Morning News Call US

Total Page:16

File Type:pdf, Size:1020Kb

Morning News Call US MORNING NEWS CALL Powered by Re uters U.S. Edition 'lllurodoy. 18,. 2021 TOP NEWS • Minutes highlight a Fed split over labor market, bond-buying taper Federal Reserve officials felt their employment benchmark for decreasing support for the economy "could be reached this year," but appeared to disagree on other key aspects of where monetary policy should turn next in the transition from the pandemic crisis, according to minutes from last month's policy meeting. • Goldman Sachs to buy Dutch asset manager NNIP for around $2 billion Goldman Sachs said it will buy Dutch insurer NN Group's asset management arm for around $1.98 billion in the biggest acquisition by the U.S. company since David Solomon became chief executive in 2018. • U.S. states rush to meet deadline to join $26 billion opioid settlement U.S. states are racing to meet a deadline to commit to a $26 billion opioid settlement with three drug distributors and the drugmaker Johnson & Johnson, as some grapple with local resistance and concerns the amount isn't big enough to address the damage done by an epidemic of addiction. • Estee Lauder tops quarterly sales estimates as demand for makeup rebounds Estee Lauder beat market estimates for quarterly sales, as the cosmetics maker benefited from a rebound in demand for makeup products after Americans started venturing out following the easing of coronavirus restrictions. • Three U.S. senators urge more Taiwanese help on automotive chip shortage A trio of Democratic U.S. senators has asked the Taiwanese government for more help to address an ongoing chip shortage that has left numerous American auto production lines standing idle at times, according to a letter reviewed by Reuters. BEFORE THE BELL U.S. stock index futures and European equities fell, as minutes from the Fed's July meeting showed tapering of its massive stimulus is possible this year. Japan's Nikkei closed lower following a report that Toyota plans to slash its global output, while Chinese shares ended down, dragged by consumer staples and financial stocks. The dollar rose, while gold prices were little changed. Oil dropped to its lowest in about three months, pressured by concerns about weaker demand as COVID-19 cases rise globally. U.S. jobless claims data is scheduled for release later in the day. REFINITIV" DATA IS .JUST I ~ 1 TH: 3EGINNlt--G '- MORNING NEWS CALL - U.S. EDITION Au ust 19, 2021 STOCKS TO WATCH Results • Cisco Systems Inc: The company's first-quarter profit forecast fell short of estimates on Wednesday, with the network gear maker warning that supply chain issues would continue to drive up component costs and delivery backlogs. It expects first-quarter revenue to grow 7.5% to 9.5% year-over-year, while Wall Street expects it to rise about 7.6%. However, Cisco edged past fourth-quarter revenue and profit estimates, helped by more people using its videoconferencing platform Webex, virtual private network AnyConnect and cybersecurity products as offices adapt to hybrid work. • Estee Lauder Companies Inc: The company beat market estimates for quarterly sales, as the cosmetics maker benefited from a rebound in demand for makeup products after Americans started venturing out following the easing of coronavirus restrictions. Sales in its makeup division surged 76% on a reported basis to $960 million in the fourth quarter, marking a return to growth for the first time in more than a year. Net sales rose to $3.94 billion in the fourth quarter, from $2.43 billion a year earlier. Analysts had expected net sales of $3.75 billion, according to IBES data from Refinitiv. • Nvidia Corp: The company on Wednesday said talks with regulators to clear its $40 billion proposed acquisition of British semiconductor technology firm Arm are taking longer than expected. The disclosure came as Nvidia forecast third-quarter revenue above Wall Street expectations on Wednesday as it benefits from a boom in demand. The company estimated current-quarter revenue at $6.80 billion, plus or minus 2%. Analysts on average had expected $6.53 billion, according to IBES data from Refinitiv. Nvidia also beat expectations for second-quarter revenue with a 68% rise to $6.51 billion. The company said second-quarter adjusted profit was $1.04 per share, versus estimates of $1.01 per share, according to Refinitiv data. • Robinhood Markets Inc: The company expects retail investors to become less active in the third quarter, after frantic trading in crypto currencies helped more than double its revenue, the online brokerage said in its first earnings report as a public company. Robinhood posted net revenue of $565 million for the second quarter compared with $244 million a year earlier. That 131% gain is above the mean analyst estimate of $521.8 million, according to Refinitiv