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☆ Russia fines Zoom $1.18 mln for operating without local office -RIA
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

The Zoom Video Communications logo is pictured at the NASDAQ MarketSite in New York, New York, U.S., April 18, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsMOSCOW, Oct 17 (Reuters) - A Russian court on Tuesday fined Zoom Video Communications (ZM.O) 115 million roubles ($1.18 million) for operating without opening a local office, the RIA news agency reported. RIA cited judge Timur Vakhrameyev as saying the fine had been set at a 10th of Zoom's 2022 revenues in Russia. Zoom was fined 15 million roubles last week in what a court said was a repeated failure to store data that it held on Russian citizens on a server in Russia. Other companies, such as Alphabet's (GOOGL.O) Google and Apple (AAPL.O), have been fined heavily in Russia in the last few years.

Persons: Carlo Allegri, RIA, Timur Vakhrameyev, Zoom, Alexander Marrow, Kevin Liffey Organizations: NASDAQ, REUTERS, Rights, Video Communications, Google, Apple, Meta, Facebook, Reuters, Thomson Locations: New York , New York, U.S, Moscow, Russia, Ukraine

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. Revenue at BofA's consumer banking unit rose 6% to $10.5 billion in the third quarter. BofA's investment banking and trading units outperformed. Total investment banking fees rose 2% to $1.2 billion, bucking an industry-wide slump. Sales and trading revenue was up 8% to $4.4 billion in the third quarter to its highest in more than a decade.

Persons: Carlo Allegri, Brian Moynihan, BofA, Alastair Borthwick, Borthwick, Wells, Manya Saini, Nupur Ananad, Saeed Azhar, Lananh Nguyen, Anil D'Silva Organizations: of America, REUTERS, Bank of America, U.S, Federal Reserve, Lending, JPMorgan Chase, Citigroup, Thomson Locations: Manhattan, New York City , New York, U.S, NII, Bengaluru, Nupur, New York

☆ Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
▼ + stars: | 2023-10-16 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Global hedge funds last week sold food, beverage and tobacco company stocks at the fastest pace in 11 weeks, a Goldman Sachs note said, as these stocks, viewed as a proxy for bonds, could not match the recent surge in U.S. Treasury yields. Short sales outpaced long buys about 4 to 1, said Goldman Sachs. The selling took the form of short bets on companies that sell food, beverage and tobacco products and the exit of long positions in household products and food products. Reporting by Nell Mackenzie, Graphics by Lewis Krauskopf; Editing by Dhara Ranasignhe and Deborah KyvrikosaiosOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Goldman Sachs, Nell Mackenzie, Lewis Krauskopf, Dhara Ranasignhe, Deborah Kyvrikosaios Organizations: New York Stock, REUTERS, Global, Treasury, Reuters, Graphics, Thomson Locations: Manhattan, New York City , New York, U.S

☆ Wall St Week Ahead Investors zero in on health of consumer with retail sales, earnings
▼ + stars: | 2023-10-13 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Retail sales data, due out on Tuesday, may have to walk a tightrope to satisfy investors. A survey on Friday showed U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next year. Todd, of Greenwood Capital, is focused on insight from companies about the cumulative effect of "higher inflation and higher rates on the consumer." “The conclusions from the consumer next week, I think, is going to be bad news is good news."

Persons: Carlo Allegri, that’s, Hogan, ”, Walter Todd, Todd, Jack Ablin, Ablin, Lewis Krauskopf, Ira Iosebashvili, Jonathan Oatis Organizations: New York Stock, REUTERS, Procter & Gamble, Netflix, Federal, Riley, ”, Reuters, University of Michigan, Major, Greenwood Capital, Bank of America, America Airlines Group, Treasury, Cresset, Thomson Locations: Manhattan, New York City , New York, U.S, Israel, Major U.S

☆ Wall St bonuses may drop 16% as higher rates threaten businesses - NY Comptroller
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 12 (Reuters) - Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller Thomas DiNapoli. The drop, however, would be less sharp than last year's 26% decline that shrank bonuses to $176,700 on average. While higher-for-longer rates could impede business activity, some experts have predicted the central bank would manage to guide the economy to a soft landing. Reporting by Niket Nishant in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Thomas DiNapoli, DiNapoli, Goldman Sachs, Morgan Stanley, Niket, Vinay Dwivedi Organizations: New York Stock, REUTERS, New York, Federal, Securities, Thomson Locations: Manhattan, New York City , New York, U.S, New York City, Bengaluru

