SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a…
Chevron agrees to sell Myanmar assets and will exit country
By Sabrina Valle HOUSTON (Reuters) – U.S. oil major Chevron Corp on Friday said it had agreed to sell its…
Biden plans to bar some U.S. investments in China, track others -sources
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -The Biden administration plans to outright ban investments in some Chinese technology…
IMF says El Salvador’s bitcoin risks have not materialized but ‘should be addressed’
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency…
Nasdaq ends lower as Treasury yields rise, Lyft plunges
By Carolina Mandl (Reuters) – The Nasdaq ended lower on Friday as megacap growth stocks came under pressure after Treasury…
New U.S. agriculture trade chief seeks to diversify buyers beyond China
By David Lawder WASHINGTON (Reuters) – U.S. chief agricultural trade negotiator Doug McKalip wants China to keep striving to meet…
Exclusive-Payments giant FIS prepares to break up-sources
By David French, Anirban Sen and Milana Vinn NEW YORK (Reuters) – Banking and payments conglomerate Fidelity National Information Services…
Google cautions against ‘hallucinating’ chatbots – report
BERLIN (Reuters) – The boss of Google’s search engine warned against the pitfalls of artificial intelligence in chatbots in a…
U.S. airlines urge FAA to extend 5G upgrade deadline
By David Shepardson WASHINGTON (Reuters) -A group representing major U.S. airlines “strongly urged” the Federal Aviation Administration (FAA) to extend…
Bed Bath & Beyond to wind down Canada operations
(Reuters) -Bed Bath & Beyond’s Canadian operations are going out of business, according to a court filing on Friday, two…