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https://www.reuters.com/article/pressReleasesMolt/idUSTRE5502TE20090601
U.S. consumer spending eases, income surges
U.S. consumer spending eases, income surges By Reuters Staff3 Min Read WASHINGTON (Reuters) - U.S. consumer spending fell in April from March, despite personal income posting the largest increase in 11 months, a government report said on Monday, showing activity in the second quarter getting off to a slow start. A pede...
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https://www.reuters.com/article/pressReleasesMolt/idUSTRE5683MZ20090709
Warren Buffett says second stimulus might be needed
Warren Buffett says second stimulus might be needed By Reuters Staff2 Min Read WASHINGTON (Reuters) - Legendary investor Warren Buffett said in an interview aired on Thursday unemployment could hit 11 percent and a second stimulus package might be needed as the economy struggles to recover from recession. Buffett, the ...
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https://www.reuters.com/article/pressReleasesMolt/idUSTRE58O6MA20090925
TEXT: G20 Final Communique - Framework for Growth
TEXT: G20 Final Communique - Framework for Growth By Reuters Staff8 Min Read PITTSBURGH (Reuters) - The Group of 20 rich and developing nations released the following final statement at the conclusion of the two-day meeting on Friday. In it, the G20 pledged to keep emergency economic supports in place until sustainable...
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https://www.reuters.com/article/privacy-zynga-lawsuit/words-with-friends-maker-zynga-hit-with-proposed-class-action-over-data-breach-idUSL1N2AX2CI
'Words With Friends' maker Zynga hit with proposed class action over data breach
'Words With Friends' maker Zynga hit with proposed class action over data breach By Caroline Spiezio1 Min Read Two plaintiffs have filed a proposed class action against Zynga Inc, the mobile-platform game maker behind Words With Friends, in San Francisco federal court, accusing the company of failing to prevent a 2019 ...
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https://www.reuters.com/article/privateequity-india/abu-dhabi-based-fund-to-invest-2-billion-in-india-technology-idINKBN1E71T3?edition-redirect=in
Abu Dhabi-based fund to invest $2 billion in India technology
Abu Dhabi-based fund to invest $2 billion in India technology By Reuters Staff2 Min Read DUBAI (Reuters) - Next Orbit Ventures (NOVF) ESDM, a newly established Abu Dhabi-based fund, said on Wednesday it had launched a $2 billion fund to invest in India’s semiconductor and electronics industries. Mumbai-based private eq...
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https://www.reuters.com/article/privateEquity/idINPEK32222620091028?edition-redirect=in
UPDATE 1-China CIC has invested half of cash, returns "not bad"
UPDATE 1-China CIC has invested half of cash, returns "not bad" By Reuters Staff3 Min Read * Ramped up investments from Q2, judging mkts stabilised * More money into commodities, infrastructure, real estate * Hedging vs long-term inflation, fall in major currencies (Adds details, quotes) BEIJING, Oct 28 (Reuters) - Chi...
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https://www.reuters.com/article/privateEquity/idUSLL68056720090921
EU hedge fund law to raise compliance costs-survey
EU hedge fund law to raise compliance costs-survey By Reuters Staff4 Min Read * Compliance cost 1.3-1.9 bln euros in first year * Ongoing cost of 689-985 mln euros * Private equity firms say returns could suffer LONDON, Sept 21 (Reuters) - A controversial EU draft law on hedge funds and private equity could initially c...
27912772ecd117910a9b97a9c10f79ba
https://www.reuters.com/article/PrivateEquityandHedgeFunds09/idUSTRE52N26620090324
More hedge funds, PE firms to scale back in Asia
More hedge funds, PE firms to scale back in Asia By David Dolan3 Min Read HONG KONG (Reuters) - More hedge funds and private equity firms are likely to trim or shut their Asian operations as the widening financial crisis forces a retreat to core Western markets, two industry experts said on Tuesday. Slideshow ( 2 image...
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https://www.reuters.com/article/PrivateEquityandHedgeFunds09/idUSTRE52N2WL20090324
Asia funds say valuations need further fall
Asia funds say valuations need further fall By George Chen4 Min Read HONG KONG (Reuters) - Asian private equity investors said they expect deal flow to start to pick up late this year or in early 2010, as the gap between what sellers demand and what buyers are willing to pay narrows. Laure Wang, co-founder and Managing...
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https://www.reuters.com/article/PrivateEquityandHedgeFunds09/idUSTRE52N4HJ20090324
Foxtons trading profitably, BC Partners says
Foxtons trading profitably, BC Partners says By Tom Freke2 Min Read LONDON (Reuters) - Heavily indebted UK real estate agent Foxtons is trading profitably, even though sales volumes have fallen around 75 percent from the market peak, its private equity owner BC Partners said on Tuesday. “Foxtons is trading very profita...
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https://www.reuters.com/article/PrivateEquityandHedgeFunds09/idUSTRE52P1UW20090326
Distressed assets investors see Asia bounty ahead
Distressed assets investors see Asia bounty ahead By Rafael Nam5 Min Read HONG KONG (Reuters) - From Chinese non-performing loans to property developers’ debt, distressed assets are piling up in Asia and some investors expect a fire sale at least as big as the one during the region’s financial crisis of a decade ago. T...
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https://www.reuters.com/article/products-liability-goodyear/arizona-court-reverses-unsealing-of-internal-goodyear-tire-records-idUSL1N289064
Arizona court reverses unsealing of internal Goodyear tire records
Arizona court reverses unsealing of internal Goodyear tire records By Nate Raymond1 Min Read An Arizona appeals court has overturned a judge’s decision to unseal thousands of confidential records Goodyear Tire & Rubber Co produced in a lawsuit alleging it sold defective tires at the request of a consumer advocacy group...
