HONG KONG (Reuters) – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators signaled to the company that the move could help draw a line under Beijing’s scrutiny of its business, according to a source familiar with…
Topline A back-and-forth between Dr. Anthony Fauci and Rep. Jim Jordan (R-Ohio) over Covid-19 restrictions quickly devolved into chaos on the House floor Thursday, with Rep. Maxine Waters (D-Calif.) yelling at Jordan to “respect the chair” and to “shut” his “mouth.” Key Facts Jordan, one of former President Donald Trump’s fiercest allies, grilled Fauci over…
By Reuters Staff1 Min ReadBRASILIA, April 17 (Reuters) – Brazil recorded 67,636 additional confirmed cases of coronavirus in the past 24 hours, along with 2,929 deaths from COVID-19, the Health Ministry said on Saturday.Brazil has registered more than 13.9 million cases since the pandemic began, while the official death toll has risen to 371,678, according…
A Boeing 747-8, one of two that had originally been ordered by a now-bankrupt Russian airline and later earmarked for an Air Force One replacement project, is seen parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File PhotoAir Force One subcontractor GDC Technics countersued Boeing Co (BA.N) on Friday seeking at…
Japanese Prime Minister Yoshihide Suga asked U.S. drugmaker Pfizer Inc (PFE.N) on Saturday to provide additional supplies of COVID-19 vaccine to Japan this year, Nikkei reported.Pfizer confirmed in an email that Pfizer CEO Albert Bourla met with Suga virtually to discuss vaccine supply on the last day of Suga’s three-day visit to Washington. The Pfizer/BioNTech…
Hello readers, Happy Saturday, and welcome to Insider Finance. Here’s a rundown of the must-know stories from the past week:Houlihan Lokey is sending workers on all-expenses-paid vacations.JPMorgan Chase poached a top Marcus exec.Symphony’s CEO is stepping down as the Wall Street messaging startup eyes an acquisition push.Carlyle is integrating its buyout and growth teams to…
Washington Nationals right-hander Erick Fedde matched his career high of nine strikeouts over five innings and Yan Gomes had three hits, including a home run, in a 6-2 win over the visiting Arizona Diamondbacks on Saturday.Fedde (1-1) scattered five hits and allowed a walk. The lone run the right-hander allowed was Kole Calhoun’s first of…
Apr 15th 2021FacebookTwitterLinkedInWhatsAppIN THE DECADES after the second world war carmakers were the undisputed champions of the personal-transport economy. Competition and economies of scale made cars affordable to millions of motorists in industrialised countries. In the 1980s and 1990s the likes of General Motors (GM) and Toyota boasted some of the world’s richest market capitalisations.…
Digital banking app Revolut is on track for a new fundraising that will value the company at more than $10 billion, Sky News reported on Saturday.The London-based financial technology startup is lining up FT Partners, a U.S.-based fintech-focused investment bank, as its adviser on the new funding, which is expected to take place after the…
EditorsNote: fixed Nelson’s record in final grafMichael Wacha pitched six sharp innings of one-hit ball as the visiting Tampa Bay Rays capitalized on shoddy defense by the New York Yankees and recorded an 8-2 victory Friday night at frigid Yankee Stadium.Wacha (1-1) only allowed a single to Gio Urshela in the second inning and three…