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Hedge funds drop European stocks for US and Japan, analysts say
By Nell Mackenzie LONDON (Reuters) - Hedge funds ditched European equities last week for stocks in the United States and Japan, client notes from JP Morgan, Morgan Stanley and Goldman Sachs show, as s...
Syndicated Content Jun 05, 2023
Surf Air Mobility reveals revenue jump in listing paperwork
(Corrects paragraph 1 to say unit's revenue rose nearly 72%, not company's revenue rose nearly 40%; corrects paragraph 2 to say unit Surf Air generated $20.27 mln in revenue, not the company) (Reuters...
Syndicated Content Jun 05, 2023
France to provide 2.9 billion euros in aid for new STMicro/GlobalFoundries factory
By Dominique Vidalon and Sudip Kar-Gupta PARIS (Reuters) - France said on Monday it will provide 2.9 billion euros ($3.10 billion) in state aid to help support an investment of 7.5 billion euros that ...
Syndicated Content Jun 05, 2023
Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports
(Reuters) - Richard Teng, Binance's head of regional markets outside the United States, is seen as the most likely candidate to succeed the cryptocurrency firm's chief executive officer, Changpeng "CZ...
Syndicated Content Jun 05, 2023
KKR to buy machinery maker Circor in $1.6 billion deal
(Reuters) - Private equity firm KKR & Co Inc said on Monday it will buy industrial machinery maker Circor International in a $1.6 billion deal. KKR said it will pay $49 a share, sending the shares of ...
Syndicated Content Jun 05, 2023
Tennessee AG probes asset managers over climate change policies
By Ross Kerber (Reuters) - Tennessee's top legal officer has demanded ten major asset managers provide information over how they seek to tackle climate change, as part of an investigation into potenti...
Syndicated Content Jun 05, 2023
Apple expected to reveal mixed-reality headset at developer conference
By Stephen Nellis CUPERTINO, California (Reuters) - Apple Inc is expected to unveil a mixed-reality headset at its annual software developer conference on Monday, its first big move into a new product...
Syndicated Content Jun 05, 2023
Futures subdued as investors weigh chances of rate pause
(Reuters) - Wall Street futures were subdued on Monday after a solid rally last week, as investors weighed the possibility of a pause in interest rate hikes by the Federal Reserve at its upcoming poli...
Syndicated Content Jun 05, 2023
Slump in global cashew demand pushes Ivory Coast industry to verge of collapse
By Ange Aboa KATIOLA, Ivory Coast (Reuters) - Drissa Dembele, a farmer and buyer of raw cashews, surveyed unshelled nuts he had spread out to dry on a tarpaulin in a dusty courtyard, unsure of when he...
Syndicated Content Jun 05, 2023
Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market
By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) - Elon Musk's brain implant startup Neuralink, which was valued at close to $2 billion in a private fundraising round two years ago, is now wort...
Syndicated Content Jun 05, 2023
Peoria, IL, USA
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