By Selena Li HONG KONG (Reuters) -HSBC Holdings PLC on Monday pushed aside a proposal by an activist shareholder in Hong Kong to spin off its mainstay Asia business, reiterating the adverse impact on[...]
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April 3, 2023
Brazil’s Americanas meeting with creditors as it looks for debt settlement
SAO PAULO (Reuters) – Brazilian retailer Americanas said on Monday it was holding periodic meetings with creditors as it looks for a deal to settle its debts, although no agreement has been reac[...]
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EY fined, banned from some audits in Germany over Wirecard scandal
BERLIN (Reuters) – Germany’s accounting watchdog on Monday handed the 2016-2018 auditor of Wirecard, named in the company’s annual reports as EY, a 500,000 euro fine ($541,650.00) an[...]
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US Army awards Lockheed up to $4.5 billion missiles contract
(Reuters) – Lockheed Martin Corp said on Monday the U.S. Army has awarded a multi-year production contract for Joint-Air-to-Ground Missiles (JAGM) and HELLFIRE missiles, in a deal that could go[...]
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Tesla posts record quarterly deliveries after price cuts, up 4% from Q4
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales growth was modest despite price cuts as rising competitio[...]
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M&G to oppose private equity bid for UK events group Hyve – FT
(Reuters) -M&G Investments will vote against a takeover of British events group Hyve PLC, along with two other Hyve shareholders who think the bid significantly undervalues the international exhib[...]
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Japan’s SMBC CEO is watching out for chances to expand US assets
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -The new head of Sumitomo Mitsui Banking Corp (SMBC) said the Japanese bank is watching closely for chances to buy assets in the United States, a[...]
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Marketmind: Crude cut complicates Q2
A look at the day ahead in U.S. and global markets from Mike Dolan An aggravating jump in crude oil prices greets the start of the second quarter as investors try to figure out whether OPEC’s su[...]
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Humans vs. machines: the fight to copyright AI art
By Tom Hals and Blake Brittain (Reuters) – Last year, Kris Kashtanova typed instructions for a graphic novel into a new artificial-intelligence program and touched off a high-stakes debate over[...]
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