regulator
By Pete Schroeder WASHINGTON (Reuters) -Federal Deposit Insurance Corporation Chairman Martin Gruenberg will retire effective Jan. 19, he told colleagues on Tuesday, clearing the way for Republican President-elect Donald Trump to name new leadership to one of the top U.S. bank regulators. The pending departure of Gruenberg, a Democrat and…
By Timothy Gardner WASHINGTON (Reuters) -Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators “far exceeded” estimates, the U.S. nuclear power regulator said in a document published on Wednesday. President Joe Biden’s administration this week finalized a $1.52 billion conditional loan…
By Byron Kaye SYDNEY (Reuters) -Australia’s two dominant grocery chains have declared interests in more than 150 unrealised development sites, the antitrust regulator said, adding it was investigating whether “land banking” was hurting competition in the sector. The Australian Competition and Consumer Commission (ACCC) said Woolworths and Coles, which together…
The US Securities and Exchange Commission wants a federal judge to show Elon Musk that there will be serious costs if he blows off court-ordered testimony in the agency’s probe of his takeover of Twitter, according to court documents filed Friday.”Without further action by the Court, nothing deters Musk from…
By Tim Hepher, Rishav Chatterjee and Sneha Kumar (Reuters) – European regulators have pinpointed a potentially flawed cleaning process during maintenance as investigators probe an engine fire that caused a Cathay Pacific Airbus jet carrying 348 people to turn back to base. The European Union Aviation Safety Agency said on…
(Reuters) -Elon Musk’s satellite broadband firm, Starlink, on Tuesday said that it is complying with Brazil’s top court order to block access to social media platform X in the country, a day after informing the country’s regulator it would not obey the order. Starlink had emerged as a fresh battleground…
By Byron Kaye and Roushni Nair (Reuters) -Australia’s bank regulator on Friday raised the amount of spare cash that No. 3 lender ANZ must keep on hand due to suspected wide-ranging misconduct at its bond trading unit, the first financial fallout from the growing scandal. The Australian Prudential Regulation Authority…
By Valerie Volcovici PECOS COUNTY, Texas (Reuters) – On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap used a backhoe to uncover an abandoned or so-called zombie well that had sprung back to life despite being plugged just over a year earlier, hissing…
MUMBAI (Reuters) -U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market regulator Madhabi Puri Buch previously held investments in certain offshore funds that were also used by the Adani group. Buch did not immediately reply to a call and a…
By David Shepardson and Allison Lampert (Reuters) -Boeing’s plane deliveries to China have been delayed in recent weeks due to a Chinese regulatory review of batteries related to the cockpit voice recorder, a source familiar with the matter told Reuters. The U.S. planemaker said in a statement it is working…
