Category Archives:
Explainer-How Invesco and Indian TV giant Zee got caught in legal row
By Abhirup Roy and Aditya Kalra NEW DELHI (Reuters) - Indian TV network Zee Entertainment is locked in a legal battle with its top investor Invesco after the U.S. firm, citing corporate governance con...
Oct 13, 2021
Analysis-Giving up control pays big for private equity executives
By Chibuike Oguh and Jessica DiNapoli (Reuters) - Changes in the share structure of KKR & Co Inc, Apollo Global Management Inc and Carlyle Group Inc that strip the private equity firms' founders of vo...
Oct 13, 2021
‘Great financing divide’ between rich, poor nations slows recovery – IMF
By Andrea Shalal WASHINGTON (Reuters) - Economic growth in poorer countries will likely lag pre-pandemic expectations for years, given gaps in vaccination rates, revenue growth and the ability to borr...
Oct 13, 2021
India’s Infosys raises annual revenue outlook on digital services demand
BENGALURU (Reuters) -Infosys Ltd on Wednesday raised its annual revenue outlook, as India's second-largest IT services firm bets on more contracts from global businesses expanding their digital offeri...
Oct 13, 2021
Analysis-Inflation revival is a victory, not a defeat, for central banks
By Balazs Koranyi FRANKFURT (Reuters) - Yes, inflation is back, and you should probably be relieved if not outright happy. That is the verdict of the world's top central banks, who hope they have hit ...
Oct 13, 2021
JPMorgan profit surges on M&A boom
(Reuters) - JPMorgan Chase & Co reported a jump in third-quarter earnings on Wednesday, as the largest U.S. bank's Wall Street arm capitalized on a global dealmaking boom. JPMorgan's net income rose t...
Oct 13, 2021
Futures rise ahead of JPMorgan results, inflation data
(Reuters) - U.S. stock index futures edged higher on Wednesday ahead of quarterly results from JPMorgan which will kick off the corporate earnings season, with investors awaiting inflation data for cl...
Oct 13, 2021
BlackRock quarterly profit beats estimates as rise in assets boosts fee income
(Reuters) -BlackRock Inc, the world's largest money manager beat third-quarter profit estimates as an improving economy helped boost its assets under management, driving up fee income. BlackRock ended...
Oct 13, 2021
Europe’s carmakers face raw material bottleneck for EV batteries
By Ilona Wissenbach FRANKFURT (Reuters) - Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they se...
Oct 13, 2021
Volvo Trucks says launches world’s first fossil-free steel vehicle
STOCKHOLM (Reuters) - Truck maker AB Volvo said on Wednesday it had produced a prototype of what it said would be the world's first vehicles made of fossil-free steel. Volvo and steel-maker SSAB annou...
Oct 13, 2021
Peoria, IL, USA
44 °F Mist
