Category Archives:
HSBC’s top shareholder calls for banking giant’s break-up – FT
(Reuters) - HSBC Holdings's largest shareholder, Chinese insurance giant Ping An, has called for the British bank to break itself up, the Financial Times reported on Friday. Ping An has set out its pl...
Apr 29, 2022
Colombia’s Avianca to merge with low-cost airline Viva
BOGOTA (Reuters) - Flag-carrier Avianca has agreed to merge with Viva, another of Colombia's most important commercial airlines, while keeping separate branding and strategies, the firms said on Frida...
Apr 29, 2022
Europe strains for clarity as Russia stands by roubles-for-gas demand
By Kate Abnett and Francesco Guarascio BRUSSELS (Reuters) - Companies and countries were at odds over Moscow's rouble-for-gas payment system on Friday, while European officials promised more guidance ...
Apr 29, 2022
Credit Suisse board has major investors’ backing – chairman
ZURICH (Reuters) - Credit Suisse's roughly 10 key investors back the bank's board and its strategy, Chairman Axel Lehmann told Swiss newspaper NZZ. While unhappy over the bank's dwindling share price ...
Apr 29, 2022
A Minute with: K-pop band ATEEZ on songs, influences and touring
By Lisa Keddie LONDON (Reuters) - K-pop band ATEEZ will play London's Wembley stadium on Saturday as part of their world tour, which was delayed from 2020 by the COVID-19 pandemic. Known for songs lik...
Apr 29, 2022
Mexico’s Citibanamex moves closer to inking sale, executive says
MEXICO CITY (Reuters) - Citibanamex, Citigroup's Mexican consumer banking arm, started sharing information with potential bidders, one of the first steps in a process to find a new owner, Chief Execut...
Apr 29, 2022
Exxon rejects California AG allegations on role in plastic pollution
By Sabrina Valle and Valerie Volcovici WASHINGTON (Reuters) - Exxon Mobil Corp on Friday rejected allegations made by California's Attorney General office on the company's alleged role in causing the ...
Apr 29, 2022
Factbox – Companies count the cost of ditching Russia
(Reuters) - Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow's invasion of Ukraine on Feb. 24 have started to report associated losses. These are f...
Apr 29, 2022
Negative-yielding corporate debt disappears as euro yields hit 8-year high
By Yoruk Bahceli (Reuters) - Yields on euro investment-grade corporate bonds have climbed to their highest in over eight years, a widely-followed index showed on Friday. Surging bond yields this year ...
Apr 29, 2022
Russia makes last-gasp dollar bond payments in bid to avoid default
(Reuters) - Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite previously vowing they wou...
Apr 29, 2022
Peoria, IL, USA
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