Analysis-Tumbling US dollar a boon to risk assets across the globe
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand …
assets
European assets jump after U.S. inflation slows
MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the …
Cash assets under management reach ‘monster $7.8tn’ – BofA
By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management …
EU leaders push to fund Ukraine with proceeds from Russia’s frozen assets
By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders will push senior officials on Thursday to find legal ways to funnel proceeds from billions of …
Honeywell to acquire heads-up display assets from Sweden’s Saab
(Reuters) – U.S. conglomerate Honeywell said on Wednesday it had agreed to acquire Swedish aerospace firm Saab’s heads-up display (HUD) assets to strengthen its avionics …
Sixth Street considers bidding for Bed Bath & Beyond assets – WSJ
(Reuters) – Bed Bath & Beyond’s lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer’s assets, the Wall Street …
Online retailer Overstock to buy some assets of Bed Bath & Beyond
(Reuters) – Overstock.com will buy certain assets of bankrupt home goods retailer Bed Bath & Beyond for $21.5 million, the online retailer said on Tuesday. …
Claims pursuing Citgo’s assets surpass $20 billion -supervisory board
HOUSTON/CARACAS (Reuters) – A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum’s assets surpass $20 billion, making it difficult for the Houston-based …
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK (Reuters) – U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued …
New York City public pension funds sued for selling fossil fuel assets
NEW YORK CITY, NY – According to a report by Bloomberg, public employees have sued three New York City pension funds for allegedly breaching their …
Buoyed by sale of small state assets, Ukraine eyes bigger sell-off
By Olena Harmash KYIV (Reuters) – Ukraine raised record proceeds from selling small state assets in the first quarter of this year despite Russia’s invasion …
Italy’s Treasury says freezes assets of Russian fugitive
MILAN (Reuters) – Italy’s Treasury said it has frozen the assets held in the country by Russian businessman Artem Uss, who dodged Italian authorities trying …
Deutsche Bank Russian profits leapt in 2022, even as assets dropped
(Reuters) – Deutsche Bank’s Russian subsidiary’s profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million), Russian audit documents showed, the …
Abrdn weighs split of private equity assets to draw fresh bids –source
By Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) – Abrdn is seeking to individually sell a batch of private equity businesses which collectively have …
Russia building reserves in assets the West can’t sanction – central bank chief
MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina said on Tuesday Russia is building its international reserves with assets that cannot be targeted by …
China-driven growth seen helping emerging assets despite bank worries
By Duncan Miriri LONDON (Reuters) – Stronger Chinese-led emerging markets growth will likely buffer the stocks, bonds and currencies of many developing nations as markets …
Analysis-Safe-havens and risk assets both rise as banking woes shift Fed expectations
By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, …
Russian retail investors file lawsuit over transfer of frozen assets
MOSCOW (Reuters) – More than 40 private investors have filed a Moscow lawsuit against three Russian banks – VTB, Alfa Bank and Rosselkhozbank – challenging …
Tucker Carlson Rips Lindsey Graham’s Suggestion To ‘Attack’ Russian Jets That Threaten US Assets
Tucker Carlson Rips Lindsey Graham’s Suggestion To ‘Attack’ Russian Jets That Threaten US Assets Harold Hutchison on March 15, 2023 Fox News host Tucker Carlson …
Michelin says now in talks with local player for purchase of its Russian assets
PARIS (Reuters) – French tyre maker Michelin has shelved plans to sell its Russian business to its local management and is now in discussions with …
Richard Rosenberg, former Bank of America chief who doubled its assets, dies
By Lananh Nguyen NEW YORK (Reuters) – Richard Rosenberg, the former Bank of America Corp chief executive who presided over a spree of acquisitions that …
FBI Shielded Identities Of Undercover Assets Who May Have Been Inside Capitol On Jan. 6, Whistleblower Says
FBI Shielded Identities Of Undercover Assets Who May Have Been Inside Capitol On Jan. 6, Whistleblower Says Katelynn Richardson on March 3, 2023 The FBI’s …
Analysis-Watch out risk assets, the rout in bonds is coming your way
By Dhara Ranasinghe, Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – The selling gripping the world’s biggest bond markets, on fears that stubbornly high inflation …
TPG in talks to buy $300 million Malaysian education assets from KV Asia -sources
By Yantoultra Ngui and Anshuman Daga SINGAPORE (Reuters) – U.S. private equity firm TPG is in advanced talks to buy Malaysian private education assets owned …
Swiss government: confiscation of Russian assets found unconstitutional
ZURICH (Reuters) – The confiscation of private Russian assets would undermine the Swiss constitution and the prevailing legal order, the Swiss government said on Wednesday, …
