U.S. biofuel groups urge EPA to curb oil refinery waivers despite ruling
U.S. biofuel and corn industry groups said on Monday they are urging the Environmental Protection Agency to use restraint in its use of waivers exempting refiners from their biofuel blending obligations after the Supreme Court last week upheld the controversial program.
S&P Global cuts India’s growth forecasts, trims EM overall
S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
Crypto firms drop British registration bids amid scrutiny
A growing number of crypto asset firms are abandoning attempts to register with Britain’s financial regulator as global scrutiny of the rapidly-growing sector intensifies.
Bitcoin shrugs off UK crackdown on major crypto exchange Binance
Bitcoin on Monday shrugged off a move by Britain’s financial watchdog to target the major Binance exchange, in the latest sign of regulatory pressure on the emerging cryptocurrency sector.
Swiss bank UBS to let most staff adopt hybrid working
UBS Group (UBSG.S) will allow most staff to mix remote working with time spent in the office, Switzerland’s biggest bank said on Monday, taking a more relaxed approach than some of its Wall Street rivals.
Microsoft says new breach discovered in probe of suspected SolarWinds hackers
Microsoft (MSFT.O) said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers.
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
Dollar off to firm start as U.S. price data fail to quell inflation worries
The dollar held firm on Monday after slightly softer-than-expected U.S. inflation did little to chip away investors’ conviction that the Federal Reserve could tighten monetary policy if consumer price pressures continue to intensify.
Afterpay’s move to open to major U.S. merchants will boost margins, analysts say
Afterpay’s (APT.AX) move to expand its buy now, pay later service to major U.S. merchants it has not directly partnered with will boost sales and margins, analysts said on Thursday, as the Australian company’s shares rose nearly 8%.
Asian shares tread water, markets eye U.S. inflation signals
Asian shares marked time on Thursday, with China nudging lower, while the U.S. dollar held below an 11-week high as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction.
