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

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

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

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

Yellen says inflation will stay high, Biden likely to raise forecast

WASHINGTON, June 7 (Reuters) – U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and that the Biden administration would likely raise the inflation forecast from 4.7 % for this year in your budget proposal. During a Senate Finance Committee hearing, Yellen said the United States was dealing … Read more

Exclusive: Musk Twitter Deal Threats Freeze New Funding: Sources

June 7 (Reuters) – Elon Musk’s efforts to secure new financing will limit his cash contribution to his $44 billion acquisition of Twitter Inc. (TWTR.N) have been put on hold due to uncertainty surrounding the deal, people familiar with the matter said. Musk has been threatening to back out of the deal unless the social … Read more

Ukrainian troops hold out as Russia storms the Sievierodonetsk wasteland

Russian forces slowly advance in the city center of Sievierodonetsk Thousands of civilians trapped in Sievierodonetsk EU resolves impasse over Russian oil ban Kyiv, May 31 (Reuters) – Ukrainian forces held out in Sievierodonetsk on Tuesday, resisting Russia’s all-out assault to capture a bombed-out wasteland that Moscow has made the main target of its invasion … Read more