Exclusive: Brands blast Twitter for ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda and chemicals company Ecolab have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions are appearing alongside tweets soliciting child pornography, the companies told Reuters. Ads for at least 30 brands, ranging from Walt Disney Co (DIS.N)Comcast Corp’s (CMCSA.O) … Read more

Pakistan finance minister known for propping up rupee in earlier stints

ISLAMABAD, Sept 28 (Reuters) – Ishaq Dar, Pakistan’s new finance minister, has strongly favored intervention in currency markets in three previous stints in the job, but faces a nation in economic crisis this time and the conditions of an International Monetary Fund (IMF ) programme. Dar, a seasoned politician and chartered accountant, was sworn in … Read more

Margining solution of the year: S&P Global Market Intelligence

S&P Global Market Intelligence, following its merger with IHS Markit, wins this year’s margining solution for its comprehensive margin ecosystem across the entire collateral management cycle, from accurately calculating initial margin (IM) and setting margin calls to manage disputes and data. The merger has enabled the US company to add portfolios to pricing offerings to … Read more

EXCLUSIVE US seeks allies as split emerges over global plastics pollution treaty

WASHINGTON DC, Sept 27 (Reuters) – The United States is seeking to form a coalition of countries to drive negotiations on a global plastic pollution treaty, weeks after a similar group involving several other G7 nations was launched, according to a document seen by Reuters . The move underlines its desire to keep the treaty’s … Read more

Morning Bid: Eye of the storm

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Mike Dolan. As Hurricane Ian raged and set its sights on Cuba and Florida, a global financial storm in bond and currency markets calmed moderately – though likely only temporarily. Ian strengthened into a … Read more

Market data vendor of the year: Ice Data Services

Financial firms need a market data provider that offers end-to-end solutions for information, analytics, index services, connectivity and data tools for global markets across asset classes. Ice Data Services is in a unique position as a market data provider, as well as an exchange. Today it serves some of Asia’s biggest banks, insurers, asset managers … Read more

Kwarteng faces massive market turmoil after disastrous day for sterling

K wasi Kwarteng is contending with massive market turmoil sparked by his tax-cutting mini-budget as a disastrous day for the pound saw Labor take its biggest poll lead over Tories for more than 20 years. The Treasury moved to settle the markets with the promise of a Budget next spring as sterling tumbled to its … Read more

Japan warns against speculative yen moves, markets wary of further intervention

Japan’s Finance Minister Shunichi Suzuki speaks at a news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register Deeply concerned about rapid, one-sided moves – finmin … Read more

House of the year, China: CICC

Over the past 12 months strong adherence to sound risk management principles has been seen China International Capital Corporation (CICC) weather persistent market uncertainty better than many of its competitors. “Compared with our competitors we have a lot of advantages in this business,” says Chen Kang, equity department mainland China head. “We have a deep … Read more