☆ Hedge funds expected to ramp up returns on higher rates - BNP survey
▼ + stars: | 2023-10-11 | by ( Nell Mackenzie | ) www.reuters.com time to read: +3 min

REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsLONDON, Oct 11 (Reuters) - Investors expect hedge funds to produce higher returns with the prospect of interest rates staying higher for longer, a BNP Paribas [RIC:RIC:BNPPL.UL] investor survey showed on Wednesday. Investors now expect hedge funds to return an average of 9.75% annually within an average of 19 months, up from 6.85%, according to the survey. However, hedge funds themselves think this will take longer, up to 29 months, the survey showed. BNP Paribas said historical evidence shows hedge funds tend to perform well in higher and stable interest rate environments and less so when rates are lower. BNP Capital Introduction Group surveyed 82 hedge fund managers in what it called the "summer" of 2023.

Persons: Carlo Allegri, Michael Oliver Weinberg, “, ”, Weinberg, Nell Mackenzie, Dhara Ranasinghe, Kirsten Donovan Organizations: New York Stock, REUTERS, BNP, RIC, Investors, Group, Thomson Locations: Manhattan, New York City , New York, U.S

☆ Clinical Juventus go third after derby win against Torino
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +2 min

Massimiliano Allegri's side have 17 points, two behind Inter Milan and one behind AC Milan who play Genoa later on Saturday. That doesn’t preclude us from looking at other things, because naturally, we are Juventus," he told DAZN. "We must keep our feet on the ground and bring back what for many years was normality at Juventus, in other words winning games." Substitute Milik doubled the lead after 62 minutes with a header from another corner, which Torino keeper Vanja Milinkovic-Savic misjudged. "We should’ve gone for the shot to finish off the moves and not allow Torino to stay in the game when they were struggling."

Persons: Federico Gatti, Arkadiusz, Massimiliano Allegri's, Allegri, DAZN, Gatti, Milik, Vanja Milinkovic, Savic, Dusan Vlahovic, Federico Chiesa, Moise Kean, Fabio Miretti, Kean, Tommy Lund, Toby Davis Organizations: Juventus, Torino, Serie A, Juve, Inter Milan, Milan, Genoa, Napoli, Fiorentina, Thomson Locations: TURIN, Italy, Gdansk

☆ Analysis: Trend hedge funds come out winners in bond market rout
▼ + stars: | 2023-10-06 | by ( Nell Mackenzie | ) www.reuters.com time to read: +5 min

Yet in one corner of the hedge fund world, there's a sigh of relief. So-called trend following and systematic hedge funds have long positioned for a fall in government bond prices given higher-for-longer inflation. AlphaSimplex is a $7.9 billion trend following hedge fund. While many trend funds, also known as "managed futures" funds, use price data, their trading models might also interpret macro economic factors playing out in markets. Some trend funds shrank their fixed income holdings in response to the March turmoil.

Persons: Carlo Allegri, Kathryn Kaminski, Morningstar, Razvan Remsing, Yao Hua Ooi, Laurent Le Saint, Metori, Aspect's, Nell Mackenzie, Dhara Ranasinghe, Susan Fenton Organizations: New York Stock, REUTERS, Generale, Reuters, Silicon Valley Bank, Treasury, Virtus, AQR Capital Management, Capital Management, Thomson Locations: Manhattan, New York City , New York, U.S, United States, Germany, Boston, Silicon, Europe, China, Paris, EU, Japan

☆ Analysis: When, not if, Europe copies Wall Street share trading reform
▼ + stars: | 2023-10-05 | by ( Huw Jones | ) www.reuters.com time to read: +6 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. A shorter settlement time might increase efficiency, cut collateral needs, and "increase the competitiveness and the attractiveness of EU financial markets", ESMA said. ESMA is seeking views for a cost/benefit analysis of moving to at least T+1, though few believe it will not go ahead given advances in technology, regulatory pressure, and gravitational pull of Wall Street. EFAMA, a European funds industry body, says the move on Wall Street will require changes to existing IT systems for European firms and U.S. investors who trade European shares. There is already talk of moving to the next stage after T+1: instant or simultaneous settlement.

