Analysis: Porsche poses a governance dilemma for investors considering the IPO

A Porsche logo can be seen outside a Porsche car dealership, amid the coronavirus (COVID-19) outbreak in Brussels, Belgium, May 28, 2020. REUTERS / Yves Herman Register now for FREE unlimited access to Sign in Leadership structure is a concern for some Others cite a small fraction of the shares offered The IPO may … Read more

US SEC cryptocurrency guidelines drive up costs for lenders, disrupting projects

WASHINGTON, Sept. 16 (Reuters) – Banks’ cryptocurrency projects have been overturned by U.S. Securities and Exchange Commission (SEC) accounting guidelines that would make it too capital-intensive for lenders to hold crypto tokens on behalf of clients. , according to more than half a dozen experts in the field. A slew of lenders including US Bancorp … Read more

Exclusive: Trump’s business partner for Truth Social fails to win support for the SPAC extension

The social network Truth logo is seen on a smartphone in front of a display of former US President Donald Trump in this illustration taken on February 21, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Sign in Sep 5 (Reuters) – Blank check acquisition … Read more

Starbucks’ new boss for bringing consumer insights to coffee culture

Register now for FREE unlimited access to Sign in LONDON, Sept. 2 (Reuters) – Laxman Narasimhan may have no experience running coffee shops, but outgoing CEO of UK packaged products group Reckitt will bring insights into changing consumer habits when he takes over from Starbucks. At Reckitt (RKT.L), maker of Strepsils throat pads and … Read more

US and China reach audit agreement for the benefit of Chinese technology companies

Washington and Beijing sign a first audit agreement Chinese stocks listed in the US strengthen after the deal The Chinese regulator says the deal is “a major step forward” in the controversy HONG KONG, Aug 26 (Reuters) – Beijing and Washington took an important step on Friday towards ending a dispute that threatened to alienate … Read more

Moderna sues Pfizer / BioNTech for patent infringement on COVID vaccine

Moderna’s logo is reflected in a drop on a syringe needle in this illustration taken on November 9, 2020. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Sign in Aug. 26 (Reuters) – Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in developing the … Read more

Analysis: Forget the shower, it’s food or heat for shocked Europeans hit by the energy crisis

The share of household energy expenditure reaches record levels in Europe Rising bills are forcing households to reduce energy consumption The crisis in Europe looks worse than in other developed economies LONDON, Aug 26 (Reuters) – No more ironing, using the limited oven and showering at work: Europeans are trying to contain energy consumption, but … Read more

Twitter fooled US regulators about hackers, spam and whistleblowers

Aug. 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, former social media firm Peiter Zatko said in a complaint. In an 84-page complaint, Zatko, a notorious hacker widely known as “Mudge,” claimed that Twitter falsely claimed it had a solid security plan, according to documents relayed … Read more

NYSE Delistings Signal Beijing May Be Willing To Compromise US Audit Dispute Analysts

A trader enters the floor of the New York Stock Exchange (NYSE) in New York City, USA on June 14, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Sign in HONG KONG, Aug 15 (Reuters) – The decision to remove five Chinese state-owned enterprises (SOEs) from the New York Stock … Read more

South Korea’s Yoon Forgives Samsung’s Jay Y. Lee for Countering “Economic Crisis”

Samsung’s heir served 18 months in prison for corruption Businessmen were convicted of a scandal that brought down a president South Korea says leaders needed to help overcome the economic crisis Samsung could increase investment with the grace of Lee – analysts SEOUL, Aug 12 (Reuters) – South Korean President Yoon Suk-yeol pardoned Samsung Electronics … Read more