Financials (Legacy)

Merkel aide rejects conservative critique of euro reforms

Merkel aide rejects conservative critique of euro reforms

Published 24/06/2018

BERLIN (Reuters) - Chancellor Angela Merkel’s agreement with French President Emmanuel Macron on euro zone reforms does not violate the coalition agreement, as some Bavarian [more…]

Waiting for Peter Thiel: big tech directors miss shareholder meetings

Waiting for Peter Thiel: big tech directors miss shareholder meetings

Published 24/06/2018

BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: [more…]

China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources

China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources

Published 04/06/2018

HONG KONG (Reuters/IFR) - Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by [more…]

Software and stealth: how carmakers hike spare parts prices

Software and stealth: how carmakers hike spare parts prices

Published 03/06/2018

LONDON/PARIS (Reuters) - Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated [more…]

Italian imbroglio splits hedge funds on bank bets

Italian imbroglio splits hedge funds on bank bets

Published 31/05/2018

LONDON (Reuters) - Hedge funds are split on how to position billions of dollars in bets they have taken on Italian banks as the country’s [more…]

Chairman Mao stunt backfires at blockchain conference in China

Chairman Mao stunt backfires at blockchain conference in China

Published 28/05/2018

BEIJING (Reuters) - A publicity stunt featuring a Mao Zedong lookalike at a conference on blockchain in China on Monday sparked an uproar on social [more…]

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Published 23/05/2018

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce [more…]

Grab to partner with Maybank for mobile wallet in Malaysia

Grab to partner with Maybank for mobile wallet in Malaysia

Published 21/05/2018

SINGAPORE (Reuters) - Ride-hailing firm Grab will partner with Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, to drive the usage and adoption of its GrabPay [more…]

Malaysia in suspense ahead of Najib’s visit to anti-graft agency

Malaysia in suspense ahead of Najib’s visit to anti-graft agency

Published 21/05/2018

KUALA LUMPUR (Reuters) - Amid mounting suspense in Malaysia, former leader Najib Razak is expected to give a statement to an anti-graft agency on Tuesday [more…]

How Canada’s Brookfield snatched bargain assets amid Brazil panic

How Canada’s Brookfield snatched bargain assets amid Brazil panic

Published 21/05/2018

SAO PAULO (Reuters) - Rampant corruption scandals and a deep recession soured many foreign investors on Brazil in recent years, but one Canadian group saw [more…]