EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

EXCLUSIVE China's central bank accepts Ant's application for financial holding company - sources

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register PBOC taking application signals license may come soon – sources Financial holding license to pave way for Ant market … Read more

Tesla to seek investor approval for 3-for-1 stock split

Tesla to seek investor approval for 3-for-1 stock split

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register June 10 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company … Read more

EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources

EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources

Ant aims to file preliminary prospectus as soon as July-sources Ant needs CSRC’s guidance on timing of prospectus filing-source Ant says there is no plan to relaunch its IPO-statement Warburg Pincus valued Ant at $180 bln at end-March-source HONG KONG, June 9 (Reuters) – China’s central leadership has given billionaire Jack Ma’s Ant Group a … Read more

Amazon stock split may draw retail traders in tough market

Amazon stock split may draw retail traders in tough market

The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon’s (AMZN.O) stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this … Read more

Exclusive: Credit Suisse weighs options to strengthen capital – sources

Exclusive: Credit Suisse weighs options to strengthen capital - sources

The logo of Swiss bank Credit Suisse is seen at its headquarters at the Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, May 30 (Reuters) – Credit Suisse (CSGN.S) is in the early stages of weighing options to bolster its capital after … Read more

Chipmaker Broadcom to buy VMware in $61 bln deal

Chipmaker Broadcom to buy VMware in $61 bln deal

May 26 (Reuters) – Broadcom Inc (AVGO.O) said on Thursday it will acquire cloud computing company VMware Inc (VMW.N) in a $61 billion cash-and stock deal, the chipmaker’s biggest and boldest bid to diversify its business into enterprise software. The acquisition is the second biggest announced globally so far this year, trailing only Microsoft Corp’s … Read more

GameStop seeks share split amid renewed meme-stock hype

GameStop seeks share split amid renewed meme-stock hype

A GameStop store is pictured in the Manhattan borough of New York City, New York, US, January 29, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register March 31 (Reuters) – Video game retailer GameStop Corp (GME.N) said on Thursday it would seek shareholder approval for a stock split, aiming to … Read more

Vietnam’s Vinfast to build $2 bln electric vehicle factory in US

Vietnam's Vinfast to build $2 bln electric vehicle factory in US

The VinFast logo is displayed on a VF5 electric SUV during CES 2022 at the Las Vegas Convention Center in Las Vegas, Nevada, US January 5, 2022. REUTERS/Steve Marcus Register now for FREE unlimited access to Reuters.com Register HANOI/SAN FRANCISCO, March 29 (Reuters) – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary … Read more

Tesla adds to wave of megacap stock splits

Tesla adds to wave of megacap stock splits

A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt, France, January 12, 2019. REUTERS/Pascal Rossignol/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register March 28 (Reuters) – Tesla’s (TSLA.O) announcement on Monday that it will seek shareholder … Read more

Barclays faces $590 million hit, scrutiny over sales slip-up

Barclays faces $590 million hit, scrutiny over sales slip-up

A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON/NEW YORK, March 28 (Reuters) – British bank Barclays faces an estimated 450 million pound ($592 million) loss and regulatory scrutiny for exceeding a US limit on sales of structured products, … Read more