Regulation

European insurer shares fall as row breaks out over dividends

European insurer shares fall as row breaks out over dividends

Published 03/04/2020

MUNICH/LONDON (Reuters) - Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the [more…]

FCC proposes to fine TracFone Wireless $6 million for subsidy violations

FCC proposes to fine TracFone Wireless $6 million for subsidy violations

Published 03/04/2020

WASHINGTON (Reuters) - The Federal Communications Commission on Thursday proposed to fine TracFone Wireless $6 million for allegedly violating its rules governing the subsidy program [more…]

U.S. gig workers seeking coronavirus jobless benefits hit bureaucratic wall

U.S. gig workers seeking coronavirus jobless benefits hit bureaucratic wall

Published 03/04/2020

(Reuters) - Uber and Lyft drivers are hitting a wall in their efforts to apply for the coronavirus jobless benefits promised by Congress as state [more…]

U.S. SEC delays ruling on controversial NYSE high-speed data plan

U.S. SEC delays ruling on controversial NYSE high-speed data plan

Published 03/04/2020

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission said it needs more time to decide whether to allow a plan by the New [more…]

U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

Published 02/04/2020

WASHINGTON (Reuters) - The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to [more…]

Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April

Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April

Published 01/04/2020

(Reuters) - Bond investor and DoubleLine Capital Chief Executive Jeffrey Gundlach said on Tuesday he believes the coronavirus sell-off is not over yet and that [more…]

Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes

Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes

Published 30/03/2020

ZURICH (Reuters) - UBS Group (UBSG.S) intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the [more…]

Short-selling bans achieve nothing useful: exchanges body

Short-selling bans achieve nothing useful: exchanges body

Published 30/03/2020

LONDON (Reuters) - Banning short-selling of shares gives the impression of responding decisively to events without achieving any useful result, the World Federation of Exchanges [more…]

ECB tells euro zone banks to skip payouts as virus hits economy

ECB tells euro zone banks to skip payouts as virus hits economy

Published 27/03/2020

LONDON/FRANKFURT (Reuters) - The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest [more…]

White House not considering three-month tariff deferral: Navarro

White House not considering three-month tariff deferral: Navarro

Published 25/03/2020

(Reuters) - The White House’s top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported [more…]