Financials (Legacy)

HSBC-backed startup aims to become LinkedIn of global trade

HSBC-backed startup aims to become LinkedIn of global trade

Published 24/06/2019

HONG KONG (Reuters) - In a first of its kind initiative, HSBC Holdings Plc is backing the launch of a technology startup that aims to [more…]

Politicians need to move fast as Facebook & Co move into finance: BIS

Politicians need to move fast as Facebook & Co move into finance: BIS

Published 23/06/2019

LONDON (Reuters) - Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance, though banks won’t be [more…]

Velodyne Lidar hires bankers for an IPO: Business Insider

Velodyne Lidar hires bankers for an IPO: Business Insider

Published 22/06/2019

(Reuters) - Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with [more…]

Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers…

Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers…

Published 21/06/2019

LONDON (Reuters) - After years of using the internet, satellites, algos and other innovations to mine ‘Big Data’ for that edge over rivals, the world’s [more…]

Creval says to spin off bad loans, triple net profit by 2021

Creval says to spin off bad loans, triple net profit by 2021

Published 18/06/2019

MILAN (Reuters) - Italian mid-sized lender Creval said on Tuesday it would spin off its bad debts into a separate unit and sell half of [more…]

China’s home prices growth fastest in five months, raises policy…

China’s home prices growth fastest in five months, raises policy…

Published 18/06/2019

BEIJING (Reuters) - New home prices in China rose at their fastest pace in five months in May, complicating government efforts to keep frothy housing [more…]

Canada backs startup to boost data on space debris

Canada backs startup to boost data on space debris

Published 17/06/2019

PARIS (Reuters) - The Canadian government’s contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available [more…]

Australian regulator slaps stricter conditions on AMP’s pension…

Australian regulator slaps stricter conditions on AMP’s pension…

Published 14/06/2019

SYDNEY (Reuters) - Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its [more…]

Renault, Nissan spar over governance reforms as tie-up strains worsen

Renault, Nissan spar over governance reforms as tie-up strains worsen

Published 10/06/2019

PARIS/TOKYO (Reuters) - Renault has signaled it will block alliance partner Nissan from adopting planned governance reforms unless the French automaker gets more say in [more…]

Nissan sees conflict of interest if Renault director joins reform…

Nissan sees conflict of interest if Renault director joins reform…

Published 10/06/2019

PARIS (Reuters) - Nissan Motor Co believes that attempts by Renault SA to place one of its directors on Nissan’s planned governance reform committees may [more…]