Analysis: Remittance firms slow to add bitcoin, despite El Salvador move
El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.
EXCLUSIVE Toshiba’s No.2 shareholder calls for immediate resignation of board chair, 3 directors
Toshiba Corp’s (6502.T) second-biggest shareholder on Sunday demanded the board chairman and three other directors immediately resign after an investigation found the company had colluded with the Japanese government to pressure foreign investors.
Mexican auto parts lobby sees chip supply crunch over by December
Mexico’s main autopart association INA forecasts that the severe semiconductor chip shortage that has slammed the brakes on the global auto industry will subside in July and return to normal by the end of this year.
Analysis: Remittance firms slow to add bitcoin, despite El Salvador move
El Salvador may be touting bitcoin’s use to help its citizens living abroad send funds back home, but the biggest remittance firms are cautious about offering cryptocurrency services.
EXCLUSIVE Exxon losing veteran oil traders recruited to beef up profit -sources
Exxon Mobil Corp (XOM.N) has lost two top crude oil traders from its U.S. energy trading group, according to people familiar with the matter, in a continued exodus from the group.
Wall Street flat with Fed meet in focus
U.S. stock indexeswere flat on Friday as focus turned to next week’s Federal Reserve meeting, while technology and growth- exposed sectors gained after inflation data calmed fears over a long-term spike in consumer prices.
GameStop lures Amazon talent with grand plans and no frills
GameStop Corp (GME.N) Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc’s (AMZN.O) Australia chief Matt Furlong as chief executive, according to people familiar with the process.
EXCLUSIVE Biden considers giving refiners relief from U.S. biofuel laws, sources say
President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates, three sources familiar with the matter said.
Analysis: Push to end pandemic benefits may not be panacea for U.S. labor shortage
The 25 U.S. states calling an early halt to pandemic-related federal unemployment benefits have recovered more of the jobs lost during the crisis than other states, possibly limiting how much of a dent ending the weekly $300 payments will make in the national battle to fill record job vacancies.
Aon’s $30 bln Willis bid set for EU okay in late June, early July – sources
Insurance broker Aon’s (AON.N) $30 billion bid for Willis Towers Watson (WLTW.O), the biggest ever in the sector, is expected to get the EU antitrust green light later this month or in early July, people familiar with the matter said.
