WASHINGTON, April 29 (Reuters) - A coalition of business groups, rival railroads and organized labor on Wednesday said it opposes Union Pacific's ( UNP ) proposed $85 billion merger with Norfolk Southern ( NSC ), a day before the pair are set to file a revised application with the Surface Transportation Board. The coalition - which includes the American Chemistry...

* APRA warns banks lag in AI security, urges stronger cyber practices * Frontier AI like Anthropic's Mythos could enhance cyber attack risks, experts caution * S&P Global says AI may affect Asia Pacific banks' credit standing By Scott Murdoch SYDNEY, April 30 (Reuters) - Australia's financial system regulator said on Thursday the country's banks were not keeping pace with...

SINGAPORE, April 29 (Reuters) - The U.S. Treasury imposed sanctions on China's Hengli Petrochemical (Dalian) Refinery on Friday, accusing it of buying billions of dollars in Iranian oil, in a significant escalation of Washington's long-running effort to curb Tehran's oil revenue. The firm's Shanghai-listed parent firm Hengli Petrochemical denied doing business with Iran and said the sanctions lack factual and...

The shares of Twenty One Capital ( XXI ) , the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends to vote its shares in favor of combining XXI with Strike, a...