Canada customer data firm Telus makes $830 million play for Australia's Appen

(Reuters) -Canadian data analytics software maker Telus International made a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, the target company said on Thursday, sending its shares soaring.

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26-05-2022

Westpac to sell one financial advisory business, merge unit's funds with Mercer Super Trust

Westpac Banking Corp said on Thursday it would sell one of its financial advisory businesses, Advance Asset Management, to pension fund Mercer Australia, as part of the bank's ongoing push to exit non-core businesses.

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26-05-2022

Japan's corporate service prices rise at fastest pace in over 2 years

An index measuring prices Japanese firms charge each other for services rose in April at the fastest annual pace in more than two years, data showed on Thursday, a sign that inflationary pressure is building broadly across the economy.

newspaper

26-05-2022

Most May FOMC participants backed 50 bp hikes in June and July

All participants at the Federal Reserve's May 3-4 policy meeting backed a half-percentage-point rate increase to combat inflation they agreed had become a key threat to the economy's performance and was at risk of racing higher without central bank action, newly released minutes of the session showed.

newspaper

25-05-2022

Tackling Visa and Mastercard fees could take years, says UK regulator

It could be years before card fees from global payments duo Mastercard and Visa can be capped again to cut costs for retailers and consumers, Britain's payments regulator told lawmakers on Wednesday.

newspaper

25-05-2022

Volkswagen in $242 million UK 'dieselgate' settlement

LONDON (Reuters) -Volkswagen will pay 193 million pounds ($242 million) as part of an out-of-court settlement to around 91,000 British drivers over a diesel emissions scandal, litigation funder Therium and the German carmaker said on Wednesday.

newspaper

25-05-2022

BlackRock's Fink says clients must decide how to navigate energy transition

(Reuters) -BlackRock Inc Chief Executive Laurence Fink on Wednesday said clients must decide for themselves how to navigate the energy transition, positioning the world's largest asset manager in the middle ground of a debate over what role financial companies should play in addressing climate change.

newspaper

25-05-2022

BlackRock CEO Fink says clients must decide how to navigate energy transition

BlackRock Inc Chief Executive Laurence Fink on Wednesday said clients must decide for themselves how to navigate the energy transition.

newspaper

25-05-2022