Author Archives: Syndicated Content
Kodak surges as review says CEO’s option deals broke no laws
By Medha Singh (Reuters) - Shares of Eastman Kodak Co surged more than 40% on Wednesday after an independent review cleared its chief executive of insider trading in relation to a $765 million U.S. go...
Sep 16, 2020
U.S. consumer spending appears to slow in August
WASHINGTON (Reuters) - U.S. consumer spending appeared to slow in August as extended unemployment benefits were cut for millions of Americans, offering more evidence that the economic recovery from th...
Sep 16, 2020
Emerging market central bank bond buying puts credibility at risk, S&P Global says
By Marc Jones LONDON (Reuters) - Emerging market central banks could risk their reputations, sovereign credit ratings and even full-blown economic crises if their bond buying is pursued beyond the cor...
Sep 16, 2020
Exclusive: Walmart’s Flipkart eyes overseas listing as early as 2021: sources
By Sankalp Phartiyal and Nivedita Bhattacharjee NEW DELHI/BENGALURU (Reuters) - Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as ...
Sep 16, 2020
WikiLeaks’ Assange was careful to protect informants, court hears
LONDON (Reuters) - WikiLeaks' founder Julian Assange was careful to ensure that the names of informants in hundreds of thousands of leaked secret U.S. government documents were never published, his Lo...
Sep 16, 2020
Arm China investor sues company, escalating CEO spat amid sale
By Josh Horwitz SHANGHAI (Reuters) - The Chinese division of UK-based chip designer Arm Ltd has been sued by an investor over its board's attempt to oust the unit's chief executive, escalating an inte...
Sep 16, 2020
Hong Kong formally objects to U.S. demand for ‘Made in China’ export label
HONG KONG (Reuters) - Hong Kong has filed a formal objection with the United States over its demand for "Made in China" labels on goods exported from the Chinese semi-autonomous city, the commerce sec...
Sep 16, 2020
‘Don’t do it’: studies flash sub-zero rate warnings to central banks
By Dhara Ranasinghe LONDON (Reuters) - Six years after the ECB cut interest rates below 0%, behavioural finance gurus have a message for other central banks thinking about taking the plunge: don't. Ra...
Sep 16, 2020
Ex-head of world athletics Diack found guilty of corruption
PARIS (Reuters) - The former head of world athletics' governing body, Lamine Diack, was convicted in France on Wednesday of corruption in a Russian doping scandal. Diack, 87, was found guilty of accep...
Sep 16, 2020
France regrets that Lebanese government not yet formed but says there is still time
PARIS (Reuters) - France said on Wednesday it regretted the fact that Lebanese politicians had failed to form a government two weeks after French President Emmanuel Macron set a Sept. 15 deadline, but...
Sep 16, 2020
