(Reuters) – BlackRock Inc, the world’s largest asset manager, has asked its staff to return to office at least four days a week, according to an internal memo seen by Reuters. “We will shift to at least four days per week in the office, with the flexibility to work from home one day per week,”…
By Ali Kucukgocmen and Ece Toksabay ANKARA (Reuters) – Turkish President Tayyip Erdogan’s AK Party came out on top in Sunday’s elections in 10 of the 11 provinces hit by February’s earthquakes, with analysts saying his vow to rebuild devastated cities had reassured voters in what are mostly AKP strongholds. The ruling party’s strong showing,…
PARIS (Reuters) – U.S. investment bank Moelis & Co is strengthening its presence in France by hiring Edouard Debost from JPMorgan, it said on Tuesday. Debost, who will join Moelis as managing director in July, previously led JPMorgan’s private client advisory team for the Europe, Middle East and Africa region, the listed boutique bank said…
NEW YORK (Reuters) – The United States has charged a Chinese national with violating U.S. sanctions by providing to Iran materials used to produce ballistic missiles, federal prosecutors in Manhattan said on Tuesday. Xiangjiang Qiao works at Sinotech Dalian Carbon and Graphite Manufacturing Corporation, a China-based company which the U.S. Treasury Department placed on a…
(Reuters) -The U.S. Federal Trade Commission is expected to file a lawsuit as early as Tuesday to block Amgen Inc’s $27.8 billion deal to buy Horizon Therapeutics PLC, a person familiar with the matter told Reuters. Amgen struck a deal last year to buy Horizon to strengthen its rare diseases drugs portfolio. The company has…
BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, but economic growth will remain muted in the near term, the International Monetary Fund (IMF) said on Tuesday. Tighter financial conditions and the energy price shock have begun to weigh on near-term growth,…
By Dawn Chmielewski, Helen Coster and Sheila Dang NEW YORK (Reuters) – An animated appearance by Ted, the foul-mouthed teddy bear from the movie of the same name, a gaggle of “Real Housewives” and a NBC News political correspondent appeared at NBCUniversal’s annual ad-selling “upfront” presentation, as a writers’ strike prompted high-wattage acting talent to…
WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc engineer with attempting to steal the firm’s technology related to autonomous systems, including self-driving cars. The engineer, whom Justice Department officials named as Weibao Wang, 35, in 2017 accepted a U.S.-based job with a Chinese company working…
(Reuters) – A U.S. appeals court has temporarily halted a federal judge’s ruling that struck down the Affordable Care Act’s mandate requiring insurers to cover preventive care, the New York Times reported on Monday. The ruling stems from one of several legal challenges Republicans have brought against the 2010 healthcare law, former President Barack Obama’s…
By Tom Hals WILMINGTON, Delaware (Reuters) -The U.S. Virgin Islands has subpoenaed Tesla Inc CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co of helping enable sexual abuses by late sex offender Jeffrey Epstein. The subpoena, issued on April 28, came to light on Monday in a request by the Virgin…
