By Harry Robertson LONDON (Reuters) -The traditional 60% stocks and 40% bonds portfolio has had the best start to the year since 1991, according to Bank of America, after one of the worst years on rec[...]
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February 10, 2023
Institutional investors back Shell board lawsuit over climate risk
By Kirstin Ridley LONDON (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy giant Shell’s board over alleged climate mismanagement in[...]
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Adani Group reels after report from U.S. short-seller Hindenburg
NEW DELHI (Reuters) – Indian tycoon Gautam Adani’s conglomerate has been pummelled by a stock rout and come under increasing scrutiny after U.S. short-seller Hindenburg Research issued a d[...]
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Gigapresses – the giant die casts reshaping car manufacturing
By Giulio Piovaccari TRAVAGLIATO, Italy (Reuters) – By replacing around 60 welded components with a single module, gigantic aluminium die casting machines made by the likes of Tesla supplier IDR[...]
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UK watchdog probes Barclays over anti-money laundering systems -FT
LONDON (Reuters) -Britain’s financial regulator is investigating Barclays PLC for suspected failings in its compliance and anti-money laundering systems, the Financial Times reported on Friday.[...]
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China says proposed U.S. ban on Chinese buying U.S. property violates market rules
BEIJING (Reuters) -The United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chin[...]
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Credit Suisse shares look set to continue sell-off
ZURICH (Reuters) – Credit Suisse shares looked set to continue their slide on Friday after the bank’s reported its latest heavy losses on Thursday and the Swiss regulator said it was watch[...]
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Microsoft co-founder Bill Gates: ChatGPT ‘will change our world’
BERLIN (Reuters) – Microsoft co-founder Bill Gates believes ChatGPT, a chatbot that gives strikingly human-like responses to user queries, is as significant as the invention of the internet, he[...]
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Recession alarm bells are ringing, but (much) less loudly than before
(Reuters) – The rapid reopening of China’s economy, plunging European gas prices and cooling U.S. inflation suggest a global recession may not be as deep and protracted as feared just week[...]
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