Author: Press Room
© Reuters. FILE PHOTO: Japan’s new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo By John Geddie TOKYO (Reuters) – One of Japan’s most prominent government ministers faces a no-confidence motion on Tuesday, underlining the intense pressure mounting on Prime Minister Fumio Kishida’s administration over a fundraising scandal even though the vote is almost certain to fail. Chief Cabinet Secretary Hirokazu Matsuno, a powerful figure who coordinates policy across government on Kishida’s behalf, is among ministers expected to be purged by the embattled premier later…
2/2 © Reuters. FILE PHOTO: Fortnite game installing on Android operating system is seen in this illustration taken, May 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 By Mike Scarcella and Greg Bensinger (Reuters) -“Fortnite” maker Epic Games has prevailed in its high-profile antitrust trial over Alphabet (NASDAQ:)’s Google, which alleged the Play app store operated as an illegal monopoly. “After 4 weeks of detailed court testimony, the California jury found against the Google Play monopoly on all counts,” wrote Epic CEO Tim Sweeney in a post on social media site X, formerly known as Twitter. Jurors found for Epic on all…
© Reuters. Investing.com– Oil prices moved little in Asian trade on Tuesday, as markets remained on edge following more signs of economic weakness in top importer China, while caution set in before key inflation readings from the U.S. and India. Data over the weekend showed that China in November, raising more concerns over slowing economic growth in the country. The reading also came just a few days after data showing a pronounced drop in Chinese oil imports, which showed that slowing growth was now chipping away at the country’s appetite for crude. Oil prices had tumbled to near six-month lows…
megaflopp/iStock via Getty Images Virtus Investment Partners (NASDAQ:VRTS) on Monday posted preliminary assets under management of $165.5B as of Nov. 30, up from $155.8B as of Oct. 31. The firm provided services to $2.6B of other fee-earning assets, which are not included in assets under management. Open-end funds AUM rose to $54.4B from $51.8B in the prior month. Closed-end funds AUM also increased to $9.81B from $9.27B at the end of October. Retail separate accounts AUM of $39.9B vs. $36.8B in October. Institutional accounts AUM gained 6% M/M to $61.4B. More on Virtus Investment
One of the best things about being speaker of the House is that you meet with foreign dignitaries.Of course, one of the worst things about being speaker of the House is that you meet with foreign dignitaries.Such was the case when House Speaker Mike Johnson, R-La., huddled at the Capitol recently with British Foreign Secretary and former Prime Minister David Cameron. Their session came just moments after former House Speaker Kevin McCarthy, R-Calif., announced he was departing Congress at the end of the year. The House unceremoniously bounced McCarthy from the Speaker’s suite in October. McCarthy’s removal was an unprecedented…
Jack Smith wants the Supreme Court to weigh in on whether Trump is immune from criminal prosecution.Trump and his lawyers have argued that the election interference case against him should be tossed.Smith wants to bypass an appellate court to keep the March 4 trial date on track. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Can Donald Trump be charged with a crime?Justice Department Special Counsel Jack Smith has asked the Supreme Court to weigh in — and fast.In an unusual court filing, Smith’s…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Veritas Capital was in talks to sell a 50 per cent stake in healthcare technology company Cotiviti to private equity giant KKR, in a deal that would value the business at up to $11bn, according to three people briefed on the matter.A deal, which could be clinched in the next few weeks, would return billions of dollars to Veritas investors after a similar deal for Cotiviti fell apart in April when another bidder, Carlyle, failed to come up with its part of…
© Reuters. FILE PHOTO: A worker walks across a construction site in the Central Business District, ahead of the opening of the National People’s Congress (NPC) in Beijing, China, February 28, 2023. REUTERS/Thomas Peter/File Photo BEIJING (Reuters) -China’s leaders started a closed-door meeting on Monday to discuss economic targets and map out stimulus plans for 2024, four sources familiar with the matter said. The annual Central Economic Work Conference, during which President Xi Jinping and other top officials chart the course for the world’s second-largest economy next year, is likely to end on Tuesday, the sources said. Investors are closely…
© Reuters. FILE PHOTO: Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo (Reuters) -Streaming giant Netflix (NASDAQ:) is down for thousands of users in the U.S. on Monday, according to outage tracking website Downdetector.com. Netflix, in an emailed statement, said that it is facing “unexpected technical issues” for some members. Downdetector, which tracks outages by collating status reports from several sources including users, showed about 7,000 reports of outages as of 19:17 ET, down from nearly 17,000 reports earlier.
© Reuters. China’s President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. REUTERS/Carlos Barria/File Photo HANOI (Reuters) – China’s President Xi Jinping starts a two-day visit to Vietnam on Tuesday, three months after U.S. President Joe Biden travelled to Hanoi as the two great powers vie for influence in the Southeast Asian nation. The trip, Xi’s first in six years, has been months in planning and was even briefly considered to take place days before Biden’s visit, according to officials. It is aimed at boosting relations between…