Investing.com -- German sportswear manufacturer Adidas (OTC:ADDYY) reported on Friday that an unauthorized external entity had accessed certain consumer data. The data breach was carried out through a third-party customer service provider. However, the company assured that neither passwords nor credit card details were compromised in the incident.Adidas stated that upon discovering the breach, imm ...
LONDON (Reuters) -Harvard University’s bonds, which are part of the Ivy League school’s $8.2 billion debt pile, struggled on Friday amid an increasingly fraught standoff with U.S. President Donald Trump’s administration. The university sued the administration over a move on Thursday to revoke its ability to enrol lucrative foreign students. Its bond prices have been falling sharply since Mar ...
LONDON (Reuters) -U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple (NASDAQ:AAPL) he may impose a 25% tariff on iPhones manufactured outside the U.S. Here is some reaction to the EU tariff news: VOLVO CARS CEO HAKAN SAMUELSSON IN AN INTERVIEW WITH REUTERS: ...
(Reuters) -Global equity funds have seen weekly outflows for the first time in six weeks, pressured by rising U.S. Treasury yields and mounting concerns over the U.S. debt burden and tax-cut legislation, following Moody’s downgrade of the U.S. sovereign credit rating. According to LSEG Lipper, global equity funds saw $9.4 billion in net outflows, a sharp reversal from more than $20 billion ...