FINS08

JPMorgan’s Jamie Dimon to Be Deposed in Epstein Case, Plaintiffs’ Lawyer Says

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March 28 (Reuters) – JPMorgan Chase & Co ( JPM.N ) Chief Executive Officer Jamie Dimon will be questioned under oath over the bank’s relationship with Jeffrey Epstein, the late sex offender and former client, a lawyer involved in the trial said. Tuesday. The settlement is expected in early May, according to Brad Edwards, a … Read more

Canada is increasing clean technology investment in the budget to compete with the United States

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OTTAWA, March 28 (Reuters) – Canada on Tuesday sought to narrow the competitive gap with the United States with a budget aimed at attracting investment in the low-carbon economy, including tax breaks for electric vehicle (EV) makers and expanding the electricity grid. The 2023-24 tax document submitted to the House of Commons also includes a … Read more

US regulator to sue leading crypto exchange Binance CEO for ‘deliberate circumvention’

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The CFTC accuses Binance of “intentionally circumventing” federal law. Binance’s compliance was “ineffective” under CEO – CFTC The CFTC is referring to a practice reported by Reuters last year March 27 (Reuters) – The U.S. Commodity Futures Trading Commission (CFTC) on Monday sued the world’s largest cryptocurrency exchange Binance and its CEO and founder Changpeng … Read more

Nestle investigates banking relationships after Credit Suisse collapse

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ZURICH, March 28 (Reuters) – Nestle ( NESN.S ) is reviewing its banking relationships following UBS’s ( UBSG.S ) planned takeover of Credit Suisse ( CSGN.S ), the food group’s Chief Executive Mark Schneider said on Tuesday. The world’s largest food group was a client of Credit Suisse, Schneider told TeleZuer in an interview aired … Read more

Angry young people challenge Macron and his pension law

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PARIS, March 27 (Reuters) – Teenager Charles Chauliac is angry that French President Emmanuel Macron plans to delay retirement for hard-working people like his parents and that he bypassed parliament to do so. Most nights in recent weeks, the 18-year-old has taken to the streets of Paris to try to force a U-turn. He marches … Read more

The biggest strike in decades brings Germany to a standstill

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BERLIN/FRANKFURT, March 27 (Reuters) – Airports and bus and train stations across Germany were at a standstill on Monday morning, disrupting millions at the start of the working week in one of the biggest walkouts in Europe’s biggest economy in decades. inflation. The 24-hour strikes organized by the Verdi union and the rail and transport … Read more

Jack Ma, the founder of Alibaba, returns to China and ends his year-long trip abroad -SCMP

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BEIJING, March 27 (Reuters) – Alibaba ( 9988.HK ) founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday, ending a stay abroad of more than a year that the industry saw as reflective. The subdued mood of China’s private companies. Ma, one of China’s best-known entrepreneurs, left mainland … Read more

Saudi Aramco signed a $12.2 billion deal with a Chinese oil refinery and petrochemical complex

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SINGAPORE, March 27 (Reuters) – Saudi Aramco ( 2222.SE ) signed a deal with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China, expected to start in 2026, to meet the country’s growing demand for fuel and chemicals. . The project in Liaoning Province’s Panjin city is Aramco’s second major … Read more

Australia’s Latitude Group says 7.9 million driver’s license numbers have been stolen through data theft

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The data breach is much larger than reported on March 16 Driving license, passport numbers, customer information stolen The stock fell 2.5% March 27 (Reuters) – Australian consumer finance company Latitude Group Holdings Ltd ( LFS.AX ) said hackers stole nearly 8 million Australian and New Zealand driver’s license numbers in one of the country’s … Read more

As confidence in the banking sector falters, central banks demand more

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NEW YORK, March 26 (Reuters) – Some investors and analysts are calling for more coordinated action from central banks to restore financial stability, fearing continued turmoil in the global banking sector amid rising interest rates. After the collapse of two U.S. lenders this month and last weekend’s takeover of struggling Credit Suisse ( CSGN.S ) … Read more