IBES. Monthly active users increased 109% to 21.3 million, compared to 10.2 million in the second quarter of 2020, while assets under custody increased 205% to $102 billion, compared with $33 billion a year before. • Tapestry Inc: The Coach handbag maker beat quarterly sales estimates, as a vaccine-aided reopening of economies boosted demand for designer apparel and purses. Net sales rose to $1.62 billion in the fourth quarter from $714.8 million a year earlier, topping analysts' average estimate of $1.56 billion, according to IBES data from Refinitiv. The luxury brand plans to return over $750 million to shareholders in fiscal year 2022 by reinstating its dividend and share buyback program. Deals Of The Day • Goldman Sachs Group Inc: The company said it will buy Dutch insurer NN Group's asset management arm for $1.98 billion in the biggest acquisition by the U.S. company since David Solomon became chief executive in 2018. The deal is part of Solomon’s strategy to make the bank’s revenue stream less reliant on earnings from trading and advising on deals. NNIP, or NN Investment Partners, has $335 billion in assets under management, and the acquisition will double the total that Goldman Sachs manages in Europe to more than $600 billion. As part of the deal, NN Group has committed to leave its $190 billion portfolio of insurance assets under NNIP management after it joins Goldman. In Other News • Alphabet Inc: A Moscow court fined Google 6 million roubles for failing to delete content that Russia deems illegal, the second such penalty to be imposed on the U.S. tech giant in less than a week. Amid a wider standoff with Big Tech, Russia has hit Google and other companies with a series of small fines in the past year, some REFI N ITIV'" DATA IS JUST 2 THE BEGINNING ~ MORNING NEWS CALL - U.S. EDITION Au ust 19, 2021 concerning banned content and others for failing to localise user data on Russian territory. The Tagansky District Court in Moscow said Google had been handed three administrative fines of 2 million roubles each. Google confirmed the fines, but offered no further comment. • AmerisourceBergen Corp, Cardinal Health Inc, Johnson & Johnson & McKesson Corp: U.S. states are racing to meet a deadline to commit to a $26 billion opioid settlement with three drug distributors and the drugmaker Johnson & Johnson, as some grapple with local resistance and concerns the amount isn't big enough to address the damage done by an epidemic of addiction. Fourteen state attorneys general unveiled the proposed settlement with McKesson, AmerisourceBergen, Cardinal Health and J&J on July 21, kicking off a months-long process for states, counties and cities to sign on. By Saturday, states must decide whether to join settlements that call for the distributors to pay $21 billion and J&J to pay $5 billion, money meant to help fund treatment and other services. The settlement's complex formula envisions at least 44 states participating, but ultimately the companies decide whether a "critical mass" have joined and whether to finalize the deal. • Apple Inc: More than 90 policy and rights groups around the world published an open letter urging Apple to abandon plans for scanning children’s messages for nudity and the phones of adults for images of child sex abuse. "Though these capabilities are intended to protect children and to reduce the spread of child sexual abuse material, we are concerned that they will be used to censor protected speech, threaten the privacy and security of people around the world, and have disastrous consequences for many children," the groups wrote in the letter, which was first reported by Reuters. • Baidu Inc: the company has raised $1 billion in a two-tranche U.S. dollar sustainability bond, negotiating better- than-expected terms amid strong demand and despite concerns about China's regulatory clampdown on the tech sector. Its 5.5-year tranche bond raised $300 million and the 10-year tranche secured $700 million, a company statement said. It was the first major debt fundraising by a Chinese tech firm since the latest onslaught of regulatory actions that began in July, and its success should give other issuers confidence there is still significant global investor interest in Chinese deals, bankers said. • ConocoPhillips: A federal judge on Wednesday reversed the U.S. government's approval of the company' planned $6 billion Willow oil development in Alaska, citing problems with its environmental analysis, according to court documents. In her order, Alaska District Court Judge Sharon Gleason said she was vacating the U.S. Bureau of Land Management's approval of the development in part because the agency failed to include greenhouse gas emissions from foreign oil consumption in its environmental analysis. It also "failed to adequately analyze a reasonable range of alternatives" for the project, she wrote.