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https://www.reuters.com/article/products-rice-settlement-idUSL1N1BD0DT
8th Circuit upholds fee contribution from $92 mln GMO settlement
8th Circuit upholds fee contribution from $92 mln GMO settlement By Jessica Dye1 Min Read A federal appeals court has ruled that plaintiffs’ lawyers leading federal multidistrict litigation against Bayer CropScience over genetically modified rice are entitled to 10 percent of a $92 million settlement the company struck...
feadc22fdfc758a812521ed39fe18fec
https://www.reuters.com/article/products-talc-mdl-idUSL1N1A60A3
New MDL sought for cases over J&J talc powder and ovarian cancer
New MDL sought for cases over J&J talc powder and ovarian cancer By Jessica Dye1 Min Read A federal judicial panel has been asked to consolidate nearly a dozen lawsuits filed in U.S. federal courts alleging Johnson & Johnson failed to warn women that using its talc-based powders for feminine hygiene could increase thei...
ce870565f7affe7f7d574492cefdad12
https://www.reuters.com/article/products-taxotere/warning-label-change-for-sanofis-taxotere-dooms-200-hair-loss-cases-judge-idUSL1N2DA1ZO
Warning label change for Sanofi's Taxotere dooms 200 hair loss cases - judge
Warning label change for Sanofi's Taxotere dooms 200 hair loss cases - judge By Nate Raymond1 Min Read A federal judge has dismissed nearly 200 lawsuits by patients claiming Sanofi SA’s cancer treatment Taxotere caused them to suffer permanent hair loss, saying a change in the drug’s warning label in 2015 clearly expla...
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https://www.reuters.com/article/products-testosterone/endo-becomes-latest-drugmaker-to-settle-testosterone-replacement-cases-idUSL1N1TD1UH
Endo becomes latest drugmaker to settle testosterone replacement cases
Endo becomes latest drugmaker to settle testosterone replacement cases By Tina Bellon1 Min Read Endo International on Monday said it has entered into a agreement resolving all known lawsuits against it alleging injuries caused by testosterone replacement drugs, joining other drugmakers who have reached similar settleme...
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https://www.reuters.com/article/products-wright-damages-idUSL2N17A0E6
Punitive damages slashed from $10 mln to $1.1 mln in Wright hip bellwether
Punitive damages slashed from $10 mln to $1.1 mln in Wright hip bellwether By Jessica Dye1 Min Read A federal judge in Georgia has drastically reduced a $10 million punitive damages award from the first bellwether trial in multidistrict litigation over Wright Medical Group’s Conserve hip replacement system to just $1.1...
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https://www.reuters.com/article/propertyguru-ipo-idUSS9N25200D
Private equity firms TPG, KKR cancel PropertyGuru's Australian IPO -sources
Private equity firms TPG, KKR cancel PropertyGuru's Australian IPO -sources By Paulina Duran1 Min Read SYDNEY, Oct 23 (Reuters) - Private equity firms KKR and TPG Capital have canceled the initial public offering (IPO) of their Southeast Asia online realty company PropertyGuru, due to uncertainty in the market, two sou...
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https://www.reuters.com/article/prosus-results-idINL8N2DV5PR?edition-redirect=in
Prosus says businesses grew well until March 31 year end
Prosus says businesses grew well until March 31 year end By Reuters Staff1 Min Read AMSTERDAM, June 18 (Reuters) - Prosus NV, the Amsterdam-based investor in consumer internet businesses, on Thursday said its key businesses grew strongly until March 31, but cautioned against potential negative impacts from the COVID-19...
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https://www.reuters.com/article/protests-journalism-backstory/crossing-continents-to-cover-protests-idINKBN1Z60LT?edition-redirect=in
Crossing continents to cover protests
Crossing continents to cover protests By Reuters Staff3 Min Read BEIRUT (Reuters) - One moment, photographer Andres Martinez Casares was out on the streets of Port-au-Prince, Haiti, dodging teargas canisters as crowds called for the resignation of President Jovenel Moise and his government. FILE PHOTO: A man reacts in ...
dcd388426b52da18a8ec2d90e7033239
https://www.reuters.com/article/puertorico-debt-fiscalplan/update-1-latest-puerto-rico-fiscal-plan-does-not-budge-on-pensions-layoffs-idUSL2N1RJ0VD
UPDATE 1-Latest Puerto Rico fiscal plan does not budge on pensions, layoffs
UPDATE 1-Latest Puerto Rico fiscal plan does not budge on pensions, layoffs By Nick Brown4 Min Read (Adds insight on fiscal plan negotiations, based on sources) NEW YORK, April 6 (Reuters) - Puerto Rico’s latest turnaround plan boosts the insolvent U.S. territory’s projected ability to pay debt, but the plan’s absence ...
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https://www.reuters.com/article/puertorico-debt-idUSL2N18F0OM
UPDATE 2-Puerto Rico declares state of emergency for highway authority
UPDATE 2-Puerto Rico declares state of emergency for highway authority By Nick Brown3 Min Read (Adds AMBAC statement) SAN JUAN, May 18 (Reuters) - Puerto Rico’s governor on Wednesday declared a state of emergency at the U.S. territory’s highway authority, an effort to keep the agency functioning by directing revenue to...
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https://www.reuters.com/article/puertorico-debt-labor-idINL2N1LF211?edition-redirect=in
Government labor strife is latest test for fractured Puerto Rico
Government labor strife is latest test for fractured Puerto Rico By Nick Brown4 Min Read NEW YORK, Aug 30(Reuters) - Puerto Rico’s already frail economy faces a fresh test this week, as the bankrupt U.S. territory’s financial overseers try to force a defiant governor to furlough public workers, the single biggest block...
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https://www.reuters.com/article/puertorico-debt-oversightboard-idUSL1N1DH00Z
Puerto Rico oversight board narrows list for law firms
Puerto Rico oversight board narrows list for law firms By Nick Brown, Jessica DiNapoli3 Min Read NEW YORK (Reuters) - The federal board tasked with overseeing a major financial overhaul in Puerto Rico has held interviews with a handful of candidates for its counsel from a wide list of applicants, people familiar with t...
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https://www.reuters.com/article/puertorico-debt-pensions-idUSL1N1HK115
UPDATE 1-Puerto Rico governor, oversight board sued over planned pension cuts
UPDATE 1-Puerto Rico governor, oversight board sued over planned pension cuts By Nick Brown3 Min Read (Adds detail from lawsuit and background on Puerto Rico pension and economic crises) NEW YORK, April 12 (Reuters) - A Puerto Rico labor union sued Governor Ricardo Rossello and the U.S. territory’s financial oversight ...
