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Schlumberger, Subsea 7 and Aker Solutions to form subsea engineering firm
OSLO (Reuters) - U.S. engineering firm Schlumberger and Norway's Aker Solutions plan to merge their subsea oil and gas construction business and to bring in a third rival, Oslo-listed Subsea 7, as a p...
Syndicated Content Aug 30, 2022
Kyocera founder Kazuo Inamori dies – Jiji
TOKYO (Reuters) - Kyocera Corp founder Kazuo Inamori has died, the Jiji news agency said on Tuesday. No other information was immediately avilable. (Reporting by Mariko Katsumura; Editing by Kim Coghi...
Syndicated Content Aug 30, 2022
Analysis-Surging energy prices create perfect storm for UK bonds
By David Milliken LONDON (Reuters) - British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, tighter mone...
Syndicated Content Aug 30, 2022
Morgan Stanley orders internal lawyer to supervise block trading desk- FT
(Reuters) - Morgan Stanley has appointed an internal lawyer to shadow a unit of the bank subject to a federal probe into block trading, the Financial Times reported on Tuesday, citing people briefed o...
Syndicated Content Aug 30, 2022
Cryptoverse: Bleeding bitcoin’s holding out for a hero
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Who can save bitcoin? The world's biggest cryptocurrency can't seem to catch a break. It finally looked to be regaining strength this month, breac...
Syndicated Content Aug 30, 2022
China pledges to lift economy with stable employment, prices in H2
BEIJING (Reuters) -China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic outcomes, the country's finance ministry said on ...
Syndicated Content Aug 30, 2022
Marketmind: Inflation – the only game in town
A look at the day ahead in European and global markets from Anshuman DagaWith just a week to go before the European Central Bank (ECB) meets, inflation data takes centre stage for investors. But will ...
Syndicated Content Aug 30, 2022
Toyota’s July global vehicle output drops again, puts annual target in doubt
(Reuters) - Toyota Motor Corp said on Tuesday its July global vehicle production fell 8.6% year-on-year, missing its target for four straight months, as COVID outbreaks, severe weather and a recall pr...
Syndicated Content Aug 29, 2022
PIMCO cut big position in Russia CDS by adding bonds in Q2
By Davide Barbuscia NEW YORK (Reuters) - PIMCO's largest investment fund bought Russia government international bonds and hedged its position through credit default swaps (CDS) in the second quarter -...
Syndicated Content Aug 29, 2022
China to set up firewall between bankers, analysts in IPO deals -paper
SHANGHAI (Reuters) - China's securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs...
Syndicated Content Aug 29, 2022
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