WASHINGTON (Reuters) – U.S. manufacturing contracted further in December, though the pace of decline slowed amid a modest rebound in production and improvement in factory employment. The Institute for Supply …
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LONDON (Reuters) – Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock said on Wednesday, as investors were lured in by …
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Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment said on Wednesday. Investors removed …
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Ackman’s hedge fund Pershing Square gains 26.7% in 2023 – investor update
by Reutersby ReutersNEW YORK (Reuters) -Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader stock market gains and bouncing back from a loss in …
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LONDON (Reuters) – British business leaders have turned more pessimistic about the outlook for the country’s economy and they are holding back on investment decisions, according to a survey published …
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HONG KONG (Reuters) – U.S.-based AllianceBernstein Holding LP has obtained a license to run its wholly-owned mutual fund business in China, the company said on Tuesday, making it the latest …
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By Nell Mackenzie LONDON (Reuters) – D.E. Shaw’s largest hedge fund posted a nearly 10% return in 2023 after fees, after a mixed performance across multi strategy and macroeconomic hedge …
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LONDON (Reuters) – Prices charged by British store chains rose at the joint slowest pace in a year and a half in December, an industry group said on Tuesday. The …
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China’s state-owned developers dominate sales, land markets in 2023 – surveys
by Reutersby ReutersHONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms …
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Armed drone shot down over air base housing U.S. forces in northern Iraq – sources
by Reutersby ReutersBAGHDAD (Reuters) – An armed drone was shot down on Tuesday over Erbil airport in northern Iraq, where U.S. and other international forces are stationed, two security sources said. The …
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Big Business Took A Beating From Conservatives Over Woke Marketing In 2023, But Did It Change Anything?
Big Business Took A Beating From Conservatives Over Woke Marketing In 2023, But Did It Change Anything? Will Kessler on January 1, 2024 Companies like Anheuser-Busch, Target and Disney faced …
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BEIJING (Reuters) – China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a …
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KARACHI, Pakistan (Reuters) -Pakistan’s consumer price index (CPI) for December rose 29.7% from a year before, data from the Pakistan Bureau of Statistics showed on Monday. The country of 241 …
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DoorDash plots expansion outside core restaurant business in US – FT
by Reutersby Reuters(Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the U.S. group seeks ways to invest a growing cash pile, …
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SOMERDALE, NJ – Flying Fish Brewery Company, one of New Jersey’s pioneering craft breweries, has filed for Chapter 11 bankruptcy protection amid substantial financial challenges. The Somerdale-based brewery reported liabilities …
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Over 1,000 Burundian soldiers covertly deploy in eastern Congo – internal UN report
by Reutersby ReutersBy Sonia Rolley (Reuters) – Over 1,000 Burundian troops have been covertly deployed in eastern Democratic Republic of Congo since October, wearing the uniform of Congolese troops and working alongside …
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Russian economy shrank by 1.2% in 2022, less than previously thought – stats service
by Reutersby ReutersMOSCOW (Reuters) – Russia’s economy contracted by 1.2% last year, less than the 2.1% decline previously estimated, the state statistics service Rosstat said on Friday. Western countries imposed sweeping economic …
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QUEENS, NY – A 65-year-old female employee was the victim of a jewelry theft on Tuesday, December 26, at a commercial establishment on 154 Street in Queens. Police reported that …
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‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’
‘Future Democrats Of America’: Fox Business Guest Says Dems Using Border Crisis To ‘Import Their Future Margin Of Victory’ Harold Hutchison on December 28, 2023 A Fox Business guest on …
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G7 leaders to discuss legal theory on seizing Russian assets – sources
by Reutersby ReutersBy Andrea Shalal CHRISTIANSTED, St. Croix (Reuters) -G7 leaders will discuss a new legal theory that would enable the seizure of $300 billion in frozen Russian assets when they meet …
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WASHINGTON, D.C. – The Seventh District of the D.C. Metro Police Department is requesting the public’s help identifying a suspect in a recent burglary. The incident occurred in the early …
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US banks’ NIM to remain under pressure despite expected Fed rate cuts – S&P
by Reutersby Reuters(Reuters) – U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the …
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Apple’s iPhone design head to work with Jony Ive at LoveFrom – Bloomberg News
by Reutersby Reuters(Reuters) – Apple executive Tang Tan, who led design for the iPhone and Apple Watch, is set to join LoveFrom, Bloomberg News reported on Tuesday citing people familiar with the …
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Anthropic forecasts more than $850 million in annualized revenue rate by 2024-end – report
by Reutersby Reuters(Reuters) – Artificial intelligence startup Anthropic has projected it will generate more than $850 million in annualized revenue by the end of 2024, the Information reported on Tuesday, citing two …
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Brazil to launch program to boost industrial machinery renewal – minister
by Reutersby ReutersBRASILIA (Reuters) – Brazil will launch a program this week to encourage companies to update their machinery and acquire more modern equipment to increase productivity, Finance Minister Fernando Haddad said …