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Category: SRN News

LSEG to buy Octus in $3.5 billion mega data analytics deal

Oct 22 (Reuters) – The London Stock Exchange Group on Thursday agreed to buy financial data firm Octus for about $3.54 billion, its biggest acquisition since the 2019 deal for Refinitiv as the group seeks to cement its stronghold in data and analytics. LSEG, which…

NBA roundup: Wolves’ Anthony Edwards puts up 45 to beat Giannis, Heat

By Field Level Media Oct 22 (Field Level Media) – Anthony Edwards scored 45 points as he and the visiting Minnesota Timberwolves spoiled Giannis Antetokounmpo’s debut with the Miami Heat in an emphatic 131-106 season-opening win Wednesday night. Edwards became just the third player in…

Norway’s wealth fund posts $30 billion loss in third quarter

OSLO, Oct 22 (Reuters) – Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, reported on Thursday a loss of 278 billion Norwegian crowns ($29.71 billion) for the third quarter, with a return of minus 0.5% on its global investments.  “The fund’s return was close…

France reports first human Shamonda virus case

PARIS, Oct 22 (Reuters) – French health authorities said they had detected the Shamonda virus usually affecting livestock in a human for the first time in a patient who later died, while adding that they saw no risk to the general population at this stage.…

Audi gets new China leadership to face bruising competition

(Corrects Zhang’s former role (CEO of Chery brand overseas, not group) BERLIN, Oct 22 (Reuters) – Volkswagen’s premium subsidiary Audi announced a shake-up in its China leadership on Thursday amid tough competition and falling sales in the world’s largest auto market. • Jeff Zhang, who most…

Barclays to cut 5,000 jobs this year

LONDON, Oct 22 (Reuters) – Barclays said on Thursday it was cutting around 5,000 jobs, or 5% of its workforce, this year, as it uses technology such as AI to reduce fixed costs and improve overall returns.  One thousand of the cuts are already done…

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