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17 May, 2022
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Category: Business

Departing U.S. FCC chair warns of threats to telecoms from China

January 29, 2021January 23, 2021 l2opticscom

Outgoing U.S. Federal Communications Commission (FCC) chairman Ajit Pai said potential Chinese espionage and threats to U.S. telecommunications networks and internet freedom are the biggest national security issue that regulators will face in the next four years. Ajit Pai said Read more

Business

Analysis: Jack Ma’s reappearance fails to soothe all investor concerns about regulatory crackdown

January 28, 2021January 23, 2021 l2opticscom

Billionaire Jack Ma’s 50-second video reappearance has done little to resolve Alibaba Group’s troubled relationship with regulators that is making some investors hesitate about owning the Chinese e-commerce giant’s stock. Relief at Ma’s first public appearance added $58 billion in Read more

Business

Entain names Jette Nygaard-Andersen CEO after rejecting MGM deal

January 27, 2021January 23, 2021 l2opticscom

Ladbrokes owner Entain named non-executive director and industry veteran Jette Nygaard-Andersen as its chief executive officer on Thursday, making her the first woman to lead a UK gambling company. Outgoing CEO Shay Segev announced his intention to quit, to take Read more

Business

European firms improve diversity scores in pandemic year, study finds

January 26, 2021January 23, 2021 l2opticscom

The number of major European companies with high participation of women in leadership positions has doubled over the past year, but there was less progress on top jobs, a study by a EU-sponsored non-profit organization showed on Thursday. Brussels-based association Read more

Business

Britain’s IG to buy tastytrade for $1 billion in U.S. foray

January 25, 2021January 23, 2021 l2opticscom

Britain’s IG said it plans to buy U.S. trading platform tastytrade for $1 billion, venturing into North America after a stellar year for the new breed of retail investment brokerages. Coronavirus-driven volatility has fuelled a surge in revenue and profit Read more

Business

Asset manager Nuveen exits sanctions-hit Chinese companies

January 24, 2021January 23, 2021 l2opticscom

Nuveen, the $1.1 trillion asset management arm of TIAA, has sold out of its holdings in the Chinese companies that will be barred to U.S. investors by recent sanctions. The disposals come as U.S. investors scramble to exit stocks subject Read more

Business

Starboard seeks to take control of Corteva board, oust CEO

January 23, 2021January 23, 2021 l2opticscom

Starboard LP is planning to take control of agricultural company Corteva Inc’s board and replace its Chief Executive Officer Jim Collins, the Wall Street Journal reported late on Wednesday, citing people familiar with the matter. The activist investor has privately Read more

Business

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