Category Archives:
Hedge fund Cinctive adds macro strategy, hires industry veteran Coppel
By Svea Herbst-Bayliss BOSTON (Reuters) - Hedge fund Cinctive Capital Management is expanding beyond its bread-and-butter stock trading and has hired former Brevan Howard trader Giles Coppel to lead a...
Apr 06, 2022
Harry Sloan, Jeff Sagansky scrap IPO plans for SPAC venture
(Reuters) - Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Wednesday filed to withdraw its U.S. initial public offering of up...
Apr 06, 2022
Instant View: March FOMC minutes – Balance sheet reduction could start in May
NEW YORK (Reuters) - Federal Reserve officials "generally agreed" last month to trim $60 billion per month from the U.S. central bank's Treasury holdings and $35 billion from its holdings of mortgage-...
Apr 06, 2022
U.S. Attorney General Garland tests positive for COVID
WASHINGTON (Reuters) - U.S. Attorney General Merrick Garland tested positive for COVID-19 on Wednesday afternoon after having earlier held a press conference with other top officials, the Justice Depa...
Apr 06, 2022
Fed likely to adopt phased-in $95 billion monthly balance sheet runoff
(Reuters) -Federal Reserve officials "generally agreed" to trim $60 billion per month from the U.S. central bank's Treasury holdings and $35 billion from its holdings of mortgage-backed securities, wi...
Apr 06, 2022
Amplats CEO says carmakers looking for palladium after Russia sanctions
By Helen Reid JOHANNESBURG (Reuters) - South Africa's Anglo American Platinum (Amplats) has received enquiries from manufacturers and carmakers seeking palladium in the wake of Western sanctions on to...
Apr 06, 2022
Exclusive: Canada to set up C$15 billion fund to attract more private investment – source
By Steve Scherer OTTAWA (Reuters) - Canada will earmark C$15 billion ($12 billion) over five years for a Growth Fund aimed at attracting private investment in new and green technologies, a senior gove...
Apr 06, 2022
Biden takes aim at Amazon as he touts unions at labor event
WASHINGTON (Reuters) - U.S. President Joe Biden took aim at online retailer Amazon.com Inc at a labor event on Wednesday after touting a new task force on worker organization "to make sure the choice ...
Apr 06, 2022
U.S. FBI says it foiled a cyberattack by Russian hackers
By Sarah N. Lynch WASHINGTON (Reuters) - The U.S. Federal Bureau of Investigation has wrested control of thousands of routers and firewall appliances away from Russian military hackers by hijacking th...
Apr 06, 2022
ECB’s Nagel says interest rates may soon go up
FRANKFURT (Reuters) - Inflation in the euro zone is high and the European Central Bank may soon need to raise interest rates as a result, Bundesbank President Joachim Nagel told broadcaster ARD's "plu...
Apr 06, 2022
Peoria, IL, USA
38 °F Partly cloudy
