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31-40 results from 1000 for query «firms»

October 23, 2018 12:12 PM Saudi's PIF invested in 50-60 firms via SoftBank fund: director

RIYADH (Reuters) - The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group’s (9984.T) Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday. The state fund has agreed to invest $45 billion in the giant tech fund led by SoftBank 96

October 19, 2018 5:43 PM U.S. frees Prudential Financial from more rigorous Fed oversight

WASHINGTON (Reuters) - A U.S. regulatory council announced on Wednesday it had removed the systemically risky label from Prudential Financial (PRU.N), freeing the insurance company from more rigorous oversight by the Federal Reserve. The decision by the Financial Stability Oversight Council could cut regulatory costs at Prudential, which no longer will have to meet enhanced 90

October 18, 2018 11:50 AM Blackstone third-quarter profit beats estimates amid market rise

NEW YORK (Reuters) - Blackstone Group LP (BX.N), the world’s largest manager of alternative assets, modestly exceeded analyst expectations with an 11 percent jump in third-quarter earnings on Thursday, as climbing equity markets buoyed its holdings. The New York-based firm’s economic net income (ENI) per unit for the three months through September was 76 cents 82

October 18, 2018 9:02 AM Singapore charges men, firms over North Korea luxury goods sanctions breaches

SINGAPORE (Reuters) - Singapore charged a citizen, a North Korean and three companies in court on Thursday with supplying prohibited luxury items to North Korea, the latest example of sanctions breaches in the wealthy Asian city-state. Police said Chong Hock Yen, 58, and North Korean Li Hyin, 30, were charged with infringing U. N. sanctions regulations 57

October 16, 2018 11:35 PM Softbank 'anxiously' monitoring Saudi Arabia situation: executive

SAN JOSE, Calif. (Reuters) - Softbank Group (9984.T) Chief Operating Officer Marcelo Claure said on Tuesday it is “business at usual” at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the fund’s capital. Claure spoke at a technology conference in San Jose, California 93

October 15, 2018 1:38 PM Credit Suisse downgrades U.S. steel sector citing oversupply

(Reuters) - Credit Suisse on Monday downgraded the U.S. steel sector as it expects prices to fall due to oversupply, stemming from the Trump administration’s move to slap tariffs on Chinese imports. U.S. steel prices and production have hit multi-year highs due to the tariffs as well as strong demand from an expanding economy. The brokerage cut its rating 81

October 12, 2018 5:27 PM The American Cannabis Summit: Countdown to Legalization

When Former Speaker of the House John Boehner was in office, he was a staunch opponent of cannabis legalization. So it shocked many on Capitol Hill when he announced he was joining the board of one of America’s largest cannabis firms. It was a clear sign that this unstoppable, economic revolution is about to kick into high gear. Today, Speaker Boehner 188

October 11, 2018 8:04 PM Lockheed, Rheinmetall to make joint bid to supply German navy helicopters

BERLIN (Reuters) - U.S. weapons maker Lockheed Martin Corp (LMT.N) and German peer Rheinmetall AG (RHMG.DE) said on Thursday they will make a joint bid to supply the German navy with MH-60R Seahawk helicopters built by Lockheed’s Sikorsky unit. The two firms are also cooperating on a bid to supply new heavy-lift helicopters to the German air force, as announced 94

October 11, 2018 6:32 PM Saudi Journalist’s Disappearance Sends Chill Through Foreign Investors, Firms

Companies and individuals are re-examining ties to crown prince, with some pulling out of Riyadh’s ‘Davos in the Desert’ conference The Saudi crown prince’s plans to lure investors and transform his country’s economy face dire threats after the disappearance and possible killing of a dissident writer at a Saudi consulate in Turkey. Since Turkish officials 95

October 10, 2018 9:46 PM Exclusive: Brazil's Bolsonaro would not sell Petrobras in short term

RIO DE JANEIRO (Reuters) - The far-right front-runner in Brazil’s presidential election, Jair Bolsonaro, has no plans to privatize oil company Petroleo Brasileiro SA (PETR4.SA) in the short term if elected, the president of his party told Reuters on Wednesday. Gustavo Bebianno said the sale of Petrobras, Brazil’s largest corporation, could still be considered 101