Tag Archives: June

Bloomberg Coca-Cola Considers Options for $6 Billion Africa Unit (Bloomberg) — Coca-Cola Co. is weighing options for its bottling business in Africa, including a sale or initial public offering, according to people familiar with the matter.The soft drinks giant holds 66.5% of Coca-Cola Beverages Africa and is speaking with potential advisers about its exit options, the people said, asking not to be named as the details aren’t public. A sale or IPO of the stake could value the African… Source link

Bloomberg China’s Yuan Becomes Latest Victim of Treasury-Led Selloff (Bloomberg) — The Chinese yuan erased all its gains against the dollar this year, the latest to fall prey to the Treasury-led global market selloff.The onshore yuan weakened as much as 0.5%, falling past the 6.5283 per dollar level it closed at last year. At its January peak, it was up 1.6% from 2020 as the economy rebounded and investors poured money into the Chinese bond market.Optimism over a global recovery from the… Source link

Bloomberg Canada’s $373 Billion Fund Chooses Safety After CEO Resigns (Bloomberg) — Mark Machin’s big mistake got him drummed out of Canada’s national pension manager in a matter of hours. It’s a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the world of finance.John Graham was promoted to chief executive officer of the Canada Pension Plan Investment Board on Friday, putting him in charge of a $373 billion global portfolio… Source link

Come June 1, 2021, Google will change its storage policies for free accounts — and not for the better. Basically, if you’re on a free account and a semi-regular Google Photos user, get ready to pay up next year and subscribe to Google One. Currently, every free Google Account comes with 15 GB of online storage for all your Gmail, Drive and Photos needs. Email and the files you store in Drive already counted against those 15 GB, but come June 1, all Docs, Sheets, Slides, Drawings,… Source link

After five years of offering unlimited free photo backups at “high quality,” Google Photos will start charging for storage once more than 15 gigs on the account have been used. The change will happen on June 1st, 2021, and it comes with other Google Drive policy changes like counting Google Workspace documents and spreadsheets against the same cap. Google is also introducing a new policy of deleting data from inactive accounts that haven’t been logged in to for at least two years.

MOSCOW and AMSTERDAM, June 24, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX) today announced management will hold a conference call and webcast at 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) to discuss the transaction and Yandex.Market strategy. Conference Call Wednesday, June 24, 2020 8:00 a.m. U.S. Eastern Time (3:00 p.m. Moscow time, 1:00 p.m. London time) Webcast (recommended option to listen the call) Source link