Author Archives: Syndicated Content
Elliott presses SoftBank to identify $10 billion of investments it holds: sources
By Clara Denina LONDON (Reuters) - Elliott Management Corp is pressing SoftBank Group Corp for details of nearly-$10 billion of investment securities on its balance sheet, as part of its campaign to i...
Feb 28, 2020
Michael Bloomberg says he would de-escalate trade tensions with China
By Jason Lange MEMPHIS (Reuters) - Democratic Presidential candidate Michael Bloomberg on Friday pledged to de-escalate a U.S.-China trade war, make it easier for farmers to hire foreign laborers and ...
Feb 28, 2020
Prudential investors back Loeb but in no rush to execute break-up plan
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) - Shareholders in Prudential Plc have given their blessing to a bid by activist investor Third Point to carve up Britain's largest insurer but advise...
Feb 28, 2020
Nomura strengthens Americas investment banking team with five senior hires
NEW YORK (Reuters) - Japanese bank Nomura has strengthened its investment banking team in the Americas, making five senior appointments to expand its coverage across financial institutions, healthcare...
Feb 28, 2020
Eurogroup's Centeno: euro zone "ready to act" on coronavirus impact if needed
By Sergio Goncalves and Ingrid Melander LISBON (Reuters) - The coronavirus seems to be a "temporary shock" to the euro zone economy but the bloc's member states must be prepared to act in a coordinate...
Feb 28, 2020
Insurers could lose billions if coronavirus prompts Olympics cancelation
By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) - Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of i...
Feb 28, 2020
Deutsche Post says coronavirus hit earnings by 60-70 million euros this month
BERLIN (Reuters) - Deutsche Post said on Friday that the coronavirus outbreak had wiped around 60-70 million euros ($65-$76 million) from its group earnings before interest and taxes (EBIT) in Februar...
Feb 28, 2020
Tokyo Games' fate in hands of powerful IOC boss Bach
By Karolos Grohmann ATHENS (Reuters) - Having pumped more than 12 billion dollars over nearly a decade into preparing for the 2020 Tokyo Olympics, Japan's dream is at risk from the coronavirus - and o...
Feb 28, 2020
'Wall-to-wall campaign': Californians bombarded with Bloomberg ads
By Elizabeth Culliford SAN FRANCISCO (Reuters) - Elizabeth Isabella, a homemaker in Burbank, California, was driving car pool when her 10-year-old son Lachlan started reciting YouTube ads by U.S. Demo...
Feb 28, 2020
ECB rate setters see no need for action as coronavirus spreads
By Francesco Canepa and Francesco Guarascio FRANKFURT/BRUSSELS (Reuters) - The European Central Bank does not need to take immediate action in response to the coronavirus epidemic, two ECB policymaker...
Feb 28, 2020
