(Reuters) – Apollo Global Management Inc said on Wednesday former U.S. Senator Patrick Toomey has been appointed to its board, effective March 15. In a political career spanning decades, Toomey[...]
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February 22, 2023
S&P 500 index seen climbing 5% by end of 2023: Reuters poll
By Sinéad Carew NEW YORK (Reuters) – Wall Street’s benchmark S&P 500 index is expected to advance about 5% from Tuesday’s close by year-end although high interest rates and infla[...]
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Blackstone’s Ike leaves to start new investment firm
By Chibuike Oguh NEW YORK (Reuters) – Melvin Ike, a managing director in Blackstone Inc’s tactical opportunities group, has resigned to start his own investment firm, the private equity fi[...]
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Marketmind: Hang on a minute
A look at the day ahead in U.S. and global markets from Mike Dolan Only seven weeks into the new year and many of the year’s favoured investments look spent already – or at least they requ[...]
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White House to roll out plan to lower first-time home buyers’ mortgage costs
(Reuters) – The White House on Wednesday will unveil a plan to reduce mortgage insurance fees charged to first-time home buyers, helping an estimated 850,000 borrowers save about $800 a year on[...]
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Lloyds faces housing market chill as profit growth stalls
By Iain Withers and Lawrence White LONDON (Reuters) – Britain’s Lloyds Banking Group signalled that falling house prices, competition on savings and rising costs may crimp future returns a[...]
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German inflation remains high at start of year
By Maria Martinez BERLIN (Reuters) -Germany’s inflation rate showed no signs of easing at the start of the year, as energy and food price pressures remained high due to the war in Ukraine. Germa[...]
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Citigroup expects ‘less hard’ landing for global economy this year
(Reuters) -Citigroup economists on Wednesday raised their global growth forecast slightly and see a “less hard” landing but still expect the world’s economy to grow at the slowest pa[...]
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British supermarkets confront their German discounting demons
By James Davey LONDON (Reuters) – Britain’s big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi[...]
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