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News

20 Mar UPDATE 2-China names CBRC chief Guo as head of new banking, insurance regulator-Caixin

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BEIJING, March 21 (Reuters) - China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial publication Caixin reported on Wednesday without citing a direct source.

20 Mar UK wage growth accelerates, while unemployment rate slips

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20 Mar Pound rises after better than expected UK wage data

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20 Mar Cambridge academic claims to be ‘scapegoat’ in Facebook data scandal

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20 Mar CORRECTED-WRAPUP 6-Cambridge Analytica CEO claims influence on U.S. election, Facebook questioned

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LONDON/SAN FRANCISCO, March 20 (Reuters) - The suspended chief executive of Cambridge Analytica said in a secretly recorded video broadcast on Tuesday that his UK-based political consultancy's online campaign played a decisive role in U.S. President Donald Trump's 2016 election victory.

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20 Mar INSIGHT-A tale of two hotels: Italy’s bad loan sales hang in the balance

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MILAN/LONDON, March 21 (Reuters) - The Hotel Dei Dogi, a lagoon-side palazzo in Venice, will be renovated in the autumn for the first time in 20 years after a U.S. investment firm snapped up the debts of its family owners, confident of selling it and eight sister hotels at...

20 Mar Tricky trading in UK and France weighs on Screwfix-owner Kingfisher

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20 Mar UK competition watchdog clears GVC-Ladbrokes deal

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20 Mar UPDATE 1-Myanmar’s president resigns “to take rest from duties”

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YANGON, March 21 (Reuters) - Myanmar's civilian president, Htin Kyaw, has resigned with immediate effect "in order to take rest from the current duties and responsibilities", his office said in a statement posted on Facebook on Wednesday.