Recommended publications
  • Refinitiv UK Parent Limited
    DocuSign Envelope ID: 03AE1696-6072-4AFF-8189-06C441DF1ED5 Registration number: 11273092 Refinitiv UK Parent Limited Annual Report and Financial Statements for the Year Ended 31 December 2019 DocuSign Envelope ID: 03AE1696-6072-4AFF-8189-06C441DF1ED5 Refinitiv UK Parent Limited Contents Strategic Report 1 to 3 Directors' Report 4 to 7 Independent Auditor's Report 8 to 13 Profit and Loss Account 14 Statement of Financial Position 15 Statement of Changes in Equity 16 Notes to the Financial Statements 17 to 39 DocuSign Envelope ID: 03AE1696-6072-4AFF-8189-06C441DF1ED5 Refinitiv UK Parent Limited Strategic Report for the Year Ended 31 December 2019 The directors present their strategic report and the audited financial statement for the financial year ended 31 December 2019. Definitions As used in this annual report, the "Group" and "Refinitiv" refers to the Refinitiv Holdings Limited and its subsidiary undertakings, including joint ventures and associates. The "Company" refers to Refinitiv UK Parent Limited. Fair review of the business The principal activity of the Company is to act as a holding company and as a group treasury company. The Company was incorporated on 23 March 2018 and comparative numbers for the previous year have been presented accordingly. The loss for the financial period amounted to $161,960,000 (2018: $32,410,000). As at 31 December 2019, the Company has a net asset position of $2,589,659,000 (2018: $2,701,767,000). Principal risks and uncertainties As a holding company, the principal risks and uncertainties are limited to its investment portfolio. The Company may be required to take future impairment charges that would reduce the reported assets and earnings as a result of realising the underlying assets.
    [Show full text]
  • Instructions for Refinitiv Bill to Legal Entity Changes
    The Financial and Risk business of Thomson Reuters is now Refinitiv refinitiv.com Instructions for Refinitiv Bill to Legal Entity Changes The Refinitiv Bill to Legal Entity file details up-to-date information relating to supplier invoice submission , such as Legal Entity name, Bill To/Registered Address, tax registration numbers, mailing addresses(where invoices are submitted in hard copy ) and e-mail ids for electronic submission of invoices. The file also highlights any legal entity names, calling out both the old and the new legal entity names along with the date on which the name change becomes effective. Note: This is a dynamic document with updates made on a weekly basis, where required, till all changes have been finalized. Please therefore continue to refer to this portal to confirm and check invoice submission protocols Guidelines to be followed while referring to the Document: 1. The file provides country-wise-legal entity names- old names(where the invoices used to be addressed) to Vs new legal entity name(where the invoices should be billed to going forward) 2. Bill to Registered address- The address which needs to be printed on the invoice along with the Legal Entity name 3. Tax Registration number- This is mandatory information to be printed on the invoices for all VAT applicable countries. 4. Invoice mailing address- This is the physical mailing address and should be used only where hard copy requirement is mandatory for invoice submission. The vendors are requested not to send physical invoices where Soft Copy requirements apply- Refer column Hard copy/Soft Copy for more details.
