Investors lift equity allocations to 5-month high - BofA survey
LONDON Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as
2023-05-16 16:53
UK Labor Market Softens Even as Wages Continue to March Higher
The UK labor market showed fresh signs of cooling in a boost for bets that interest rates are
2023-05-16 16:29
LandSec Marks Down Portfolio by £848 Million as Rates Bite
Land Securities Group Plc marked down the value of its UK real estate portfolio by £848 million ($1.1
2023-05-16 16:20
Software AG Shareholder Harris Criticizes Silver Lake Offer
One of Software AG’s top investors has spoken out against the firm’s planned €2.4 billion ($2.6 billion) takeover
2023-05-16 15:57
Loss-making Rakuten announces $2.5 billion share issue to bolster finances
TOKYO (Reuters) -Japan's Rakuten Group Inc said on Tuesday it aimed to raise up to 332 billion yen ($2.46 billion)
2023-05-16 15:51
Oil Majors Face Call for $12 Billion to Fix Nigeria Damage
Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s
2023-05-16 15:20
Telecom Italia Falls on Report CDP Dropping $21 Billion Grid Bid
Telecom Italia SpA fell on Tuesday following a Bloomberg report that Italy’s state lender will drop its offer
2023-05-16 15:17
LME Fights to Regain Trust After Last Year’s Nickel Crisis
The embattled London Metal Exchange is still trying to rebuild faith in its nickel contract after an epic
2023-05-16 14:59
Sumitomo Mitsui Rules Out Funding $5 Billion Uganda Oil Pipeline
Sumitomo Mitsui Financial Group Inc. said it isn’t financing an oil pipeline in East Africa, joining a growing
2023-05-16 14:16
Morgan Stanley Weighs Cutting 7% of Asia Investment Bank Jobs
Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest
2023-05-16 13:59
Rate-Cut Bets Are Surfacing Across Emerging Asia on Policy Pivot
Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks
2023-05-16 13:57
Airline SAS Gets US Court Approval to Secure New Equity Capital
Scandinavian carrier SAS AB will start a process to secure new equity capital after getting the relevant clearance
2023-05-16 13:55