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thomson reuters

Financial business

A representation of the cryptocurrency is seen in front of the Binance logo in this illustration taken March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register DUBAI, March 16 (Reuters) – The world’s largest cryptocurrency exchange Binance has been granted a license to conduct certain operations in Dubai, the …

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Financial business

Women walk past a sign showing U.S. dollar and euro signs on a street in Saint Petersburg, Russia February 25, 2022. REUTERS/Anton Vaganov Join now for FREE unlimited access to Reuters.com Register WASHINGTON, March 14 (Reuters) – A Russian sovereign debt default would worsen the situation for Russia’s economy and financial system, making it harder …

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Audit commission

SHANGHAI, March 11 (Reuters) – China’s securities regulator said on Friday it was confident it would reach an agreement with its U.S. counterparts on securities supervision, after listed Chinese stocks fell in the United States following the designation of the first Chinese companies potentially delisted. Earlier this week, the U.S. Securities Exchange Commission (SEC) identified …

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Financial business

WASHINGTON, March 9 (Reuters) – U.S. President Joe Biden on Wednesday signed an executive order requiring the government to assess the risks and benefits of creating a central bank digital dollar, along with other cryptocurrency issues , the White House said. Bitcoin has been in the news as the administration’s holistic and deliberative approach eased …

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Finance staff

A UniCredit logo is sen in downtown Rome, May 10, 2016. REUTERS/Tony Gentile/ Join now for FREE unlimited access to Reuters.com Register UniCredit and BNP detail multi-billion euro Russian exposures BNP cuts IT staff based in Russia and strengthens cyber defenses S&P Global is the latest to suspend business operations in Russia European bank stocks …

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Financial analyst

STORE Capital Co. (NYSE: STOR – Get a rating) The stock price hit a new 52-week low in trading on Tuesday after Morgan Stanley lowered its price target on the stock from $36.00 to $35.00. Morgan Stanley currently has an equal weight rating on the stock. STORE Capital traded as low as $28.66 and last …

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Financial business

Feb. 24 (Reuters) – Morgan Stanley (MS.N) said on Thursday that U.S. regulators and prosecutors were investigating various aspects of the investment bank’s block trading business. The disclosure in a regulatory filing follows reports that the U.S. Securities and Exchange Commission (SEC) is investigating whether financial executives may have breached rules by advising hedge funds …

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Financial business

The logo of German energy services company Uniper SE is pictured at the company’s headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen Join now for FREE unlimited access to Reuters.com Register Uniper financed 950 million euros for the pipeline Warned of a risk of depreciation in the past Nord Stream 2 was suspended on …

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Financial business

Jan 21 (Reuters) – Digital banking provider Chime Financial Inc has asked Goldman Sachs Group Inc (GS.N) to help it prepare for an initial public offering in New York, according to people familiar with the matter. The fintech startup will likely be valued at a substantial premium to its $25 billion valuation from an August …

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Financial analyst

Analysts expect OrthoPediatrics Corp. (NASDAQ: KIDS) Reports $ 25.06 Million in Revenue for Current Fiscal Quarter, According to Zacks investment research. Three analysts provided earnings estimates for OrthoPediatrics, with the highest sales estimate at $ 25.61 million and the lowest estimate at $ 24.76 million. OrthoPediatrics reported sales of $ 18.92 million in the same …

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Virtual finance

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) – Bitcoin near $ 70,000, billion-dollar “memecoins”, successful Wall Street listing and widespread Chinese crackdown: 2021 has been the craziest crypto yet -currencies, even by volatile industry standards. Digital assets started the year with a rush of cash from investors large and small. And bitcoin and its …

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Finance staff

The City of London Financial District can be viewed in London, Great Britain on October 22, 2021. REUTERS / Hannah McKay / Register now for FREE and unlimited access to Reuters.com Register LONDON, Dec.20 (Reuters) – The number of finance jobs transferred from Britain to the European Union due to Brexit is lower than initially …

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Financial business

Dec. 15 (Reuters) – Shares of Chinese healthcare and tech companies fell on Wednesday after a report the United States would add more Chinese companies, including the largest maker of commercial drones and biotech firms , to investment and export blacklists this week. The Financial Times reported, citing two sources with knowledge of the plans, …

