The JP Morgan logo is seen in New York, U.S., January 10, 2017. REUTERS/Stephanie Keith/File Photo Acquire Licensing Rights HONG KONG, Dec 12 (Reuters) – JPMorgan Chase ( JPM.N ) intends to outsource the operations of its local custody business in Hong Kong and Taiwan to Citigroup ( CN ), HSBC ( HSBA.L ) and …
Exclusive: JPMorgan outsources $500bn custodial business to Hong Kong, Taiwan – sources Read More »
[1/5]Hawaiian Airlines planes sit empty on the runway at Daniel K. Inouye International Airport due to the drop in business caused by the coronavirus disease (COVID-19) in Honolulu, Hawaii, the United States, April 28, 2020. The photo was taken on April 28, 2020. REUTERS/Marco Garcia/File Photo License Rights Acquired CHICAGO, Dec 6 (Reuters) – A …
US airlines’ plans for growth are limited by antitrust concerns Read More »
A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco, where it conducts most of its testing, in California, U.S., September 26, 2018. REUTERS/Heather Somerville//File Photo License Acquisition rights Dec 5 (Reuters) – General Motors’ Cruise autonomous vehicle unit has hit an “all-time low”, its …
Exclusive: GM’s new Cruise leader admits ‘all-time low’ amid safety review Read More »
[1/2]Tesla and SpaceX CEO Elon Musk pauses during an event to talk with British Prime Minister Rishi Sunak in London, Britain, Thursday, November 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo License Rights Acquired NEW YORK, Nov 21 (Reuters) – New York Comptroller Brad Lander told Reuters on Tuesday that Tesla’s ( TSLA.O ) board of …
New York investment chief calls on Tesla to fine Musk unless he apologizes Read More »
The OpenAI logo is seen in this illustration taken on February 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 20 (Reuters) – Some investors in OpenAI, the makers of ChatGPT, are exploring legal remedies against the company’s board, sources familiar with the matter told Reuters on Monday, after directors ousted Chief Executive Sam Altman …
Exclusive: OpenAI investors consider suing board after CEO’s sudden firing Read More »
Nov 8 (Reuters) – Chinese authorities have asked Ping An Insurance Group to acquire a controlling stake in troubled Country Garden ( 2007.HK ), the country’s biggest private property developer, four people familiar with the plan said. China’s State Council, which is headed by Premier Li Qiang, has instructed the local government of Guangdong province, …
Cigna signage is pictured at a healthcare facility in Queens, New York, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo License Rights Acquired NEW YORK, Nov 6 (Reuters) – U.S. health insurer Cigna Group ( CI.N ) is exploring a sale of its Medicare Advantage business, which provides additional benefits to those covered by federal health …
Exclusive: Cigna investigates shedding Medicare Advantage business sources Read More »
An investor sits in front of screens showing information from the stock board of a securities company in Hanoi, Vietnam, July 6, 2018. Picture taken July 6, 2018. REUTERS/Kham/File Photo License Rights Acquired Vietnam seeks FTSE upgrade to exit frontier market The upgrade will raise up to $800 million in passive funds alone The broker-based …
Exclusive: Vietnam looks to China’s model to seek index upgrade, boost investment Read More »
