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India's NSE CEO says other business growth could curb weekly options' revenue share
National Stock Exchange of India's chief said on Friday that growth in its other businesses is likely to reduce the share of revenue generated by weekly options trading, as the country's largest bourse seeks a valuation of up to 4.42 trillion rupees ($46.26 billion) through its long-awaited IPO.
Canada's trade arsenal packs US political punch
To combat tariffs imposed by his country's hulking southern neighbor, Prime Minister Mark Carney is using asymmetric warfare. Retaliatory 15% to 50% duties hit only $20 bln of goods. Tight US elections in border states, however, turn the sums into a powerful super PAC of sorts.
Samsung Electronics America to reduce workforce by 739 in New Jersey, US WARN notice says
Samsung Electronics America is reducing its workforce by 739 in Englewood Cliffs, New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) reviewed by Reuters.
Cboe expects SK Hynix options to trade two business days after Nasdaq debut, source says
Derivatives exchange Cboe Global Markets expects to list options on SK Hynix's U.S.-listed shares two business days after the stock's trading debut, a source familiar with the matter told Reuters on Friday. The South Korean chipmaker, which raised $26.5 billion in share sale, is set to make its Wall Street entry later in the day. SK Hynix, which is valued at about $1.03 trillion based on its South Korea-listed shares, did not immediately respond to a Reuters request for comment.
Microsoft's quantum computing technology called into question, again
A new critique in the scientific journal Nature is raising fresh questions about Microsoft's claimed quantum computing breakthrough last year, which underpinned the company's announcement this month that it will have a working quantum system by 2029.
US to set up quarantine facility in Kenya for Americans exposed to Ebola, WSJ reports
The Trump administration is expected to deploy U.S. public health officers to Kenya to staff a potential quarantine facility there amid the Ebola outbreak in the Democratic Republic of Congo, the Wall Street Journal reported on Tuesday.
US Health Secretary Kennedy fires heads of key preventive health panel
US Health Secretary Robert F. Kennedy Jr. earlier this month fired the chair and vice chair of the influential task force that decides which preventive medical care is provided at no cost to patients.
Taming UK yields depends on economics not politics
Long-term government borrowing costs above 5% are higher than other developed economies and more sensitive to shocks. It’s tempting to blame political upheaval, but structural factors matter more. The solution is to shrink macroeconomic imbalances and revive capital markets.
PayPal to separate Venmo business, CNBC reports
PayPal's new CEO is making Venmo a separate business as part of a broader reorganization, according to a report by CNBC on Wednesday.
China's car sales extend declines in March
China's car sales fell for a sixth straight month in March, as rising fuel prices hit demand for gasoline models while electric vehicle sales still reeled from reduced incentives as the economic recovery is sputtering.
German club Borussia Dortmund parts ways with sports director Kehl
German football club Borussia Dortmund said on Sunday it is ending its collaboration with sports director Sebastian Kehl with immediate effect.
European corporate outlook dims slightly, still marred by global uncertainty
The outlook for European corporate health has slightly deteriorated, the latest forecasts showed on Thursday, as U.S. tariff respite is overshadowed by geopolitical tensions which are straining traditional Western alliances.