Vivendi plans to distribute 60% of UMG capital to shareholders, list it by year-end

© Reuters. FILE PHOTO: French media giant Vivendi’s logo in Paris By Dominique Vidalon PARIS (Reuters) – Vivendi (OTC:) said on Saturday it planned to distribute 60% of Universal Music’s capital to investors, subject to shareholder approval, and aimed to list its most-prized asset, home to singers such as Lady Gaga and Taylor Swift, by […]

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EU planning tougher regulation for ‘hit list’ of big tech firms: FT

© Reuters. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels (Reuters) – European Union regulators are making a ‘hit list’ of up to 20 large internet companies, potentially including Facebook (O:), Apple (O:), Amazon (O:) and Alphabet’s (O:) Google, that will be facing new and tougher rules aimed at curbing […]

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China urges local companies to list in London in renewed global push: sources

© Reuters. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain By Abhinav Ramnarayan, Julie Zhu and Michelle Price LONDON/HONG KONG/WASHINGTON (Reuters) – China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock […]

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MUFG puts oil sands, Arctic drilling on ‘restricted transactions’ list

© Reuters. FILE PHOTO: A man walks past a signboard of Mitsubishi UFJ Financial Group and MUFG Bank at its headquarters in Tokyo By Aaron Sheldrick TOKYO (Reuters) – Mitsubishi UFJ (NYSE:) Financial Group (T:) said on Wednesday it has put oil sands extraction and drilling for and gas in the Arctic on its “restricted […]

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China preparing list of retaliatory tariffs on U.S. imports: Global Times

2/2© Reuters. Containers are seen at the port in San Pedro, California2/2 BEIJING (Reuters) – China will soon announce a list of retaliatory tariffs on United States exports to China to counter an expected announcement from the United States of proposed new tariffs on Chinese imports, the Global Times said Wednesday. The Chinese list will […]

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