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BlackRock, Vanguard stand apart as U.S. funds suffer first annual outflows
(Reuters) - Passive products from BlackRock Inc, Vanguard Group and others were rare cash recipients last year as U.S. mutual and exchange-traded funds suffered $370 billion in net withdrawals, their ...
Syndicated Content Jan 17, 2023
Greenlight marks stellar 2022 on shorting tech stocks
(Reuters) - Hedge fund manager Greenlight Capital said on Tuesday its fund rallied 36.6% in 2022 in one of its best years ever, thanks to a profitable long book and shorting technology stocks. Big tec...
Syndicated Content Jan 17, 2023
Column-Bank of Japan shift exposes global bond cracks: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Japan risks pulling the rug from under the much-touted "year of the bond." Further changes to the Bank of Japan's yield curve control (YCC) policy could bri...
Syndicated Content Jan 17, 2023
U.S. asks court to reverse order banning airplane mask mandate to combat COVID
By David Shepardson WASHINGTON (Reuters) - The Justice Department on Tuesday asked an appeals court panel to reverse an April 2021 ruling that declared unlawful a government order requiring masks on a...
Syndicated Content Jan 17, 2023
Wall Street investment banking slammed, as execs hope for more confidence ahead
By Saeed Azhar, Carolina Mandl and Megan Davies NEW YORK (Reuters) - Wall Street banks showed deep falls in their investment banking businesses in the fourth quarter, prompting thousands of job cuts, ...
Syndicated Content Jan 17, 2023
White House: Will respond in ‘good faith’ to House Oversight inquiries over Biden classified docs
WASHINGTON (Reuters) - The White House on Tuesday said it will respond in "good faith" to inquiries from the House Oversight Committee over the improper storage of classified documents in President Jo...
Syndicated Content Jan 17, 2023
French city asks Madonna to lend it a painting lost in 1918
By Marine Strauss BRUSSELS (Reuters) - The mayor of Amiens, northern France, has asked Madonna to lend the city a 19th-century painting lost during World War One which it believes may be have been bou...
Syndicated Content Jan 17, 2023
Amazon will not cut jobs in Italy, unions say after meeting
MILAN (Reuters) - Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meeting with a company representative. Amazon.com Inc sa...
Syndicated Content Jan 17, 2023
KKR to buy S&P Global’s engineering solutions unit for $975 million
(Reuters) - Private equity giant KKR & Co will buy S&P Global's engineering solutions business for $975 million, the financial services provider said on Tuesday. The move comes months after S&P said i...
Syndicated Content Jan 17, 2023
J. Crew brand launches resale program, to offer vintage styles
(Reuters) - J. Crew Group said on Tuesday it has launched a new resale program exclusive to its eponymous brand, which will offer vintage and used styles online and in select J. Crew stores. Under the...
Syndicated Content Jan 17, 2023
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