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Australia’s AMP Says Ares Keen To Buy Unit’s $1.7 Billion Private…
Troubled Australian wealth manager AMP Ltd said on Monday that Ares Management was interested in a potential buyout…
Visa Moves To Allow Payment Settlements Using Cryptocurrency
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment…
Czech Billionaire Kellner killed In Alaska Helicopter Crash
The Czech Republic’s richest man, billionaire Petr Kellner, was killed in a helicopter crash in Alaska, his…
Investors BlackRock, Vanguard Join Net Zero Effort
Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas…
Nomura Flags $2 Billion Loss, Cancels Bond Issue; Shares Plummet
Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest…
Euro Set For Biggest Monthly Drop Since Mid-2019 On Economy Fears
The euro languished below $1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany…
Treasury Wine Faces 175.6% Duty Rate For Australian Wine Exports To China
Treasury Wine Estates Ltd, the world’s largest standalone winemaker, said on Monday that Beijing had imposed a…
Singapore Wealth Fund Buys 2.5% Stake In Cellnex From Benetton Family
Singapore wealth fund GIC has agreed to buy a 2.5% stake in Europe’s largest mobile phone towers operator Cellnex…
France, EU Close To A Deal On Air France Bailout: Minister
France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been…
Exxon, Chevron Take A Slow Walk On The Path To U.S. Shale Recovery
Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a…
Alibaba-Backed Energy Monster Caught In Legal Dispute Ahead Of U.S. Listing
Energy Monster, China’s biggest mobile device power bank startup backed by Alibaba and SoftBank, is embroiled in an…
Saudi Arabia Seeks To Draw In Foreign Companies
Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters in Riyadh.…
Banks Warn On Losses After Archegos Capital Stock Unwind
Nomura and Credit Suisse warned on Monday they were facing significant losses after a U.S. hedge fund, named by…
Dominion Voting Systems Sues Fox News For $1.6 Billion Over Election Claims
Dominion Voting Systems Corp filed a $1.6 billion defamation lawsuit against Fox News, accusing the cable news…
Citi hires Goldman’s Chief Diversity Officer
Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global…
Demand For German Goods Keeps Economy Humming Through Lockdown
German business morale hit its highest level in almost two years in March as rising demand for manufactured goods…
Bank Of England Urges Banks To Keep The Lending Taps Open
The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the…
U.S. Bail-Bond Insurers Spend Big To Keep Defendants Paying
Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in…
Commodity Gains Push European Stocks To 1-Week High
European stocks rose on Friday, helped by gains in commodity-linked companies as investors balanced worries about…
China Potential Economic Output May Grow 5%-5.7% Over 5 Years: Central Bank…
China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank…
Foreign Funds Have Billions At Stake In Turkish Market Volatility
Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this…
US Congress Piles Pressure On Big Tech CEOs Over Misinformation
Only Twitter Inc CEO Jack Dorsey replied “yes” to the question but said the “broader ecosystem” had to be taken…
Suez Canal Authorities Need To Remove Up To 706,000 Cubic Feet Of Sand To Free The…
Up to 20,000 cubic meters (706,000 cubic feet) of sand in the Suez Canal need to be removed to free the gigantic…
FIFA To Earn £3bn From Qatar 2022
FIFA is set to generate £3bn from the World Cup in Qatar, while thousands of migrant workers have lost their lives…
Total Nigeria Trains 2,181 Fuel Truck Drivers
Total Nigeria Plc says it has trained 2,181 drivers in the last four years against the backdrop of serious concerns…
Canada calling? Hong Kong Residents Shift Billions Abroad After Clampdown
As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the…
Dollar Holds Advantage On Economic Optimism, Euro Looks Vulnerable
The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism…
Wrong For China To Sanction UK Individuals: British Minister
British housing minister Robert Jenrick said it was wrong for China to have sanctioned UK individuals and entities…
Uber To Reopen San Francisco Offices With Limited Capacity Next Week
Uber Technologies Inc said on Thursday it plans to reopen its offices at Mission Bay, San Francisco, with 20%…
Burberry Becomes First Luxury Brand To Suffer Chinese Backlash Over Xinjiang
Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game,…