Category Archives:
Italy in talks with EU to hive off MPS’ legal risks – source
ROME (Reuters) - Italy's Treasury has started discussing with European Union authorities a plan to spin off non-ordinary litigation risks weighing on Monte dei Paschi di Siena (MPS) and keep them in s...
Jul 30, 2021
U.S. House advances bills to address Archegos, GameStop turmoil
By Pete Schroeder and Svea Herbst-Bayliss WASHINGTON (Reuters) - Wealthy families that set up investment funds known as "family offices" to manage their personal wealth would face stricter oversight f...
Jul 30, 2021
Citigroup gets regulatory nod for fund custody business in China
SHANGHAI (Reuters) - Citigroup said on Friday it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping into the country's $19 trillion asset...
Jul 30, 2021
U.S. oil services firm Baker Hughes to buy back $2 billion in shares
By Liz Hampton and Arathy S Nair (Reuters) -U.S. oilfield services provider Baker Hughes Co said on Friday it had authorized Baker Hughes Holdings LLC to repurchase up to $2 billion of its common unit...
Jul 30, 2021
Farm produce giant Dole valued at $1.4 billion in NYSE debut as shares fall
(Reuters) -Dole Plc shares fell more than 6% in their New York Stock Exchange debut on Friday, giving the fruit and vegetable grower a valuation of nearly $1.4 billion. The company's stock opened at $...
Jul 30, 2021
Global bonds in July notch up best month since 2020 COVID meltdown
By Yoruk Bahceli (Reuters) - Government bonds enjoyed their biggest monthly rally in July since at least March 2020, driven by risks from the COVID-19 Delta variant and central bank assurances that a ...
Jul 30, 2021
Philadelphia officials signal plan to reject election audit request
(Reuters) - Philadelphia officials are planning to reject a Republican lawmaker's request for access to the city's voting machines as part of a "forensic investigation" into the 2020 election, accordi...
Jul 30, 2021
Healthcare group Fresenius raises 2021 forecasts
By Zuzanna Szymanska and Karl Badohal (Reuters) - German healthcare group Fresenius raised 2021 targets though it saw a weaker third quarter, saying progress on its cost-cutting plan should offset tro...
Jul 30, 2021
Factbox-What the U.S. securities regulator wants Chinese issuers to disclose
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission will not process registrations of securities by Chinese companies unless they provide disclosures on the implicati...
Jul 30, 2021
‘Don’t want to miss it’: Robinhood IPO loyalists stay the course
By Krystal Hu (Reuters) - Rick Ornelas got into Robinhood Markets Inc's initial public offering (IPO) every way he could. As a user of the trading app, the Houston-based author of life-coaching books ...
Jul 30, 2021
Peoria, IL, USA
64 °F Fog
