12 June

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HK bankers and lawyers win right to apply for access to corporate registry By Reuters

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By Scott Murdoch HONG KONG (Reuters) - Hong Kong bankers and lawyers will be able to search the city's companies registry under proposed exemptions to plans to tighten public access to the database, Secretary for Financial Services Christopher Hui said on Saturday. Business and governance experts have criticised a government plan to restrict access to the personal information of company directors, outlined this year, saying it will reduce transparency in the city's corporate sector. Dealmakers working through the due diligence phase of corporate transactions regularly consult the database to research and verify the history and...

12 June

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Putin says relations with U.S. at lowest point in years By Reuters

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WASHINGTON (Reuters) - Russian President Vladimir Putin, in an interview with NBC News ahead of his meeting with U.S. President Joe Biden next week, said U.S.-Russia relations are at their lowest point in years. Putin and Biden will meet in Geneva on Wednesday. The White House has said Biden will bring up ransomware attacks emanating from Russia, Moscow's aggression against Ukraine, the jailing of dissidents and other issues that have irritated the relationship. "We have a bilateral relationship that has deteriorated to its lowest point in recent years," Putin said, according to an NBC translation of...

12 June

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BarkBox Eyes Growth With Tailor-Made Items For Our Furry Friends By Investing.com

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By Christiana SciaudoneInvesting.com -- Dogs are unique. Their diets and toys should be, as well. That idea led to BarkBox, which makes customized packages of toys, snacks and more designed for your dog alone and sends them to you on a monthly subscription basis. The Original Bark Co (NYSE:BARK), as its parent company is known, went public via a SPAC reverse-merger earlier this month. The company is betting that we love our pups so much we're willing to eschew generic toys, treats and food in favor of carefully curated goods. Bark has been a major beneficiary...

12 June

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Apple tightens rules after Justice Department targeted U.S. lawmakers By Reuters

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By Stephen Nellis (Reuters) - Apple Inc (NASDAQ:AAPL) on Friday said it has tightened some of its rules for responding to legal requests after the U.S. Justice Department during Donald Trump's presidency subpoenaed it for information on Democratic lawmakers. Apple said it recently instituted a limit of 25 identifiers such as email addresses or phone numbers per legal request. The Cupertino, California-based company said it received a subpoena from the Justice Department in February 2018 for information on 109 identifiers made up of 73 phone numbers and 36 email addresses, but that it did not release...

12 June

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Amazon raises minimum pay in Germany to 12 euros per hour By Reuters

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FRANKFURT (Reuters) - Amazon (NASDAQ:AMZN) will guarantee an entry-level wage at its German warehouses of 12 euros ($15) an hour, the company said on Friday in the face of a long-running battle with a top labour union. Germany is Amazon's biggest market after the United States, and the Verdi union has been organising strikes at Amazon in the country since 2013 to protest low pay and poor conditions. The pay increase is effective from July and compares with entry-level pay as low as 11.30 euros per hour for some locations, though pay exceeded 12 euros...

12 June

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J&J Slips As FDA Wants 60 Million Doses From Troubled Plant Discarded By Investing.com

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By Dhirendra Tripathi Investing.com – Johnson & Johnson (NYSE:JNJ) shares fell more than 1% Friday after the Food and Drug Administration asked it to throw out 60 million doses of its Covid-19 vaccine that were made at a troubled Baltimore plant. The FDA plans to allow about 10 million doses to be distributed in the U.S. or be sent to other countries, but with a warning that regulators cannot guarantee that Emergent Biosolutions (NYSE:EBS), the company that operates the plant, followed good manufacturing practices, NYT said. The FDA had been trying to figure out the...

12 June

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McDonald’s shuts some Indonesia outlets over BTS meal frenzy By Reuters

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(Reuters) - McDonald's was forced to briefly shut some outlets in Indonesia earlier this week when the launch of a limited edition meal inspired by K-pop group BTS sparked frenzied excitement and fears of coronavirus contagion. Videos shared with Reuters showed scenes of chaos on Wednesday, with upturned tables and chairs and delivery riders massing inside and outside of restaurants, prompting concerns about super-spreader events in a country with one of Asia's most stubborn COVID-19 outbreaks. There have been big BTS buildups elsewhere, including the Philippines, where a special app has been created and...

12 June

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U.S. Trade Representative Tai to hold trade talks in Britain next week By Reuters

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WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai will travel to Britain on Wednesday and hold talks with British trade minister Elizabeth Truss, the U.S. Trade Representative's office said in a statement on Friday. ...

12 June

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Atotech Pops On Report It Has A Suitor In MKS Instruments By Investing.com

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By Dhirendra Tripathi Investing.com – Atotech (NYSE:ATC) shares rose more than 6% Friday on a StreetInsider report that MKS Instruments (NASDAQ:MKSI) has approached the specialty chemicals group with an acquisition offer. MKS shares were weaker by 2.5%. The target company has a market capitalization of $4.91 billion and the suitor almost double that at $9.76 billion. The potential combination would expand MKS's offerings in chip manufacturing through the addition of Atotech's plating chemicals, the report said. The deal, if it comes to pass, would come a few...

12 June

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Volkswagen’s Traton explores potential capital increase -sources By Reuters

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By Arno Schuetze, Christoph Steitz and Christina Amann FRANKFURT (Reuters) - German trucks maker Traton is in the early stages of exploring a capital increase worth more than 1 billion euros ($1.2 billion) as its takeover of U.S. peer Navistar draws to a close, three people close to the matter said. Traton, which has a market capitalisation of about 13.7 billion euros, is contemplating raising its capital by about 10% in a deal that could happen as soon as after the summer break, the people said. The company, in which Volkswagen (DE:VOWG_p) owns a 89.72% stake,...

Меню

HK bankers and lawyers win right to apply for access to corporate registry By Reuters

Putin says relations with U.S. at lowest point in years By Reuters

BarkBox Eyes Growth With Tailor-Made Items For Our Furry Friends By Investing.com

Apple tightens rules after Justice Department targeted U.S. lawmakers By Reuters

Amazon raises minimum pay in Germany to 12 euros per hour By Reuters

J&J Slips As FDA Wants 60 Million Doses From Troubled Plant Discarded By Investing.com

McDonald’s shuts some Indonesia outlets over BTS meal frenzy By Reuters

U.S. Trade Representative Tai to hold trade talks in Britain next week By Reuters

Atotech Pops On Report It Has A Suitor In MKS Instruments By Investing.com

Volkswagen’s Traton explores potential capital increase -sources By Reuters

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