IDB directors unanimously recommend firing Claver-Carone after ethics probe

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – The Inter-American Development Bank’s board of directors voted unanimously on Thursday to recommend firing … Read more

Russia’s Positive Technologies sticks to share placement plan despite market slump

Register now for FREE unlimited access to Reuters.com Register Sept 22 (Reuters) – Russia’s Positive Technologies still plans to go ahead with its secondary public offering (SPO), despite a sell-off in the Russian share market this week, executives of the cybersecurity firm said on Thursday. The company launched a placement of up to 2.6 million … Read more

Novartis to prioritize US market unfazed by drug pricing pushback

Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, Sept 22 (Reuters) – Swiss pharma giant Novartis (NOVN.S) said it would make growth in the United States its top geographic … Read more

China’s Nio takes on BMW, Mercedes in home market with flexible battery plan

People visit the Nio booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 21 (Reuters) – Chinese electric-car startup Nio is looking to grab a share of Europe’s growing market for electric vehicles by rolling … Read more

Exclusive: PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine

Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine NEW YORK/MOSCOW, Sept 20 (Reuters) – PepsiCo Inc (PEP.O) has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the US company said it would … Read more

Big bank CEOs to highlight economic, regulatory challenges to Congress -testimony

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, US, November 23, 2021. REUTERS/Brian Snyder Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 20 (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic “storm clouds,” while Wells Fargo … Read more

India’s Digit Insurance IPO kept on hold by markets regulator

A woman walks past the logo of the Securities and Exchange Board of India (SEBI), at its headquarters in Mumbai, India, May 27, 2022. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register MUMBAI, Sept 20 (Reuters) – India’s markets regulator has kept an initial public offering from Digit Insurance on hold, according … Read more

Oil little changed as markets debate fat hikes and supply woes

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. REUTERS/Drone Base Register now for FREE unlimited access to Reuters.com Register Strong dollar weighs as Fed rate decision looms Supply concerns limit decline Easing COVID-19 restrictions in China could lend support HOUSTON, Sept … Read more

Italy’s right-wing bloc set for election win: five questions for markets

Register now for FREE unlimited access to Reuters.com Register MILAN, Sept 19 (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s election, at a time when soaring energy prices and rising interest rates create growing challenges for the highly-indebted state. Giorgia Meloni, leader of the … Read more

Onewo Space-Tech launches $783 million Hong Kong IP0

Register now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 19 (Reuters) – China’s Onewo Space-Tech Service has launched Hong Kong’s largest initial public offering (IPO) in 2022 as it aims to raise up to HK$6.15 trillion ($783.54 million), according to its regulatory filings. The company, the property services division of developer China … Read more