By Christina Amann MUNICH (Reuters) – BMW aims to return to its pre-pandemic operating margin target as the global economy recovers, but big investments in electric cars mean the automaker will have to simplify its vehicle...
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Asset manager Nuveen exits sanctions-hit Chinese companies
By Tom Arnold LONDON (Reuters) – Nuveen, the $1.1 trillion asset management arm of TIAA, has sold out of its holdings in the Chinese companies that will be barred to U.S. investors by recent sanctions, it said in an email to...
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Analysis: Jack Ma’s reappearance fails to soothe all investor concerns about regulatory crackdown
By Megan Davies, John McCrank and Tom Westbrook NEW YORK/BOSTON/HONG KONG (Reuters) – Billionaire Jack Ma’s 50-second video reappearance has done little to resolve Alibaba Group’s troubled relationship with regulators...
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Departing U.S. FCC chair warns of threats to telecoms from China
By David Shepardson WASHINGTON (Reuters) – Outgoing U.S. Federal Communications Commission (FCC) chairman Ajit Pai said potential Chinese espionage and threats to U.S. telecommunications networks and internet freedom are the biggest...
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Senate panel to meet on Yellen nomination for Treasury on Friday
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Senate Finance Committee scheduled a meeting for Friday to consider the nomination of Janet Yellen for Treasury Secretary, raising the possibility that she could be...
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Chinese telecom firms seek review of NYSE delisting decision
(Reuters) – Telecom companies China Unicom Hong Kong Ltd, China Mobile and China Telecom Corp said on Thursday they had requested the New York Stock Exchange to review its decision to delist their American depositary shares. The...
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