Category Archives:
Silver Lake submits offer document for Software AG
BERLIN (Reuters) - Silver Lake officially submitted its offer document for Software AG on Wednesday, almost a month after announcing a 2.4 billion euro ($2.64 billion) takeover bid. The financial inve...
May 17, 2023
IQE’s annual revenue falls 2% on weak orders
(Reuters) - British chip components maker IQE Plc reported a 2% drop in its annual revenue on Wednesday, hit by reduced orders amid weak demand for consumer electronics. Revenue on a constant currency...
May 17, 2023
Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) - Qatar's sovereign wealth fund, Credit Suisse's second-largest investor, has explored seeking redress for losses incurred by the ...
May 17, 2023
IMF approves Ghana $3 billion loan, with immediate $600 million tranche
By Maxwell Akalaare Adombila and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund's executive board approved a $3 billion, three-year extended credit for Ghana, allowing for an immed...
May 17, 2023
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) - Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to U.S. servers for failing to com...
May 17, 2023
Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wedn...
May 17, 2023
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner (Reuters) - A group of Republican-led U.S. states has asked a federal judge in Texas to strike down a Biden administration rule allowing socially conscious investing by retirement p...
May 17, 2023
US power grids vulnerable to extreme heat conditions this summer – NERC
(Reuters) - Large parts of the United States and some areas in Canada, home to around 165 million people, could face energy shortfalls during periods of extreme heat this summer, a group that sets rel...
May 17, 2023
Bankman-Fried faces long odds of tossing charges despite Supreme Court decision
By Luc Cohen NEW YORK (Reuters) - FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the scope of fraud prosecutions will bolster his defense as he fights charges stemmin...
May 17, 2023
Celsius bankruptcy auction nears end, with Fahrenheit in the lead
By Dietrich Knauth NEW YORK (Reuters) - A lawyer for Celsius Network on Wednesday said the crypto lender hopes to conclude an auction for its assets within days and the current lead bidder is Fahrenhe...
May 17, 2023
Peoria, IL, USA
55 °F Overcast
