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Exclusive: JPMorgan outsources $500bn custodial business to Hong Kong, Taiwan – sources

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 …

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US airlines’ plans for growth are limited by antitrust concerns

[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 …

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Venezuela’s Maduro has promised to allow oil and mine development in disputed territory

Venezuela’s President Nicolas Maduro attends an event at the National Electoral Council (CNE) after voters in a referendum rejected the jurisdiction of the International Court of Justice (IC) over the country’s territorial dispute with Guyana and supported the creation of a new state in the potential oil rich Essequibo, in Caracas ,… Acquisition of license …

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Exclusive: GM’s new Cruise leader admits ‘all-time low’ amid safety review

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 …

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Pioneer Elon Musk is pushing a worldly new frontier

Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2023. REUTERS/ Gonzalo Fuentes/File Photo License Rights Acquired November 30 (Reuters) – (Please note the coarse language in …

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The Dow rises to its highest close of the year, surpassing the hit month

The New York Stock Exchange (NYSE) in New York, U.S., February 24, 2022. REUTERS/Caitlin Ochs/File Photo License Rights Acquired PCE: inflation, consumer spending cooled in October Salesforce jumps as earnings forecast rises Ford collapses in cost estimate of labor deal Indexes: Dow up 1.47%, S&P up 0.38%, Nasdaq up 0.23% NEW YORK, Nov 30 (Reuters) …

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Health insurance prices in the UK are set to rise due to rising claims from industry experts

A view of medical equipment at a bedside at NHS Nightingale Hospital Yorkshire and the Humber in Harrogate, North Yorkshire, ahead of the official opening, via video link, with fundraiser Captain Tom Moore, in Harrogate, UK, April 21, 2020, Danny Lawson/Pool via REUTERS/File Photo License Rights Acquired LONDON, Nov 30 (Reuters) – Health insurance prices …

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Volkswagen will launch a China-specific base electric platform

A Volkswagen ID electric car is seen during a construction completion event at the SAIC Volkswagen MEB Electric Vehicle Plant in Shanghai, China, November 8, 2019. REUTERS/Aly Song Acquire License Rights HEFEI, China/BERLIN, Nov 24 (Reuters) – Volkswagen ( VOWG_p.DE ) said on Friday it will develop a new base electric vehicle platform in China …

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WHO asks China for details on respiratory disease outbreaks

Small figurines are seen in front of the World Health Organization logo shown in this illustration taken on February 11, 2022. REUTERS/Dado Ruvic/Ilustration/File Photo Acquire Licensing Rights Nov 23 (Reuters) – The World Health Organization (WHO) has asked China for details on a rise in respiratory illnesses and reported clusters of pneumonia in children, in …

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