US pharmacy outage triggered by ‘Blackcat’ ransomware at UnitedHealth unit, sources say
By Raphael Satter and Christopher Bing WASHINGTON (Reuters) – Hackers working for the ‘Blackcat’ ransomware gang are behind the outage…
Author: The Trading Report
Pentagon absolves itself after Austin’s secret hospitalization
WASHINGTON (Reuters) – The Pentagon on Monday released the results of a 30-day review that effectively absolved itself of any…
US names new special envoy to Sudan in push to end war
By Daphne Psaledakis WASHINGTON (Reuters) – The United States will appoint a new special envoy for Sudan on Monday, as…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…
Exclusive-Brazil readies broad FX hedging program with $2 billion in derivatives for green investments
By Marcela Ayres BRASILIA (Reuters) – Brazil’s government will announce on Monday new measures to help foreigners with foreign exchange…
Reddit plans to reserve shares for its big users in IPO, WSJ reports
(Reuters) -Social media platform Reddit plans to sell a chunk of its IPO shares to its platform’s users, the Wall…
Wall St ends sharply lower as hot inflation sparks sell-off
By Johann M Cherian, Ankika Biswas and Carolina Mandl (Reuters) -Wall Street’s main indexes tumbled on Tuesday after a higher-than-expected…
Storm dumps more than a foot of snow on parts of US Northeast
By Brendan O’Brien and Rich McKay (Reuters) – A powerful, fast-moving winter storm dumped more than a foot of snow…
Dollar slips, Fed policy path on interest rates in focus
By Herbert Lash and Stefano Rebaudo NEW YORK (Reuters) -The dollar slid against major currencies on Tuesday, a day after…