Category Archives:
Italy in talks with EU to hive off MPS’ legal risks – source
ROME (Reuters) - Italy's Treasury has started discussing with European Union authorities a plan to spin off non-ordinary litigation risks weighing on Monte dei Paschi di Siena (MPS) and keep them in s...
Jul 30, 2021
U.S. House advances bills to address Archegos, GameStop turmoil
By Pete Schroeder and Svea Herbst-Bayliss WASHINGTON (Reuters) - Wealthy families that set up investment funds known as "family offices" to manage their personal wealth would face stricter oversight f...
Jul 30, 2021
Citigroup gets regulatory nod for fund custody business in China
SHANGHAI (Reuters) - Citigroup said on Friday it had become the first major global custodian allowed to operate an onshore fund custody business in China, tapping into the country's $19 trillion asset...
Jul 30, 2021
U.S. oil services firm Baker Hughes to buy back $2 billion in shares
By Liz Hampton and Arathy S Nair (Reuters) -U.S. oilfield services provider Baker Hughes Co said on Friday it had authorized Baker Hughes Holdings LLC to repurchase up to $2 billion of its common unit...
Jul 30, 2021
Canada says fourth COVID surge can be limited with vaccinations, slow reopening
OTTAWA (Reuters) - Canada's COVID-19 cases are creeping higher at the start of what could be a fourth wave, which can be kept under control if vaccinations continue and there is a cautious relaxation ...
Jul 30, 2021
Champagne growers struggle in one of the wettest summers on record
LE BRUEIL, France (Reuters) - The rain gauges have been overflowing in Maxime Toubart's vineyards and that is bad news for his champagne vintage. He says his corner of France has seen 300 mm of rain o...
Jul 30, 2021
Farm produce giant Dole valued at $1.4 billion in NYSE debut as shares fall
(Reuters) -Dole Plc shares fell more than 6% in their New York Stock Exchange debut on Friday, giving the fruit and vegetable grower a valuation of nearly $1.4 billion. The company's stock opened at $...
Jul 30, 2021
Olympics-Swimming-Mixed Relay to make debut in Tokyo pool
By Simon Evans TOKYO (Reuters) - Olympic swimming's newest event makes its debut in Tokyo on Saturday when the men and women of the top nations do battle in the mixed medley relay. The event was intro...
Jul 30, 2021
Global bonds in July notch up best month since 2020 COVID meltdown
By Yoruk Bahceli (Reuters) - Government bonds enjoyed their biggest monthly rally in July since at least March 2020, driven by risks from the COVID-19 Delta variant and central bank assurances that a ...
Jul 30, 2021
Blast hits bus carrying soccer team in Somalia’s Kismayo, 5 dead -police
GAROWE, Somalia (Reuters) - An explosive planted on a bus carrying soccer players in Somalia's port city of Kismayo killed at least five players, a police officer said on Friday. "We have confirmed fi...
Jul 30, 2021
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