Battles over CEO pay across the globe
May 31 (Reuters) – Tesla (TSLA.O), opens new tab shareholders will vote on CEO Elon Musk’s $56 billion pay package on June 13 that a Delaware […]
UBS completes merger of UBS and Credit Suisse parent companies
ZURICH, May 31 (Reuters) – Swiss bank UBS (UBSG.S), opens new tab said on Friday it had completed the merger of the main parent […]
UK competition watchdog probes Nationwide-Virgin Money deal
May 31 (Reuters) – Britain’s competition regulator said on Friday it had started a probe into Nationwide Building Society’s (NBS.L), opens new tab proposed […]
Euro zone inflation rises just as ECB prepares to cut rates
FRANKFURT, May 31 (Reuters) – Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank […]
Goldman Sachs raises more than $20 bln for direct lending
May 29 (Reuters) – Goldman Sachs Asset Management’s alternative investments platform said on Wednesday its latest fund had raised more than $20 […]
BHP pursuit of Anglo American highlights corporate-led UK M&A upswing
LONDON, May 30 (Reuters) – BHP Group’s $49 billion bid for Anglo American may have failed but the move highlights how companies have been […]
BHP walks away from $49 billion pursuit of mining rival Anglo
LONDON/JOHANNESBURG/MELBOURNE, May 29 (Reuters) – Mining group BHP Group (BHP.AX), opens new tab on Wednesday walked away from its $49 billion plan to take […]
EU watchdog says banks must take full responsibility when using AI
LONDON, May 30 (Reuters) – Banks and investment firms in the European Union cannot shirk boardroom responsibility and a legal obligation to […]
UBS splits wealth management role as part of executive reshuffle
ZURICH, May 30 (Reuters) – UBS (UBSG.S), opens new tab said on Thursday it would split its top wealth management role as part of […]
BlackRock’s ETF becomes largest bitcoin fund in world, Bloomberg News reports
May 29 (Reuters) – BlackRock’s (BLK.N), opens new tab iShares Bitcoin Trust (IBIT.O), opens new tab has become the world’s largest fund for the world’s largest […]
Merck to acquire eye drug company EyeBio for up to $3 bln
May 29 (Reuters) – Merck (MRK.N), opens new tab said on Wednesday it would acquire eye disease drug developer EyeBio for up to $3 […]
China’s $47.5 billion chip fund will likely focus on AI amid U.S. export curbs, NYU professor says
China set up a multibillion-dollar state-backed investment chip fund last week — and one observer says it will likely focus on advanced […]