    [Show full text]
  • Weltweit Auf Schnäppchenjagd
    DAS MAGAZIN FÜR WIRTSCHAFT, POLITIK & INVESTMENTPRODUKTE GLOBALE AKTIENFONDS Weltweit auf 5,90 Euro | 2020 2020 / Schnäppchenjagd Ausgabe 10 Ausgabe | Satte Gewinne Wie Fondsmanager die Branchenrotation an den Börsen nützen. 4profit Verlag GmbH, Rotenturmstraße 12, 1010 Wien 12, 1010 GmbH, Rotenturmstraße Verlag 4profit | MZ 03Z035262 M MZ 03Z035262 | Inflation Warum man keine Angst vor stark steigenden Preisen haben muss. Österreichische Post AG Post Österreichische Digitalisierung Nachhaltigkeit Aktien-Tipp Setzen Sie mit speziellen Green Bonds und ESG- Aixtron überzeugt mit Fonds auf den weiter Anleihen erleben einen weit überlegenen High boomenden IT-Sektor! deutlichen Aufschwung. Tech-Anlagen. Finanzpolitik + Volkswirtschaft + Länder- und Branchenanalysen + Banking + Investmentfonds + Aktien + Immobilien + Rohstoffe + Blockchain + Alternative Investments + Versicherungen editorial Branchentrends er Covid-Virus grassiert wieder in Europa – die zweite Welle ist da. Auf der Landkarte, in der die Regionen mit hohen Infektionsraten D markiert sind, dominiert bereits wieder die Signalfarbe Rot. Gegen- seitige Reisewarnungen, Maskenpflicht und Lokalschließungen nehmen zu, kein Thema beherrscht unseren Alltag mehr als Corona und ändert immer stär- ker unsere Gewohnheiten. An den Finanzmärkten zucken die Kurse auf und ab, die Visibilität der Unternehmensentwicklungen ist gering. Laufend tickern Nachrichten über Massenentlassungen und Sparprogramme über den Mario Franzin, Bildschirm – eigentlich zum Fürchten. Chefredakteur GELD-Magazin Das ist
    [Show full text]
  • The State of Legal Innovation in Asia-Pacific
    FROM THE EDITORS This inaugural report was born of a common desire shared by SAL and the SMU School of Law to understand the phenomenon of legal technology and innovation – a phenomenon that has increasingly become the fixation of lawyers, technologists, regulators, and legal academics alike. In conceptualising what the report should cover, it quickly became apparent that focusing only on legal technology (“legaltech”) was too narrow a scope. Innovation, as the economist Joseph Schumpeter famously wrote, lies simply in “new combinations” of resources that either produce different things, or the same things by different methods. 1 Further, even with technology, the true machinery of the law is driven by people and institutions – by lawyers, courts, law schools, clients, students, knowledge engineers, technologists, and more. We therefore defined legal innovation broadly (and somewhat ambitiously) to cover five areas: technological innovation, regulatory innovation, innovations in the dispute resolution process, business innovation, and innovation in legal education. Chapter contributors were asked to respond to questions formulated along these five axes. Legal innovation has not traditionally been thought of so broadly. In academic literature at least, the phrase has more conventionally been associated with new laws and legal devices. One example is the invention of the poison pill in the 1980s.2 This innovation certainly reflects the ingenuity and creativity that lawyers have always had but does not take centre-stage in this report simply because our present focus is on innovation in the practice of law rather than in the law itself (overlaps exist). This report is not the first to study legal innovation this way.
