(Reuters) – Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading. Silver Lake and GIC will acquire all outstanding shares of Zuora’s common stock at …
Billing software firm Zuora to go private in $1.7 billion deal with Silver Lake, GIC Read More »
By Anton Bridge TOKYO (Reuters) -The Tokyo Stock Exchange’s role from now on is to facilitate constructive dialogue between companies and investors rather than mandate how businesses are run, its head said on Thursday. “The real power to bring about change lies with investors and shareholders,” Hiromi Yamaji, chief executive officer of Japan Exchange group, …
Tokyo Stock Exchange CEO says talks between firms and investors key to governance Read More »
LONDON (Reuters) – The London Metal Exchange (LME) has taken disciplinary action regarding the risk management systems of ABN AMRO Clearing Bank NV, which has agreed to pay a fine of 230,000 pounds ($299,200), the exchange said on Thursday. The exchange, the world’s oldest and largest market for industrial metals, said a settlement was reached …
LME fines ABN AMRO $300,000 in disciplinary action Read More »
By Anushree Mukherjee (Reuters) – Gold prices hit record highs on Thursday as uncertainty surrounding the U.S. presidential elections and the war in the Middle East prompted investors to seek out the safe-haven asset, while easing monetary policy environment kept prices elevated. Spot gold rose 0.7% to $2,690.60 per ounce by 1:42 p.m. ET (1742 …
Gold hits record highs on US election uncertainty, more policy easing Read More »
LONDON/BEIJING (Reuters) – British foreign secretary David Lammy will visit China on a two-day visit starting on Friday in a bid to improve relations between the two countries after years of tensions over security concerns and alleged human rights abuses. Lammy will hold talks with his Chinese counterpart Wang Yi in Beijing before visiting Shanghai …
UK foreign minister to visit China to rebuild damaged ties Read More »
By Luc Cohen and Jack Queen (Reuters) -A judge on Wednesday overturned controversial changes to Georgia election rules made by a Republican-controlled state board, the latest defeat for allies of Donald Trump seeking to change how the state’s votes are counted in the Nov. 5 U.S. presidential election. Judge Thomas Cox struck down a half-dozen …
Georgia judge blocks elections rules backed by Pro-Trump Republicans Read More »
MOSCOW (Reuters) – Russia is warning Israel to not even consider striking Iranian nuclear facilities, state news agency TASS quoted Deputy Foreign Minister Sergei Ryabkov as saying on Thursday. After Iran’s missile attack on Israel on Oct. 1, there has been speculation that Israel could strike Iran’s nuclear facilities, as it has long threatened to …
Russia tells Israel to not even consider attacking Iranian nuclear facilities, TASS says Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view that the economy maintained a strong growth pace in the third quarter. The slightly stronger-than-expected rise in sales reported by the Commerce Department on Thursday …
Strong discretionary spending buoys US retail sales in September Read More »
By Charlotte Greenfield and Mohammad Yunus Yawar HERAT, Afghanistan (Reuters) – The United Nations’ mission in Afghanistan called on Thursday for an investigation into reports that a large group of Afghan migrants had been shot and killed on the Afghanistan-Iran border. Afghan media outlets including Tolo News, citing witnesses, said more than 200 Afghan migrants …
UN seeks probe into reported mass killing of Afghans migrating to Iran Read More »
(Reuters) -Cash-strapped electric luxury sedan maker Lucid said on Thursday a combined public offering and private placement of roughly 637 million shares would likely fetch it $1.67 billion. The stock sale as well as its latest warning of a bigger-than-expected loss for the third quarter sent Lucid shares down as much as 16.5% to $2.74, …
EV maker Lucid expects to raise $1.67 billion from stock sale Read More »
