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Facebook Held Back on Naming Cambridge Analytica in 2017 -Deposition
Date: December 20, 2022
By Paresh Dave OAKLAND, Calif. (Reuters) – Mark Zuckerberg considered saying in a 2017 speech that Facebook was looking into “organizations like Cambridge Analytica,” according to details from a deposition of him by the U.S. Securities and Exchange Commission. But he decided to remove reference to the political consultancy which harvested data on millions of...
Uniper Boss Tells Investors to Back German Bailout or Risk All
Date: December 19, 2022
FRANKFURT/BERLIN (Reuters) -Germany’s Uniper called on shareholders to approve a bailout and nationalisation that will cost the government more than 50 billion euros ($53 billion), warning that it will otherwise have to consider filing for insolvency. Chief Executive Klaus-Dieter Maubach said ahead of an extraordinary shareholder meeting on Monday that the disarray caused by the...
FTSE Russell, Ping an Jointly Launch China ESG Indexes
Date: December 8, 2022
SHANGHAI (Reuters) – Global index publisher FTSE Russell and Chinese financial conglomerate Ping An announced a partnership on Thursday to promote sustainable investment, launching a series of China indexes integrating environmental, social and government (ESG) considerations. The strategic partnership comes as global investors grow increasingly ESG-conscious, and Beijing accelerates a green push to help meet...
Soccer-Manchester United Fans Want More Say Under Any New Owners
Date: November 24, 2022
By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a real say in how the club is run in future, the Supporters Trust MUST said on Wednesday. The Premier League club’s U.S. owners are looking at options for the 20-time English champions,...
Analysis-U.S. Regulators Could Be Pressured by Slim Republican House Control
Date: November 18, 2022
By Ross Kerber and Chris Prentice BOSTON/ WASHINGTON (Reuters) – With the U.S. House of Representatives under their control, Republicans have a new pulpit to try to constrain President Joe Biden’s administrative oversight of business issues from consumer finance to climate rules. Policy analysts said Wednesday’s projected win in the midterm elections will embolden Republicans...
Italy Names Former Treasury Official to Head Ita Airways
Date: November 16, 2022
ROME (Reuters) -The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to Alitalia. Turicchi, who also sat on the board of state-controlled bank Monte dei Paschi di Siena, is currently the CEO of FINTECNA, a financial holding company controlled by...