Category Archives:
Bank of England says weakening regulators would undermine market reforms
LONDON (Reuters) -Weakening the independence of regulators would undermine reforms to bolster Britain's finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals fro...
Aug 11, 2022
Former deputy GM of China Electronics Corp under investigation – anti-graft watchdog
SHANGHAI (Reuters) - The former deputy general manager of Chinese state-backed tech giant China Electronics Corporation Holdings Co Ltd Xiang Zihong has been placed under investigation for a suspected...
Aug 11, 2022
Ping An sees HSBC overstating spin-off challenges – source
HONG KONG (Reuters) - Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, according to a source with direct knowledge of the ...
Aug 11, 2022
Credit Suisse investor Harris says stake increase reflects reporting change
ZURICH (Reuters) - Credit Suisse shareholder Harris Associates' increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, Finanz und Wirtschaft report...
Aug 11, 2022
Ladbrokes owner Entain buys into Europe as gambling pays dividends
By Radhika Anilkumar (Reuters) -British betting group Entain said it would buy Croatia's SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, Coral ...
Aug 11, 2022
El Al CEO sees approval for Saudi-Oman corridor within days
By Steven Scheer JERUSALEM (Reuters) -Permission for El Al Israel Airlines to fly over Oman is expected in "a matter of days", chief executive Dina Ben-Tal said on Thursday, a move that would be a big...
Aug 11, 2022
Deutsche Telekom CEO eyes majority stake in T-Mobile US
BERLIN (Reuters) - Acquiring a majority stake in T-Mobile U.S. is a priority for Deutsche Telekom's chief executive Timotheus Hoettgas, he said on Thursday after the telecoms operator published its se...
Aug 11, 2022
Russian law firm seeks to unfreeze funds tied up with Euroclear
MOSCOW (Reuters) - Russian law firm Rybalkin, Gortsunyan, Dyakin & Partners (RGD) plans to appeal to Euroclear clearing house to help unfreeze funds of investors in foreign securities that were tied u...
Aug 11, 2022
Ferragamo partners with Farfetch to boost online presence
MILAN (Reuters) - Italian fashion house Salvatore Ferragamo on Thursday said it had struck a partnership with online luxury shopping retailer Farfetch to expand its digital presence targeting younger ...
Aug 11, 2022
European shares open higher; Aegon leads gains among insurers
(Reuters) - European shares opened higher on Thursday to extend gains from the previous session after data showed signs of U.S. inflation cooling, while Dutch insurer Aegon climbed after raising its f...
Aug 11, 2022
Peoria, IL, USA
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