Persons: Carlo Allegri, ESMA, Pete Tomlinson, Richard Knox, Charlie Geffen, Geffen, AFME's Tomlinson, Huw Jones, Alison Williams Organizations: New York Stock, REUTERS, European, EU, U.S, Federal Reserve, Association for Financial Markets, Bankers, SWIFT Institute, CLS, Financial, UK, Thomson Locations: Manhattan, New York City , New York, U.S, European Union, Britain, Switzerland, Europe, United States, Canada, London, Brussels, Luxembourg, Madrid, Mainland China

☆ Discover Financial jumps 7% after agreeing with FDIC to improve consumer compliance
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsCompanies Discover Financial Services FollowOct 2 (Reuters) - Shares of Discover Financial Services (DFS.N) climbed 7% on Monday after the bank agreed to improve its consumer compliance and related corporate governance as part of a consent order with the Federal Deposit Insurance Corp (FDIC). The stock was the top percentage gainer on the benchmark S&P 500 (.SPX) in early trading, outperforming both the broader markets and the financial sector. In late July, Discover revealed it had received a proposed consent order from the FDIC in connection with consumer compliance. At the time, the bank's shares tanked after it also disclosed a regulatory review over some incorrectly classified credit card accounts from around mid-2007 unrelated to the FDIC consent order.

Persons: Carlo Allegri, Manya Saini, Sriraj Organizations: New York Stock, REUTERS, Discover Financial, Discover Financial Services, Federal Deposit Insurance Corp, Discover Bank, U.S . Securities, Exchange Commission, Thomson Locations: Manhattan, New York City , New York, U.S, Bengaluru

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Seven megacap stocks -- Apple (AAPL.O), Microsoft (MSFT.O), Alphabet (GOOGL.O), Amazon (AMZN.O), Nvidia (NVDA.O), Tesla (TSLA.O) and Meta Platforms (META.O) -- have led broader markets higher this year. Their rising stock prices ballooned valuations, however, and some investors say the megacaps could be vulnerable if climbing bond yields keep pressuring stocks. "When the big tech stocks start going down ... the indexes go down," said Matt Maley, chief market strategist at Miller Tabak. Still, strategists point out that the rise in implied volatility for tech stocks is no more than for the broader market.

Persons: Carlo Allegri, megacaps, LSEG, Matt Maley, Miller, ”, Matt Stucky, Chris Murphy, Rick Meckler, J, Bryant Evans, ” Evans, Lewis Krauskopf, Saqib Iqbal Ahmed, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock, REUTERS, Microsoft, Nvidia, Apple, Federal Reserve, Northwestern Mutual Wealth Management, Nasdaq, Susquehanna Financial Group, Amazon, Cherry Lane Investments, Cozad Asset Management, Thomson Locations: Manhattan, New York City , New York, U.S, New Jersey

☆ New York remains top financial centre, London clings to second place - survey
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsLONDON, Sept 28 (Reuters) - New York has easily remained the world's top financial centre with London still second and gaining some ground, but also facing a tougher fight with Singapore and Hong Kong, the Global Financial Centres index showed on Thursday. Singapore, however, is now only 2 points behind London at 742, itself only a point ahead of Hong Kong in fourth place, signalling an intensifying battle for the second spot. The index is compiled every six months by London-based think tank Z/Yen and the China Development Institute. Reporting by Huw Jones Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, London, Huw Jones, Mark Potter Organizations: New York Stock, REUTERS, Global, ., World Bank, OECD, United Nations, Arm Holdings, London, China Development Institute, New, Thomson Locations: Manhattan, New York City , New York, U.S, New York, London, Singapore, Hong Kong, . New York, San Francisco

☆ Sony gaming chief Jim Ryan to retire, group president to be interim head
▼ + stars: | 2023-09-27 | by ( Sam Nussey | ) www.reuters.com time to read: +1 min

Inside a GameStop store Sony PS5 gaming consoles are pictured in the Manhattan borough of New York City, New York, U.S., November 12, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsCompanies Sony Group Corp FollowTOKYO, Sept 28 (Reuters) - Sony Group (6758.T) said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki Totoki to become interim CEO during the search for a successor. Ryan, who is British, become CEO of Sony Interactive Entertainment (SIE) in 2019 and oversaw initiatives including the launch of the PlayStation 5 console the following year. "Jim no longer wants to manage the tradeoff between having a job in the U.S. and a home in the UK," SIE said in a statement. Reporting by Sam Nussey; Editing by Jamie Freed and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Jim Ryan, Hiroki Totoki, Ryan, Jim, SIE, Sam Nussey, Jamie Freed, Aurora Ellis Organizations: GameStop, Sony, REUTERS, Sony Group Corp, Sony Group, Sony Interactive Entertainment, PlayStation, Thomson Locations: Manhattan, New York City , New York, U.S

