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NEX allows repo clearing in Europe ahead of Brexit

Nov 1 (Reuters) – London-based NEX Markets said on Thursday users of its BrokerTec Europe platform would be able to clear repo trades on Deutsche Boerse as it prepares for Britain’s exit from the European Union. The unit of NEX Group said clearing for repo, or repurchase agreements, on the German exchange’s Eurex Clearing would […]

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UPDATE 1-Mnangagwa says Australian firm finds oil, gas in Zimbabwe

(Adds details, quote) HARARE, Nov 1 (Reuters) – Zimbabwe’s President Emmerson Mnangagwa said on Thursday that Australia’s Invictus Energy had found oil and gas deposits in the northern Muzarabani area of the country. Invictus Energy has agreed to enter a production sharing arrangement with Zimbabwe once the project reaches commercial production, Mnangagwa said. “Government of […]

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U.S. charges financier, former Goldman bankers for 1MDB

NEW YORK (Reuters) – U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs Inc bankers and Malaysian financier Low Taek Jho tied to the Malaysia 1MDB sovereign wealth fund scandal. Men walk past a 1Malaysia Development Berhad (1MDB) billboard at the fund’s flagship Tun Razak Exchange development in Kuala Lumpur March 1, […]

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UPDATE 3-U.S. charges financier, former Goldman bankers for 1MDB

NEW YORK (Reuters) – U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs Inc bankers and Malaysian financier Low Taek Jho tied to the Malaysia 1MDB sovereign wealth fund scandal. Men walk past a 1Malaysia Development Berhad (1MDB) billboard at the fund’s flagship Tun Razak Exchange development in Kuala Lumpur March 1, […]

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UBS to introduce training, confidential hotline for sexual misconduct claims: memo

The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann LONDON (Reuters) – Swiss bank UBS (UBSG.S) will expand training for specialist staff investigating sexual misconduct claims, and introduce a confidential hotline to handle such allegations, according to an internal memo sent to staff and seen by Reuters on […]

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Trump says will meet China’s Xi as trade talks ‘move along’

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Thursday said trade discussions with China were “moving along nicely” and that he planned to meet with Chinese President Xi Jinping at the upcoming G-20 summit, after the two had a “very good” talk. U.S. President Donald Trump speaks during a campaign rally in Estero, Florida, U.S., […]

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UPDATE 3-Canada’s Encana widens N. America reach with $5.5 bln Newfield deal

(Reuters) – Canada’s Encana Corp will buy Newfield Exploration Co for $5.5 billion, giving the natural gas producer greater access to North America’s biggest oilfields. FILE PHOTO – Encana offices is pictured in Parachute, Colorado, U.S. on December 10, 2014. REUTERS/Jim Urquhart/File Photo Thursday’s all-stock deal will give Encana more acreage in United States’ Anadarko […]

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DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously […]

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Uber Eats launches its new platform for corporate accounts

Uber Eats is expanding to enterprise customers with the launch of Uber Eats for Business. The new service allows companies to manage their employees’ food orders and positions Uber Eats to compete more directly against rivals that already offer corporate accounts, including Deliveroo, GrubHub, and Foodpanda (in some markets). Uber Eats for Business is integrated […]

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A pair of new Bluetooth security flaws expose wireless access points to attack

Security researchers have found two severe vulnerabilities affecting several popular wireless access points, which — if exploited — could allow an attacker to compromise enterprise networks. The two bugs are found in Bluetooth Low Energy chips built by Texas Instruments, which networking device makers — like Aruba, Cisco and Meraki — use in their line-up […]