Category Archives:
BofA’s global fund manager survey shows stagflation and recession angst
By Marc Jones LONDON (Reuters) - A closely-watched survey of global investor views published on Tuesday showed a growing angst that recessions and stagflation episodes will be stalking the world econo...
Nov 15, 2022
Climate activists attack glass screen protecting Klimt painting in Vienna
VIENNA (Reuters) - Climate-change activists on Tuesday smeared and glued one of their hands to a glass screen protecting a Gustav Klimt painting in a Vienna museum to protest against oil drilling, on ...
Nov 15, 2022
Walmart expects smaller drop in annual profit, announces $20 billion share buyback
(Reuters) -Walmart Inc on Tuesday forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronics attract more inflation-hi...
Nov 15, 2022
Exclusive: Activist Impactive eyes proxy fight at Envestnet amid sluggish stock price
By Svea Herbst-Bayliss NEW YORK (Reuters) - An activist investor with a large stake in Envestnet Inc. plans to ask for board seats to push the financial technology company to improve its stock price b...
Nov 15, 2022
Scrooge Christmas averted as new tree found for Vatican
VATICAN CITY (Reuters) - It could have been a not so merry Christmas for the Vatican this year. In a sign of seasonal good will, the town of Agnone in the mountainous Molise region of central Italy ha...
Nov 15, 2022
Bain will buy Japanese apparel maker Mash Holdings for $1.44 billion
TOKYO (Reuters) - Private equity firm Bain Capital will acquire Mash Holdings for about 200 billion yen ($1.44 billion), a spokesperson for the Japanese apparel maker said. The Tokyo-based company wil...
Nov 15, 2022
Futures rise on U.S.-China talks, inflation data in focus
(Reuters) - U.S. stock index futures rose on Tuesday after a meeting between President Joe Biden and Chinese leader Xi Jinping in which they pledged more frequent communications, while investors await...
Nov 15, 2022
Designer labels for 15-year-olds? New generation splashes on luxury: Bain
By Mimosa Spencer PARIS (Reuters) - Luxury shoppers are getting younger and younger, forming a group that's expected to buoy growth in the sector in the coming years with purchases being made from the...
Nov 15, 2022
China hopes Spain can provide fair, transparent market treatment to Chinese firms – Xi
BEIJING (Reuters) - Chinese President Xi Jinping said on Tuesday China hopes Spain will give Chinese enterprises fair, transparent and non-discriminatory market treatment, state television CCTV report...
Nov 15, 2022
Canada’s Bitvo ends acquisition deal with bankrupt crypto exchange FTX
(Reuters) - Canadian crypto exchange Bitvo said on Tuesday it had terminated its deal to be bought by FTX, which filed for bankruptcy last week. Bitvo also said it had no material exposure to FTX or a...
Nov 15, 2022
Peoria, IL, USA
45 °F Overcast
