Regulator asks for Credit Suisse directors’ mobile data in spy inquiry: sources


FRANKFURT/ZURICH (Reuters) – Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/File Photo

    Switzerland’s markets watchdog FINMA is examining the culture and governance at one of Europe’s largest banks and whether management control failures allowed spying on former executive board members Iqbal Khan and Peter Goerke, the sources told

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New York asks major sports leagues to open season without fans, Gov. Cuomo says


New York Gov. Andrew Cuomo said he’s asked major league sports teams to start planning to reopen or start their seasons without fans, adding that the state is willing to help. 

“New York state will help those major sport franchises to do just that,” Cuomo said at his daily news briefing. “Hockey, basketball, baseball, football, whoever can reopen we’re a ready, willing and able partner.”

While the stadiums aren’t allowed to have fans, he said the games could still be televised. Cuomo said he believes whether sports franchises choose to return will depend on if they’re able to make money

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China asks United States to stop ‘unreasonable suppression’ of Huawei


FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo

BEIJING/HONG KONG (Reuters) – China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei, and a Chinese newspaper said the government was ready to retaliate against Washington.

The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment company Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment.

China will firmly defend its companies’

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Starbucks asks for a break on rent for the next year


A person wears a protective face mask outside Starbucks in Kips Bay during the coronavirus pandemic on May 13, 2020 in New York City.

Noam Galai | Getty Images

Starbucks sent a letter to landlords demanding a break on rent for the next year as the coronavirus pandemic hammers U.S. sales. 

The restaurant company, one of the largest in the country by number of stores, told landlords that starting June 1, for at least the next 12 months, it will need changes to lease terms and base rent.

The Seattle Times first reported Starbucks’ request for rent relief.


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