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Virtual finance

U.S. President Joe Biden speaks at the start of a virtual summit with leaders of democratic nations at the State Department’s Democracy Summit at the White House in Washington, U.S. on December 9, 2021. REUTERS / Leah Millis Register now for FREE and unlimited access to reuters.com Register WASHINGTON, December 10 (Reuters) – US President …

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Financial business

UNITED NATIONS, Nov.22 (Reuters) – The United Nations on Monday called for urgent action to support Afghan banks, warning that a spike in people unable to repay loans, a drop in deposits and a shortage of cash could cause the collapse of the financial system in months. In a three-page report on the Afghan banking …

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Finance staff

A locked door is seen after the closure of the Hong Kong Disneyland theme park, following the coronavirus outbreak in Hong Kong, China on January 26, 2020. REUTERS / Tyrone Siu / File Photo HONG KONG, Nov. 17 (Reuters) – Hong Kong Disneyland Park will close for a day on Wednesday to allow staff to …

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Finance staff

Credit Suisse fined for corrupt Mozambique loans Swiss regulator said espionage was more widespread than thought Scandals revive Swiss push for banking reform ZURICH / FRANKFURT, Oct. 20 (Reuters) – Credit Suisse misled authorities by spying on staff and lied to investors about a corrupt loan in Mozambique, regulators said, painting a grim picture of …

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Finance staff

DRIFFIELD, England, Oct. 18 (Reuters) – When Nigel Upson checks plucked chicken carcasses hanging from a rotating line at his poultry factory in England, he sees his company’s money bleeding out following a collision of events that has turned every part of the farm-to-fork supply chain upside down. Like food manufacturers across Britain, Upson has …

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Financial business

The logo of the International Monetary Fund (IMF) is seen outside the headquarters building in Washington, United States on September 4, 2018. REUTERS / Yuri Gripas WASHINGTON, Oct. 13 (Reuters) – Economic growth in the poorest countries will likely lag pre-pandemic expectations for years to come, given gaps in immunization rates, income growth and capacity …

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Financial business

The logo of Swiss bank UBS can be seen in a branch in Zurich, Switzerland on June 22, 2020. REUTERS / Arnd Wiegmann ZURICH, Oct.6 (Reuters) – High net worth clients of UBS (UBSG.S) have raised $ 650 million for the largest biotech impact fund ever, the Swiss bank said on Wednesday. Impact investing – …

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Financial business

Federal Reserve Vice Chairman Richard Clarida speaks on the phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, United States on August 23, 2019. REUTERS / Jonathan Crosby / File Photo October 2 (Reuters) – U.S. Federal Reserve Vice Chairman Richard Clarida traded between $ 1 million and $ 5 million …

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Virtual finance

Cathie Wood, Founder and CEO of ARK Investment Management LLC, speaks at the Skybridge Capital SALT New York 2021 conference in New York, United States on September 13, 2021. REUTERS / Brendan McDermid / File Photo NEW YORK, Sept.28 (Reuters) – A large sell-off of tech and growth names hit star stock picker Cathie Wood’s …

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Financial business

Jamie Dimon, CEO of JPMorgan Chase, participates in a panel discussion on investing in Detroit during a panel discussion at the Kennedy School of Government at Harvard University in Cambridge, Massachusetts, the United States, April 11, 2018. REUTERS / Brian Snyder / File Photo WASHINGTON, Sept.28 (Reuters) – JPMorgan Chase & Co (JPM.N) has started …

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Finance staff

The logo of UniCredit bank in the old city center of Siena, Italy on June 29, 2017. REUTERS / Stefano Rellandini MILAN, Sept.28 (Reuters) – UniCredit (CRDI.MI) announced on Tuesday that it had created an Italian wealth management and private banking division to be headed by Stefano Vecchi from October 1. Vecchi, whose division will …

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Financial business

A man looks at an electrical panel showing the Nikkei Index outside a brokerage house in a business district in Tokyo, Japan on June 21, 2021. REUTERS / Kim Kyung-Hoon Asian scholarships: https://tmsnrt.rs/2zpUAr4 Oil climbs on tight supply, strong demand Markets hope Beijing will contain Evergrande fallout US Debt Ceiling Deadline Approaches, Spending Bill Will …