Analysis-The deep freeze over UK assets is thawing
By Naomi Rovnick LONDON (Reuters) – Britain’s stocks and bonds are drawing strong buying interest, not quite a vote of confidence in the economy but …
Chevron agrees to sell Myanmar assets and will exit country
By Sabrina Valle HOUSTON (Reuters) – U.S. oil major Chevron Corp on Friday said it had agreed to sell its assets in Myanmar to Canadian …
Analysis-Investors seek uncorrelated assets on worries volatility will return
By Laura Matthews (Reuters) – Concerns that last year’s wild swings in stocks and bonds will resurface in 2023 are boosting the appeal of investments …
Sanctioned oligarch accuses U.S. of stealing his assets, vows to fight in Russian court
By Alexander Marrow MOSCOW (Reuters) – Konstantin Malofeyev, a Russian businessman who is under U.S. sanctions, on Thursday accused the United States of trying to …
New Venezuela opposition leader confident U.S. will protect assets
By Corina Pons MADRID (Reuters) – The new president of Venezuela’s opposition legislature is confident the United States will back the body by continuing to …
Exclusive: Myanmar junta chief family assets found in Thai drug raid – document
By Panu Wongcha-um and Poppy McPherson BANGKOK (Reuters) – Thai officials found assets belonging to adult children of Myanmar’s junta leader during a raid on …
Venezuela owes over $20 million to law firms on guarding overseas assets
CARACAS (Reuters) – Venezuela owes $20.7 million to U.S. law firms handling litigation against creditors seeking to collect unpaid debts from bond defaults and nationalizations …
Pentagon Begins Process Of Scrubbing Confederate Names, Symbols From Military Assets
Pentagon Begins Process Of Scrubbing Confederate Names, Symbols From Military Assets Micaela Burrow on January 5, 2023 The Department of Defense (DOD) will officially begin …
Four Local 98 Employees Plead Guilty to Illegal Use of Union Assets
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Michael Neill, 56, Marita Crawford, 53, Niko Rodriguez, 31, and Brian Fiocca, 31, all of …
Luxembourg authorises some frozen Russian assets to be unblocked
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW (Reuters) – Luxembourg’s finance ministry on Tuesday …
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says
FTX’s ‘Unsophisticated’ Leaders Blew Billions On ‘Spending Binge’ For Overpriced Assets, CEO Says John Hugh DeMastri on December 13, 2022 Crpyto exchange FTX mishandled billions …
China putting U.S. space assets at risk, senior U.S. officer says
TAIPEI (Reuters) – China is building capabilities that put most U.S. space assets at risk, and China sees the domain as crucial to their military …
Celsius bankruptcy judge orders return of some crypto assets to customers
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, …
Crypto lender Genesis tells clients it is working to preserve their assets
LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, …
Russia’s Rosneft says net income hit by assets transfer in Germany
By Vladimir Soldatkin MOSCOW (Reuters) -Russian largest oil producer Rosneft said on Wednesday its nine-month profit was hit by the transfer of assets in Germany …
FTX says receiving interest from buyers for assets
(Reuters) – Cryptocurrency exchange FTX said on Tuesday it was receiving interest from potential buyers for its assets and would conduct process to reorganize or …
Infinity Q founder, once claiming $3 billion assets, pleads guilty to fraud
By Jonathan Stempel and Jody Godoy NEW YORK (Reuters) – The founder of Infinity Q Capital Management, a New York firm accused of inflating assets …
Exclusive-Evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources
By Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for …
Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says
MADRID (Reuters) – The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central …
Analysis-Investors face expensive quest for year-end cash and safe assets
By Yoruk Bahceli (Reuters) – As the most volatile period in years for traders draws to a close, the year-end dash for cash and high-quality …
Judge Freezes Alex Jones’ Assets, Orders Him To Pay $473 Million More To Sandy Hook Families
Judge Freezes Alex Jones’ Assets, Orders Him To Pay $473 Million More To Sandy Hook Families Trevor Schakohl on November 10, 2022 A judge froze …
DOJ Announces Largest Seizure Of Cryptocurrency Assets Ever
DOJ Announces Largest Seizure Of Cryptocurrency Assets Ever John Hugh DeMastri on November 7, 2022 The Department of Justice (DOJ) seized over $3.36 billion in …
China encourages administrative bodies to tap idle state assets
BEIJING (Reuters) – China’s finance ministry encourages administrative bodies to revitalise idle state-owned assets, including by market-based leasing or selling those assets as some were …
COSCO Shipping says to buy $2.7 billion port assets from parent, in $2.9 billion ship building deal
(Reuters) – COSCO Shipping Holdings Co Ltd said on Monday it has agreed to buy port assets from its parent for an aggregate 19.7 billion …
Kremlin says it may transfer assets in annexed Ukrainian regions to Russian companies
MOSCOW (Reuters) – The Kremlin on Wednesday said that assets in the four Ukrainian regions that Russia said it had annexed last month may in …