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March 9, 2021

Corporate / Market Regulation

Second Texas utility commissioner exits amid power outage fallout

Reuters
FILE PHOTO: A neighborhood experiences a power outage after winter weather caused electricity blackouts in San Marcos, Texas, U.S. February 16, 2021. REUTERS/Mikala Compton/File Photo HOUSTON (Reuters) – A second commissioner of the Texas utilities regulator resigned on Monday, in continued fallout from a weather-driven crisis in the state’s power......

European banking regulator EBA targeted in Microsoft hacking

Reuters
FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration FRANKFURT (Reuters) – The European Banking Authority on Monday said it had been targeted by hackers, although no data had been......

Exclusive: Canada eyes tighter rules for grow-your-own pot producers

Reuters
(Reuters) – Canada’s health regulator will launch a public consultation program on Monday in its draft guidance for individuals growing medical cannabis at home, hoping to clamp down on people selling weed on the black market. FILE PHOTO: Chemdawg marijuana plants grow at a facility in Smiths Falls, Ontario, Canada......

EU regulator urges caution on Sputnik COVID-19 vaccine

Reuters
FILE PHOTO: Vials of the Sputnik V (Gam-COVID-Vac) vaccine are seen at the Del-Pest Central Hospital in Budapest, Hungary, February 12, 2021. Zoltan Balogh/MTI/MTVA/Pool via REUTERS ZURICH (Reuters) – A senior European Medicines Agency (EMA) official urged European Union members on Sunday to refrain from granting national approvals for Russian......

BRIEF-U.S. CDC Says Delivered 116,355,405 Doses Of Covid-19 Vaccine As Of March 6 Versus 114,133,115 Doses As Of March 5

Reuters
March 6 (Reuters) – * U.S. CDC SAYS DELIVERED 116,355,405 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 114,133,115 DOSES AS OF MARCH 5 * U.S. CDC SAYS ADMINISTERED 87,912,323 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 85,008,094 DOSES ADMINISTERED AS OF MARCH 5 * U.S. CDC......

Myanmar asks India to return eight police who fled across border

Reuters
FILE PHOTO: A Myanmar citizen living in India burns a poster of Myanmar’s army chief Senior General Min Aung Hlaing with his face crossed out, during a protest organised by Chin Refugee Committee, against the military coup in Myanmar, in New Delhi, India, March 3, 2021. REUTERS/Danish Siddiqui NEW DELHI......

Exclusive: U.S. agency probes Facebook for ‘systemic’ racial bias in hiring, promotions – attorneys

Reuters
(Reuters) – A U.S. agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys for three job applicants and a manager who claim the company discriminated against them told Reuters on Friday. FILE PHOTO: A 3D-printed Facebook logo is seen placed on......

U.S. SEC charges AT&T, three executives with selectively providing information to analysts

Reuters
FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Friday it has charged AT&T Inc and three......

Ford rejects U.S. ITC criticism over SK Innovation battery deals

Reuters
WASHINGTON (Reuters) – Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission over its decision to pursue battery contracts with SK Innovation. The ITC said Ford pursued new contracts after evidence had emerged the South Korean electric vehicle (EV) battery maker misappropriated trade secrets from cross-town......

UK starts probe on Apple’s alleged anti-competitive behaviour

Reuters
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Britain’s competition regulator said on Thursday it has opened an investigation into Apple Inc after complaints that the......

South Africa’s information regulator says WhatsApp cannot share users’ contact information

Reuters
JOHANNESBURG (Reuters) – Facebook Inc cannot share any contact information it collects from WhatsApp users in South Africa with its other properties without first obtaining authorisation from the country’s Information Regulator (IR), the agency said on Wednesday. 3D printed Facebook and WhatsApp logos and keyboard buttons are placed on a......

UK new car sales slump in February amid COVID-19 hit

Reuters
FILE PHOTO: Parked cars are seen at the Vauxhall plant as the outbreak of the coronavirus disease (COVID-19) continues, in Ellesmere Port, Britain March 16, 2020. REUTERS/Phil Noble/File Photo LONDON (Reuters) – British new car registrations fell by roughly 36% year-on-year in February, according to preliminary data from an industry......

South Africa’s information regulator says WhatsApp cannot share users’ contact information

Reuters
JOHANNESBURG (Reuters) – Facebook Inc cannot share any contact information it collects from WhatsApp users with its other properties without first obtaining authorisation from South Africa’s Information Regulator (IR), the agency said on Wednesday. FILE PHOTO: A 3D printed Whatsapp logo is placed on a computer motherboard in this illustration......

India’s Kerala turns homes into ‘mini-solar power stations’

Reuters
KERALA, India (Thomson Reuters Foundation) – Before Govindan Satheeshan installed solar panels on the roof of his home in southern India’s Kerala state under a government scheme two years ago, the 70-year-old retiree was unsure. Would the panels produce enough electricity? Would they be too expensive? Would the system suffer......

Boeing cites risks in design of newest Airbus jet

Reuters
PARIS (Reuters) – Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks. FILE PHOTO: An Airbus A321 neo flies during a flying display at the first day of the 52nd Paris Air......

Chinese fintech platforms should meet capital requirements in two years

Reuters
FILE PHOTO: China’s top banking regulator Guo Shuqing speaks to reporters on the sidelines of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2019. REUTERS/Thomas Peter BEIJING (Reuters) – China’s financial technology companies have a maximum of two years to meet......

Brexodus from City of London to the EU slows

Reuters
LONDON (Reuters) – The shift in financial staff and assets from the City of London to the European Union because of Brexit has eased after Britain completed its full departure from the bloc, a tracker from consultants EY showed on Tuesday. Financial services are not included in the EU-UK trade......

Australia’s Crown Resorts Perth casino chairman resigns

Reuters
March 1 (Reuters) – Australia’s Crown Resorts Ltd said on Monday John Poynton had resigned as the chairman of Crown Perth and as a director of the company. Poynton’s departure is the latest in a string of executive exits at the casino operator after an inquiry accused it of widespread......

BRIEF-U.S. Authorizes Johnson & Johnson Covid-19 Vaccine For Adults Aged 18 And Older – Reuters

Reuters
BRIEF-U.S. Authorizes Johnson & Johnson Covid-19 Vaccine For Adults Aged 18 And Older Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

SoftBank announces settlement with former WeWork CEO Neumann

Reuters
Feb 26 (Reuters) – SoftBank Group Corp said on Friday it had reached a settlement with WeWork’s special committee and the company’s co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019. SoftBank, the new owner of the office-sharing firm, did not disclose......

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