    [Show full text]
  • THOMSON REUTERS CORPORATION (Translation of Registrant’S Name Into English)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2020 Commission File Number: 1-31349 THOMSON REUTERS CORPORATION (Translation of registrant’s name into English) 333 Bay Street, Suite 400 Toronto, Ontario M5H 2R2, Canada (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. THOMSON REUTERS CORPORATION (Registrant) By: /s/ Marc E. Gold Name: Marc E. Gold Title: Deputy Company Secretary Date: February 25, 2020 EXHIBIT INDEX Exhibit Number Description 99.1 News release dated February 25, 2020 – Thomson Reuters Reports Fourth-Quarter and Full-Year 2019 Results 99.2 News release dated February 25, 2020 – Steve Hasker Appointed President and CEO of Thomson Reuters Exhibit 99.1 Thomson Reuters Reports Fourth-Quarter and Full-Year 2019 Results TORONTO, February 25, 2020 – Thomson Reuters (TSX/NYSE: TRI) today reported results for the fourth quarter and full year ended December 31, 2019.
    [Show full text]
  • REFINITIV MEDIA PACK About Refinitiv
    REFINITIV MEDIA PACK About Refinitiv Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. On 1 October 2018, the Financial & Risk business of Thomson Reuters became Refinitiv following the closing of the partnership deal between Thomson Reuters and private equity funds managed by Blackstone, which own 55% of Refinitiv, with 45% remaining under Thomson Reuters ownership CEO: David Craig Turnover: over $6bn USD growing at c. 3%. Our DNA We have a rich 168 year legacy as the first ever fintech 1850 1858 1865 1964 1973 1980 1981 1989 1999 PIGEON CABLE TELEGRAPH STOCKMASTER MONITOR TRIARCH DEALING DEALING 2000 REUTERS 3000XTRA Paul Julius Reuter Cable from GB to Reuters first to Market prices carried Monitor Money Rates Launched Reuters Monitor Reuters launches used carrier pigeons U.S. laid, enabling report President from New York to Service launches, Trading Room Dealing Service Dealing 2000 enabling Private network links and the new Calais- Reuters to expand Lincoln London for delivery creating the first Architecture launches enabling FX automated to Reuters. Gives live Dover cable to its expertise in assassination by around Europe on electronic (Triarch) – our trades via video. Quite communication prices from global transmit stock market global currency telegraphing news Stockmaster marketplace first API literally the first social between traders and stock, commodity, quotations exchange to London machines for FX network their back office futures, derivative and bond markets as well as FX price makers.
    [Show full text]
  • THOMSON REUTERS CORPORATION (Translation of Registrant’S Name Into English)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2020 Commission File Number: 1-31349 THOMSON REUTERS CORPORATION (Translation of registrant’s name into English) 333 Bay Street, Suite 300 Toronto, Ontario M5H 2R2, Canada (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ The information contained in Exhibit 99.1, Exhibit 99.2 and Exhibit 101 of this Form 6-K is incorporated by reference into, or as additional exhibits to, as applicable, the registrant’s outstanding registration statements. Thomson Reuters Corporation is voluntarily furnishing certifications by its Chief Executive Officer and Chief Financial Officer pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 as Exhibits 99.3-99.6 of this Form 6-K. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. THOMSON REUTERS CORPORATION (Registrant) By: /s/ Marc E.
    [Show full text]
  • Declaration of David A. Rosenfeld Filed on Behalf of Robbins Geller
    Case 1:17-cv-05753-JGK Document 188 Filed 08/10/21 Page 1 of 9 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK x CARRIE SCHEUFELE, JEFFREY : Civil Action No. 1:17-cv-05753-JGK SCHEUFELE and NICHOLAS ORAM, : Individually and on Behalf of All Others : CLASS ACTION Similarly Situated, : : DECLARATION OF DAVID A. Plaintiffs, : ROSENFELD FILED ON BEHALF OF : ROBBINS GELLER RUDMAN & DOWD vs. : LLP IN SUPPORT OF APPLICATION FOR : AWARD OF ATTORNEYS’ FEES AND TABLEAU SOFTWARE, INC., CHRISTIAN : EXPENSES CHABOT, THOMAS WALKER, PATRICK : HANRAHAN and CHRISTOPHER STOLTE, : : Defendants. : x Case 1:17-cv-05753-JGK Document 188 Filed 08/10/21 Page 2 of 9 I, DAVID A. ROSENFELD, declare as follows: 1. I am a member of the firm of Robbins Geller Rudman & Dowd LLP (“Robbins Geller” or the “Firm”). I am submitting this declaration in support of my Firm’s application for an award of attorneys’ fees, expenses and charges (“expenses”) in connection with services rendered in the above-entitled action (the “Litigation”). 2. This Firm is Lead Counsel of record for Lead Plaintiff United Association National Pension Fund (formerly known as The Plumbers and Pipefitters National Pension Fund) and the Class herein. 3. The information in this declaration regarding the Firm’s time and expenses is taken from time and expense reports and supporting documentation prepared and/or maintained by the Firm in the ordinary course of business. I am the partner who oversaw and/or conducted the day-to- day activities in the Litigation and I reviewed these reports (and backup documentation where necessary or appropriate) in connection with the preparation of this declaration.
