WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday said BNY Mellon Investment Adviser had paid $1.5 million to resolve charges it misstated environmental, social and governance (ESG)investment policies for some mutual funds that it managed. The SEC said that from July 2018 to September 2021, BNY Mellon Investment Adviser represented or…
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that could give foreign investors more influence over the troubled Japanese conglomerate. Toshiba plans to nominate executives from Elliott Management and Farallon Capital Management for…
TOKYO (Reuters) – Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that could give foreign investors more influence over the troubled Japanese conglomerate. Toshiba plans to nominate the executives from Elliott Management and Farallon Capital Management for board…
By Greg Roumeliotis and Supantha Mukherjee NEW YORK/STOCKHOLM (Reuters) – Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the…
By Sabine Siebold DAVOS, Switzerland (Reuters) -Russia would normally have its own “house” at the World Economic Forum as a showcase for business leaders and investors. This year the space on the dressed-up main street in Davos has been transformed by Ukrainian artists into a “Russian War Crimes House”, portraying images of misery and devastation….
(Reuters) – JPMorgan Chase & Co presented a more optimistic profit forecast on Monday as it opened an investor conference to relieve worries that the biggest U.S. bank by assets might be starting to lose its edge. Investors are keeping an eye on the prospects for banks to increase their net interest income, or the…
LONDON (AP) — British Prime Minister Boris Johnson has been shadowed by career-threatening scandal for months — but so far he has escaped unscathed. This week he faces one more threat to his political future: a comprehensive report into lockdown-breaching parties in government offices that is expected to be published within days. Senior civil servant…
UNITED NATIONS — Spokesman Stephane Dujarric said Monday that U.N. staff on the ground remain concerned about the impact on civilians by the reported fierce fighting in eastern Luhansk, Donetsk and Kharkiv regions. He said people are being killed or injured. Homes, civilian infrastructure and residential buildings have been damaged or destroyed. In the government-controlled…
Three doses of Pfizer’s COVID-19 vaccine offer strong protection for children younger than 5, the company announced Monday, another step toward shots for the littlest kids possibly beginning in early summer. Pfizer plans to submit the findings to U.S. regulators later this week. The Food and Drug Administration already is evaluating an application by rival…
MADRID (AP) — A senior Spanish government official on Monday rebuked Spain’s former king, saying Juan Carlos should have used his first trip home from exile to clear the air over investigations into his financial affairs. Government spokeswoman Isabel Rodríguez said the ex-monarch “missed an opportunity” to “provide explanations and ask for forgiveness.” Juan Carlos’s…