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https://www.reuters.com/article/puertorico-debt-prepa-idUSL1N1JC1JL
U.S. lawmaker troubled Puerto Rico board slow to approve $9 bln power deal
U.S. lawmaker troubled Puerto Rico board slow to approve $9 bln power deal By Nick Brown3 Min Read (Reuters) - The chairman of the U.S. congressional committee that oversees Puerto Rico on Thursday said the bankrupt island’s federal oversight board was dragging its feet on approving a $9 billion power utility restructu...
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https://www.reuters.com/article/pultegroup-results/homebuilder-pultegroup-profit-falls-2-3-percent-idUSL3N2252FY
Homebuilder PulteGroup profit falls 2.3 percent
Homebuilder PulteGroup profit falls 2.3 percent By Reuters Staff1 Min Read April 23 (Reuters) - PulteGroup Inc on Tuesday reported a 2.3 percent fall in first-quarter profit, hit by higher costs. The No.3 U.S. homebuilder’s net income fell to $166.8 million, or 59 cents per share, in the quarter ended March 31, from $1...
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https://www.reuters.com/article/pultegroup-results/homebuilder-pultegroup-profit-falls-5-7-idUSL3N2771UH
Homebuilder PulteGroup profit falls 5.7%
Homebuilder PulteGroup profit falls 5.7% By Reuters Staff1 Min Read Oct 22 (Reuters) - U.S. homebuilder PulteGroup Inc reported a 5.7% fall in third-quarter profit on Tuesday, hit by higher costs. The company’s net income fell to $273.1 million, or 99 cents per share, in the quarter ended Sept. 30, from $289.5 million,...
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https://www.reuters.com/article/pultegroup-results/homebuilder-pultegroups-quarterly-revenue-rises-7-pct-idUSL3N1ZT3W8
Homebuilder PulteGroup's quarterly revenue rises 7 pct
Homebuilder PulteGroup's quarterly revenue rises 7 pct By Reuters Staff1 Min Read Jan 29 (Reuters) - PulteGroup Inc reported a 7.3 percent rise in fourth-quarter revenue, as the homebuilder sold more homes at higher prices. The No.3 U.S. homebuilder’s net income rose to $237.6 million, or 84 cents per share, in the qua...
8644fef65429800d3d2f0ebb06f63c5d
https://www.reuters.com/article/puma-results-idUSL8N15X1YY
Puma sees 'female future' helped by Rihanna designs
Puma sees 'female future' helped by Rihanna designs By Emma Thomasson3 Min Read HERZOGENAURACH, Germany (Reuters) - Strong demand for sneakers designed by singer Rihanna helped Puma PUMG.DE achieve higher-than-expected sales growth in the fourth quarter and the German sportswear firm said on Thursday a busy sports cale...
84d4083394f243b2a694a0468f1dfae5
https://www.reuters.com/article/punjab-natl-bank-fraud-ceo/pnb-says-has-ability-to-recover-after-uncovering-giant-fraud-idINKCN1FZ0YL?edition-redirect=in
India's PNB seeks to soothe investors after uncovering massive fraud
India's PNB seeks to soothe investors after uncovering massive fraud By Manoj Kumar, Krishna N. Das6 Min Read NEW DELHI (Reuters) - Punjab National Bank, India’s second-largest state-run lender, sought to soothe investors on Thursday after the discovery of a $1.77 billion scam at a single branch sent its shares plungin...
4e7bdc3527b79cd800886951f0742c0d
https://www.reuters.com/article/pws-orange-korek-idUSL8N1S35HY
Kuwait's Agility and France's Orange file another claim against Korek director
Kuwait's Agility and France's Orange file another claim against Korek director By Tom Arnold2 Min Read DUBAI, April 26 (Reuters) - A joint venture of Kuwaiti logistics firm Agility and France’s Orange, have filed another claim against a director of Iraqi mobile telecoms operator Korek, alleging undisclosed self-dealing...
fb2f995b695b56cfc2b58dc6a7bd2181
https://www.reuters.com/article/qatar-airways-growth-idUSL8N1HW1SG
Qatar Airways announces 12 new destinations for 2017-18
Qatar Airways announces 12 new destinations for 2017-18 By Reuters Staff1 Min Read DUBAI, April 24 (Reuters) - Qatar Airways on Monday announced 12 new destinations for 2017-18, including San Francisco. Other destinations include Cardiff, Malaga, Mykonos, Accra, Kiev, Prague, Mombasa and Abidjan. The airline also said ...
5e8cdc26e1e20bf738595794b175a292
https://www.reuters.com/article/qatar-petroleum-ships/qatar-petroleum-signs-19-bln-shipbuilding-agreements-with-korean-companies-statement-idUSS8N2AK006
Qatar Petroleum signs $19 bln shipbuilding agreements with Korean companies - statement
Qatar Petroleum signs $19 bln shipbuilding agreements with Korean companies - statement By Reuters Staff1 Min Read DUBAI, June 1 (Reuters) - Qatar Petroleum has signed shipbuilding agreements with South Korea’s “Big 3” shipyards to secure more than 100 ships at a cost of more than 70 billion Qatari riyals ($19.23 billi...
2f2c1833ea387b21dd9b45783d010b15
https://www.reuters.com/article/qatar-reinsurance-bond-ipts-idINL5N1GJ0CT?edition-redirect=in
Qatar Reinsurance sets initial price guidance for $450 mln perpetual bond
Qatar Reinsurance sets initial price guidance for $450 mln perpetual bond By Reuters Staff1 Min Read DUBAI, March 6 (Reuters) - Qatar Reinsurance Co, a subsidiary of Qatar Insurance Co, has released initial price guidance in the 5.5 percent area for a planned $450 million perpetual bond, a document issued by one of the...
5f992322f6530bd56b7aec98196236bc
https://www.reuters.com/article/quake-haiti-imf-idUSN1420120920100114
UPDATE 1-IMF to increase Haiti loan by $100 million
UPDATE 1-IMF to increase Haiti loan by $100 million By Reuters Staff2 Min Read (Adds details on IMF loan) WASHINGTON, Jan 14 (Reuters) - The International Monetary Fund said on Thursday it will increase Haiti’s existing loan program by $100 million and disburse the funds quickly to help the government rebuild from the ...
