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Exchange operators re-enable routing for Members Exchange after brief pause May 28, 2024 09:53AM

(Reuters) - Several exchange operators on Tuesday re-enabled routing to Members Exchange (MEMX) after disabling it for a brief period.

MEMX Equities delayed the opening of its pre-market session to 08:45 a.m. ET as the stock exchange encountered an issue. It did not clarify what the issue was.

The exchange normally starts its pre-market trading session at 7:00 a.m. ET, according to its website.

The New York Stock Exchange... (continue reading...)


Malta's ex-PM Muscat faces corruption charges in court May 28, 2024 09:47AM

VALLETTA (Reuters) - Maltese prosecutors on Tuesday formally charged former prime minister Joseph Muscat with corruption over a 2015 public health contract as hundreds of supporters cheered for him outside a courthouse in Valletta.

The 50-year-old former Labour leader, in office from 2013 to 2020, pleaded "absolutely not guilty" to a list of charges including money laundering, soliciting bribes and criminal association.

His former chief... (continue reading...)


Baby found dead in stricken migrant boat heading for Italy May 28, 2024 09:45AM

LAMPEDUSA, Italy (Reuters) - The body of a five-month-old baby was found on Tuesday when some 85 migrants heading for Italy from Tunisia were rescued from distress at sea, according to a Reuters witness.

The infant girl, her mother and 4-year-old sister were in an unseaworthy boat laden with migrants that had set off from Sfax in Tunisia two days earlier bound for Italy, according to charity group SOS Humanity.

SOS Humanity workers aboard... (continue reading...)


US Supreme Court rebuffs lawyer Michael Avenatti's bid to overturn Nike-related convictions May 28, 2024 09:41AM

By John Kruzel

WASHINGTON (Reuters) - The U.S. Supreme Court declined on Tuesday to hear a bid by imprisoned celebrity lawyer Michael Avenatti to overturn his conviction for defrauding a client and extorting athletic wear company Nike.

The justices turned away Avenatti's appeal after a lower court upheld his 2020 convictions.

In another trial, Avenatti in 2022 was convicted of defrauding a separate client, porn star Stormy... (continue reading...)


Gap, Abercrombie results to show if mall shoppers are splurging May 28, 2024 09:40AM

By Savyata Mishra and Juveria Tabassum

(Reuters) - Results from U.S. mall-based apparel chains this week will give a clearer picture of whether Americans are splurging on clothes and accessories heading into summer following mixed results from big retailers Walmart and Target.

Abercrombie and American Eagle are set to see revenue rise for at least their fifth straight quarter, while Gap is expected to post a marginal growth in comparable... (continue reading...)


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