Town Hall News

FRANKFURT (Reuters) – European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially in the case of the worst performers, the European Court of Auditors (ECA) said on Friday in a report that highlighted a number of shortcomings. The ECB supervises just over a hundred of the euro zone’s biggest banks and has long complained that lenders are not taking the risk of […]

By Daniel Becerril and Ted Hesson MATAMOROS, Mexico (Reuters) -The U.S. on Friday ended COVID-19 border restrictions that blocked many migrants at the border with Mexico, immediately replacing the so-called Title 42 order with a sweeping new asylum regulation meant to deter illegal crossings. But several last-minute court actions added confusion to how the new border policies will play out in coming days. Just before Title 42 was set to […]

By Mike Scarcella and Jahnavi Nidumolu NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd’s push to enforce an arbitration ruling in an engine dispute, with the U.S. company arguing in a Delaware court that the Indian airline’s bankruptcy filing has raised risks for it. The Indian airline, widely known as Go First, approached the Delaware court to enforce an arbitration order in Singapore against Pratt […]

TOKYO (Reuters) – Toyota Motor Corp said on Friday the vehicle data of about 2.15 million users was left publicly available in Japan because of setting errors in the cloud environment, for about a decade from November 2013 to April 2023. Leaked details could have included identification numbers for vehicle devices and the location of vehicles, but there have been no reports of malicious use, the company said. (Reporting by […]

(Reuters) – Seven-times world snooker champion Ronnie O’Sullivan said he lost “six to seven” years of his career to alcohol and drugs. O’Sullivan was stripped of his Irish Masters title in 1998 after a post-match drug test found evidence of cannabis in his system. He later acknowledged frequent abuse of drugs and alcohol in the early years of his career before he entered rehabilitation in 2000. “I lost six, seven […]

By Daniel Becerril and Ted Hesson MATAMOROS, Mexico (Reuters) -The U.S. on Friday ended COVID-19 border restrictions that blocked many migrants at the border with Mexico, immediately replacing the so-called Title 42 order with a sweeping new asylum regulation meant to deter illegal crossings. But several last-minute court actions added confusion to how the new border policies will play out in coming days. Just before Title 42 was set to […]

TOKYO (Reuters) – Toyota Motor Corp said on Friday the vehicle data of about 2.15 million users was left publicly available in Japan because of setting errors in the cloud environment, for about a decade from November 2013 to April 2023. Leaked details could have included identification numbers for vehicle devices and the location of vehicles, but there have been no reports of malicious use, the company said. (Reporting by […]

TOKYO (Reuters) – Toyota Motor Corp said on Friday the vehicle data of about 2.15 million users was left publicly available in Japan because of setting errors in the cloud environment, for about a decade from November 2013 to April 2023. Leaked details could have included identification numbers for vehicle devices and the location of vehicles, but there have been no reports of malicious use, the company said. (Reporting by […]

By Kiyoshi Takenaka and Sarah Wu TOKYO/TAIPEI (Reuters) -Shares of Taiwan’s Foxconn and its display affiliate Sharp Corp fell on Friday after the Japanese firm reported a surprise $1.9 billion loss due to writedowns related to its flat-screen assets. Sharp’s shares slid 8.3% on Friday, on track for their biggest one-day loss since February. Shares in Foxconn, Sharp’s top shareholder with a 34% direct stake, also dropped 2.4% to a […]