September 24, 2020 By Alicia Powell (Reuters) – Basketball legend Kobe Bryant’s autograph, on a hardwood section of the court where he played his last game, is on the auction block online and expected to fetch at least $500,000 next week. The four-panel floor piece, measuring 4 feet by 8 […]
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Trump to campaign in Florida amid outrage over comments on transfer of power
U.S. President Donald Trump talks to reporters as he departs for campaign travel to North Carolina and Florida from the South Lawn at the White House in Washington, U.S., September 24, 2020. REUTERS/Yuri Gripas September 25, 2020 By Steve Holland JACKSONVILLE, Fla. (Reuters) – President Donald Trump campaigned in the […]
BoE’s Haldane says speed of reactions to COVID crisis gives hope
FILE PHOTO: The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London, London, Britain April 27, 2018. REUTERS/Toby Melville September 24, 2020 LONDON (Reuters) – Bank of England Chief Economist Andy Haldane said […]
Mexico central bank cuts rate again, but slows the pace
September 24, 2020 MEXICO CITY (Reuters) – Mexico’s central bank on Thursday again lowered borrowing costs to help stimulate the economy battered by the coronavirus pandemic, but reduced the pace of the cuts to a quarter of a percentage point in an environment of higher inflation. The Bank of Mexico, […]
Vanguard, BlackRock add new climate-focused ETFs as demand soars
September 24, 2020 By Ross Kerber BOSTON (Reuters) – Top asset managers Vanguard Group Inc and BlackRock Inc <BLK.N> on Thursday introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid. The so-called ESG funds use environmental, social […]
Facebook suspends fake Russian accounts, warns of U.S. election hack-and-leak threat
FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration September 24, 2020 By Jack Stubbs LONDON (Reuters) – Facebook Inc <FB.O> said on Thursday it has dismantled three networks of fake accounts which could be used by Russia’s […]
Greenlight, maker of money management app for kids, raises $215 million
September 24, 2020 By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Greenlight Financial Technology Inc, whose products include an app for parents to help teach financial responsibility to kids, said on Thursday it raised $215 million in its latest funding round, valuing the company at $1.2 billion. The funding was […]
Allianz-led consortium in advanced talks to take on Aviva’s French arm: sources
FILE PHOTO: Pedestrians walk past an Aviva logo outside the company’s head office in the city of London, Britain, March 5, 2009. REUTERS/Stephen Hird/File Photo September 24, 2020 By Pamela Barbaglia, Alexander Hübner and Arno Schuetze LONDON/MUNICH/FRANKFURT (Reuters) – A consortium of German insurer Allianz <ALVG.DE> and life insurer Athora […]
Fed’s Powell says evictions, mortgage defaults may rise without more fiscal aid
September 24, 2020 (Reuters) – Failure to deliver more government aid to households could precipitate a wave of mortgage defaults and evictions, Federal Reserve Chair Jerome Powell said on Wednesday in a fresh warning amid a continued deadlock in Congress over another coronavirus relief package. While households are spending now, […]
Axel Springer heiress anoints CEO Doepfner to succeed her at German publisher
September 24, 2020 BERLIN (Reuters) – Friede Springer, heiress to German tycoon Axel Springer’s media empire, designated Chief Executive Mathias Doepfner as her successor on Wednesday as she gifted, sold and transferred the right to vote her stake in the business to him. The living bequest marks the latest dynastic […]