Kill quarterly reporting? Some investors ring alarm bells

NEW YORK (Reuters) – Less reporting by U.S. corporations could put shareholders in the dark, allow companies to drift off course and even make U.S. stocks less attractive and create less public company investment, some investors and analysts argue. FILE PHOTO: Traders and guests gather for the IPO of PermRock Royalty Trust on the floor of the New York Stock ...

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Germany reaches deal on sending back migrants to Greece

BERLIN (Reuters) – Germany has reached an agreement with Greece to send back migrants to the Mediterranean country if they have already applied for asylum there, the German Interior Ministry said on Friday. FILE PHOTO: Bavarian Police Officer controls cars at a temporarily checkpoint on the motorway between the Austrian and German border in Kirchdorf am Inn, Germany July 18, ...

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Pair charged with FGM of three-year-old girl

Image copyright Danny P Robinson Image caption The man, 42 and woman, 36, face five charges each – including possession of extreme pornographic images Two people have appeared in court charged with the female genital mutilation (FGM) of a three-year-old girl. The man, 42 and woman, 36, face five charges each – including possession of extreme pornographic images. The pair, ...

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Goldman faces U.K. probe over reporting practices: Bloomberg

(Reuters) – Goldman Sachs Group Inc (GS.N) is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter. FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in ...

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Worst floods in a century kill scores in India’s Kerala

KOCHI/BENGALURU, India (Reuters) – The worst floods in a century in the Indian state of Kerala have killed 164 people and forced more than 200,000 into relief camps, officials said on Friday, with the toll expected to rise as heavy rain pushes water levels higher still. As the southwestern coastal state’s chief minister sought military reinforcements to boost rescue efforts, ...

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‘I met my IS captor on a German street’

Image copyright Barham Ali/ Bas News Image caption “I never believed I would see something like this,” Ashwaq told the BBC A Yazidi teenager sold into slavery by Islamic State has told the BBC of her horror after she escaped to Germany, only to come face-to-face with her captor in the street. Ashwaq was only 14 when Islamic State fighters ...

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Trump backs CEOs, proposes easing corporate reporting rules

NEW YORK/WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said meetings with corporate executives prompted him to ask the U.S. Securities and Exchange Commission (SEC) to study letting public companies file financial reports every six months instead of every quarter. Half-yearly reporting would mark a huge change in U.S. disclosure requirements and put them in line with European Union ...

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