58e6dffc3e9dabd1abc8428b85cd4a49
https://www.reuters.com/article/quake-nepal-childmarriage-idINKBN0O428F20150519?edition-redirect=in
Child marriages, trafficking will soar after Nepal quake - charity
Child marriages, trafficking will soar after Nepal quake - charity By Emma Batha, Thomson Reuters Foundation4 Min Read CASABLANCA, Morocco (Thomson Reuters Foundation) - The massive earthquakes in Nepal will lead to a dramatic rise in child marriage and the trafficking of children as criminals prey on orphans and paren...
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https://www.reuters.com/article/quake-nepal-china/china-says-had-good-cooperation-with-india-in-nepal-quake-idINKBN0NS19R20150507
China says had good cooperation with India in Nepal quake
China says had good cooperation with India in Nepal quake By Reuters Staff3 Min Read BEIJING (Reuters) - China and India cooperated well on relief efforts after the earthquake in Nepal, a senior diplomat was quoted as saying on Thursday, dismissing the idea that China was trying to compete for influence with its work. ...
d867c2396d983d9319fabcb169a3a38e
https://www.reuters.com/article/quake-papua-idINKCN1SK1K6?edition-redirect=in
Magnitude 7.5 quake hits off Papua New Guinea, tsunami warning lifted
Magnitude 7.5 quake hits off Papua New Guinea, tsunami warning lifted By Reuters Staff2 Min Read SYDNEY (Reuters) - A strong, shallow earthquake hit near Rabaul in Papua New Guinea’s remote New Britain island on Tuesday, rattling the city as residents slept. The magnitude 7.5 quake triggered an initial tsunami warning,...
e374c1a24a445ca4e9ff8d351bfc241b
https://www.reuters.com/article/quake-solomonislands-idINKBN1ZQ0DN?edition-redirect=in
Magnitude 6.3 quake strikes off Solomon Islands: EMSC
Magnitude 6.3 quake strikes off Solomon Islands: EMSC By Reuters Staff1 Min Read (Reuters) - An earthquake of magnitude 6.3 struck off the coast of the Solomon Islands, the European-Mediterranean Seismological Centre (EMSC) said bit.ly/2GodlxB on Monday. There was no immediate report of damage or casualties in the quak...
8b567d376da8a685fec77621bb9cd495
https://www.reuters.com/article/quake-taiwan-arrest-warrant-developer-idINKCN0VI0E5?edition-redirect=in
Taiwan developer in custody after deadly quake fells building
Taiwan developer in custody after deadly quake fells building By J.R. Wu3 Min Read TAINAN, Taiwan (Reuters) - A local court in the southern Taiwan city of Tainan ruled on Tuesday to take into custody the developer of a building which collapsed during an earthquake at the weekend that killed at least 39 people. Slidesho...
acf997d5e2d214d1f483f0a3b08b7e76
https://www.reuters.com/article/r-bosch-batteries/bosch-decides-against-own-battery-cell-production-idUKL8N1QI4UC?edition-redirect=uk
Bosch decides against own battery cell production
Bosch decides against own battery cell production By Reuters Staff1 Min Read BERLIN, Feb 28 (Reuters) - Germany’s Robert Bosch, the world’s biggest automotive supplier, said on Wednesday it had decided against producing its own battery cells, saying the investment necessary was too risky. “The question of (battery) cel...
5d6e68cc4c261182fa291362dc200cca
https://www.reuters.com/article/race-eskalera/startup-led-by-ex-goldman-sachs-hr-chief-launches-diversity-and-inclusion-index-idUSL1N2DU1NU?feedType=RSS&feedName=companyNews&rpc=31
Startup led by ex-Goldman Sachs HR chief launches diversity and inclusion index
Startup led by ex-Goldman Sachs HR chief launches diversity and inclusion index By Anna Irrera, Imani Moise2 Min Read NEW YORK (Reuters) - Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness, the firm said on...
b33f6bef1645f78ff0a33c4bfaa95a6c
https://www.reuters.com/article/rareearths-china-idUSL3N15D278
China to boost crackdown on illegal rare earth mining
China to boost crackdown on illegal rare earth mining By 3 Min Read * Plans to introduce “product tracing system” * Will also beef up powers to raid companies * Wants to clamp down on illegal supply * Markets have been hit hard by oversupply By Sonali Paul and David Stanway MELBOURNE/BEIJING, Feb 2 (Reuters) - China pl...
ab6fa0ac3e8b8d81b5aa785db4d8cf23
https://www.reuters.com/article/ratings-moodys-forecasts/moodys-revises-up-u-s-and-emerging-markets-forecasts-cuts-europe-idUSL1N2KU0Q9
Moody's revises up U.S. and emerging markets forecasts, cuts Europe
Moody's revises up U.S. and emerging markets forecasts, cuts Europe By Reuters Staff1 Min Read LONDON, Feb 24 (Reuters) - Credit ratings firm Moody’s revised upwards on Wednesday its economic forecasts for the year for the United States and emerging markets, but cut Europe’s following the region’s tough COVID-19 lockdo...
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https://www.reuters.com/article/rbc-results/corrected-update-1-rbc-profit-beats-estimates-on-capital-markets-strength-lower-provisions-idUSL4N2II2MU
CORRECTED-UPDATE 1-RBC profit beats estimates on capital markets strength, lower provisions
CORRECTED-UPDATE 1-RBC profit beats estimates on capital markets strength, lower provisions By Reuters Staff2 Min Read (Corrects adjusted EPS figure in last paragraph) Dec 2 (Reuters) - Royal Bank of Canada reported a small rise in quarterly profit that beat analysts’ expectations on Wednesday, driven by strength in it...
