By Tim McLaughlinBOSTON (Reuters) - CEOs of the 10 largest U.S. utilities earned more than $115 million combined in a recent three-year period as demand for electricity from their power plants jumped substantially due to the burgeoning cryptocurrency and artificial intelligence sectors.At seven of the companies, CEO payouts were much larger than what the utilities estimated at the time of their st ...
(Repeats story issued on April 11 with no changes to text.)By Selena LiHONG KONG (Reuters) - China has been looking at allowing Western firms such as Citadel Securities and Jane Street to act as market makers in its rapidly growing exchange-traded fund (ETF) sector, two people with direct knowledge of the matter said.Over the last two years, Chinese authorities have issued more licences and encour ...
(Repeats story issued on April 11 with no changes to text.)SHANGHAI (Reuters) - Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensifying trade war with the United States. Two investor sources said a soft limit on daily net sales by individual hedge ...
Investing.com -- DN Solutions, a South Korean industrial tools manufacturer, began bookbuilding for an initial public offering (IPO) on Monday, which could raise up to 1.6 trillion won ($1.1 billion). According to the company’s filing, this could be the largest listing in the country in more than three years.The company plans to offer 17.5 million shares at a price range of 65,000 to 89,700 won ...