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China’s Wenzhou issues arrest warrant for Macau junket mogul Chau

Reuters
A logo of Macau junket operator Suncity Group is seen at a gaming fair in Macau, China November 18, 2015. REUTERS/Bobby Yip/File Photo Register now for FREE unlimited access to reuters.com Register HONG KONG, Nov 27 (Reuters) – Wenzhou, a city in eastern China, has issued an arrest warrant for......

Telecom Italia loses CEO in boardroom clash after KKR offer

Reuters
The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo Register now for FREE unlimited access to reuters.com Register TIM Brazil head Labriola named director general KKR has tabled $12 billion proposal to take TIM private Under fire from top investor, CEO offers......

EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers

Reuters
The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan November 9, 2021. REUTERS/Issei Kato Register now for FREE unlimited access to reuters.com Register TOKYO, Nov 24 (Reuters) – Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s......

Some financial backers bail on shipping companies as investors shun coal

Reuters
LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel. In a sign of investors taking the initiative,......

Richemont in talks to sell stake in online business to Farfetch

Reuters
High-end jewellery is displayed at a Cartier store on Place Vendome in Paris, France, July 2, 2019. REUTERS/Regis Duvignau Richemont chairman says company not for sale But in talks with Farfetch over stake in YNAP Net profit and sales jump in first half Shares surge as much as 10% ZURICH,......

Toshiba plans to split into three firms, shareholder reaction in focus

Reuters
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon TOKYO, Nov 12 (Reuters) – Japan’s Toshiba Corp (6502.T) outlined plans on Friday to break up into three independent companies by spinning off two core businesses – its energy and infrastructure......

Lawsuit over Subway tuna now says chicken, pork, cattle DNA were detected

Reuters
Nov 11 (Reuters) – A new version of a lawsuit accusing Subway of deceiving the public about its tuna products said lab testing shows they contain animal proteins such as chicken, pork and cattle, and not the advertised “100% tuna.” Karen Dhanowa and Nilima Amin filed a third version of......

Investors await Evergrande’s overdue $148 million payment amid contagion fears

Reuters
A man rides an electric bicycle past the construction site of Guangzhou Evergrande Soccer Stadium, a new stadium for Guangzhou FC developed by China Evergrande Group, in Guangzhou, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Nov 10 (Reuters) – The uncertainty ahead of Wednesday’s deadline for cash-strapped China......

Rogers Communications reinstates ousted chair after court backs his bid to shakeup board

Reuters
VANCOUVER, Nov 5 (Reuters) – Rogers Communications Inc (RCIb.TO) on Friday reinstated ousted Chairman Edward Rogers after a court backed his petition to constitute a new board, drawing curtains on a rare public battle for the control of a Canadian company even as the family feud showed no signs of......

EXCLUSIVE BlackRock raises $673 mln for climate-focused infrastructure fund

Reuters
People are seen in front of a showroom that hosts BlackRock in Davos, Switzerland Januar 22, 2020. REUTERS/Arnd Wiegmann Climate Finance Partnership passes $500 mln target France, Germany, Japan all invest in novel fund EM investment a key issue at COP26 climate talks GLASGOW/BOSTON, Nov 2 (Reuters) – BlackRock Inc......

Barclays CEO Staley leaves due to findings of Epstein probe

Reuters
LONDON, Nov 1 (Reuters) – Barclays (BARC.L) said on Monday that chief executive Jes Staley is to stand down following British regulators’ investigations into his ties with convicted sex offender Jeffrey Epstein. C.S. Venkatakrishnan, head of global markets, will replace him as CEO with immediate effect. Barclays said it was......

New York pension fund joins exit from Unilever over Israel restrictions

Reuters
A refrigerator bearing the Ben & Jerry’s logo is seen at a food store in the Jewish settlement of Efrat in the Israeli-occupied West Bank July 20, 2021. REUTERS/Ronen Zvulun Oct 28 (Reuters) – New York’s $268 billion state pension fund on Thursday became the latest to restrict its holdings......

U.S. appeals court hints at support for Rio’s Resolution copper mine

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Oct......

Two Fed officials depart amid scrutiny over investment trades

Reuters
WASHINGTON, Sept 27 (Reuters) – Two Federal Reserve officials who came under scrutiny for investment trades they made last year announced their retirements on Monday, in a controversy that has already sparked a planned review of the Fed’s ethics rules. Dallas Fed President Robert Kaplan said he will retire on......

Chinese tech execs support ‘common prosperity’, helping SMEs at internet summit

Reuters
Alibaba Group CEO Daniel Zhang (Zhang Yong) speaks at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020. REUTERS/Aly Song/File Photo WUZHEN, China, Sept 26 (Reuters) – Chinese technology executives, facing a crackdown by the authorities, pledged support on Sunday for Beijing’s “common prosperity” drive and......

New demographic data shows continued divide at Amazon

Reuters
Sept 23 (Reuters) – Amazon.com Inc’s (AMZN.O) executives ranks remained largely white, although the share of non-white executives rose modestly, while minorities continued to account for most of its blue-collar workforce as the online retailer grew rapidly during the COVID-19 pandemic, according to new company data. The disclosure made Amazon......

JPMorgan agrees to pay $15.7 mln to settle spoofing lawsuit

Reuters
WASHINGTON, Sept 23 (Reuters) – JPMorgan Chase & Co (JPM.N) agreed to pay $15.7 million in cash to settle a class action lawsuit by investors who accused the largest U.S. bank of intentionally manipulating prices of U.S. Treasury futures and options. The settlement disclosed late Wednesday night stemmed from sprawling......

Carlyle CEO says firm is committed to China

Reuters
NEW YORK, Sept 22 (Reuters) – Carlyle Group Inc (CG.O) Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on companies,......

Sony Group unit to buy India’s Zee Entertainment

Reuters
BENGALURU, Sept 22 (Reuters) – Sony Group Corp’s (6758.T) Indian unit will buy media giant Zee Entertainment Enterprises Ltd (ZEEL) (ZEE.NS), days after Zee’s shareholders asked for a management reshuffle, including the exit of Chief Executive Punit Goenka from the board. Zee, which has a presence in television broadcasting and......

Investors tune in as Universal leaps on market debut

Reuters
Shares surge almost 40% in early trade Biggest European listing of the year Listing is a coup for Amsterdam exchange AMSTERDAM, Sept 21 (Reuters) – Universal Music Group’s (UMG.AS) shares leapt more than a third in their stock market debut on Tuesday as investors bet a boom in music streaming......

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