Category Archives:
Column: Macro hedge funds pray for volatility to justify inflows
By Jamie McGeever ORLANDO, Fla. (Reuters) - Macro hedge funds drew in huge inflows and chalked up stellar returns in the second quarter, but stubbornly low volatility and an eerie calm over financial ...
Sep 13, 2021
Big Tech cloud services could face resilience test, says Bank of England
LONDON (Reuters) - Amazon, Google and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing, a senior Bank of England offi...
Sep 13, 2021
Reuters President Michael Friedenberg to leave by end of year
By Kenneth Li (Reuters) - Michael Friedenberg, president of Reuters, on Monday said he will leave the company at the end of 2021. In a company memo Thomson Reuters Corp, the parent company of Reuters,...
Sep 13, 2021
Walmart to accept litecoin payments
(Reuters) - Walmart Inc said on Monday it has partnered with litecoin to allow its customers to make payments with cryptocurrencies. "Starting October 1st, all eCommerce stores will have implemented a...
Sep 13, 2021
U.S. SEC fines media firms over $539 million for illegal securities offerings
(Reuters) - Three media companies have agreed to pay more than $539 million to settle U.S. Securities and Exchange Commission (SEC) charges over illegal offerings of stock and digital assets, the regu...
Sep 13, 2021
U.S. House Democrats seek corporate tax increase to 26.5 percent
WASHINGTON (Reuters) -Leading Democrats in the U.S. House of Representatives said on Monday that they are seeking to raise the nation's tax rate on corporations to 26.5 percent, up from the current 21...
Sep 13, 2021
Live Nation resumes stalled acquisition of Mexican entertainment firm Ocesa
MEXICO CITY (Reuters) -U.S. firm Live Nation Entertainment resumed its acquisition of Mexican entertainment firm Mexican entertainment firm Ocesa, in which broadcaster Televisa holds a 40% stake, acco...
Sep 13, 2021
Nubank partners with SoftBank-backed lending fintech Creditas
SAO PAULO (Reuters) - Brazilian financial startup Nubank has formed a partnership with SoftBank-backed lending fintech Creditas to offer loans to its clients, according to a joint statement on Monday....
Sep 13, 2021
Disgruntled China Evergrande investors crowd headquarters in protest
By David Kirton SHENZHEN, China (Reuters) -Chaotic scenes erupted at the headquarters of cash-strapped developer China Evergrande Group on Monday, as roughly 100 disgruntled investors crowded its lobb...
Sep 13, 2021
Former head of SEC’s complex products group goes to private practice
WASHINGTON/NEW YORK (Reuters) - Longtime U.S. Securities and Exchange Commission (SEC) enforcement official Daniel Michael is joining a law firm after more than a decade at the securities regulator. M...
Sep 13, 2021
Peoria, IL, USA
63 °F Rain, Mist