☆ Peloton zooms after striking global deal with yoga wear maker Lululemon
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsSept 27 (Reuters) - Peloton Interactive (PTON.O) and Lululemon Athletica (LULU.O) said on Wednesday they had entered into a five-year global partnership, sending Peloton's shares up 16.7% in aftermarket trading. Under the deal, Peloton would become the exclusive digital fitness content provider for the apparel maker, developing all content for Lululemon Studio beginning early 2024. The fitness platform provider, once a pandemic darling, has taken a series of measures to cut costs. Shares of Peloton's rival Xponential Fitness (XPOF.N) pared some gains on the news of the company's deal with Lululemon and were last up 3.6% after the bell. Lululemon also said it would discontinue selling its Studio Mirror - an interactive "smart fitness" device that features live, on-demand workouts - which has seen lackluster demand in recent months.

Persons: Carlo Allegri, Lululemon, Shivansh, Pooja Desai Organizations: REUTERS, Lululemon Studio, Lululemon, Thomson Locations: Manhattan, New York City, U.S, Bengaluru

☆ Juventus move up to second after Milik secures win against Lecce
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

TURIN, Sept 26 (Reuters) - Arkadiusz Milik's 57th-minute goal secured Juventus a 1-0 home victory over Lecce on Tuesday, moving them up to second in the Serie A standings. Juve moved up to 13 points, two behind Inter Milan, who host Sassuolo on Wednesday. Lecce are fourth on 11 points after suffering their first Serie A defeat of the season. Lecce went down to 10 men three minutes into stoppage time after Mohamed Kaba earning a second yellow card for diving. "I don’t want to hide here, Inter, AC Milan and Napoli have better resources than us to win the title.

Persons: Milik, Adrien Rabiot's, Massimiliano Allegri, DAZN, Sassuolo, Allegri, Federico Chiesa, Mohamed Kaba, Tommy Lund, Pritha Sarkar Organizations: Juventus, Lecce, Serie, Juve, Inter Milan, Wednesday, Inter, AC Milan, Napoli, Atalanta, Thomson Locations: TURIN, Sassuolo, Gdansk

In those cases, the SEC asked companies to review staff messages and report to the agency how many discussed work. SEC staff reviewed only a sample of messages themselves, according to three sources with knowledge of the previous investigations. As with broker-dealers, the SEC initially sought details on investment advisers' record-keeping policies. The SEC later demanded that the investment advisers hand over the messages, the sources said. The agency is ignoring important differences in investment advisers' recordkeeping requirements, said Jennifer Han, the MFA's executive vice president and chief counsel.

Persons: Carlo Allegri, Wall, Carlyle, Gary Gensler, Jaclyn Grodin, Storrs, JPMorgan Chase, Wells, Goldman Sachs, Morgan Stanley, Jennifer Han, Chris Prentice, Michelle Price, Marguerita Choy Organizations: New York Stock, REUTERS, Securities and Exchange Commission, SEC, Reuters, Carlyle Group, Apollo Global Management, KKR, Co, TPG, Blackstone, Citadel, Apollo, Goulston, JPMorgan, Bank of America, Association, Bloomberg, Carolina, Thomson Locations: Manhattan, New York City , New York, U.S

☆ Juve's Allegri sticks with Szczesny despite costly mistakes
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +2 min

"With Sassuolo it was not a bad performance, but we defended badly and there were single inexplicable errors. At Juventus we have to live with pressure and a sense of responsibility," Allegri told reporters on Monday. Other mistakes will happen, maybe not like Saturday's but they will happen. "Szczesny is the starting goalkeeper and tomorrow he will play, aware, however, that (Mattia) Perin is an important keeper." "We have Danilo, there is Szczesny, and then Alex Sandro even though he is currently injured.

