Financials (Legacy)

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Location of TikTok headquarters is a matter for ByteDance: PM Johnson’s spokesman

Published 03/08/2020

LONDON (Reuters) - The location of TikTok owner ByteDance’s headquarters is a commercial decision for the company to make, a spokesman for British Prime Minister [more…]

Facebook brings official music videos to users’ feed

Facebook brings official music videos to users’ feed

Published 31/07/2020

(Reuters) - Facebook Inc said on Friday that its users in the United States would be able to view and share official music videos on [more…]

U.S. Republicans to unveil coronavirus aid proposal as time runs out on jobless benefits

U.S. Republicans to unveil coronavirus aid proposal as time runs out on jobless benefits

Published 27/07/2020

WASHINGTON (Reuters) - U.S. Senate Republicans on Monday are expected to unveil a $1 trillion coronavirus aid package hammered out with the White House, a [more…]

As bankers return to the office, industry body warns of new risks of bad conduct

As bankers return to the office, industry body warns of new risks of bad conduct

Published 27/07/2020

LONDON (Reuters) - Returning to the office will bring new challenges for banks and brokerages seeking to enforce good conduct by staff, after the bulk [more…]

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

Published 24/07/2020

LONDON/ROME (Reuters) - Activist hedge fund TCI Fund Management said it has complained to the European Commission over “illegitimate expropriation” by the Italian government of [more…]

Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties – sources

Exclusive: Global banks scrutinize their Hong Kong clients for pro-democracy ties – sources

Published 20/07/2020

HONG KONG (Reuters) - Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt [more…]

India’s IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

India’s IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

Published 20/07/2020

MUMBAI/BENGALURU (Reuters) - India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 [more…]

Euro hits four-month high on hopes for EU recovery fund deal

Euro hits four-month high on hopes for EU recovery fund deal

Published 20/07/2020

LONDON (Reuters) - The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund [more…]

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

German parliamentary committee to discuss Wirecard scandal next week: lawmaker

Published 20/07/2020

BERLIN (Reuters) - The German parliament’s financial committee will hold an extraordinary meeting on the Wirecard (WDIG.DE) scandal on Wednesday next week and Finance Minister [more…]

Intesa ups bid for UBI by 18% with cash sweetener

Intesa ups bid for UBI by 18% with cash sweetener

Published 17/07/2020

MILAN (Reuters) - Italy’s Intesa Sanpaolo (ISP.MI) on Friday raised its bid for rival UBI Banca (UBI.MI) by 18%, adding a cash sweetener to secure [more…]