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Financial business

An oil tanker is seen at the cargo terminal of the Jose Refinery in Venezuela in this undated file photo. / File photo CARACAS / HOUSTON / WASHINGTON, Sept.25 (Reuters) – Venezuela has struck a key deal to swap its heavy oil for Iranian condensate it can use to improve the quality of its tar-type …

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Financial business

The front facade of the New York Stock Exchange (NYSE) is seen in New York, United States, February 16, 2021. REUTERS / Brendan McDermid / File Photo Nike slips after lowering its full-year sales estimate Crypto firms fall as crackdown in China intensifies Indices down: Dow, S&P flat, Nasdaq down 0.2% NEW YORK, Sept. 24 …

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Finance staff

Parties are not expected to announce the deal until after the October 3-4 vote Sale meets resistance from ruling lawmakers UniCredit has set strict conditions for purchasing selected parts of MPS ROME, September 24 (Reuters) – Italy’s Treasury is confident it will be able to announce a deal to sell parts of state-owned Monte dei …

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Financial business

Birds and a plane are seen flying over the emissions from the chimneys of a chemical plant near Port Botany in Sydney, Australia, June 2, 2017. REUTERS / David Gray SYDNEY, Sept. 24 (Reuters) – Australia must align with developed countries and commit to reducing carbon emissions to net zero by 2050, or face higher …

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Financial business

Shoppers are seen outside Macy’s in the Manhattan neighborhood of New York, New York, United States, March 30, 2021. REUTERS / Caitlin Ochs / File Photo Sept. 21 (Reuters) – Macy’s Inc (MN) on Tuesday announced plans to hire approximately 76,000 full and part-time workers at its stores, call centers and warehouses ahead of this …

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Financial business

An exterior view of the China Evergrande Center in Hong Kong, China on March 26, 2018. REUTERS / Bobby Yip / File Photo HONG KONG, Sept. 20 (Reuters) – Shares of China Evergrande Group (3333.HK) plunged to their lowest level in more than 11 years on Monday, extending losses as executives try to salvage its …

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Financial business

U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services regarding the Treasury Budget Request for Fiscal Year 22 at Capitol Hill in Washington, DC, United States, on June 23, 2021. Shawn Thew / Pool via REUTERS WASHINGTON, Sept. 19 (Reuters) – US Treasury Secretary Janet Yellen on Sunday appealed again …

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Financial analyst

Analysts predict that Provident Financial Services, Inc. (NYSE: PFS) will post earnings of $ 0.45 per share for the current fiscal quarter, Zack reports. Three analysts estimated Provident Financial Services earnings, with the lowest EPS estimate being $ 0.45 and the highest estimate being $ 0.46. Provident Financial Services posted earnings per share of $ …

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Financial business

Sept. 16 (Reuters) – Los Angeles Dodgers part-owner Todd Boehly made a lucrative offer last March that Sportradar Group AG (SRAD.O) founder and CEO Carsten Koerl couldn’t pass up. He proposed a merger with his Special Purpose Acquisition Company (SPAC) Horizon Acquisition Corp II that would have valued Sportradar at $ 10 billion. That was …

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Financial business

The seal of the United States Securities and Exchange Commission (SEC) is visible at their headquarters in Washington, DC, United States, on May 12, 2021. REUTERS / Andrew Kelly / File Photo NEW YORK, Sept. 15 (Reuters) – A Southern California company that sells beer, wine and bottled water targeting female customers has been sued …

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Financial business

The Google Play logo is displayed at the Tokyo Game Show 2019 in Chiba, east of Tokyo, Japan on September 12, 2019. REUTERS / Issei Kato / File Photo OAKLAND, Calif., Aug. 28 (Reuters) – Alphabet Inc’s Google (GOOGL.O) generated $ 11.2 billion in revenue from its mobile app store in 2019, according to an …

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Finance staff

A Wall Street sign is pictured outside the New York Stock Exchange in New York on October 28, 2013. REUTERS / Carlo Allegri Aug. 9 (Reuters) – Investment bank Jefferies Financial Group Inc (JEF.N) has significantly increased the salaries of its bankers, a source familiar with the matter said on Monday, reflecting recent salary increases …