Persons: Wojciech Szczesny, Adrien Rabiot, Alberto Lingria, Massimiliano Allegri, Szczesny, Federico Gatti, Allegri, " Gatti, Mattia, Perin, Leonardo Bonucci, Juan Cuadrado, Angel Di Maria, Danilo, Alex Sandro, Daniele, Rugani, Federico Chiesa, Dusan Vlahovic, Chiesa, Roberto, D'Aversa, Trevor Stynes, Ken Ferris Organizations: Soccer, Sassuolo, Juventus, Mapei, Tricolore, Reggio, Polish, Lecce, Juve, Inter Milan, Thomson Locations: Reggio Emilia, Italy, European

☆ Juventus suffer 4-2 defeat at Sassuolo after Szczesny blunders
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

Eight minutes from time Szczesny inadvertently parried a rebound into the path of Andrea Pinamont, who headed home to make it 3-2 to Sassuolo. Juve had first equalised after 21 minutes when Sassuolo defender Matias Vina inadvertently poked the ball into his own net from close range while attempting to clear a cross. Sassuolo had a chance to make it 3-1 around the hour mark, but Lauriente fired over the bar from close range. Chiesa then levelled for the visitors in the 78th with a deflected shot before Sassuolo struck twice to take the points. In the post-match press conference, Allegri reaffirmed Szczesny as his starting goalkeeper but hinted at unspecified changes for the upcoming match.

Persons: Sassuolo's Matias Vina, Alberto Lingria, Wojciech Szczesny's, Armand Lauriente's, Szczesny, Andrea Pinamont, Federico Gatti, Massimiliano Allegri, DAZN, Juve, Matias Vina, Domenico Berardi, Federico Chiesa, Sassuolo, Lauriente, Chiesa, Allegri, It’s, Tommy Lund, Ken Ferris, Clare Fallon Organizations: Soccer Football, Sassuolo, Juventus, Mapei, Tricolore, Reggio, Weston, Serie, Polish, Inter Milan, Empoli, Milan, Hellas Verona, Juve, Lecce, Thomson Locations: Reggio Emilia, Italy, Gdansk

☆ Real estate stocks extend losses as rates soar
▼ + stars: | 2023-09-22 | by ( Sinéad Carew | ) www.reuters.com time to read: +3 min

The S&P 500 real estate index (.SPLRCR) lost 0.7% on Friday after falling 3.5% on Thursday, which was its biggest daily decline since March when the banking sector was in crisis. This provided tempting returns for fixed-income assets, making the relatively high dividend payouts of Real Estate Investment Trusts (REITs) a little less tempting. While the Fed decided not to hike interest rates after its meeting on Wednesday, it indicated that rates could stay at elevated levels for longer than investors had expected. On Friday the biggest real estate loser was American Tower (AMT.N), which finished down 1.8% while the biggest gainer was Extra Space Storage (EXR.N), up 1.2%. Alexandria Real Estate Equities (ARE.N) fell 1.6% on Friday, after losing 8% on Thursday and hitting its lowest level since 2016.

Persons: Carlo Allegri, REITs, Jack Ablin, Gina Szymanksi, It's, Szymanksi, Sinéad Carew, Lance Tupper, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, Real, Investment, Fed, Cresset, REITs, AEW Capital Management, Alexandria Real, Thomson Locations: New York, U.S, Alexandria

☆ U.S. business activity nears stand-still in September, survey says
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +3 min

The survey's composite new orders index slid to the lowest since December at 47.7 from 49.2 last month, marking the second straight month of declining new business. The survey's services PMI edged down to an eight-month low of 50.2, fractionally lower than the reading of 50.6 expected by economists in a Reuters poll. S&P's manufacturing PMI ticked higher to 48.9 from 47.9 in August but was still the fifth straight month of contraction. Economists had forecast a manufacturing PMI of 48.0. Despite the softening environment, both manufacturing and services survey respondents indicated companies kept adding to staff levels this month.

Persons: Carlo Allegri, Siân Jones, Jones, Dan Burns, Chizu Organizations: REUTERS, P Global, Federal, PMI, P Global Market Intelligence, Thomson Locations: Manhattan, New York City , New York, U.S

☆ How AI will change the job of the junior banker and raise the bar to entry
▼ + stars: | 2023-09-22 | by ( Bianca Chan | Emmalyse Brownstein | ) www.businessinsider.com time to read: +12 min

But let's face it, many of the tasks junior bankers spend their time on could very well be done by a robot. "As a junior banker you don't critically think. With artificial intelligence progressing by leaps and bounds, how will it impact the job of the junior banker? She said it's already helping junior bankers get their jobs done faster. "It will allow junior bankers to operate at a higher level with that first pass of analysis being prepared by the technology," said Torrente.

