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Odey Asset Management tells investors ‘confident’ banks will continue to work with fund – letter
By Nell Mackenzie LONDON (Reuters) - Odey Asset Management "does not recognise the picture of the firm that has been painted" by allegations of sexual misconduct by Crispin Odey published by media on ...
Syndicated Content Jun 09, 2023
Trump faces federal charges in classified documents case, adding to legal woes
By Sarah N. Lynch WASHINGTON (Reuters) - Former U.S. President Donald Trump faces a new legal challenge - this time from the government he used to lead - with charges for illegally retaining classifie...
Syndicated Content Jun 09, 2023
Take Five: Skip, stop or go?
(Reuters) - It's a week of the central bank heavies with the U.S. Federal Reserve, European Central Bank and Bank of Japan meeting. The Fed is tipped to stop with rate hikes (for now), the ECB, to kee...
Syndicated Content Jun 09, 2023
China mutual fund sales dry up amid market gloom
By Summer Zhen and Samuel Shen HONG KONG (Reuters) - Money managers in China are struggling to lure retail investors, with fundraising by mutual funds in the first five months of the year hitting the ...
Syndicated Content Jun 09, 2023
Ex-minister urges Beijing to lead in setting global EV battery standards
BEIJING/SHANGHAI (Reuters) - China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other markets such as the U.S. and Europe in the rapidly growing i...
Syndicated Content Jun 09, 2023
Two giant rubber ducks debut in Hong Kong in bid to drive “double happiness”
HONG KONG (Reuters) - A pair of Rubber Ducks made a splash in Hong Kong's Victoria Harbour on Friday, part of an art installation dubbed "Double Ducks" by Dutch artist Florentijn Hofman, who says he h...
Syndicated Content Jun 09, 2023
Dassault Systemes targets a doubling of earnings per share by 2028
(Reuters) - French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and announced a new CEO. Dassault said it plans to reach non-IFRS EPS betw...
Syndicated Content Jun 09, 2023
How US stocks rose 20% from their lows, and where they might be going
By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. stocks have defied fears of a recession, a banking crisis and soaring Treasury yields to rise 20% from their October lows - one definition of a bull mark...
Syndicated Content Jun 09, 2023
Watched by IMF, Pakistan to present budget amid economic, political crises
ISLAMABAD (Reuters) - Pakistan's government will present its annual budget to parliament on Friday needing to satisfy the IMF to have any chance of securing the release or more bailout money, with the...
Syndicated Content Jun 08, 2023
Marketmind: Fresh lira low, focus on Fed
A look at the day ahead in European and global markets from Kevin Buckland Another day, another market-positive appointment from Turkish President Tayyip Erdogan, and yet, another record low for the l...
Syndicated Content Jun 08, 2023
Peoria, IL, USA
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