Updated

Investors tiptoe back into US bank stocks, regulators probe SVB collapse

By Chris Prentice (Reuters) – Bruised U.S. bank stocks regained some ground on Tuesday, as a sell-off sparked by Silicon Valley Bank’s collapse gave way to bargain-hunting by investors hopeful that efforts to shore up confidence would avert a wider financial crisis. Regulatory scrutiny of SVB’s demise last week – the largest U.S. bank failure …

Investors tiptoe back into US bank stocks, regulators probe SVB collapse Read More »

U.S. proposes limits for cancer-causing chemicals in drinking water

By Valerie Volcovici WASHINGTON (Reuters) -The U.S. Environmental Protection Agency on Tuesday proposed the first-ever national drinking water standard for six cancer-causing chemicals known as polyfluoroalkyl substances (PFAS). The proposal is a major milestone in the EPA’s strategy to tackle the human-made so-called “forever chemicals” found in water, air and food that have caused tens …

U.S. proposes limits for cancer-causing chemicals in drinking water Read More »

UK’s National Cyber Security Centre reviewing TikTok risks, minister says

By Kylie MacLellan LONDON (Reuters) -Britain’s National Cyber Security Centre is reviewing whether Chinese-owned video app TikTok should be banned from government phones, security minister Tom Tugendhat said on Tuesday. TikTok has come under increasing focus over fears that user data could end up in the hands of the Chinese government, undermining Western security interests. …

UK’s National Cyber Security Centre reviewing TikTok risks, minister says Read More »

Cyclone Freddy kills 190 in Malawi as rain complicates rescue efforts

By Frank Phiri BLANTYRE (Reuters) – Cyclone Freddy, one of the most powerful storms ever recorded in the southern hemisphere, has killed 190 people in Malawi after ripping through southern Africa for the second time in a month, Malawi’s government said on Tuesday. The district around the commercial hub of Blantyre was among the hardest-hit. …

Cyclone Freddy kills 190 in Malawi as rain complicates rescue efforts Read More »