Author Archives: Syndicated Content
Silver Lake submits offer document for Software AG
BERLIN (Reuters) - Silver Lake officially submitted its offer document for Software AG on Wednesday, almost a month after announcing a 2.4 billion euro ($2.64 billion) takeover bid. The financial inve...
May 17, 2023
Soccer-Benfica, Porto, Sporting offices searched in corruption probe
(Reuters) - Portuguese prosecutors and tax authorities investigating 58 million euros in illegal payments relating to soccer transfer deals carried out 60 searches mainly in Lisbon and Porto on Wednes...
May 17, 2023
IQE's annual revenue falls 2% on weak orders
(Reuters) - British chip components maker IQE Plc reported a 2% drop in its annual revenue on Wednesday, hit by reduced orders amid weak demand for consumer electronics. Revenue on a constant currency...
May 17, 2023
Almost 250,000 flee floods in Somali city that 'became like an ocean'
MOGADISHU (Reuters) - Floods have caused almost a quarter of a million people to flee their homes after the Shabelle river in central Somalia broke its banks and submerged the town of Beledweyne, even...
May 17, 2023
Exclusive-Qatar fund explored claims against Switzerland for Credit Suisse losses
By Stefania Spezzati, Paritosh Bansal and America Hernandez (Reuters) - Qatar's sovereign wealth fund, Credit Suisse's second-largest investor, has explored seeking redress for losses incurred by the ...
May 17, 2023
IMF approves Ghana $3 billion loan facility - sources
By Maxwell Akalaare Adombila and Christian Akorlie ACCRA (Reuters) -The International Monetary Fund's executive board has approved a $3 billion, three-year extended credit facility for Ghana, three se...
May 17, 2023
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) - Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to U.S. servers for failing to com...
May 17, 2023
Credit Suisse bond wipe-out will not trigger credit insurance payout
By Chiara Elisei LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wedn...
May 17, 2023
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner (Reuters) - A group of Republican-led U.S. states has asked a federal judge in Texas to strike down a Biden administration rule allowing socially conscious investing by retirement p...
May 17, 2023
Factbox-Pakistan's military courts spotlighted in Khan crisis
By Ariba Shahid KARACHI, Pakistan (Reuters) - Pakistan's government has said it will try in military courts suspects accused of attacking army installations in countrywide protests in the wake of the ...
May 17, 2023
