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Nov 1 (Reuters) – The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff penalties for the failed bank’s former bosses. “We can confirm a D&O probe into First Republic is taking place,” a spokesperson told Reuters on Wednesday, referring … Read more
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The logo of Korean Airlines is seen on a B787-9 plane at its aviation shed in Incheon, South Korea, February 27, 2017. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing Rights BRUSSELS, Oct 17 (Reuters) – South Korea’s biggest carrier, Korean Air Lines (003490.KS), will offer to sell Asiana Airlines’ (020560.KS) air cargo business and divest routes to … Read more
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Biggest-ever gaming deal closes after UK approval UK regulator CMA had blocked the acquisition in April Microsoft agreed to sell streaming rights to win approval CMA says ‘sticking to its guns’ pays off for gamers LONDON, Oct 13 (Reuters) – Xbox maker Microsoft (MSFT.O) closed its $69 billion deal for Activision Blizzard (ATVI.O) on Friday, … Read more
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The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo Acquire Licensing Rights Sept 29 (Reuters) – The European Union is examining alleged anticompetitive practices in chips used for artificial intelligence, a market that Nvidia (NVDA.O) dominates, Bloomberg News reported on Friday, citing people … Read more
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U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. REUTERS/Aly Song Acquire Licensing Rights WASHINGTON, Sept 3 (Reuters) – U.S. Commerce Secretary Gina Raimondo warned China in interviews broadcast on Sunday that the patience of U.S. … Read more
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UK’s CMA says original $69 bln Microsoft purchase blocked Activision to divest streaming rights to Ubisoft Deal designed to enable Microsoft takeover to proceed LONDON, Aug 22 (Reuters) – “Call of Duty” maker Activision Blizzard (ATVI.O) will sell its streaming rights to Ubisoft Entertainment (UBIP.PA) in a fresh attempt to win approval from Britain’s anti-trust … Read more
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The headquarters of the European Energy Exchange (EEX), world’s biggest online power trading platform is seen in a centre-of-town high-rise office building in Leipzig, Germany April 25, 2021. REUTERS/Annegret Hilse/File Photo Acquire Licensing Rights BRUSSELS, Aug 21 (Reuters) – The European Energy Exchange (EEX), part of Deutsche Boerse (DB1Gn.DE), has to seek EU antitrust approval … Read more