By Laura Matthews and Carolina Mandl
NEW YORK (Reuters) - U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest markets, but is expected to temporarily increase transaction failure for investors.
To comply with a rule change the U.S. Securities and Exchange Commission (SEC) adopted last February, investors in U.S. equities, corporate and municipal... (continue reading...)
MOSCOW (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that Moscow will retaliate with strikes on British targets if British weapons are used by Ukraine to strike Russian territory.
Zakharova told reporters that British targets "on Ukraine's territory and beyond its borders" could be hit in such a scenario.
She was repeating a warning that Moscow first issued earlier this month after British Foreign... (continue reading...)
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a post-pandemic pickup in surgical volumes at hospitals boosted demand for its medical devices.
Medtronic joins medical device makers such as Abbott Laboratories and Boston Scientific that have also benefited from soaring demand for non-urgent surgeries.
The company's revenue for the quarter rose 0.5% to $8.59 billion, beating... (continue reading...)
(Reuters) - AI has become a major tool in gaming, but human creativity remains crucial to developing games, the CEO of Tomb Raider franchise owner Embracer told Reuters on Thursday.
Embracer is in the midst of a strategy shift as it adapts to a rapidly evolving global gaming landscape and is preparing to split its business into three listed companies by 2025.
"AI (artificial intelligence) is important and it's here affecting the whole... (continue reading...)
By Lucy Papachristou
LONDON (Reuters) - A leading Russian rights group says it has received a notice from YouTube threatening to block access in Russia to one of its video channels featuring news on the war in Ukraine.
OVD-Info, an independent protest monitoring network, said it had received an email from YouTube in early May saying that the Russian communications regulator Roskomnadzor had found content on the channel that violated a law... (continue reading...)
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