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April 14, 2021

Enterprise Reporting

Exclusive: GameStop initiates search for new CEO – sources

Reuters
(Reuters) – GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday. FILE PHOTO: A GameStop store is seen in the Jackson Heights neighborhood......

Exclusive: China’s antitrust regulator bulking up as crackdown on behemoths widens

Reuters
BEIJING/HONG KONG (Reuters) – China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powerful companies, people with knowledge of the matter told Reuters. FILE PHOTO: The logo of Alibaba Group is seen at its office......

Analysis: Raised fist, dangling handcuffs: a snapshot of Cuban dissent

Reuters
HAVANA (Reuters) – A striking image is circulating this week on social media in Cuba: a dissident pumping his fist in the air, handcuffs dangling from one wrist, after friends and neighbors helped him evade arrest by police in Havana. A man who did not want to be identified shows......

Analysis: Russian military buildup raises stakes as fighting in Ukraine intensifies

Reuters
MOSCOW/KYIV/WASHINGTON (Reuters) – Dozens of troop carriers and missile launchers sit on flatbed wagons lining up along tracks running through southern Russia, in a region bordering Ukraine. A still image from video shows tanks and military vehicles in Maslovka, Voronezh Region, Russia April 6, 2021. Video taken April 6, 2021.......

The sudden visit to COVID victims’ families that sparked Jordan’s royal rift

Reuters
AMMAN (Reuters) – When Prince Hamza visited the relatives of COVID-19 patients who died after a hospital ran out of oxygen, he triggered a rift in Jordan’s monarchy that has shaken the country’s reputation as a stable country in a volatile region. FILE PHOTO: King of Jordan Abdullah II addresses......

Exclusive: Brazilian payments network Elo picks banks for IPO – sources

Reuters
SAO PAULO (Reuters) – Brazilian payments firm Elo has chosen six banks to manage its initial public offering, four sources close to the matter said, in the first concrete sign it is proceeding with a move first proposed by shareholders in August. FILE PHOTO: A view of the exterior of......

Sports streaming service DAZN weighs IPO to drive fresh growth

Reuters
By Elvira Pollina, Douglas Busvine MILAN (Reuters) – DAZN, the online sports broadcaster which this year snatched the rights to screen Italy’s top-flight soccer league from Sky, is considering the possibility of going public as it chases further growth, its joint chief executive said. FILE PHOTO: Internet streaming service DAZN’s......

Analysis: Mexico vs Brazil: Populist presidents confound investors

Reuters
NEW YORK (Reuters) – When a left wing populist and a far-right lawmaker rose to power in Latin America’s two largest economies, investors thought they knew who was going to show them the money. FILE PHOTO: Brazil’s President Jair Bolsonaro looks on during a ceremony at the Sao Sebastiao neighbourhood......

Exclusive: World Bank, IMF eye ways to link debt relief to climate change spending

Reuters
WASHINGTON (Reuters) – The World Bank and the International Monetary Fund are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link such spending to debt relief, according to a draft document seen by Reuters. FILE PHOTO: International......

Analysis: High stakes at sea in global rush for wind power

Reuters
By Susanna Twidale, Nora Buli LONDON(Reuters) – Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy. FILE......

Three brothers killed by Indonesian soldiers at Papuan health clinic: army and witness accounts differ

Reuters
By Tom Allard, Agustinus Beo Da Costa JAKARTA (Reuters) – One mid-February morning in the central highlands of the Indonesian province of Papua, the army said Prada Ginanjar Arianda, a 22-year-old member of the 400 Banteng Raiders commando battalion, was shot in the stomach by separatist fighters and died. FILE......

Egypt postpones tender for license to make cigarettes – sources

Reuters
A man smokes a Cleopatra cigarette, produced by Eastern Company SAE, at a cafe in Cairo, Egypt, on October 23, 2018. REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) – Egypt’s has postponed a tender for a licence to manufacture conventional and electronic cigarettes, two sources in companies selling tobacco there......

Analysis: Biden White House tries to craft gun executive orders that can’t be undone

Reuters
WASHINGTON (Reuters) – The White House is trying to craft a series of executive actions for President Joe Biden to sign to try to limit gun violence, hoping they cannot be quickly dismantled in court, according to aides and gun safety groups. U.S. President Joe Biden speaks about the mass......

Analysis: Myanmar’s neighbour Thailand unlikely to toughen stance on coup

Reuters
By Kay Johnson, Panarat Thepgumpanat BANGKOK (Reuters) – Thailand has slightly hardened its language on Myanmar by saying it is “gravely concerned” about escalating bloodshed since a Feb. 1 coup, but close military ties and fears of a flood of refugees mean it is unlikely to go further, analysts say.......

Power play – India wields oil ‘weapon’ to cut dependence on Saudi

Reuters
NEW DELHI (Reuters) – When India’s government last month asked refiners to speed up diversification and reduce dependence on the Middle East – days after OPEC+ said it would maintain production cuts – it sent a message about its clout and foreshadowed changes to the world’s energy maps. FILE PHOTO:......

ByteDance considers listing Douyin in New York or Hong Kong: sources

Reuters
By Yingzhi Yang, Julie Zhu BEIJING/HONG KONG (Reuters) – ByteDance is in talks about a possible offshore listing of its short video app Douyin, the Chinese version of TikTok, in New York or Hong Kong, two people familiar with the matter said. A man stands near a giant sign of......

Exclusive: China considering new bourse to attract overseas-listed firms – sources

Reuters
HONG KONG (Reuters) – China is considering establishing a stock exchange to attract overseas-listed firms and bolster the global status of its onshore share markets, two people with knowledge of the matter told Reuters. FILE PHOTO: A Chinese national flag flutters near the building of China Securities Regulatory Commission (CSRC)......

Exclusive: U.S. investigations into cartels paralyzed by standoff with Mexico

Reuters
WASHINGTON (Reuters) – U.S. efforts to battle powerful drug cartels from inside Mexico have ground to a halt since January as strained relations between the two countries have frozen attempts to corral drug kingpins, according to current and former senior officials in both nations. Until recently, U.S. and Mexican authorities......

Exclusive: PayPal launches crypto checkout service

Reuters
LONDON (Reuters) – PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether,......

Exclusive: Uniper CEO might not get contract extension – sources

Reuters
FILE PHOTO: Andreas Schierenbeck, CEO of German energy utility company Uniper SE, attends a news conference in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen/File Photo DUESSELDORF (Reuters) – The contract of Uniper Chief Executive Andreas Schierenbeck might not be extended, two people familiar with the matter said on Monday. Uniper’s......

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