BACT

Market maker Virtu sues US SEC over records request

Nov 29 (Reuters) – Virtu Financial Inc (VIRT.O) took the extraordinary step of suing the US Securities and Exchange Commission, alleging on Tuesday its primary regulator had not responded to a public records request. Virtu, a market maker with a large equities business, said it submitted a Freedom of Information Act (FOIA) request in June …

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Wall Street ends sharply, hit by Apple and China worries

Cyber ​​Monday spending to hit $11.6 billion – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer’s drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked …

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Google, iHeartMedia settle charges of deceptive Pixel 4 ads with FTC, US states

WASHINGTON, Nov 28 (Reuters) – The US Federal Trade Commission and seven US states reached a settlement with Alphabet Inc’s ( GOOGL.O ) Google and iHeartMedia Inc ( IHRT.O ) over allegations of deceptive ads promoting Google’s Pixel 4 smartphone, the FTC said. the FTC said in a statement on Monday that the companies aired …

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A tale of two stock markets: how London still trumps Paris for investors

LONDON, Nov 28 (Reuters) – Paris’ luxury-laden stock exchange is now worth more than London’s. But although size matters, there are other indicators highlighting the UK capital’s popularity with investors. While the UK has seen a larger exodus from equity funds since 2020 than Paris, companies have raised more money in initial public offerings (IPOs) …

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Canadian banks count on loan growth as stormy markets dent profits

Nov 27 (Reuters) – Top Canadian banks are expected to post a decline in fourth-quarter profits as choppy markets hurt wealth management and a slow deal pipeline dents income from investment banking, offsetting expected gains from business loans. The earnings reports, beginning Tuesday, cap off a tumultuous year that saw inflation reach decades-high levels and …

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Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave – source

Foxconn Zhengzhou plant’s November shipments to fall further – source Worker unhappiness at the plant escalated into protests this week Over 20,000 workers, mostly new recruits, have left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout …

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Tokyo prosecutors search Dentsu, suspect bid-rigging on Olympics test events -media

TOKYO, Nov 25 (Reuters) – Tokyo prosecutors searched advertising agency Dentsu (4324.T) and other firms in connection with possible bid-rigging for Tokyo Olympics test events, public broadcaster NHK and other domestic media reported on Friday. The move marks a widening of a corruption scandal that has centered on Olympic sponsors and a former member of …

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Just Eat Takeaway to reorganize in Britain, cut 170 jobs globally

AMSTERDAM, Nov 24 (Reuters) – Online meal ordering and delivery company Just Eat Takeaway NV (TKWY.AS) on Thursday announced a reorganization of its customer service operations, which a spokesperson said could lead to 170 job losses globally. The company said in a statement it would close a customer service center in Borehamwood, England and employees …

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Stick-wielding men smash surveillance cameras at China iPhone plant

SHANGHAI, Nov 23 (Reuters) – Men wielding sticks smashed surveillance cameras and windows at a massive campus owned by Apple ( AAPL.O ) supplier Foxconn ( 2317.TW ) in the Chinese city of Zhengzhou, scenes broadcast live on the Kuaishou short video platform shown on Wednesday. Hundreds of workers protested at the campus, home to …

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