on the part of executives and others involved in the failures of Silicon Valley Bank and…

Continental restructures technology unit, downsizes board

[ad_1] BERLIN, Sept 30 (Reuters) – German car parts maker Continental (CONG.DE) announced plans for a restructuring that will combine from the start of next year business activities around connectivity,…

Hindenburg takes aim at Dorsey’s payments firm Block, shares plunge

[ad_1] March 23 (Reuters) – Hindenburg Research on Thursday disclosed short positions in Block Inc (SQ.N) and alleged that the payments firm led by Twitter co-founder Jack Dorsey overstated its…

Investment manager convicted over $121 Cayman fund

[ad_1] LONDON, Aug 10 (Reuters) – An investment manager of a collapsed 100-million-pound ($121 million) Cayman Islands-based legal financing fund was on Wednesday convicted by a London jury of fraudulent…

Qatar’s ex-finance minister to face trial -state news agency

[ad_1] March 19 (Reuters) – Qatar’s public prosecutor will launch a criminal trial of former finance minister Ali Sherif al-Emadi, the state news agency said Sunday. Emadi and an unidentified…

Canadian buyer aims to improve Pornhub owner’s reputation

[ad_1] TORONTO, March 17 (Reuters) – Ethical Capital Partners (ECP) this week bought Pornhub owner MindGeek, its first ever acquisition, with the aim of improving the internet platform’s reputation, the…

U.S. prosecutors probing collapse of Silicon Valley Bank

[ad_1] March 14 (Reuters) – U.S. prosecutors are investigating the collapse of Silicon Valley Bank, according to a source familiar with the matter, as scrutiny mounts over the firm’s sudden…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…

Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet

[ad_1] Dec 23 (Reuters) – Michael Bloomberg has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones from News Corp, two sources familiar with the…