MOSCOW (Reuters) – Kremlin critic Alexei Navalny’s sudden illness has unleashed his strategy to challenge Vladimir Putin’s grip on power in the upcoming regional elections. But it also exposes a longer-term issue – the leadership vacuum within Russia’s opposition. FILE PHOTO: Russian opposition leader Alexei Navalny awaits the start of …
Read More »Safe bet? Sovereign wealth funds once considered reliable real estate
LONDON (Reuters) – The COVID-19 pandemic has forced sovereign wealth funds to make it rather unthinkable. FILEFOTO: Empty offices are seen as the spread of coronavirus (COVID-19) disease continues, in London, UK March 19, 2020. REUTERS / Simon Dawson With leading office blocks lying empty around the world, hotels half …
Read More »Exclusive: Amazon in talks to invest in cloud service company Rackspace, say sources
(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
Read More »Chinese companies flood into US IPOs despite writing off threat
HONG KONG (Reuters) – The US government is threatening to remove Chinese companies that do not meet US accounting standards, but mainland companies are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals. FILE PHOTO: The 11 Wall St. door of the New York Stock Exchange …
Read More »Large U.S. companies form group to encourage minority hiring in New York
PHOTO PHOTO: Jamie Dimon, Chairman and CEO of JP Morgan Chase & Co., Speaking at the Bloomberg Global Business Forum in New York City, New York, USA, September 25, 2019. REUTERS / Shannon Stapleton (Reuters) – Leaders of major U.S. corporations, including banks and tech giants, have formed a group …
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