(Reuters) – Barclays said on Wednesday global mutual funds investors could sell equities worth a further $350 billion this year, unless fears of recession diminish, due to an uncertain macro …
Global
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- Financial News
Saudi foreign minister does not expect immediate global oil shortage
by Reutersby ReutersDAVOS, Switzerland – Saudi Arabia does not expect an immediate shortage of oil and only a certain shortage of oil products, the country’s foreign minister Prince Faisal bin Farhan Al …
- Financial News
Global digital tax deal might not be ready until early 2024 – France
by Reutersby ReutersPARIS – A global digital tax deal might not be ready until the end 2023 or early 2024, French Finance Minister Bruno Le Maire said on Tuesday, flagging a big …
- Financial News
France Le Maire’s confident on EU unanimity on global corporate tax by June 17
by Reutersby ReutersBy LA BRUSSELS – The 27 members of the European Union should reach a unanimous agreement on the implementation of a global minimum corporate tax by June 17, French Finance …
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By Sonali Paul MELBOURNE – A gas seller that supplied 7% of the eastern Australian market has collapsed due to soaring global gas prices, the first significant casualty in the …
- Top HeadlinesUS and World News
Ukraine a global issue, not regional one, Biden says in Asia
by Reutersby ReutersTOKYO – The crisis in Ukraine is a global issue, not a regional one, U.S. President Joe Biden said at a meeting of the Quad grouping of countries in Tokyo …
- Financial News
Bombardier launches latest ultra-long range business jet Global 8000
by Reutersby Reuters(Reuters) – Canada’s Bombardier Inc launched a new long-range business jet on Monday, as it looks to stay competitive in a market that serves the ultra-rich and has remained robust …
- Top HeadlinesUS and World News
Analysis-S.Korea’s Yoon uses Biden summit as springboard for global agenda as China looms
by Reutersby ReutersBy Josh Smith SEOUL – South Korea’s new president, Yoon Suk-yeol, used a largely successful summit with U.S. President Joe Biden over the weekend to lay the foundation for his …
- Financial News
Citi promotes Asia-based banker Valderrabano as global wealth COO
by Reutersby ReutersBy Selena Li HONG KONG – Citi has appointed Valentin Valderrabano as its new chief operating officer (COO) for Citi Global Wealth, effective in July, according to an internal memo …
- Department of Justice Press Releases
United States Recovers Over $15 Million from Swiss Bank Accounts as Proceeds of Global Digital Advertising Fraud Scheme
by DOJ Pressby DOJ PressBreon Peace, United States Attorney for the Eastern District of New York, announced today that $15,111,453.84 in illicit proceeds derived from an international digital fraud scheme has been transferred by …
- Business News
Global Expert on ADHD Speaks to Families About Embracing Its Superpowers
by Your Newsby Your News“ADHD can be a superpower when you learn how to manage it,” said Dr. Ned Hallowell. Tweet this “ADHD can be a superpower when you learn how to manage it,” …
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By Howard Schneider WASHINGTON – Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times, and air freight …
- Department of Justice Press Releases
Three Portfolio Managers And Allianz Global Investors U.S. Charged In Connection With Multi-Billion Dollar Fraud Scheme
by DOJ Pressby DOJ PressAllianz Global Investors U.S. LLC Also Charged With Securities Fraud, Agrees to Plead Guilty Damian Williams, the United States Attorney for the Southern District of New York, Lisa O. Monaco, …
- Financial News
Tiger Global raised stakes in some tech names battered by year’s rout -filing
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON – Investment firm Tiger Global, which has lost billions of dollars in this year’s technology stock meltdown, increased its stakes during the first quarter in several …
- Financial News
Moscow says G7 attempts to isolate Russia make global food crisis worse
by Reutersby Reuters(Reuters) – Russia’s foreign ministry said on Monday that attempts by the West and the G7 group of nations in particular to isolate Moscow have worsened global food shortages. G7 …
- Business News
Bausch + Lomb Announces Participation at the RBC Capital Markets Global Healthcare Conference
by Your Newsby Your NewsVAUGHAN, ON, May 13, 2022 — Bausch + Lomb Corporation, (NYSE/TSX: BLCO) (“Bausch + Lomb”), a leading global eye health company dedicated to helping people see better to live better, …
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(Reuters) – Global equity funds witnessed a surge in outflows in the week ended May 11, as fears of an economic slowdown and further tightening by major central banks to …
- Financial News
Balkan companies see ‘near-shoring’ opportunity with global supply woes
by Reutersby ReutersBy Daria Sito-Sucic SARAJEVO – As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns in China hit Western European markets, Balkan companies are hoping to …
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(Reuters) -President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous inflation by imposing on Russia the most severe sanctions …
- Financial News
Analysis-BOJ still a lone dove, but less so as global price pressures intensify
by Reutersby ReutersBy Leika Kihara TOKYO – The Bank of Japan is dropping hints the recent rise in inflation may prove longer-lasting and driven by solid demand, a sign global price pressures …
- Financial News
ARK’s Wood sees global recession, blames market selloff on Fed hike plan
by Reutersby ReutersBy David Randall NEW YORK – The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve’s plan to continue hiking …
- Financial News
Polish PM says he will discuss global corporate tax with Yellen
by Reutersby ReutersWARSAW – Polish Prime Minister Mateusz Morawiecki said on Tuesday he would discuss global corporate tax with United States Treasury Secretary Janet Yellen when she visits Poland on Saturday. (Reporting …
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(Reuters) – Global bond funds faced big outflows in the week to May 4 as soaring inflationary pressure fueled caution ahead of the Federal Reserve’s policy decision this week. According …
- Business News
Echo Global Logistics Signs Definitive Agreement to Acquire Roadtex Transportation Corporation
by Your Newsby Your NewsThe deal brings a national warehouse footprint and advanced temperature-controlled transportation solutions to Echo while providing Roadtex’s customers with truckload brokerage and expanded transportation management solutions CHICAGO and SOMERSET, N.J., …
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By Chibuike Oguh (Reuters) – Apollo Global Management Inc said on Thursday its first-quarter earnings jumped more than three times thanks to strong growth in income from management fees and …