Category: Investment

FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid (Reuters) – Walt Disney Co on Wednesday said its new streaming service, Disney+, has reached 10 million sign-ups since launching on Nov. 12. Reporting by Helen Coster Read More

FILE PHOTO – A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. REUTERS/Thomas White/Illustration (Reuters) – The Federal Trade Commission (FTC) is conducting a preliminary inquiry on Visa Inc (V.N) and Mastercard Inc (MA.N) over policies that can prohibit merchants from routing card transactions through other debit networks, Bloomberg Law reported on Wednesday,... Read More

LONDON (Reuters) – A former top Citigroup (C.N) trader, who was fired in 2014 but acquitted of foreign exchange-rigging charges after a trial in New York, told a London employment tribunal he was unfairly dismissed despite being in the “eye of the storm” at the time. FILE PHOTO – Rohan Ramchandani, former London-based trader for Citigroup Inc, exits the U.S.... Read More

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 11, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks slipped at open on Wednesday after President Donald Trump threatened to “substantially” raise tariffs if China did not strike a trade deal with the United States and on escalating tensions in Hong Kong. The Dow... Read More

Alibaba Group Holding Ltd Executive Chairman Jack Ma attends the World Artificial Intelligence Conference (WAIC) with Tesla Inc CEO Elon Musk (not pictured) in Shanghai, China, August 29, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles’ Day annual online shopping festival had missed the Chinese e-commerce giant’s... Read More

FILE PHOTO – Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019. REUTERS/Arnd WIegmann ZURICH (Reuters) – UBS Group (UBSG.S) Chief Executive Sergio Ermotti on Wednesday said banking consolidation, especially in Europe, is unavoidable in coming years as institutions must achieve critical mass to remain competitive. Ermotti,... Read More

FILE PHOTO: The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – Alphabet Inc’s (GOOGL.O) Google will offer personal checking accounts from sometime next year in partnership with Citigroup Inc (C.N) and a small credit union at Stanford University, a source familiar... Read More