US equity funds suffer outflows on rising bond yields, geopolitical tensions

U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond

2023-10-20 19:53

Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’

Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug

2023-06-07 01:48

ByteDance to wind down Nuverse in full retreat from gaming -sources

By Josh Ye HONG KONG (Reuters) -TikTok maker ByteDance is set to internally announce on Monday the winding down of

2023-11-27 10:46

US banks' reserves steady, assuaging liquidity drainage fears

By Davide Barbuscia NEW YORK A feared liquidity drainage in the U.S. banking system as the Treasury refills

2023-07-22 02:20

Oil dips after U.S. stockpiles climb, Middle East tensions in focus

By Jeslyn Lerh SINGAPORE Oil prices fell on Thursday after a rise in U.S. crude stockpiles and a

2023-10-26 12:15

Companies reach $1.18 billion deal to resolve claims from 'forever chemicals' water contamination

Three chemical manufacturing companies have reached a deal to resolve complaints of polluting many U.S. drinking water systems with compounds known as PFAS

2023-06-03 03:55

Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst

Money managers that trade derivatives linked to oil and fuel prices are about as bearish as they’ve been

2023-05-20 21:26

Shell wins legal case over Nigeria oil spill

Britain's highest court ruled Wednesday it was too late for people in Nigeria's Niger delta region to lodge pollution claims against energy giant Shell after a huge oil...

2023-05-10 20:24

Hedge fund Verition joins rush to Dubai financial hub

By Hadeel Al Sayegh DUBAI U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft

2023-07-06 16:55

Roku to cut 10% workforce, curb hiring

Video streaming company Roku said on Wednesday it will reduce its workforce by about 10% and limit new

2023-09-06 18:29

Does Angelina Jolie still own Miraval? Brad Pitt accuses ex-wife of 'hostile takeover' of family winery in France

Brad Pitt alleges that ex-wife Angelina Jolie, with her previous investment firm, orchestrated a 'hostile takeover' of the family property in France

2023-07-20 20:27

Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB

Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central

2023-08-08 14:19