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https://www.reuters.com/article/rbc-results/royal-bank-of-canada-beats-profit-estimates-on-capital-markets-strength-idUSL4N2KU3FI
Royal Bank of Canada beats profit estimates on capital markets strength
Royal Bank of Canada beats profit estimates on capital markets strength By Reuters Staff1 Min Read Feb 24 (Reuters) - Royal Bank of Canada topped analysts’ estimates for first-quarter profit on Wednesday, driven by strength in its capital markets and wealth management units and lower provisions to cover potential loan ...
42f4a2b299ee8a1aacdb881820d28fcc
https://www.reuters.com/article/rbc-results/royal-bank-of-canada-quarterly-profit-slumps-on-higher-loan-loss-provisions-idUSL4N2D929B
Royal Bank of Canada quarterly profit slumps on higher loan loss provisions
Royal Bank of Canada quarterly profit slumps on higher loan loss provisions By Reuters Staff1 Min Read May 27 (Reuters) - Royal Bank of Canada reported a 54% drop in quarterly profit on Wednesday, as the lender kept aside more funds to cover bad loans amid the COVID-19 crisis that has battered the economy. Net income f...
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https://www.reuters.com/article/rbc-results/wrapup-rbc-national-bank-beat-profit-estimates-on-capital-markets-strength-idUSL4N2KU3JZ
WRAPUP -RBC, National Bank beat profit estimates on capital markets strength
WRAPUP -RBC, National Bank beat profit estimates on capital markets strength By Reuters Staff2 Min Read (Adds RBC, National Bank results) Feb 24 (Reuters) - Royal Bank of Canada and National Bank of Canada beat profit estimates on Wednesday, as lower provisions for credit losses and record earnings from their capital m...
659f91765bf729cf822d7aa4a422b713
https://www.reuters.com/article/rbc-shareholders/royal-bank-of-canada-has-processed-250000-payment-deferrals-due-to-covid-19-ceo-idUSL1N2BW0FK
Royal Bank of Canada has processed 250,000 payment deferrals due to COVID-19-CEO
Royal Bank of Canada has processed 250,000 payment deferrals due to COVID-19-CEO By Reuters Staff1 Min Read TORONTO, April 8 (Reuters) - Royal Bank of Canada has processed about 250,000 payment deferrals on mortgages and other loans to help navigate its customers through the COVID-19 crisis, its chief executive told sh...
7c6417102c4deecd67192f1b1b3b5cb3
https://www.reuters.com/article/rbi-independence-demonitisation-idINKBN1542C6?edition-redirect=in
India pressed ahead with banknote ban despite RBI concerns
India pressed ahead with banknote ban despite RBI concerns By Rajesh Kumar Singh, Suvashree Choudhury4 Min Read NEW DELHI/MUMBAI (Reuters) - India pushed ahead with its decision to scrap banknotes even as the Reserve Bank of India’s (RBI) own board expressed concern whether the cash could be replaced quickly enough, th...
315d0b6826c67e8d9a21dacd88db5170
https://www.reuters.com/article/rbssAutoTruckManufacturers/idUSN0151523820090701
U.S. June auto sales tumble, Ford takes share
U.S. June auto sales tumble, Ford takes share By David Bailey5 Min Read DETROIT (Reuters) - U.S. auto sales tumbled 28 percent in June, the narrowest decline in nine months, as Ford Motor Co stole market share from its rivals. A line of Ford autos wait for delivery at the Sill-TerHar Motors Ford dealer in Broomfield, C...
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https://www.reuters.com/article/rbssBanks/idUSN2815963720090728
UPDATE 2-IMF urges more actions to fix Kazakhstan banks
UPDATE 2-IMF urges more actions to fix Kazakhstan banks By Reuters Staff3 Min Read (Recasts to add details from statement) WASHINGTON, July 28 (Reuters) - The IMF on Tuesday urged Kazakhstan to take further measures to restore confidence in its banking sector and said large “anti-crisis” spending will push the budget i...
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https://www.reuters.com/article/rbssBiotechnology/idUSN2054038420091120
UPDATE 1-FDA says Dendreon's drug application is complete
UPDATE 1-FDA says Dendreon's drug application is complete By Reuters Staff1 Min Read * Dendreon says FDA has accepted Provenge application * Says will respond to the application by May 1, 2010 BOSTON, Nov 20 (Reuters) - Dendreon Corp DNDN.O said on Friday that the U.S. Food and Drug Administration has accepted its appl...
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https://www.reuters.com/article/rbssConsumerFinancialServices/idUSN2725662820091027
UPDATE 2-US home price gains may not be sustainable-Shiller
UPDATE 2-US home price gains may not be sustainable-Shiller By Reuters Staff3 Min Read (Adds quotes, background) NEW YORK, Oct 27 (Reuters) - The gains in U.S. home prices in recent months may not be sustainable and increases in some areas of the country appear to be in “bubble territory,” an economist known for his pr...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idINN1633869220091016?edition-redirect=in
Avon calls on singer Fergie for new fragrance
Avon calls on singer Fergie for new fragrance By Reuters Life!2 Min Read CHICAGO, Oct 16 (Reuters Life!) - Black Eyed Peas singer Fergie is working with Avon Products Inc to develop a perfume that will debut next year. The singer will be “intimately involved” in developing the fragrance, packaging, name and campaign, a...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKL1968259820080519?edition-redirect=uk
Ford to boost output, build second plant in Russia
Ford to boost output, build second plant in Russia By Gilles Castonguay2 Min Read TURIN, Italy, May 19 (Reuters) - Ford Motor Co. F.N plans to increase production at its Russian plant to about 125,000 units a year by 2009 to meet growing demand for cars in the midst of a Russian economic boom. Demand is so strong and m...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKN2638155920090126?edition-redirect=uk
UPDATE 1-GM cuts N. American production, plans layoffs
UPDATE 1-GM cuts N. American production, plans layoffs By Kevin Krolicki3 Min Read DETROIT, Jan 26 (Reuters) - General Motors Corp GM.N on Monday said it would lay off 2,000 workers at two assembly plants in Michigan and Ohio and temporarily idle another nine North American assembly plants in response to weak demand. G...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKT30359820080701?edition-redirect=uk
Matsushita eyes $942 mln in fuel cell sales by 2015
Matsushita eyes $942 mln in fuel cell sales by 2015 By Reuters Staff1 Min Read TOKYO, July 1 (Reuters) - Panasonic maker Matsushita Electric Industrial Co Ltd 6752.T aims for 100 billion yen ($942 million) in sales from its nascent home-use fuel-cell business by 2015 as demand grows for greener energy sources. Matsushi...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUKT3177420080613?edition-redirect=uk
Honda China car, engine production still disrupted
Honda China car, engine production still disrupted By Reuters Staff3 Min Read TOKYO, June 13 (Reuters) - Honda Motor Co 7267.T said on Friday the disruption at its Chinese car factories remained unresolved due to patchy supplies of engines from a water-damaged engine plant in the southern city of Guangzhou. Japan's No....
