By David French and Pamela Barbaglia NEW YORK/LONDON (Reuters) – Societe Generale <SOGN.PA> is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two...
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Iran’s rial hits record low as tension spikes with the U.S.
DUBAI (Reuters) – The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trump’s administration declared all United Nations sanctions on Tehran...
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Facebook tells Irish court that probe threatens its EU operations – newspaper
DUBLIN (Reuters) – Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court...
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AstraZeneca says COVID-19 vaccine trial in U.S still on hold
(Reuters) – AstraZeneca Plc <AZN.L> said on Saturday that its COVID-19 vaccine trial in the United States is still on hold. AstraZeneca on Saturday published a document https://bit.ly/2FNcqu7 describing details of how the...
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Rolls-Royce plans to raise up to £2.5 billion as COVID-19 bites
By Maria Ponnezhath (Reuters) – Britain’s Rolls-Royce Holdings Plc <RR.L> said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort to strengthen its balance sheet. The aero-engine...
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Take Five: IPOs – Peak Optimism
(Reuters) – 1/SNOWFLAKES ON FIRE IPOs are back. And how. A market that was enduring its worst slump in eight years has been revived by red-hot equity markets and floods of central bank stimulus, with listings coming thick and fast....
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