MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as the bank prepared to launch its second share buyback this year. After walking away from a rescue deal for state-owned rival Monte dei Paschi, CEO Andrea Orcel has bet on…
By Andrew Chung (Reuters) – The U.S. Supreme Court on Tuesday threw out a lower court ruling that blocked South Carolina from ending public funding to Planned Parenthood, giving the Republican-governed state another chance to defend its bid to deprive the reproductive healthcare and abortion provider of government money. The justices sent the case back…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Proxy advisory firm Institutional Investor Services urged Alkermes shareholders to elect one of three director candidates proposed by activist hedge fund Sarissa Capital, arguing more outside pressure on management is needed right now. ISS said Sarah Schlesinger, a physician with experience serving on public company boards, should be…
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court is expected to decide by the end of this month the fate of race-conscious collegiate admission policies, one of the major disputes – also including cases involving LGBT rights and student debt forgiveness – still yet to be resolved as the justices…
By Blake Brittain (Reuters) – The U.S. Supreme Court ruled on Tuesday that Disney must face a New Jersey toy creator’s lawsuit that claimed the company violated her trademark rights with its character Lots-o’-Huggin’ Bear from the blockbuster 2010 film “Toy Story 3.” The justices threw out a lower court’s ruling that Disney was protected…
KYIV (Reuters) – The son of one of the United States’ richest men criticised the international disaster response to the destruction of the Kakhovka dam in southern Ukraine this month as “disappointing” and inadequate, as he visited the nearby city of Kherson. Howard Buffett, a businessman and philanthropist, spoke to Reuters in an interview by…
By Baranjot Kaur and Akanksha Khushi (Reuters) -Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in…
By Saeed Azhar NEW YORK (Reuters) -The head of healthcare investing at Goldman Sachs Asset Management, Jo Natauri, will leave the company at the end of the year to pursue other opportunities in the sector. “We’re entering a pretty attractive period for healthcare private investing, which I think could be pretty interesting to explore,” Natauri…
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis held talks on Tuesday with Cuban President Miguel Díaz-Canel, who is making a rare trip to the West, as police kept a small demonstration demanding respect for human rights on the communist-run island away from the Vatican. A Vatican statement did not give any details on…
LONDON (Reuters) – U.S. Secretary of State Antony Blinken said he would set out a new assistance package for Ukraine on Wednesday at a conference aimed at encouraging private companies to invest in the country’s reconstruction after Russia’s invasion. Kyiv and London will host the Ukraine recovery conference in London on Wednesday and Thursday, when…