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSL0629754420080506
Swedish Match checking tobacco-free snus complaints
Swedish Match checking tobacco-free snus complaints By Reuters Staff2 Min Read STOCKHOLM, May 6 (Reuters) - Tobacco products firm Swedish Match SWMA.ST said on Tuesday it was investigating whether its tobacco- and nicotine-free snus product could cause cavities after dentists contacted the firm. Swedish Match’s biggest...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSL1132797320080211
Microsoft enters mobile Web fray in earnest
Microsoft enters mobile Web fray in earnest By Georgina Prodhan, European Technology Correspondent4 Min Read BARCELONA (Reuters) - Microsoft took a decisive step into the mobile Web arena with a deal to buy Danger, a mobile software company best known for the Sidekick, to all intents a blueprint for a Google phone. The...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSL1691402220080416
Berlusconi coins "Love Italy, fly Alitalia" slogan
Berlusconi coins "Love Italy, fly Alitalia" slogan By Reuters Staff2 Min Read ROME, April 16 (Reuters) - Silvio Berlusconi, Italy's next prime minister and billionaire businessman, on Wednesday told Italians he flew near-bankrupt national carrier Alitalia AZPIa.MI despite owning several private jets. “This morning I co...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLG10871720090716?pageNumber=2&virtualBrandChannel=0
UPDATE 1-OPAP agents strike, say smoking ban hitting sales
UPDATE 1-OPAP agents strike, say smoking ban hitting sales By Angeliki Koutantou2 Min Read * Agents on strike over gaming tax * Strike may cut daily sales by about 5 mln euros - agents (Adds details) ATHENS, July 16 (Reuters) - Agents for Greek betting firm OPAP OPAr.AT, Europe's biggest, went on strike on Thursday ove...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLN24261420090623
UPDATE 1-Car makers fight EU ban on climate change chemicals
UPDATE 1-Car makers fight EU ban on climate change chemicals By 4 Min Read * Car industry group seeks 2-3 year delay to refrigerant ban * Suppliers say green alternatives proven and available * Scientists say threat from refrigerants worse than thought (Adds industry, political reaction) By Pete Harrison BRUSSELS, June...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLT101011420090529?rpc=401&
Sony Ericsson CEO sees mobile market recovery Q4
Sony Ericsson CEO sees mobile market recovery Q4 By Reuters Staff1 Min Read LONDON, May 29 (Reuters) - Sony Ericsson Chief Executive Hideki Komiyama told Reuters in an interview that he expected the global mobile phone market to grow from Q3 or Q4 2009, but it was “hard to say” whether his company needed extra funds. “...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLT28690320080829
UPDATE 2-PartyGaming poker slowdown prompts downgrades
UPDATE 2-PartyGaming poker slowdown prompts downgrades By Matthew Scuffham4 Min Read (Adds CEO, analyst comment, new share price) LONDON, Aug 29 (Reuters) - Online gaming firm PartyGaming PRTY.L reported a drop in the number of people playing its poker games in the last two months, overshadowing first-half results and ...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0236466020090603
New Yorkers get on their bikes in style
New Yorkers get on their bikes in style By Jui Chakravorty Das, Reuters Life!3 Min Read NEW YORK, June 3 (Reuters Life!) - New Yorkers are getting on their bicycles and they are doing it in style. Frumpy, unfashionable gear has given way to sophisticated, chic and affordable designs by fashion students as more city dwe...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0440246020090504
Tyson Foods saw dip in pork sales as flu spread
Tyson Foods saw dip in pork sales as flu spread By Reuters Staff3 Min Read CHICAGO, May 4 (Reuters) - U.S. meat producer Tyson Foods Inc TSN.N said domestic pork sales slipped as a deadly flu strain spread last week from Mexico to the United States, but the company hopes the loss of business will be temporary. “I saw s...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN0632016920081206?rpc=64
Argentine automakers to sell at cost, protect jobs
Argentine automakers to sell at cost, protect jobs By Reuters Staff2 Min Read BUENOS AIRES, Dec 6 (Reuters) - Argentine automakers will sell basic models at cost through state-subsidized loans in a plan to protect jobs in Latin America’s third-biggest economy from the global economic slowdown, government officials said...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSN1152210620090611
UPDATE 1-U.S. video games sales plunge 23 pct in May-NPD
UPDATE 1-U.S. video games sales plunge 23 pct in May-NPD By Reuters Staff3 Min Read * U.S. game sales below $1 bln in May, first time in 2 yrs * May a weak month typically (Adds table, analysts’ comment) LOS ANGELES, June 11 (Reuters) - U.S. sales of video games dived 23 percent to $863 million in May, research group N...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSSAT00591320081203
Swedish minister-talking to Germany on car units
Swedish minister-talking to Germany on car units By Reuters Staff1 Min Read STOCKHOLM, Dec 3 (Reuters) - Sweden’s industry minister said on Wednesday Sweden was talking to German authorities regarding its auto sector and she hoped to have more information soon on car units Volvo and Saab now the intent of their U.S. pa...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSSEO33673720090830
LG Elec to unveil 15-inch OLED TV for sale in Nov
LG Elec to unveil 15-inch OLED TV for sale in Nov By Reuters Staff2 Min Read SEOUL, Aug 30 (Reuters) - South Korea's LG Electronics 066570.KS said on Sunday it would launch a 15-inch television set using organic display technology next month, the largest commercial model so far. Active-matrix organic light-emitting dio...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST14339520090508
UPDATE 1-Panasonic, Sumitomo Chem co-developing OLED panels
UPDATE 1-Panasonic, Sumitomo Chem co-developing OLED panels By Reuters Staff2 Min Read * Panasonic, Sumitomo in ties to develop super-thin TV panels * Panasonic shares down 0.7 pct vs Nikkei’s 0.1 pct slide TOKYO, May 8 (Reuters) - Japan's Panasonic Corp 6752.T said it was developing advanced display panels based on or...
