Bloomberg faces a new Wall Street challenger

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Bloomberg faces a new Wall Street challenger

Bloomberg and Thompson Reuters provide financial data and other services to bankers, investors and regulators. Other smaller companies … Bloomberg has long been the leading player in the financial data industry, leasing its “terminals” to investors for more than $20,000 a year. The machines offer
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Xerox Reaches Deal Ceding Control to Venture Partner Fujifilm

Xerox Corp. reached a deal with Fujifilm Holdings Corp. that would cede control of the American corporate giant to the Japanese company after pressure from activist investor Carl Icahn to shake up a venture operated by the two companies. The deal would combine Xerox, which has a market value of
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How cryptocurrencies split global central banks

Nine years since the birth of Bitcoin, central banks around the world are increasingly recognising the potential upsides – and downsides – of digital currencies.
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Warnings on Correction in Asia, Hong Kong Stocks Grow Louder

That's according to strategists across Wall Street, who say a pullback in Asian equities is imminent. Morgan Stanley is eyeing a “meaningful” dip in the Hang Seng Index within weeks, while Goldman Sachs Group Inc. says the MSCI AC Asia Pacific excluding Japan Index could drop more than 10 percent
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MPs seek answers from Steinhoff over accounting irregularities

Parliament's Standing Committees on Finance and Public Accounts and the Public Service and Administration oversight committee are to be briefed by Steinhoff representatives and other entities, including the Public Investment Corporation. Standing Committee on Finance chairperson Yunus Carrim
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