Category Archives:
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
(Reuters) -Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset the $864 million writedown related to GreenSky fintech business and investments in ...
Oct 17, 2023
Vodafone, Three execs tell lawmakers their UK merger will benefit 5G, jobs
LONDON (Reuters) - Executives from Vodafone and CK Hutchison's Three UK unit said their 15 billion pound ($18 billion) merger would benefit Britain's consumers, infrastructure and jobs, as lawmakers s...
Oct 17, 2023
Nigeria destroys seized pangolin parts to deter wildlife trafficking
By Camillus Eboh ABUJA (Reuters) - Nigeria has burned four tonnes of seized pangolin scales, valued at $1.4 million, the first time it has publicly destroyed seized wildlife products to discourage ill...
Oct 17, 2023
Russia fines Zoom $1.18 million for operating without local office -RIA
MOSCOW (Reuters) - A Russian court on Tuesday fined Zoom Video Communications 115 million roubles ($1.18 million) for operating without opening a local office, the RIA news agency reported. Zoom did n...
Oct 17, 2023
Choice Hotels offers to buy Wyndham for $7.8 billion
(Reuters) -Choice Hotels on Tuesday proposed to acquire Wyndham Hotels and Resorts for about $7.8 billion in a cash and stock deal that would create a U.S. budget hotel giant. Shares of Wyndham rose a...
Oct 17, 2023
BofA profit rises on higher interest income, surprise investment banking gain
(Reuters) -Bank of America's profit rose in the third quarter as it joined rivals in earning more from interest payments by its customers, while investment banking and trading fared better than expect...
Oct 17, 2023
What risk? China investors snap up local government bonds as Beijing tackles big debts
By Li Gu and Tom Westbrook (Reuters) - Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers, as Beijing's fresh attempts to re...
Oct 17, 2023
BNY Mellon beats profit estimates on boost from higher interest rates
(Reuters) - Bank of New York Mellon Corp beat Wall Street estimates for third-quarter profit on Tuesday, as rate hikes by the U.S. Federal Reserve bolstered the lender's income from loans. Banks have ...
Oct 17, 2023
Executives leave BlackRock, ISS to lead governance at Longacre Square
By Svea Herbst-Bayliss NEW YORK (Reuters) - Two executives who helped make recommendations in some of America's biggest proxy contests and contested mergers left BlackRock and Institutional Shareholde...
Oct 17, 2023
Basel proposes crypto disclosures by banks from January 2025
LONDON (Reuters) - Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support "market discipline" by gi...
Oct 17, 2023
Peoria, IL, USA
49 °F Overcast
