May 22, 2023
First Citizens sues HSBC for hiring away Silicon Valley Bank staff

By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own…

May 22, 2023
Regulators dust off rule books to tackle generative AI like ChatGPT

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old laws to control a technology that could upend the way societies and…

May 12, 2023
Analysis-Jet orders boom as airlines fear shortage

By Tim Hepher PARIS (Reuters) - Planemakers can't build them but airlines can't stop buying them. Even as they wrestle with industrial problems preventing the delivery of jets sold before the pandemic, Airbus and Boeing are totting up billions of…

May 11, 2023
Dollar stronger as market rethinks monetary policy outlook

By Laura Matthews NEW YORK (Reuters) - The U.S. dollar rose against the euro and sterling on Thursday and set a more than one-week high against a basket of its major peers as traders sought safety after a series of…

Mar 29, 2023
Investors pull $1.6 billion from Binance after CFTC lawsuit

By Elizabeth Howcroft LONDON (Reuters) - Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity Futures Trading Commission (CFTC)…