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...Despite the assurances, the seven banks that lent money to the billionaire for his buyout — Morgan Stanley, Bank of America, Barclays, MUFG, BNP Paribas, Mizuho and Société Générale — are facing serious...
...ICBC FS operates independently from ICBC in China, it added, and neither the head office nor the New York branch of ICBC itself were affected....
...Signa Holding, the central company in the group that owns Selfridges in London, the Chrysler building in New York and KaDeWe in Berlin, filed for administration last month....
...Lunate was launched earlier this year under the patronage of UAE national security adviser Sheikh Tahnoon bin Zayed al-Nahyan, a brother of the Gulf state’s ruler Sheikh Mohammed bin Zayed al-Nahyan....
...Usage of outdated or biased data banks for training LLMs can deepen the potential for misinformation....
...These decisions included cutting down on Covid misinformation, suppressing the New York Post’s 2020 exposé on Hunter Biden’s laptop, and eventually banning Trump in the wake of the January 6 2021 riots at...
...When the New York arm of China’s largest bank was hit by a ransomware attack in November, disrupting the $25tn US Treasury bond market, it proposed sending a runner across Manhattan to US bank BNY Mellon...
...A recent report by the New York Times found Telegram was home to discussions among professed paedophiles trading information....
...Meta is trying to convince Wall Street that years of unproven bets on the metaverse and costly new investments in artificial intelligence will deliver results....
...Here’s what the Southern District of New York said helped mitigate its penalty: (i) MORGAN STANLEY has provided extraordinary cooperation with this Office’s investigation; (ii) the investigation has not...
...A ransomware attack on the Industrial and Commercial Bank of China has disrupted the US Treasury market, according to market participants....
...On Friday, New York attorney-general Letitia James sent letters to Google, Meta, X, TikTok, Reddit and video platform Rumble asking what steps they had taken to “stop the spread of hateful content encouraging...
...In a rollercoaster interview with Andrew Ross Sorkin at The New York Times Dealbook Summit on Wednesday, Musk said that a recent exodus of big brands — which included IBM, Apple, Walt Disney, Comcast and...
...“I like that there’s no sense of fantasy in these magazines,” says aficionado Josh Peskowitz, a New York-based former editor and brand consultant....
...The report came hot on the heels of another spoofing decision in the same New York courthouse, in a civil case brought by Bermudian hedge fund Harrington against Bank of America Merrill Lynch, CIBC and TD...
...Its early ejection from the tournament, which it has won three times, means the club, which is listed on the New York stock exchange, will earn less from broadcast rights....
...Had the banks agreed to the terms, they would have incurred aggregate losses far in excess of $1bn, an amount the banks have been unwilling to stomach....
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...His comments came as Blackstone posted mixed fourth-quarter earnings that reflect the fragile state of financial markets, particularly in leveraged private investments where the New York-based group is a...
...A first tranche of documents released by a New York court yesterday provided a fresh glimpse into the lurid world of the late sex offender Jeffrey Epstein and his dealings with a cast of powerful men, from...
...Her politically charged artworks, which use mediums including film, glass and plaster, have been exhibited the world over, from New York to Jeddah....
...“After the December FOMC meeting, the market and the Fed’s expectations for interest rate cuts were historically out of whack,” said Meghan Swiber, a US interest rate strategist at Bank of America....
...She is 60, small in stature, but with the command of a seasoned media executive, her voice occasionally dipping into a New York accent....
...No New Jersey politician has ever suffered by attacking New York, which might explain the fervour of governor Phil Murphy’s response. First came a lawsuit to halt the plan....
...The first stadium rock concert was The Beatles at Shea Stadium in New York in 1965, a baseball and American football ground where the sound system was overwhelmed by screaming fans....
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