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Finance staff

The HSBC logo is seen on a bank branch in the Financial District of New York, United States on August 7, 2019. REUTERS / Brendan McDermid // File Photo Author of “Project Speak Up” Alleged Discrimination at HSBC Said the bank reacted well, but not supported by colleagues HSBC welcomes “a former employee’s commitment to …

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Financial analyst

National Energy Services Reunited Corp. (NASDAQ: NESR) – National Bank Financial investment analysts lowered their FY2021 EPS estimates for National Energy Services Reunited in a research note released on Wednesday, August 4. National Bank Financial analyst D. Payne now predicts the company will post earnings per share of $ 0.78 for the year, down from …

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Finance staff

First-half profit up 57% to $ 2.55 billion Bank to pay out about $ 350 million to shareholders Income is falling, showing a long-term challenge of low interest rates London stocks rise 1.2% HONG KONG / LONDON, Aug 3 (Reuters) – Standard Chartered PLC (STAN.L) reported a 57% higher-than-expected jump in first-half profits and $ …

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Financial business

Visitors to the BHP (formerly BHP Billiton) booth speak with representatives at the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada, March 4, 2019. REUTERS / Chris Helgren / File Photo July 20 (Reuters) – Global mining group BHP (BHP.AX) is considering pulling out of oil and gas in a …

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Financial business

TOKYO, July 19 (Reuters) – A Tokyo court on Monday handed down the first sentences in Japan linked to the arrest and escape of Carlos Ghosn, jailing US Army Special Forces veteran Michael Taylor for two years and his son Peter for a year and eight months to help the former president of Nissan Motor …

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Financial business

WILMINGTON, Del., July 13 (Reuters) – Elon Musk told a judge on Tuesday that Tesla Inc (TSLA.O) had to buy SolarCity in 2016 because the failing solar panel company was critical to the long-term goal of the manufacturer of electric vehicles to accelerate the transition to sustainable energy. The famous CEO gave about eight hours …

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Financial business

WILMINGTON, Delaware, July 12 (Reuters) – Elon Musk spoke on Monday to defend the 2016 acquisition of SolarCity by Tesla Inc (TSLA.O) against a lawsuit filed by shareholders seeking to recover the $ 2.6 billion dollars that the company paid for the ailing solar panel manufacturer. “Pretoria, South Africa,” Musk said, answering the first question …

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Financial business

July 6 (Reuters) – Mutual fund boards would be required to disclose information about the gender diversity and racial diversity of their directors under a rule change recommended to the leading U.S. securities regulator. The suggestion for an advisory subcommittee of the U.S. Securities and Exchange Commission, which would require additional approval, goes further than …

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Financial analyst

A man takes cover under an umbrella as he walks past the London Stock Exchange in London, Britain August 24, 2015. REUTERS / Suzanne Plunkett / File Photo Morrisons leads mid caps PM Johnson to set plans to ease lockdown Britain’s Spire falls after Ramsay Health softens its offer FTSE 100 adds 0.6%, FTSE 250 …

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Financial business

LONDON, July 5 (Reuters) – Britain’s financial watchdog on Monday offered to facilitate the listing of tech companies in London to boost the capital’s ability to compete with New York and the European Union after Brexit. The Financial Conduct Authority (FCA) has proposed to allow dual class share structures for “innovative companies, often run by …

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Finance staff

A Barclays Bank building is seen at Canary Wharf in London, Great Britain on May 17, 2017. REUTERS / Stefan Wermuth / Files Leave the office building of the investment bank by 2022 Banks around the world are shrinking their real estate footprint Barclays consolidates its “campus” sites around the world LONDON, June 30 (Reuters) …

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Finance staff

ERA Key Realty Services recently announced that Bernadette M. Syppko of Marlborough has joined ERA Key as a Realtor in the Marlborough office. Syppko also works as a retail merchandiser for Hallmark and previously was a contract facilitator for the U.S. Postal Service (USPS). Before retiring after more than 33 years at the USPS, she served as …

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Financial business

The Danske Bank sign can be seen at the Estonian branch of the bank in Tallinn, Estonia on March 25, 2019. REUTERS / Ints Kalnins COPENHAGEN, June 25 (Reuters) – Danske Bank said on Friday it was charged with breaking market abuse rules after a criminal complaint filed by the Danish Financial Supervisory Authority (FSA) …

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