Posted inEconomy
Asia stocks weighed by South Korea; busy week for central banks
By Wayne Cole SYDNEY (Reuters) – Asian shares were dragged by a slide in South Korea on Monday ahead of a packed week of central bank meetings that should see…
Posted inEconomy
Demand for UK workers crashes in budget aftermath, REC survey shows
By Andy Bruce (Reuters) – Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs…
Posted inStock
ANZ taps HSBC’s Nuno Matos as new CEO, shares fall
Investing.com– ANZ Group Holdings (ASX:ANZ) said on Monday that Nuno Matos will take over as its new chief executive officer, succeeding Shayne Elliott, who is retiring after nearly a decade…
Posted inStock
Extreme heat puts garment factory workers at risk, study shows
By Helen Reid LONDON (Reuters) – Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change…
Posted inEconomy
At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria
By Michelle Conlin NEW YORK (Reuters) – Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the…
Posted inStock
Exclusive-Five9 nears settlement with Anson Funds under activist pressure
By Svea Herbst-Bayliss NEW YORK (Reuters) – Five9 (NASDAQ:FIVN) is nearing a settlement with Anson Funds Management after the hedge fund and several other activist investors pushed the U.S. call…
Posted inStock
Australian lender ANZ names Nuno Matos as new CEO
(Reuters) – ANZ Group has appointed Nuno Matos as its chief executive, replacing Shayne Elliott who is set to retire in July 2025 after nine years in the role, the…
Posted inEconomy
Morning Bid: China inflation eyed, global political uncertainty bubbling up
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Attention turns to China on Monday and the release of November inflation data, with global investor…
Posted inStock
Trump aides contact Google, Meta, Snap over online drug sales, The Information reports
(Reuters) – President-elect Donald Trump’s transition team has invited five major tech companies, including Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) to a meeting in mid-December about dealing with…
Posted inStock
Allianz, Amundi stop talks over combining asset management businesses, source says
MUNICH (Reuters) – Allianz (ETR:ALVG) and Amundi have paused discussions about combining their asset management businesses into a European investment giant that would manage nearly 2.8 trillion euros ($3 trillion)…