Rogers service restored after Canada-wide outage, blames router malfunction

General view of the Rogers Building, Rogers Communications neighborhood in Toronto, Ontario, Canada, October 22, 2021. REUTERS/Carlos Osorio Sign up now for FREE unlimited access to Reuters.com Record July 9 (Reuters) – Rogers Communications (RCIB.TO) it said on Saturday that its services were almost fully operational after a massive outage it blamed on a router … Read more

Twitter Vows Legal Fight After Musk Withdraws From $44 Billion Deal

July 8 (Reuters) – Elon Musk, CEO of Tesla (TSLA.O) and the world’s richest person, said on Friday he would terminate his $44 billion deal to buy Twitter. (TWTR.N) because the social media company had breached multiple provisions of the merger agreement. Twitter Chairman Bret Taylor said on the microblogging platform that the board plans … Read more

Rogers Network Outage in Canada Affects Banks, Businesses and Consumers

General view of the Rogers Building, Rogers Communications neighborhood in Toronto, Ontario, Canada, October 22, 2021. REUTERS/Carlos Osorio Sign up now for FREE unlimited access to Reuters.com Record TORONTO, July 8 (Reuters) – A major service outage at Rogers Communications Inc. (RCIB.TO) Mobile and internet networks caused widespread outages across Canada on Friday, hitting banks, … Read more

Crypto Lender Voyager Digital Files for Bankruptcy

Stephen Ehrlich, CEO and co-founder of Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record Jul 6 (Reuters) – US crypto lender Voyager Digital (VOYG.TO) said Wednesday that it has filed … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualifying money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by the Swiss Federal Criminal Court on Monday of failing to prevent money laundering by a Bulgarian gang of cocaine traffickers in … Read more

Russia enters default zone when payment deadline expires

The Spasskaya Tower clock showing the time at noon is pictured next to Moscow’s Kremlin and Saint Basil’s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Sign up now for FREE unlimited access to Reuters.com Record Grace period runs out on $100 million interest payment due May 27 Some Taiwanese bondholders missed payment on Monday: sources Russia … Read more

Latest Crypto Crash Leaves Punters Bruised and Bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings and earn some spending money from its double-digit interest rates along the way. “I was probably making $100 a week” at places like Celsius, said Fong, a 29-year-old civil aerospace worker who lives … Read more

Crypto Industry Fears Contagion as Bitcoin Drops Below $20,000

Representations of the virtual currencies Ripple, Bitcoin, Etherum and Litecoin are seen on a PC motherboard in this illustration image, February 14, 2018. REUTERS/Dado Ruvic/File photo Sign up now for FREE unlimited access to Reuters.com Record LONDON/HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday as Bitcoin struggled to stay … Read more

Huge Sell-Off Rocks Treasury Markets, Yield Curve Inverts

U.S. one-dollar bills are seen in front of the stock chart shown in this illustration taken on February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sign up now for FREE unlimited access to Reuters.com Record June 13 (Reuters) – Two-year U.S. Treasury yields rose above 10-year borrowing costs on Monday, the so-called curve inversion that often heralds … Read more

Credit Suisse shares soar on State Street takeover interest

The logo of Swiss bank Credit Suisse is seen at its headquarters at Paradeplatz square in Zurich, Switzerland, October 1, 2019. REUTERS/Arnd Wiegmann Sign up now for FREE unlimited access to Reuters.com Record MILAN, June 8 (Reuters) – Shares in Credit Suisse (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Paradeplatz interior report … Read more