Author Archives: Syndicated Content
Morgan Stanley investors back bank directors, executive pay packages
NEW YORK (Reuters) - Morgan Stanley shareholders voted overwhelmingly to elect all bank directors and approve the bank's executive compensation packages, according to a preliminary tally of the shares...
May 20, 2021
Bank of Canada says cryptoassets' volatility is obstacle to payment acceptance
By Julie Gordon and David Ljunggren OTTAWA (Reuters) -Price volatility is keeping cryptoassets from being widely accepted as a means of payment, the Bank of Canada said on Thursday, though the markets...
May 20, 2021
Britain's GSK exits U.S. drugmaker Innoviva in $392 million deal
(Reuters) -GlaxoSmithKline has sold its entire stake in Innoviva back to the U.S.-based biopharmaceutical company for about $392 million, the British drugmaker said on Thursday, as it simplifies opera...
May 20, 2021
Norwegian man gets 12 years for rampage in hijacked ambulance
OSLO (Reuters) - A Norwegian man was found guilty and sentenced to 12 years in prison on Thursday for hijacking an ambulance in 2019 and attempting to run over and kill seven people, including two pol...
May 20, 2021
Motor racing-Mercedes F1 boss warns of 'bendy wing' protests
By Alan Baldwin (Reuters) - Mercedes team boss Toto Wolff warned on Thursday of possible protests and court action if Formula One's governing body did not speed up a 'half-baked' clampdown on flexible...
May 20, 2021
U.S. banks ready to start limiting balance sheet growth - Fed survey
(Reuters) - About two-thirds of U.S. banks are either already taking measures to limit the growth in their balance sheets or would take steps to cap them if they continue growing, a Federal Reserve su...
May 20, 2021
Hong Kong's Art Basel fair opens with physical and virtual shows
(Clarifies title of Art Basel director in paragraph 5) By Pak Yiu and Farah Master HONG KONG (Reuters) -The Art Basel contemporary art fair opened in Hong Kong on Wednesday, offering a combination of ...
May 20, 2021
U.S. imposes sanctions on two Houthi military leaders
DUBAI (Reuters) - The United States is imposing sanctions on two Houthi military officials as the Iran-aligned movement continues its offensive to seize Yemen's gas-rich Marib region, U.S. special env...
May 20, 2021
Saudi Arabia seeks Greek archaeology expertise for nascent culture sector
By Marwa Rashad LONDON (Reuters) - Saudi Arabia is seeking Greek expertise in archaeological excavation for its nascent cultural sector as it tries to diversify economy beyond oil and enhance quality ...
May 20, 2021
Philly Fed factory activity grows at slower pace in May
By Evan Sully (Reuters) - Factory activity in the U.S. mid-Atlantic region slowed down in May after hitting its highest pace in nearly half a century earlier this spring, a survey showed on Thursday. ...
May 20, 2021
