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41-50 results from 1000 for query «firms»

October 9, 2018 6:49 AM WhatsApp builds system to comply with India's payments data storage norms

MUMBAI (Reuters) - Facebook Inc’s WhatsApp said on Tuesday it has built a system that stores payments-related data locally in India, in a bid to comply with a central bank directive that all such data should, within six months, be stored only in the country. WhatsApp rolled out a test of its payment system in India, its biggest market by users, earlier 81

October 8, 2018 10:34 PM Trian Considers a Takeover Bid for Papa John’s

Pizza chain has also drawn interest from other restaurants and buyout firms Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc., people familiar with the matter said. The activist hedge fund recently contacted the pizza chain to collect information as it explores a possible bid, the people said. Trian is one of several 77

October 8, 2018 9:43 PM D.E. Shaw Joins Continental Grain in Pushing for Change at Bunge

Funds seek operational improvements, board seats at grain trader D.E. Shaw & Co. has boosted its stake in Bunge Ltd. and is pushing the grain trader to make operational improvements and add board members, according to people familiar with the matter. The hedge fund is working with Continental Grain Co., an agricultural-investment firm. The firms, which 84

October 7, 2018 2:00 PM Investment in Infrastructure Is Booming Despite Lack of Progress on Trump’s Pledges

Private-equity firms are on course to raise a record amount to invest in pipelines, telecom assets and the like Private-equity firms are on track to raise a record amount for infrastructure investing in 2018, as money managers bet on the growing need to upgrade and expand the world’s railroads, natural-gas pipelines and data centers. The firms collectively 89

October 6, 2018 11:44 AM Turkey's Erdogan tells ministers to stop using U.S. firm McKinsey

ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Saturday that he had ordered his ministers to stop receiving consulting services from U.S. firm McKinsey, after the deal came under fire from the main opposition. Last month, Finance Minister Berat Albayrak, who is also Erdogan’s son-in-law, announced that Turkey had decided to work with McKinsey 69

October 5, 2018 7:04 PM Buybacks to top use of S&P 500 companies' cash in 2019: Goldman Sachs

NEW YORK (Reuters) - S&P 500 companies will increase cash spending by 13 percent to $3 trillion in 2019, with buybacks again expected to represent their largest use of cash, according to Goldman Sachs. Of the estimated cash spending in 2019, S&P 500 companies will allocate 51 percent to invest in growth, including capital expenditures, research and development 83

October 5, 2018 9:33 AM Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding

SINGAPORE/JAKARTA (Reuters) - SoftBank Group Corp (9984.T) is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia’s biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said. Six-year-old Grab has garnered more than $6 billion in total funding, led by SoftBank 88

October 5, 2018 6:38 AM Exclusive: SoftBank nearing $500 million investment in ride-hailing firm Grab

JAKARTA/SINGAPORE (Reuters) - SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia’s biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said. Six-year-old Grab has garnered more than $6 billion in total funding, led by SoftBank, Chinese 87

October 4, 2018 7:09 PM Technology Advances Make It Easier to Assign Blame for Cyberattacks

AI and sophisticated data gathering is making it easier for firms and governments to attribute hacks in months, not years Figuring out who exactly is responsible for a cyberattack is an inexact science, but advances in machine learning and years of data-gathering on hacks, is making it easier than ever for law-enforcement officials and cybersecurity 73

October 3, 2018 11:26 PM US to end Treaty of Amity with Iran after ICJ ruling

The US will pull out of a decades-old treaty with Iran which was used by Tehran as a basis for a case at the International Court of Justice (ICJ), Secretary of State Mike Pompeo said. Iran took the US to court after it re-imposed sanctions on the back of abandoning a nuclear deal in May. Iran argued that decision violated the terms of the 1955 Treaty 88