Reuters UK/EU

Roller coaster March puts macro hedge funds in red, others post small gains

By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting double digit losses. Firms that concentrate on stocks, however, rode a late month market rally to small gains, according to investors and industry …

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‘Operation Cookie Monster’: International police action seizes dark web market

By Michael Holden, James Pearson and Christopher Bing WASHINGTON/LONDON (Reuters) -International law enforcement agencies have seized a sprawling dark web marketplace popular with cybercriminals, Britain’s National Crime Agency (NCA) said on Wednesday, in a multinational crackdown dubbed “Operation Cookie Monster.” A banner plastered across Genesis Market’s site late on Tuesday said domains belonging to the …

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Switzerland cuts bonus payouts for top Credit Suisse management

BERLIN (Reuters) -Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday. Under Swiss banking law, the Federal Council can impose bonus-related measures on a systemically important bank if it …

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Coronation roles for Prince George, Camilla’s grandchildren, says Buckingham Palace

LONDON (Reuters) -King Charles’s grandson Prince George and the grandchildren of the Queen Consort Camilla will play major roles in the coronation of the British monarch next month, Buckingham Palace confirmed on Tuesday. George, 9, the eldest son of heir to the throne Prince William, will be one of the king’s four pages of honour …

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Husband of ex-Scottish leader Sturgeon quizzed by police in SNP funding probe

By Russell Cheyne and Andrew MacAskill GLASGOW (Reuters) -The husband of former Scottish leader Nicola Sturgeon was held by police on Wednesday as part of an investigation into the funding of the governing pro-independence Scottish National Party before later being released without charge. Police Scotland said a 58-year-old man had been arrested at 0645 GMT …

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Portuguese NGO sues TikTok, says platform ‘profits from children’

LISBON (Reuters) – A Portugal-based European consumer protection group has sued short-video app TikTok for allegedly allowing children aged under 13 to sign up for an account without parental consent and failing to implement measures to protect them. The lawsuit came a day after Britain’s data watchdog said it had fined TikTok 12.7 million pounds …

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Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show

By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which is poised to debut on the market late in 2024 as a key part of the French-Italian automaker’s strategy to electrify its vehicle lineup. The 2025 model year Ram 1500 REV, introduced at the New …

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