BUSINESS

French retailer Leroy Merlin says to quit Russia

Shares of Twitter co-founder Jack Dorsey's Block Inc fell 4% in morning trading on Friday, a day after the payments firm's Cash App business became the latest target of U.S. short seller Hindenburg Research.

The UK's Competition and Markets Authority (CMA) had stated in provisional findings last month that the deal could hurt competition in cloud gaming and gaming consoles.

The company holds concessions in a number of productive fields, as well as rights over oil extracted there and a share in a pipeline transporting crude to neighbouring Cameroon for export via the port of Kribi.

The response of U.S. regulators to recent bank stress was strong and fast enough to contain the damage and let Federal Reserve interest rate policy continue to focus on lowering inflation, St.

British foreign minister James Cleverly and EU Commission vice-president Maros Sefcovic signed off the "Windsor Framework" at a joint committee meeting in London.

Service workers, who are part of the Service Trades Council Union (STCU) coalition, will vote on the contract proposal on March 29.

Tom Brady has found a new horizon to hopefully conquer after his NFL career.

Ford Motor Co plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee, the automaker said on Friday.

Accenture said it will spend $1.2 billion in severance and other personnel costs over the next 18 months and another $300 million to consolidate its office space.

If Kwon is extradited to New York, he will be facing prosecution by the same office handling a criminal case against Sam Bankman-Fried, the co-founder and former CEO of FTX.

FTC has proposed a rule to help consumers ditch subscriptions.

Oil prices fell Friday, extending the previous day's losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years.

As SVB teetered, billions of dollars in deposits poured into the nation's banking giants, which are required by regulators to hold more capital to withstand shocks.

The Fed reported that discount window borrowing, its main source of emergency credit to depository institutions, hit $110.2 billion as of Wednesday.

The team of JPMorgan analysts led by Nikolaos Panigirtzoglou did not name any of the banks they categorized as "most vulnerable."

5000+ Plant based food products are now listed on the worlds' largest plant niche marketplace.

UBS and Credit Suisse were both among the 30 banks around the world deemed 'too big to fail' and therefore considered Global Systemically Important Banks.

The 40-year-old Singaporean's rapid ascent coincides with the United States and other Western governments tightening scrutiny over Chinese technology giants and their products.

The Federal Aviation Administration (FAA) said on Thursday it was taking steps to improve its air traffic control operations after a series of near-miss incidents raised questions about U.S.

Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said.

A former Meta recruiter recalled her days working at the tech giant in videos posted to TikTok.

It appears Chew, who took over as TikTok CEO in April 2021, has stayed away from the spotlight to a great extent.

The long-awaited decision follows years of turmoil for the company, which has recently faced scandals, financial troubles and high-level resignations.

Although many criticized the SEC for its most recent move against a crypto company, others took the chance to gloat and hit Coinbase back.

There have been at least six serious runway incursions since January.

A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404 million in assets converted into cash at J.P. Morgan.

Historically, many luxury goods and collectible assets were neglected by investors because they were perceived to be susceptible to fashion trends. Nonetheless, investors need an eye-opening look at a market that has demonstrated remarkable resilience and longevity even in the most challenging economic conditions: the age-old demand for single malt whisky.

A paper analyzed more than 4,800 U.S. banks to determine their exposure to the risks that led to the failure of SVB.