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71-80 results from 1000 for query «firms»

September 5, 2018 9:48 AM Iran forgoes plans to transfer funds from Germany after U.S. opposition: sources

FRANKFURT (Reuters) - Iran is forgoing plans for now to transfer about 300 million euros ($347 million) in funds held in Germany to Iran after strong opposition from the United States, two sources with knowledge of the matter said on Wednesday. The funds are held at the Hamburg-based Europaeisch-Iranische Handelsbank (eihbank). The bank was not immediately 85

September 3, 2018 8:29 PM Ad Giant WPP Taps Company Veteran Mark Read for CEO

Read succeeds Martin Sorrell and inherits an ad firm challenged by Facebook, Google WPP PLC named Mark Read as chief executive Monday, tapping a company veteran in a push for continuity at the world’s largest ad firm after the departure of founder Martin Sorrell. In an interview, Mr. Read said he doesn’t plan to merge or sell any of WPP’s marquee creative 71

September 2, 2018 7:35 AM Wipro wins biggest ever contract, over $1.5 billion

NEW DELHI (Reuters) - Indian software services exporter Wipro Ltd (WIPR.NS) won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services, the company said in a statement on Sunday. Wipro, one of India’s top IT firms, said it would earn $1.5-1.6 billion in revenues over the tenure of the deal, which 63

August 29, 2018 5:00 AM Grab says it holds 65 percent of Indonesia ride-hailing market

(Reuters) - Grab holds 65 percent of Indonesia’s ride-hailing market, its managing director for the country said on Wednesday. The Singapore-based firm recently raised $1 billion in fresh funding to expand in Southeast Asia biggest economy, which it has earmarked as a priority market. Grab said in a statement on Wednesday it would invest $250 million 75

August 28, 2018 9:33 AM Deloitte reports 6 percent rise in full-year revenue in UK, Switzerland

(Reuters) - Deloitte on Tuesday reported a nearly 6 percent increase in full-year revenue in Britain and Switzerland, driven by growth in its audit and risk advisory segment. Deloitte said it had also launched legal services in Britain, moving onto turf of traditional law firms. Earnings and market share at Deloitte, EY, PwC and KPMG, the “Big Four” accounting 90

August 26, 2018 4:00 PM Global Tech Rally Fractures as Investors Cool on Chinese Firms

Investors’ concerns about recent dips in Chinese tech stocks raise uncertainty for sector’s continued surge One of last year’s most profitable trades is breaking apart, thwarting expectations for global investors betting on a handful of U.S. and Chinese technology titans’ enduring dominance. For much of the most recent leg of the bull market, investors 116

August 24, 2018 5:50 PM BOE Economist Warns of Giant Firms’ Effects on Inflation, Growth

Shifts in market power might alter ‘key macroeconomic relationships in the economy,’ Andy Haldane says in a paper presented at Jackson Hole A top Bank of England official on Friday raised the possibility that the growing market power of giant firms may be making the job of central bankers trickier. Andy Haldane, chief economist of the U.K. central bank, in a paper 58

August 24, 2018 10:06 AM Four Toyota group firms to form JV for self-driving tech: Nikkei

TOKYO (Reuters) - Four Toyota Motor Corp (7203.T) group firms will form a joint venture to combine their self-driving technologies to better compete with automotive component giants such as Bosch Group [ROBG.UL], the Nikkei business daily reported on Friday. The new company, to be set up by Denso Corp (6902.T), Aisin Seiki Co (7259.T), Jtekt Corp (6473.T) and Advics 72

August 23, 2018 5:04 AM Taking Cue From the U.S., Australia Bans Huawei From 5G Network

Intelligence agencies pushed for Huawei to be blocked from participating in the network Australia banned Chinese telecom firms Huawei Technologies Co. and ZTE Corp. from its next-generation 5G mobile network, aligning it with U.S. policy on the matter and underscoring concerns about the possibility of cyberspying by Beijing. The Australian government 65

August 21, 2018 2:30 PM Cuomo signs bill banning use of paid intermediaries to win state pension fund business

ALBANY — Gov. Cuomo signed a law Tuesday that bars firms from using well-connected middlemen to get business with the state pension fund — a piece of legislation that has long been pushed by the state controller. The bill puts into law a policy adopted by Controller Thomas DiNapoli nearly a decade ago amid a massive pay-to-play scandal highlighted in a series 75