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https://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST20151820080108
Paramount poised to drop HD DVD format support -FT
Paramount poised to drop HD DVD format support -FT By Reuters Staff2 Min Read TOKYO, Jan 8 (Reuters) - Paramount studios is poised to drop its support of the high-definition DVD (HD DVD) format after Warner Bros studio said it would back the competing Blu-ray format, the Financial Times reported on Tuesday. The loss of...
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https://www.reuters.com/article/rbssEnergyNews/idINN0518073120100405?edition-redirect=in
UPDATE 3-U.S. overestimates natgas output, shale blamed
UPDATE 3-U.S. overestimates natgas output, shale blamed By 0 Min Read * U.S. EIA changing report due to more shale gas output * EIA now using more up-to-date data to estimate output * Louisiana production estimates expected to fall * Updated report slated for April 29 (Recasts, adds EIA quotes, links) By Ayesha Rascoe...
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https://www.reuters.com/article/rbssEnergyNews/idINWLA621320090129?edition-redirect=in
Shell says oil sands focus on de-bottlenecking
Shell says oil sands focus on de-bottlenecking By Reuters Staff1 Min Read LONDON, Jan 29 (Reuters) - Oil major Royal Dutch Shell Plc RDSa.L said its focus in the Canadian oil sands industry was on improving the functioning of its existing facilities rather than sanctioning new projects. Chief Financial Officer Peter Vo...
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https://www.reuters.com/article/rbssEnergyNews/idUKL1075512220080410?edition-redirect=uk
UPDATE 1-Total says Iraq service contracts near deal
UPDATE 1-Total says Iraq service contracts near deal By Reuters Staff2 Min Read (Recasts with details) PARIS, April 10 (Reuters) - Total's TOTF.PA discussions for a contract in Iraq's energy sector are being finalised, the head of the oil major said on Thursday, also saying that the French group was looking at investor...
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https://www.reuters.com/article/rbssEnergyNews/idUKSP623520080625?edition-redirect=uk
UPDATE 2-Shell Malaysia shuts P.Dickson plant for maintenance
UPDATE 2-Shell Malaysia shuts P.Dickson plant for maintenance By Reuters Staff3 Min Read (Recasts with Shell confirmation, adds market movement) KUALA LUMPUR, June 25 (Reuters) - Royal Dutch Shell RDSa.L has shut its 125,000 barrels per day (bpd) oil refinery at Malaysia's Port Dickson for regular maintenance, the comp...
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https://www.reuters.com/article/rbssEnergyNews/idUSL39132520081203
Ukraine gas payments hit by hryvnia drop:Naftogaz
Ukraine gas payments hit by hryvnia drop:Naftogaz By Reuters Staff2 Min Read KIEV, Dec 3 (Reuters) - A fall in the value of the hryvnia currency has cost Ukraine an additional $83 million in meeting the cost of gas shipments and disrupted attempts to pay arrears, the state oil and gas company Naftogaz said on Wednesday...
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https://www.reuters.com/article/rbssEnergyNews/idUSLK70807820080820
UPDATE 1-Talks continue for Iraq oil service deal-BP exec
UPDATE 1-Talks continue for Iraq oil service deal-BP exec By Simon Webb3 Min Read (Adds details, background) DUBAI, Aug 20 (Reuters) - Talks between Iraq and BP BP.L are ongoing for a short-term oil service contract, a senior BP executive said on Wednesday, after a U.S. diplomat in Baghdad cast doubt on such deals earl...
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https://www.reuters.com/article/rbssEnergyNews/idUSLU14573420090130?pageNumber=2&virtualBrandChannel=0&sp=true
Shell gets tough on costs as oil prices bite
Shell gets tough on costs as oil prices bite By Tom Bergin3 Min Read LONDON, Jan 30 (Reuters) - Royal Dutch Shell Plc RDSa.L has intensified its cost-cutting efforts in response to the collapse in oil prices and also plans to step up efforts to improve what it said was a "mixed" safety record. Shell’s head of Explorati...
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https://www.reuters.com/article/rbssEnergyNews/idUSN097607720091009?sp=true
U.S. natural gas rig count climbs 14 to 726
U.S. natural gas rig count climbs 14 to 726 By Reuters Staff2 Min Read NEW YORK, Oct 9 (Reuters) - The number of rigs drilling for natural gas in the United States climbed by 14 this week to 726, according to a report on Friday by oil services firm Baker Hughes in Houston. The U.S. natural gas drilling rig count has ga...
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https://www.reuters.com/article/rbssEnergyNews/idUSN2634247820090626
US rig count up as oil prices lure back drillers
US rig count up as oil prices lure back drillers By Reuters Staff2 Min Read SAN FRANCISCO, June 26 (Reuters) - The number of U.S. rigs working rose for a second week as improved crude oil prices lured back drillers even as natural gas activity weakened, according to figures from Baker Hughes Inc BHI.N on Friday. The ri...
