TOPCMB

Market maker Virtu sues US SEC over records request

Nov 29 (Reuters) – Virtu Financial Inc (VIRT.O) took the extraordinary step of suing the US Securities and Exchange Commission, alleging on Tuesday its primary regulator had not responded to a public records request. Virtu, a market maker with a large equities business, said it submitted a Freedom of Information Act (FOIA) request in June …

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Wall Street ends sharply, hit by Apple and China worries

Cyber ​​Monday spending to hit $11.6 billion – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer’s drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked …

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Google, iHeartMedia settle charges of deceptive Pixel 4 ads with FTC, US states

WASHINGTON, Nov 28 (Reuters) – The US Federal Trade Commission and seven US states reached a settlement with Alphabet Inc’s ( GOOGL.O ) Google and iHeartMedia Inc ( IHRT.O ) over allegations of deceptive ads promoting Google’s Pixel 4 smartphone, the FTC said. the FTC said in a statement on Monday that the companies aired …

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A tale of two stock markets: how London still trumps Paris for investors

LONDON, Nov 28 (Reuters) – Paris’ luxury-laden stock exchange is now worth more than London’s. But although size matters, there are other indicators highlighting the UK capital’s popularity with investors. While the UK has seen a larger exodus from equity funds since 2020 than Paris, companies have raised more money in initial public offerings (IPOs) …

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Consumer inflation in Japan’s capital rises at the fastest pace in 40 years

Tokyo Nov core CPI up 3.6% vs f’cast +3.5% Tokyo CPI stays above BOJ’s 2% target for the 6th straight month Data underscores widening inflationary pressure TOKYO, Nov 25 (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide trends, rose at their fastest annual pace in 40 years in November and …

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Just Eat Takeaway to reorganize in Britain, cut 170 jobs globally

AMSTERDAM, Nov 24 (Reuters) – Online meal ordering and delivery company Just Eat Takeaway NV (TKWY.AS) on Thursday announced a reorganization of its customer service operations, which a spokesperson said could lead to 170 job losses globally. The company said in a statement it would close a customer service center in Borehamwood, England and employees …

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Musk says Twitter to hold off relaunching blue check verification

Nov 21 (Reuters) – Twitter’s new owner Elon Musk said on Monday the social media company is holding off the relaunch of its blue check subscription service, a delay from its initial tentative timeline to bring back the service on the platform. “Holding off relaunch of Blue Verified until there is high confidence of stopping …

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Italy govt approves 2023 budget with 35 billion euros to lift economy

Budget finds over 21 billion euros to tame energy bills Taxes energy firms’ extra profits at 35% Includes amnesty on tax arrears, cut to retirement age Relaunches the bridge project connecting Sicily to the mainland ROME, Nov 22 (Reuters) – Italy’s new right-wing government signed off on its first budget on Tuesday, a package focusing …

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India proposes guidelines to combat fake online reviews and ratings

NEW DELHI/BENGALURU, Nov 21 (Reuters) – India launched a crackdown on Monday against fake consumer reviews and unverified ratings in a bid to make the online world and e-commerce more authentic and less misleading for users. The government has drafted guidelines for companies from Alphabet Inc’s (GOOGL.O) Google, Meta Platform’s (META.O) Facebook and Instagram, and …

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TSMC is planning advanced chip production in Arizona, says the company’s founder

TAIPEI, Nov 21 (Reuters) – Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometer technology at its new factory in the US state of Arizona but the plans are not completely finalized yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW), a major Apple Inc (AAPL.O) …

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