Business & Finance 02 June 2023, 4:12 pm 1 minute By Reuters News Agency Reuters offers an exclusive behind-the-scenes look at the top-level exodus of U.S.-based investment bankers at Barclays after Chief Executive C.S. Venkatakrishnan’s virtual town hall.  Market Impact Venkatakrishnan’s intervention underscores the pressure that the British bank is under to protect its U.S.

Business & Finance 01 June 2023, 5:50 pm 1 minute By Reuters News Agency Reuters exclusively reported that Southeast Asian e-commerce and gaming giant Sea Ltd (SE.N) is winding down its investment arm amid a cooling investment environment globally as macroeconomic and market uncertainty weigh on valuations. Market Impact Sea’s decision to close the two-year-old

DealsHealth 01 June 2023, 5:42 pm 1 minute By Reuters News Agency Reuters has exclusively seen documents indicating Swiss drugmaker Roche Holding AG (ROG.S) plans to sell its 800-employee drug manufacturing plant in Vacaville, California, or it will shut the factory by 2029.  Market Impact Roche is under pressure to develop new treatments to offset

Business & Finance 01 June 2023, 5:31 pm 1 minute By Reuters News Agency Reuters exclusively reported that JPMorgan Chase & Co (JPM.N) will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations.  Market Impact JPMorgan is the largest U.S. lender, with

(Vancouver, WA and Plano, TX) Prestige Care, a leading senior living and healthcare provider, is proud to announce its new partnership with Reliant Rehabilitation for contract rehabilitation services. This partnership is expected to bring cutting-edge rehabilitation solutions to Prestige’s facilities. With Reliant Rehabilitation‘s depth of expertise and experience in providing specialized therapy services, this partnership

Business & FinanceDeals 31 May 2023, 5:45 pm 1 minute By Reuters News Agency Reuters exclusively revealed that Mexico is evaluating whether buying Citigroup Inc’s (C.N) Mexican consumer unit would help boost financial inclusion, potentially in combination with a state-run bank such as the Banco del Bienestar. U.S. lender Citigroup scrapped its sale of the

Economy 31 May 2023, 5:28 pm 1 minute By Reuters News Agency Sources exclusively revealed to Reuters that The U.N. has proposed that Kyiv, Moscow and Ankara start preparatory work for the transit of Russian ammonia through Ukraine as it tries to salvage a deal allowing safe Black Sea grain exports.     Market Impact The U.N.

Government 31 May 2023, 4:17 pm 1 minute By Reuters News Agency Reuters was two days ahead in reporting the blockbuster news that newly-elected President Tayyip Erdogan would select Mehmet Simsek to run economic policy. The cabinet appointment of Simsek, well respected in global financial markets for his orthodoxy, was a powerful signal that Erdogan

Energy 30 May 2023, 5:58 pm 1 minute By Reuters News Agency Reuters exclusively revealed that QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh’s state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar’s North Field expansion project. The 15-year agreement is for the

Business & Finance 30 May 2023, 5:25 pm 1 minute By Reuters News Agency Reuters exclusively reported that UniCredit has been trimming the share of Amundi funds among its assets under management as the Italian bank and its French partner spar over their 3.7 billion euro deal that runs out in 2027. Amundi shares lost