Tag: CMPNY

EXCLUSIVE Moscow sets out strict new controls on foreigners trading Russian assets
EXCLUSIVE Moscow sets out strict new controls on foreigners trading Russian assets

Steam rises from chimneys of a heating power plan over the skyline of central Moscow, Russia November 23, 2020. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access to Reuters.com Register Russia temporarily stopped foreigners selling assets Foreigners now need to provide details before trading Applications for permits must be made in Russian language LONDON/NEW […]

China’s politics have wrecked its markets
China’s politics have wrecked its markets

A giant screen shows Chinese President Xi Jinping during an organized media tour to Beijing Stock Exchange in Beijing, China February 17, 2022. REUTERS/Florence Lo – RC2GLS923SVE Register now for FREE unlimited access to Reuters.com Register HONG KONG, March 16 (Reuters Breakingviews) – Accumulated political and diplomatic errors are trashing valuations at listed Chinese companies. […]

Mercedes to continue EV investments despite Ukraine war disruptions
Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed […]

Tencent’s Beijing woes make case for breakup
Tencent’s Beijing woes make case for breakup

Tencent Holdings Ltd Chairman and CEO Pony Ma attends a news conference announcing the company’s annual results in Hong Kong, China March 21, 2018. REUTERS/Bobby Yip Register now for FREE unlimited access to Reuters.com Register HONG KONG, March 15 (Reuters Breakingviews) – A Tencent (0700.HK) breakup is a radical but simple way to address mounting […]

Allianz, Swiss Re joins other financial firms in turning from Russia
Allianz, Swiss Re joins other financial firms in turning from Russia

Allianz says stopped insuring new business in Russia Swiss Re says not renewing business with Russian clients Europe’s securities regulator says ensuring orderly markets Deutsche changes position late on Friday FTSE Russell ejects four UK-listed, Russia-focused stocks FRANKFURT/LONDON/ZURICH, March 14 (Reuters) – Allianz (ALVG.DE) and Swiss Re (SRENH.S) said on Monday they were cutting back […]

South African airline Comair’s fleet grounded indefinitely
South African airline Comair’s fleet grounded indefinitely

Regulator clamps down on Comair Hundreds of passengers stranded Company says unclear when they can fly again CAPE TOWN, March 13 (Reuters) – South Africa’s civil aviation regulator grounded Comair’s planes indefinitely on Sunday over unresolved safety issues, in a move that also affects low-cost airline Kulula and British Airways, leaving hundreds of passengers stranded. […]

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