Category Archives:
U.S. SEC investigating hedge fund Melvin Capital Management – WSJ
(Reuters) - The U.S. Securities and Exchange Commission is looking into hedge fund Melvin Capital Management's risk controls and investor disclosures, the Wall Street Journal reported on Thursday, cit...
Aug 11, 2022
Govt body asks Rain to retract its proposal to merge with Telkom
JOHANNESBURG (Reuters) - A government body has censured data network provider Rain for offering a proposal to merge with bigger rival Telkom SA saying the company had not sought prior approval. Rain, ...
Aug 11, 2022
Copper speculators anticipate downturn for market and the world
By Eric Onstad LONDON (Reuters) - Speculators in the copper market, viewed as an indicator of the health of the economy, are betting a global downturn means the metal used in power and construction ha...
Aug 11, 2022
Arrival to delay spending on bus project after posting wider loss
(Reuters) - British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project as it looks to secure more capital, sending its...
Aug 11, 2022
U.S. FTC considers crack down on commercial surveillance, data security practices
WASHINGTON (Reuters) - The U.S. Federal Trade Commission (FTC) on Thursday said it was considering adopting rules new rules to prohibit harmful commercial surveillance and lax data security. The FTC i...
Aug 11, 2022
Developers add less than half of planned U.S. solar capacity in H1 – EIA
(Reuters) - Power plant developers in the United States added less than half of the planned solar photovoltaic capacity in the half first of 2022, the U.S. Energy Information Administration said on Th...
Aug 11, 2022
Mark Carney to chair Brookfield Asset Management post-spin out
LONDON (Reuters) - Canadian investor Brookfield said former Bank of England Governor Mark Carney will become chair of its asset management division when it separately lists on the Toronto and New York...
Aug 11, 2022
Rupert Murdoch and Jerry Hall finalize their divorce, remain ‘friends’
LOS ANGELES (Reuters) - Actress and model Jerry Hall and media mogul Rupert Murdoch have finalized their divorce, according to a statement released by the couple. The 66-year-old Hall filed for divorc...
Aug 11, 2022
BlackRock launches spot bitcoin private trust for U.S. clients
(Reuters) - BlackRock Inc, the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website. The tru...
Aug 11, 2022
German regulator fines Bank of America $5.3 million for reporting delays
FRANKFURT (Reuters) - Germany's financial market regulator BaFin said on Thursday that it had fined Bank of America 5.1 million euros ($5.28 million) for delays in reporting voting rights notification...
Aug 11, 2022
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