Category Archives:
Japan’s SMBC CEO is watching out for chances to expand US assets
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) - The new head of Sumitomo Mitsui Banking Corp (SMBC) said the Japanese bank is watching closely for chances to buy assets in the United States, ...
Apr 03, 2023
German regulator hands EY 2-year audit ban over Wirecard scandal – Handelsblatt
BERLIN (Reuters) - German accounting watchdog APAS has banned EY from taking on new audits for companies of public interest for two years and has handed the firm a 500,000 euro ($541,650.00) fine, Ger...
Apr 03, 2023
Euro zone factory downturn deepened in March -PMI
LONDON (Reuters) - Activity at struggling factories across the euro zone fell further last month as consumers feeling the pinch from rising living costs cut back, according to a survey which did show ...
Apr 03, 2023
German manufacturing activity downturn deepened in March -PMI
BERLIN (Reuters) - German manufacturing activity shrank in March at the fastest pace in almost three years, a survey showed on Monday. S&P Global's final Purchasing Managers' Index (PMI) for manufactu...
Apr 03, 2023
China dissatisfied with Japan’s chip export restrictions -spokesperson
BEIJING (Reuters) - China was strongly dissatisfied with Japan's export restrictions on chip manufacturing equipment, Chinese foreign ministry spokesperson Mao Ning said on Monday. China hoped Japan w...
Apr 03, 2023
Chinese lenders focus on risk management amid global banking crisis
BEIJING (Reuters) - China's top lenders should enhance risk management practices and be more sensitive to macroeconomic fluctuations, senior Chinese banking officials said, in response to a global ban...
Apr 03, 2023
UniCredit kicks off first tranche of share buyback for 2.34 billion euros
MILAN (Reuters) - UniCredit will kick off on Monday the first tranche of a share repurchase programme which received supervisory approval last week, a key part of Chief Executive Andrea Orcel's plans ...
Apr 03, 2023
Western Digital reports network security incident
(Reuters) - Data storage devices maker Western Digital Corp on Monday said it is looking into a network security incident, after a breach in some systems disrupted parts of its business operations. Th...
Apr 03, 2023
Evonik announces job cuts in pet food unit
(Reuters) - German specialty chemicals producer Evonik on Monday announced the restructuring of its pet food unit, including cost savings of 200 million euros ($216.50 million) from 2025 onwards and a...
Apr 03, 2023
Suspended software firm WANdisco’s CEO and CFO step down
LONDON (Reuters) - WANdisco, the British software company whose shares are suspended while it investigates possible fraud, said its co-founder and chief executive David Richards and CFO Erik Miller ha...
Apr 03, 2023
Peoria, IL, USA
58 °F Light Rain, Mist