    [Show full text]
  • Bill to Legal Entity Details for Refinitiv
    Bill to Legal Entity Details for Refinitiv Invoice Mailing Address Old Bill to Legal Entity New Bill to Legal Entity Bill To - Registered Address (Where the physical invoice should be Country Tax Registration No. Hard Copy/Soft Copy DRC E-mail ID Name Name (To be printed on the invoice) sent ). Soft copy can be sent at DRC mailboxes mentioned in the last column No Change Reuters Limited - Algeria News REUTERS LTD ALGERIA, ATTN: Reuters Limited - Algeria (Supplier should Bureau Niveau C, Bureau 17, El ACCOUNTS PAYABLE, NIVEAU C, BUREAU Algeria Not VAT Registered Hard Copy [email protected] News Bureau continue to bill the Aurassi, Boulevard Frantz Fanon, 17, EL AURASSI BLD FRANTZ FANON, existing Legal Entity) Algeria ALGIERS - 16000 - ALGERIA REUTERS LTD ARGENTINA Reuters Limited - Argentina ATTN: ACCOUNTS PAYABLE No Change Branch AVENIDA EDUARDO PISO 24, 902, 902 C1106ACW Reuters Limited - (Supplier should Argentina CUIT 30-52536665-7 MADERO 942, Piso 25 AVENIDA EDUARDO MADERO 942 Hard Copy [email protected] Argentina Branch continue to bill the C1106ACW CIUDAD AUTONOMA C1106ACW CIUDAD AUTONOMA existing Legal Entity) BUENOS AIRES BUENOS AIRES Argentina Thomson Reuters (Markets) No Change THOMSON REUTERS (MARKETS) Thomson Reuters Australia Pty Ltd C/O TMF (Supplier should AUSTRALIA PTY LTD, ATTN: ACCOUNTS Australia (Markets) Australia Pty 70002834237 Corporate Services (Aust) Pty Ltd, Soft Copy [email protected] continue to bill the PAYABLE,LEVEL 10, 60 MARGARET Ltd Level 16, 201 Elizabeth Street, existing
    [Show full text]
  • Printmgr File
    Annual Report 2018 March 13, 2019 WorldReginfo - de1fe12c-eb8f-4da9-b2dc-6c628dcbd7a9 Thomson Reuters Annual Report 2018 Information in this annual report is provided as of March 1, 2019, unless otherwise indicated. Certain statements in this annual report are forward-looking. These forward-looking statements are based on certain assumptions and reflect our current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of the factors that could cause actual results to differ materially from current expectations are discussed in the “Risk Factors” section of this annual report as well as in materials that we from time to time file with, or furnish to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of the date of this annual report. Except as may be required by applicable law, we disclaim any intention or obligation to update or revise any forward-looking statements. The following terms in this annual report have the following meanings, unless otherwise indicated: Š “Thomson Reuters,” “we,” “us” and “our” each refers to Thomson Reuters Corporation and its consolidated subsidiaries, unless the context otherwise requires; Š “Woodbridge” refers to The Woodbridge Company Limited and other companies affiliated with it; and Š “$,” “US$” or “dollars” are to U.S. dollars. When we refer to our performance before the impact of foreign currency (or at “constant currency”), we mean that we apply the same foreign currency exchange rates to the financial results of the current and equivalent prior period.
