Category Archives:
U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds
(Reuters) - The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for distressed market conditions, including a n...
Nov 02, 2022
Ukraine conflict, sanctions set to blow hole in Russia’s finances
By Darya Korsunskaya (Reuters) - The cost of Russia's military mobilisation and the impact of Western sanctions are set to blow a hole in the government's budget forecasts and drain Moscow's reserves ...
Nov 02, 2022
Google veteran launches ‘digital family office’ backed by Betsy Cohen, Eric Schmidt
By Hannah Lang (Reuters) - Arta Finance, a fintech that aims to replicate the family office experience for a wider audience through artificial intelligence, debuted on Wednesday with $90 million in fu...
Nov 02, 2022
U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on...
Nov 02, 2022
OPEC oil output falls by 20,000 bpd in October -Reuters survey
ABU DHABI (Reuters) - The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and September, according to...
Nov 02, 2022
Biden to give speech on democracy Wednesday on Capitol Hill -adviser
WASHINGTON (Reuters) - U.S. President Joe Biden will give a speech on democracy on Wednesday on Capitol Hill, White House deputy chief of staff Jen O'Malley Dillon said, a week before Nov. 8 congressi...
Nov 02, 2022
U.S. SEC obtained $6.4 billion from enforcement in fiscal 2022 -chair
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) obtained $6.4 billion from enforcement actions, including $4 billion in penalties, in fiscal 2022, the agency's chair Gary Gens...
Nov 02, 2022
BHP says Australia well placed to gain from EV metals push in U.S., Europe
SYDNEY (Reuters) - Australia is set to benefit from the growing interest in environmentally sustainable mining and minerals needed for decarbonisation, the chief of BHP Group's nickel operations said....
Nov 02, 2022
Data provider Alation valued at $1.7 billion after Thoma Bravo-backed fundraise
(Reuters) - Alation Inc raised $123 million in a late-stage funding round backed by private equity firm Thoma Bravo that valued the data intelligence platform at $1.7 billion, the company said on Wedn...
Nov 02, 2022
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) - The global chip industry is bracing for a downturn by reining in on investments for the year, in a stark contrast to initial 2022 predictions that pandemic-fueled demand would drive growth...
Nov 02, 2022
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