Tuesday, 1 May 2018

China's HNA drops bid to buy Scaramucci's SkyBridge due to regulatory hold-up

China's HNA drops bid to buy Scaramucci's SkyBridge due to regulatory hold-up

(Reuters) - Chinese conglomerate HNA Group has dropped its bid for most of SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump's former aide Anthony Scaramucci, as the deal was still stuck with U.S. regulators after more than a year.

Benefit of Trump tax cuts overshadowed by technology and misplaced policies: Milken conference speakers

LOS ANGELES (Reuters) - The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back "animal spirits" that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday. 

Exclusive: Hasbro to acquire Power Rangers, other franchises from Saban: sources

Toy maker Hasbro has agreed to acquire children's entertainment and merchandising franchises, including the characters of the superhero TV show Power Rangers, from Saban Entertainment for around $520 million in cash and stock, people familiar with the matter said on Tuesday.

Kerry Kennedy, Ashley Judd at Milken push for more economic representation for women

BEVERLY HILLS, Calif (Reuters) - Women speakers at the Milken Institute Global Conference on Monday called for a new push for change in the corporate world and investing now that the #MeToo movement has spread to industries outside of Hollywood.

Global elites to hash out #MeToo sexual misconduct issues at Milken Conference

LOS ANGELES (Reuters) - The global social media movement known through the Twitter hashtag #MeToo has highlighted sexual misconduct in business, entertainment and politics, and will be on the agenda at this year's Milken Institute Global Conference, which starts on Sunday.

Australia banking scandal claims more AMP scalps, chairwoman quits

SYDNEY (Reuters) - Australia's largest-listed wealth manager AMP announced the resignations of its chairwoman and legal counsel on Monday, and slashed its directors' fees by a quarter as it races to stem the fallout from damaging revelations of misconduct at the firm.

Nasdaq asks regulators to let companies decide where they trade

NEW YORK (Reuters) - Nasdaq Inc has asked regulators to allow it to give small companies a choice of trading on a single U.S. stock exchange, rather than all 13 of them, in an effort to make it easier for buyers and sellers of the stocks to find each other.

Credit Suisse chairman sees more efficiency work ahead

ZURICH (Reuters) - Credit Suisse still has work ahead after making good progress towards achieving targets set for a three-year turnaround, Chairman Urs Rohner told the group's annual general meeting on Friday.

Speculative U.S. 10-year T-note net shorts hit record high: CFTC

(Reuters) - Speculators' net bearish bets on U.S. 10-year Treasury note futures climbed to a record high earlier this week when the 10-year yield rose to 3 percent for the first time in over four years, according to U.S. Commodity Futures Trading Commission data released on Friday.

Related Videos

3% yield isn't eventful, says Rich Guerrini

Look for M&A activity in biotech, says Kevin Mahn

Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more