By Lewis Jackson SYDNEY (Reuters) – PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice but is unlikely to repair its[...]
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June 27, 2023
JPMorgan Chase $290 million settlement with Epstein accusers wins preliminary approval
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein abused t[...]
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Renault CEO says free float of future electric unit will be more than 10%
PARIS (Reuters) – A sizeable chunk of Renault’s planned electric vehicle spinoff could remain in free float on the stock market, its CEO said in an interview published on Tuesday, declinin[...]
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Thai exports drop less than expected in May, seen improving in second half
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s exports contracted less than expected in May, as higher industrial goods shipments and a weakening baht helped offset s[...]
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Marketmind: China gets weary of a weakening yuan
A look at the day ahead in European and global markets from Vidya Ranganathan. The U.S. dollar’s protracted smile is making China and Japan uncomfortable. China, unencumbered as it is by global[...]
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Investors watch for quarter-end rebalancing in US stocks, bonds and options
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions and quarter-end rebalancing by portfolio managers to poten[...]
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Asia lobby group pushes for easing of China’s offshore listing rules
By Selena Li HONG KONG (Reuters) -China’s new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and avoid breachi[...]
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Starbucks to issue ‘clearer’ decor rules after pride month clash with union
(Reuters) -Starbucks plans to issue “clearer” centralized guidelines for in-store visual displays following a union’s allegations that managers banned Pride-themed decor, the coffee[...]
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Nvidia brings its AI computing platform to cloud data firm Snowflake
By Jane Lanhee Lee OAKLAND, California (Reuters) – Snowflake a cloud data analytics company, is partnering with computing company Nvidia to allow customers ranging from financial institutions to[...]
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