    [Show full text]
  • Morning News Call Canada
    MORNING NEWS CALL Powered by Re uters Canada Edition Thursday, July 15, 2021 TOP NEWS • Insurer UnitedHealth raises 2021 profit view after results top estimates UnitedHealth Group beat quarterly profit estimates and raised its full-year earnings target, as the largest U.S. health insurer reported strong growth in its Optum unit that manages drug benefits. • Barrick's second-quarter gold output falls 5.4% Barrick Gold said second-quarter gold production fell 5.4% from the previous quarter, dented by planned maintenance shutdowns at Nevada Gold Mine in the United States and Pueblo Viejo in the Dominican Republic. • India's ban on Mastercard to hit banks' card operations, income -sources India's decision to ban Mastercard for non-compliance with data storage rules has unsettled the country's financial sector as it will disrupt banks' card offerings and hit revenues, payments and banking industry executives told Reuters. • EU watchdog rejects call to ban Facebook from processing WhatsApp user data A European Union privacy watchdog rejected a call by Germany's lead data protection regulator for an EU-wide ban on Facebook's processing of personal data from its WhatsApp subsidiary but told the social network's lead EU regulator in Ireland to investigate. • TSMC eyes expansion in U.S., Japan to meet sustained chip demand Taiwan Semiconductor Manufacturing Co signalled plans to build new factories in the United States and Japan, riding on a pandemic-led surge in demand for chips that power smartphones, laptops and cars. BEFORE THE BELL Canada’s main stock index futures fell as oil prices dipped on expected supply increase.
    [Show full text]
  • Bill to Legal Entity Details for Refinitiv
    The Financial & Risk Business of Thomson Reuters is now Refinitiv refinitiv.com Bill to Legal Entity Details for Refinitiv DRC E-mail ID Applicable only for : Invoice Mailing Address 1) Non PO invoices Old Bill to Legal Entity New Bill to Legal Entity Bill To - Registered Address (Where the physical invoice should be 2)PO invoices-where suppliers are not Country Tax Registration No. Hard Copy/Soft Copy Name Name (To be printed on the invoice) sent ). Soft copy can be sent at DRC allowed to submit invoices via mailboxes mentioned in the last column Ariba(non einvoicing countries) 3) Where hard copies are required per local statutory requirement No Change Reuters Limited - Algeria News REUTERS LTD ALGERIA, ATTN: Reuters Limited - Algeria (Supplier should Bureau Niveau C, Bureau 17, El ACCOUNTS PAYABLE, NIVEAU C, BUREAU Algeria Not VAT Registered Hard Copy [email protected] News Bureau continue to bill the Aurassi, Boulevard Frantz Fanon, 17, EL AURASSI BLD FRANTZ FANON, existing Legal Entity) Algeria ALGIERS - 16000 - ALGERIA REUTERS LTD ARGENTINA Reuters Limited - Argentina ATTN: ACCOUNTS PAYABLE No Change Branch AVENIDA EDUARDO PISO 24, 902, 902 C1106ACW Reuters Limited - (Supplier should Argentina CUIT 30-52536665-7 MADERO 942, Piso 25 AVENIDA EDUARDO MADERO 942 Hard Copy [email protected] Argentina Branch continue to bill the C1106ACW CIUDAD AUTONOMA C1106ACW CIUDAD AUTONOMA existing Legal Entity) BUENOS AIRES BUENOS AIRES Argentina Reuters Limited - Argentina REUTERS LTD ARGENTINA BRANCH Branch PISO 24, 902, 902
    [Show full text]