Category Archives:
Credit Suisse Chairman Horta-Osorio resigns over COVID-19 breaches
LONDON (Reuters) - The departure of Credit Suisse chairman Antonio Horta-Osorio has raised concern about whether the embattled lender will stick to its strategic overhaul plans after he was hired to h...
Jan 17, 2022
Treasury’s Yellen sees ‘much more work’ ahead to narrow racial wealth divide
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Treasury took key steps over the past year to address longstanding economic injustices facing Americans of color, but still has "much more work" ahead ...
Jan 17, 2022
Russia fines Google for not deleting banned content
MOSCOW (Reuters) - A Moscow court on Monday said it had ordered Alphabet's Google to pay 4 million roubles ($52,526) for not removing access to content banned in Russia, the latest in a string of fine...
Jan 17, 2022
China’s digital yuan wallets swell but usage lags
SHANGHAI (Reuters) - China's digital currency has debuted on app stores with fanfare, with online wallets for the electronic yuan seeing mass adoption in the two weeks since a public launch, yet its a...
Jan 17, 2022
Cinda, under Beijing pressure, scraps $944 million investment in Ant unit -sources
(Reuters) - China Cinda Asset Management Co Ltd scrapped a deal to buy a 20% stake worth about $944 million in fintech giant Ant Group's consumer finance arm because of pressure from state authorities...
Jan 17, 2022
Macau casino operators gain billions as govt keeps licences at six, Sands China soars
By Donny Kwok HONG KONG (Reuters) -Shares of Macau's top casino operators racked up as much as HK$65.53 billion ($8.42 billion) on Monday - or 15% of their market value - as the government of the worl...
Jan 17, 2022
European shares inch higher with focus on UK M&A, Credit Suisse slips
(Reuters) - European stocks edged higher on Monday, with deal talks related to British consumer companies boosting the bluechip FTSE 100, while shares in Credit Suisse slipped after the Swiss bank's c...
Jan 17, 2022
Five things to know about Credit Suisse’s new chairman Lehmann
(Reuters) - Credit Suisse's chairman Antonio Horta-Osorio resigned on Monday following an investigation by the Swiss bank's board into his personal conduct. He will be replaced by Axel Lehmann, who jo...
Jan 17, 2022
Unilever says GSK consumer arm ‘strong strategic fit’ for business
(Reuters) -Dove soap maker Unilever signalled on Monday it would pursue a deal for GlaxoSmithKline's consumer health business, calling it a "strong strategic fit" after its 50-billion-pound approach (...
Jan 17, 2022
Delfin’s Romolo Bardin resigns from Generali board
ROME (Reuters) - The Chief Executive of Leonardo del Vecchio's holding company Delfin, Romolo Bardin, has resigned from the board of Generali, Italy's top insurer said in a statement on Monday. The ex...
Jan 17, 2022
Peoria, IL, USA
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