U.S. pension funds took positions in blacklisted Chinese surveillance company
BOSTON (Reuters) - Some of the biggest public pensions funds in the United States have invested in one of the world's largest purveyors of video surveillance systems that the U.S. government claims are used in wide-scale repression of the Muslim population of western China.
How Amazon.com moved into the business of U.S. elections
WASHINGTON (Reuters) - Amazon.com Inc's
cloud computing arm is making an aggressive push into one of the most sensitive technology sectors: U.S. elections.
Goldman profit misses estimates on weak underwriting, M&A
(Reuters) - Goldman Sachs Group Inc
missed Wall Street estimates for quarterly profit on Tuesday, hit by lower fees from advising on deals and weakness in underwriting.
Consumer banking powers Citigroup's profit beat
(Reuters) - Citigroup Inc
reported higher profit and revenue on Tuesday, driven by growth in its global consumer business and lower expenses.
Futures rise as third-quarter earnings start on strong note
(Reuters) - U.S. stock index futures rose on Tuesday, as the third-quarter earnings season got off to an upbeat start with robust reports from JPMorgan Chase, UnitedHealth and Johnson & Johnson.
Intel buys software business from Canada's Pivot Technology in 5G push
(Reuters) - California chipmaker Intel Corp
has agreed to purchase a software business from Toronto-based information technology firm Pivot Technology Solutions Inc , Intel said on Tuesday.
Prescription drugs boost drives J&J forecasts higher, shares rise
(Reuters) - Johnson & Johnson
boosted its profit forecast for the year on Tuesday after posting better-than-expected quarterly earnings on stronger prescription sales of its psoriasis treatment Stelara and cancer drug Imbruvica.
KKR consortium cancels Australia's Latitude IPO: sources
(Reuters) - U.S. private equity firm KKR & Co
and its partners have canceled what was expected to be the biggest Australian IPO of the year, the listing of their lender Latitude Financial, two sources told Reuters.
Blackstone turns up heat on hotelier Unizo with tender offer
TOKYO (Reuters) - Private equity firm Blackstone Group
said on Tuesday it would launch a tender offer for Unizo Holdings <3258.T> at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the Japanese hotel chain.
Exclusive: No choice but to invest in oil, Shell CEO says
LONDON (Reuters) - Royal Dutch Shell
still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said.