News

NEW YORK, April 5 (Reuters) - Soaring crypto-currency prices last year are estimated to result in U.S. tax liabilities of $25 billion, adding further selling pressure to these assets in the short term, according to a research note by Fundstrat Global Advisers on Thursday.

UK cyber security group steadily adds customers and expands market share since IPO

NEW YORK, April 5 (Reuters) - JPMorgan Chase & Co, Amazon.com Inc., and Berkshire Hathaway will focus on the biggest health issues threatening the U.S. economy in their new joint venture, including aligning healthcare payments with employee health and addressing chronic diseases, CEO Jamie Dimon said in his annual letter...

April 5 (Reuters) - U.S. fashion footwear company Nine West Holdings Inc intends to file for bankruptcy as soon as this week with a plan to sell the intellectual property of its flagship brand to Authentic Brands Group LLC, people familiar with the matter said on Thursday.

April 5 (Reuters) - Wells Fargo & Co is planning to integrate its corporate and investment bank in an effort to reduce costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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* Morch to be released from his duties as soon as possible (adds Danske Bank chairman comments)

LAGOS, April 5 (Reuters) - Nigerian conglomerate UAC plans to raise 20 billion ($65.4 million) naira this year through a bond sale to refinance short-term borrowings at its real estate subsidiary, where losses have widened, group CEO Abdul Bello said on Thursday.

WARSAW, April 5 (Reuters) - France's BNP Paribas is expected to seal a deal to buy Raiffeisen Bank International's Polish arm in the next few days once last-minute negotiations over the price are settled, two banking sources said on Thursday.

BOSTON, April 5 (Reuters) - Top asset manager BlackRock Inc on Thursday said it will offer new investment strategies and ETFs that exclude civilian firearms producers and retailers, following through on plans it outlined last month to study such products in the wake of a high school massacre in Florida.

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NEW YORK, April 5 (Reuters) - Thirteen big mutual fund firms, including BlackRock, T Rowe Price and Vanguard, will soon give retail investors a new tool to assess whether they are getting their money's worth for the higher fees often charged by actively managed stock funds.