Bangladesh central bank hires ‘Big Four’ audit firms to review banks it says lost $17 billion, FT reports
(Reuters) – Bangladesh’s central bank has hired three “Big Four” accounting firms – EY, Deloitte and KPMG – to audit banks it says lost $17 billion to business people close to the regime of former leader Sheikh Hasina, the Financial…
Analysis-Trump’s high-wire act to transform US power grid won’t be easy
By Tim McLaughlin and Laila Kearney (Reuters) – President Donald Trump’s oversight of an increasingly unreliable U.S. power grid requires swift action, he said this week, but there is no easy fix for one of the grid’s most complex and…
Trump administration halts environmental litigation, sidelines lawyers, sources say
By Sarah N. Lynch WASHINGTON (Reuters) -U.S. President Donald Trump’s administration has halted all pending environmental litigation and reassigned four career Justice Department attorneys focused on environmental issues, according to three sources familiar with the matter and a pair of…
Exclusive-FTC chairman says COVID is long over, get back to the office
By Jody Godoy (Reuters) – The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the…
Trump administration asks federal agencies to terminate diversity roles
By Kanishka Singh WASHINGTON (Reuters) – U.S. President Donald Trump’s administration asked U.S. federal agencies on Friday to terminate roles and offices related to diversity, equity and inclusion programs, a memo circulated by the Office of Personnel Management showed. WHY…
India’s Religare says US businessman makes competing offer for stake
By Aditya Kalra NEW DELHI (Reuters) – India’s Religare Enterprises (NSE:RELG) said a U.S. businessman has made a proposal to acquire a 26% stake in it, the latest twist in the battle for control of the financial services company which…