Persons: Wall, Tamara Bitticks, it's, Carlo Allegri, Bitticks, Crystal Cox, Peter Torrente, Bogdan Tudose, Morgan Stanley, Tudose, Goldman Sachs, Banks Organizations: Deutsche Bank, Reuters, Deloitte, Industry, Wall, Google, KPMG, Blackstone, JPMorgan, Excel, Getty, Deutsche Locations: Manhattan, San Francisco

[1/2] Republican presidential candidate Donald Trump (R) speaks to media mogul Rupert Murdoch as they walk out of Trump International Golf Links in Aberdeen, Scotland, June 25, 2016. "This provides an opportunity for a reset between President Trump and the Fox News network," Republican strategist Ron Bonjean said of Lachlan Murdoch's appointment. "The question is: does Lachlan Murdoch want to have a positive relationship with former President Donald Trump? Fox News did not immediately respond to a request for comment about political coverage under Lachlan Murdoch. Stuelpnagel said he believed the high cost of the Dominion lawsuit might make Lachlan Murdoch tread carefully on Trump coverage.

Persons: Donald Trump, Rupert Murdoch, Carlo Allegri, Rupert Murdoch's, Trump, Fox, Rupert Murdoch's son, Lachlan Murdoch, Biden, Ron Bonjean, Lachlan Murdoch's, Bret Baier, Jason Osborne, Osborne, Hillary Clinton, Larry Stuelpnagel, Dan Cassino, Karen Finney, Finney, Stuelpnagel, Lachlan, Tim Reid, Nathan Layne, Alexandra Ulmer, Heather Timmons, Jamie Freed Organizations: Republican, Trump, REUTERS, Fox Corp, News Corp, Fox News, Dominion, Systems, Fox, Republicans, Social, America News Network, Northwestern University, Fairleigh Dickinson University, Democratic, Thomson Locations: Aberdeen, Scotland, American, New Jersey

☆ Former captain Bonucci starts legal battle against Juventus over club exit
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

"I have decided, after great suffering, to take the path of a lawsuit towards Juventus," Bonucci told Sport Mediaset in an interview published on Thursday. Bonucci said he did not feel remorse towards his former club nor was seeking financial reward, and that if he won the legal battle he would donate all the proceeds to charity. Juventus are the fans, the team, my former team mates," Bonucci said. "I want to continue to play and trouble Spalletti for the national team," Bonucci said. Bonucci added his hopes are to be back at Juventus one day as coach.

Persons: Leonardo Bonucci, Florion, Massimiliano Allegri, Bonucci, Luciano Spalletti, Spalletti, Anita Kobylinska Organizations: Soccer Football, Air Albania, REUTERS, Juventus, United States, Serie, Juve, Bundesliga, Union Berlin, Sport Mediaset, Thomson Locations: Albania, Italy, Tirana, Turin, Gdansk

A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. Investors await August consumer prices data, due on Wednesday, and producer prices scheduled on Thursday, followed by the Fed's policy decision on Sept. 20. A recent uptick in oil prices and strong economic data have fueled concerns over stubborn inflation, clouding the outlook for an end to U.S. monetary tightening. Investors will also monitor the European Central Bank's policy decision on Thursday, where it is seen holding rates after nine consecutive hikes. ET, Dow e-minis were down 48 points, or 0.14%, S&P 500 e-minis were down 9 points, or 0.2%, and Nasdaq 100 e-minis were down 27.5 points, or 0.18%.

Persons: Carlo Allegri, Wall, Morgan Stanley, BoE, Mohit Kumar, Ankika Biswas, Shristi, Arun Koyyur, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Kappa, Dow, Nasdaq, Microsoft, Investors, Fed, ECB, Jefferies, Dow e, Oracle, Paramount Global, Amusements, Thomson Locations: New York, U.S, Bengaluru

☆ Nike investors reject pay equity, human rights proposals
▼ + stars: | 2023-09-12 | by ( Katherine Masters | ) www.reuters.com time to read: +1 min

[1/2] The Nike swoosh logo is pictured on a store in New York City, New York, U.S., September 4, 2018. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company. One of the resolutions, filed by Massachusetts-based investment adviser Arjuna Capital, called on Nike to provide more data on pay equity for female and minority employees. The company will disclose the final vote tally in a future U.S. Securities and Exchange Commission filing. Arjuna’s resolution on pay equity reporting failed for the second time since 2021 despite backing from proxy advisory firm Institutional Shareholder Services, which in August recommended that investors vote for the proposal.

Persons: Carlo Allegri, Arjuna Capital, John Donahoe, Katherine Masters, Josie Kao Organizations: Nike, REUTERS, U.S . Securities, Exchange Commission, Services, Reuters, Thomson Locations: New York City , New York, U.S, Massachusetts, Cambodia, Thailand

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