EXCLUSIVE Bell, Telus lobby Canada to stop sale of Shaw’s wireless business to Quebecor -sources

EXCLUSIVE Bell, Telus lobby Canada to stop sale of Shaw’s wireless business to Quebecor -sources

The Shaw Communications logo is seen at their office in Calgary, Alberta, Canada, April 17, 2019. REUTERS / Chris Wattie Register now for FREE unlimited access to Reuters.com Register TORONTO, May 19 (Reuters) – The Canadian federal government and competition bureau should block Quebecor from buying Shaw Communications’ wireless business, telecom operators Bell Inc and … Read more

Sri Lanka to default on debt, no money for fuel, says minister

Sri Lanka to default on debt, no money for fuel, says minister

COLOMBO, May 18 (Reuters) – Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay. for fuel. An economic crisis unprecedented in the country’s history since … Read more

Shanghai lets financial firms resume work as COVID curb ease – sources

Shanghai lets financial firms resume work as COVID curb ease – sources

A man walks past Lujiazui financial district, seen across the Huangpu river, amid the lockdown in Pudong area to contain the spread of coronavirus disease (COVID-19) in Shanghai, China March 28, 2022. REUTERS / Aly Song / Files Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 18 (Reuters) – Shanghai authorities have … Read more

Motor vehicles boost US business inventories in March

Motor vehicles boost US business inventories in March

An assembly worker of Ford Motor works on an F-series pickup truck at the Dearborn Truck Plant in Dearborn, Michigan, US, January 26, 2022. REUTERS / Rebecca Cook Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 17 (Reuters) – US business inventories increased slightly more than expected in March, lifted by a … Read more

Allianz to pay $ 6 bln in US fraud case, fund managers charged

Allianz to pay $ 6 bln in US fraud case, fund managers charged

NEW YORK / MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $ 6 billion and its US asset management unit pleaded guilty to criminal securities fraud over the collapse of a group of investment funds early in the COVID-19 pandemic. Allianz’s settlements with the US Department of Justice and … Read more

Enel eying US market for grid business

Enel eying US market for grid business

A logo of Italian multinational energy company Enel is seen at the Milan’s headquarter, Italy, February 5, 2020. REUTERS / Flavio Lo Scalzo / File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, May 16 (Reuters) – Italy’s Enel (ENEI.MI) is keeping an eye on the United States for the development of … Read more

Britain must do more to tackle corruption in politics and finance, lawmaker says

Britain must do more to tackle corruption in politics and finance, lawmaker says

Britain’s Labor Party MP Margaret Hodge attends Britain’s Labor Party annual conference, in Brighton, Britain, September 26, 2021. REUTERS / Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, May 16 (Reuters) – Britain has lost its moral compass and must act to tackle “dirty money” and protect the integrity of its … Read more

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

Wells Fargo wins dismissal of shareholder lawsuit over commercial lending

May 6 (Reuters) – A federal judge on Friday dismissed class-action claims that Wells Fargo & Co (WFC.N), the fourth-largest US bank, misled or defrauded shareholders about its commercial loans. US District Judge William Alsup in San Francisco said shareholders failed to adequately allege that Wells Fargo unjustifiably inflated the quality of its loans, understated … Read more

Deutsche Bank not financing controversial African oil pipeline, source says

Deutsche Bank not financing controversial African oil pipeline, source says

The logo of Deutsche Bank is pictured on a company’s office in London, Britain July 8, 2019. REUTERS / Simon Dawson Register now for FREE unlimited access to Reuters.com Register FRANKFURT, May 15 (Reuters) – Deutsche Bank (DBKGn.DE) is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families … Read more

Shanghai aims to reopen more businesses shut down by COVID, Beijing battles on

Shanghai aims to reopen more businesses shut down by COVID, Beijing battles on

Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI / BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks … Read more