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AT&T denies investors a dial-in as annual meeting goes online
By Ross Kerber BOSTON (Reuters) – Activist investors say telecommunications pioneer AT&T Inc will not take their calls for its upcoming annual meeting, reinforcing their concerns that the shift of the gathering to cyberspace due to the COVID-19 pandemic would restrict shareholder input. The activists, including a retired AT&T <T.N> employee and a high-profile private […]
China plans major infrastructure investments in 2020: state media
BEIJING (Reuters) – China plans 800 billion yuan ($114.38 billion) in railway investment, 1.8 trillion yuan in highway and waterway investment and 90 billion yuan in civil aviation investment in 2020, state radio said on Thursday citing Minister of Transport Li Xiaopeng as saying. ($1 = 6.9940 Chinese yuan) (Reporting by Beijing Monitoring Desk; Editing […]
New ECB appointee Schnabel to oversee money-printing program
FRANKFURT (Reuters) – Germany’s new appointee to the European Central Bank’s board, Isabel Schnabel, has been given responsibility over the ECB’s market operations, which includes running its vast money-printing program, it said. Under the same portfolio reshuffle published on the ECB’s website, its other new board member, Italy’s Fabio Panetta, will represent the central bank […]