Posted at 17:12h
in
News
by KMFSLLP
Andy Haldane says revolution in AI could leave ‘swaths of society in its slipstream’
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Posted at 17:00h
in
News
by KMFSLLP
Lobby group calls for executives to be more vocal about job losses
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Posted at 15:09h
in
News
by KMFSLLP
LONDON, June 12 (Reuters) - WPP's decision to allow
founder Martin Sorrell to quit with share awards worth millions
of pounds faced fresh opposition on Tuesday as Hermes EOS
advised shareholders to vote against the advertising giant's
remuneration report.
Posted at 14:54h
in
News
by KMFSLLP
Critics say the disclosure guidelines have led to misleading projections
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Posted at 14:51h
in
News
by KMFSLLP
June 12 (Reuters) - Goldman Sachs on Tuesday cautioned
investors with U.S. mortgage-backed securities holdings face the
risk of below average returns in the coming year due to rising
bond yields and their current low yield premiums over comparable
U.S. Treasuries.
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Posted at 14:45h
in
News
by KMFSLLP
NEW YORK, June 12 (Reuters) - New York State's highest court
on Tuesday narrowed the reach of a powerful law used by the
state's attorney general to fight financial fraud, handing a
partial victory to Credit Suisse Group AG in an $11
billion lawsuit over defective mortgage securities.
Posted at 14:35h
in
News
by KMFSLLP
June 12 (Reuters) - Bank of America Corp's co-head
of consumer and business banking said on Tuesday he expects the
consumer banking unit's efficiency ratio to remain flat or
improve further as it cuts more costs tied to moving physical
checks and cash.
Posted at 14:24h
in
News
by KMFSLLP
FRANKFURT, June 12 (Reuters) - KKR and Blackstone
have been picked for a second round of bidding for
Sportradar, as investor EQT looks to sell a minority stake that
could value the Swiss sports data group at more than 2 billion
euros ($2.4 billion), sources said.
Posted at 14:07h
in
News
by KMFSLLP
CAIRO, June 12 (Reuters) - Egypt announced on Tuesday new
cuts to electricity subsidies, raising prices by an average of
26 percent from July, the latest in a raft of tough economic
reforms.
Posted at 13:58h
in
News
by KMFSLLP
* European champions needed to compete with U.S. and China
(Updates with details from speech, background)
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