London-based digital-first healthcare platform Babylon Health has filed for chapter 7 bankruptcy in the United States for two subsidiaries — Babylon Healthcare and Babylon Inc. — as it shuts down core U.S. operations, according to documents filed on Aug. 9 in a Delaware bankruptcy court, Becker's Hospital Review reported. The filing comes shortly after a planned combination Babylon's core operating subsidiaries with MindMaze, digital neurotherapy company, collapsed.

Malaysia may pursue lawsuits against Goldman Sachs over the U.S. investment bank's role in the multi-billion dollar corruption scandal at state fund 1MDB, Prime Minister Anwar Ibrahim said in an interview with CNBC, Reuters reported. Goldman settled with Malaysia in 2020 by agreeing to pay $2.5 billion in cash and guaranteeing the return of $1.4 billion in assets to the country in exchange for dropping all criminal charges against the bank. But Anwar, who came to power in late 2022, said earlier this year that Malaysia was re-evaluating the deal as the settlement sum was small.

The U.S. Commerce Department on Thursday said it will set preliminary anti-dumping duties on tin-plated steel from Canada, Germany and China, in a move to shield domestic steelmakers that will prompt warnings of higher prices for cans made from the steel and the foods, paint and other products they contain, Reuters reported. The department said it will propose preliminary anti-dumping duties of 122.5% on tin mill steel imported from China, 7.02% on imports from Germany and 5.29% on imports from Canada. A formal Federal Register notice is expected later on Thursday.

Global regulators spent more than a decade trying to ensure that a large bank could fail without any government support. Despite this year’s bank failures, they are still working on it, the Wall Street Journal reported. Global regulators are reviewing the March failures, including Credit Suisse’s collapse and Swiss officials’ decision to push UBS to acquire its rival in a deal with billions of public money, people familiar with the probe said.

WeWork's warning of a bankruptcy risk would not have an impact on its India unit, regional CEO Karan Virwani said on Wednesday, Reuters reported. New York-based WeWork, which was valued at $47 billion in 2019, on Tuesday raised "substantial" doubt around the continuance of its operations and warned of a possible bankruptcy. WeWork India, which is backed and owned in majority by Indian real estate firm Embassy Group, said it was focused on growth with sustained profitability and the fundamentals of its business remain strong.

The United States, United Kingdom, and Canada slapped sanctions Thursday on Lebanon's embattled former central bank governor and a handful of close relatives and associates over allegations of corruption, the U.S. Treasury Department said, the Associated Press reported. Riad Salameh, 73, ended his 30-year tenure on July 31 under a cloud of investigation and blame for his country's historic economic crisis. France, Germany, and Luxembourg are investigating Salameh and close associates over alleged financial crimes, including illicit enrichment and the laundering of $330 million.

FTX Dubai, which was created just months before the global crypto exchange collapsed last November, is asking to be exempt from U.S. bankruptcy proceedings, TheStreet.com reported. “FTX Dubai is balance-sheet solvent. Therefore, the debtors believe that a solvent voluntary liquidation procedure in accordance with the laws of the United Arab Emirates would allow a timely distribution of the positive cash balance after payment of all outstanding liabilities and liquidation of all assets," court documents said.

Asian regulators have stolen a march on the U.S. by clarifying crypto rules, exemplified by Hong Kong’s first licenses for trading platforms under the city’s new digital-asset framework, Bloomberg News reported. Hong Kong opened up to mass-market trading following confirmation Thursday that HashKey Exchange and OSL had won permits that legalize the retail trading of tokens, part of the city’s push to become a global hub for virtual assets.

National Bank of Canada said on Tuesday it has agreed to buy collapsed U.S. regional lender Silicon Valley Bank's Canadian commercial loan portfolio, as the smallest of Canada's top six lenders looks to expand its footprint in the tech sector and diversify its loan book, Reuters reported. National Bank said in a statement it will acquire the C$1 billion ($752 million) loan portfolio made up of technology, life science and global fund banking sectors. Around C$325 million of that is outstanding.

Cineworld Group said it has emerged from chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board, Reuters reported. The world's second largest cinema chain operator behind AMC Entertainment said it has appointed former Chair and CEO of Warner Bros Ann Sarnoff to its board, along with four other members to join new Chairman Eric Foss and CEO Eduardo Acuna. The movie chain operator and owner of brands such as Regal, Cinema City, Picturehouse and Planet had filed for U.S. bankruptcy in early September to restructure its massive debt.