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https://www.reuters.com/article/rbssEntertainmentProduction/idUSN0828582220090908
RPT-Obama warns U.S. teens of perils of Facebook
RPT-Obama warns U.S. teens of perils of Facebook By Reuters Staff2 Min Read (Repeats to add dropped word “as” in second paragraph) WASHINGTON, Sept 8 (Reuters) - President Barack Obama warned American teenagers on Tuesday of the dangers of putting too much personal information on Internet social networking sites, sayin...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews%20/idUSN2045768920080920?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=22&sp=true
U.S. Treasury proposes $700 billion Wall Street bailout plan
U.S. Treasury proposes $700 billion Wall Street bailout plan By Reuters Staff2 Min Read WASHINGTON (Reuters) - The Bush administration proposed a $700-billion taxpayer-funded plan on Saturday to buy up toxic mortgage-related securities in an urgent effort to calm financial markets and attack the nation’s housing crisis...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINL225326220090202?edition-redirect=in
UPDATE 1-EU's Almunia: high chance UK to join euro in future
UPDATE 1-EU's Almunia: high chance UK to join euro in future By Reuters Staff1 Min Read (Adds quote) MADRID, Feb 2 (Reuters) - There is a high chance Britain will join the euro in the future, EU Economic and Monetary Policy Affairs Commissioner Joaquin Almunia said on Monday. “The chance of any country leaving the euro...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINLO17849820090724?edition-redirect=in
FACTBOX-Major loans and creditors of Kazakh bank BTA
FACTBOX-Major loans and creditors of Kazakh bank BTA By Reuters Staff2 Min Read ALMATY, July 24 (Reuters) - Kazakhstan's largest bank, BTA BTAS.KZ, said on Friday it could offer creditors a haircut on its debt repayment of 66 to 97 percent excluding trade finance following a $7.9 billion 2008 loss and further charges t...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINSYD30682120080507?edition-redirect=in
UPDATE 1-Aristocrat says no class action settlement yet
UPDATE 1-Aristocrat says no class action settlement yet By Reuters Staff3 Min Read (Adds detail, background) MELBOURNE, May 7 (Reuters) - Australia's Aristocrat Leisure Ltd ALL.AX, the world's No. 2 slot machine maker, said it had yet to settle a class action suit brought by shareholders who said it did not accurately ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idINT4619920090917?edition-redirect=in
UPDATE 4-New Japan transport minister says JAL must not fail
UPDATE 4-New Japan transport minister says JAL must not fail By 5 Min Read * Maehara says hopes JAL will get bank loans, revive on own * Independent panel reviewing turnaround to be disbanded * JAL attractive for routes into China, access to Haneda * JAL will revise pension cut plan - Nikkei (Recasts with fresh comment...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKL2853766120080628?edition-redirect=uk
Fortis expects no more capital raising - newspaper
Fortis expects no more capital raising - newspaper By Reuters Staff2 Min Read BRUSSELS, June 28 (Reuters) - Measures taken by Fortis FOR.BRFOR.AS to shore up its finances should be sufficient, the Dutch-Belgian bank's supervisory board chairman told Belgian financial daily L'Echo on Saturday. Chairman Maurice Lippens, ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKL794893620090408?edition-redirect=uk
Tax haven crackdown flushes out German tax dodgers
Tax haven crackdown flushes out German tax dodgers By Dave Graham, Josie Cox5 Min Read BERLIN/ZURICH, April 8 (Reuters) - A crackdown on tax havens that prompted Switzerland to loosen its banking secrecy is encouraging more and more Germans to come clean about foreign accounts they use to evade taxes. Berlin has waged ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKLB16099920090511?edition-redirect=uk
UPDATE 1-Dubai's Nakheel gets government cash injection
UPDATE 1-Dubai's Nakheel gets government cash injection By Jason Benham2 Min Read * Says receives funds from Dubai bond * Looks to complete projects, pay outstanding obligations (Adds Nakheel statement, background) DUBAI, May 11 (Reuters) - Nakheel, the state-owned developer of the emirate’s palm-shaped islands, is rec...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUKLS79265120090428?edition-redirect=uk
Dubai contractors still concerned over payments
Dubai contractors still concerned over payments By Jason Benham4 Min Read DUBAI, April 28 (Reuters) - Some Dubai-based construction contractors are concerned over when they will receive further payments from state-linked developers despite cash beginning to trickle into their accounts in the former Gulf Arab boomtown. ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSHKG12360920091102
Hong Kong doesn't want "huge property bubble" -Tsang
Hong Kong doesn't want "huge property bubble" -Tsang By Reuters Staff3 Min Read HONG KONG, Nov 2 (Reuters) - Hong Kong’s move to tighten regulations on mortgage lending last month showed the government wants to avoid a big property bubble, Hong Kong Chief Executive Donald Tsang said on Monday. “We do not want to see a ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSKLR45196220090305
Malaysian bourse to launch Islamic platform in June
Malaysian bourse to launch Islamic platform in June By Reuters Staff2 Min Read KUALA LUMPUR, March 5 (Reuters) - Malaysia’s stock exchange will launch in June a platform to allow banks to execute a popular but controversial Islamic contract with a market worth more than $100 billion. Bursa Malaysia's BMYS.KL Commodity ...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL1538233020080515
Africa Dev't Bank says to stay in Tunisia, for now
Africa Dev't Bank says to stay in Tunisia, for now By Reuters Staff2 Min Read MAPUTO, May 15 (Reuters) - The African Development bank will remain based in Tunisia for at least two years because conditions are still not conducive for its return to Ivory Coast, the group said on Thursday. Ivory Coast, the world’s top coc...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL468472720081004
Emaar in venture to develop $7 bln Saudi project
Emaar in venture to develop $7 bln Saudi project By Reuters Staff2 Min Read RIYADH, Oct 4 (Reuters) - Dubai's Emaar Properties EMAR.DU and Saudi Arabia's al-Shoala Group said they were setting up a joint venture to develop a 27 billion riyal ($7.2 billion) luxury township near the Saudi capital. The 3,100 hectare (7,66...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL960684420080909
Italy's Pop Milano cuts board size to 16
Italy's Pop Milano cuts board size to 16 By Reuters Staff2 Min Read MILAN, Sept 9 (Reuters) - Italy's Banca Popolare di Milano PMII.MI approved changes to its governance structure on Tuesday, including trimming the board to 16 members from 20, the cooperative bank said. The changes were in line with those proposed by t...
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https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLE18816220090114
UPDATE 1-Dubai's Nakheel stops work on 1-km tower for a year
UPDATE 1-Dubai's Nakheel stops work on 1-km tower for a year By Reuters Staff2 Min Read (Adds background) DUBAI, Jan 14 (Reuters) - Nakheel, the state-owned developer of Dubai’s palm-tree shaped islands, said on Wednesday it would halt work on a kilometre (3,281-feet) tall tower for a year in the Gulf’s trade and touri...