(Reuters) – Private equity giant KKR said on Tuesday it had acquired a $373 million portfolio of prime auto loans from Synovus Bank. Shares of Synovus Financial, the parent company of the bank,[...]
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August 9, 2023
Fortum fights to sell seized Russian assets and get compensation
By Anne Kauranen HELSINKI (Reuters) – Finnish utility Fortum still hopes to sell its Russian assets and get compensation for their seizure by the Kremlin via arbitration, its chief executive tol[...]
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Flutter’s US bet drives first half profit 76% higher
By Padraic Halpin DUBLIN (Reuters) -Flutter’s first half core earnings jumped 76% as its fast growing U.S. Fanduel brand turned a profit for the first time in a “transformation point[...]
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Analysis-Bond traders prepare to brave ‘painful’ yield curve bets as rate hikes slow
By Harry Robertson LONDON (Reuters) – Bond traders are eyeing a return to a type of trade that left them battered earlier this year – betting on yield curves returning to a more normal sha[...]
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Cathay Pacific posts best H1 profit since 2010, to repay govt aid package
By Clare Jim and Jessie Pang HONG KONG (Reuters) -Cathay Pacific Airways reported on Wednesday its best first-half profit in more than a decade and announced plans to order more planes and repay a Hon[...]
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Adani Enterprises weighs exiting $6 billion Wilmar venture – Bloomberg News
(Reuters) -India’s Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International, Bloomberg News reported on Tuesday, citing people familiar wit[...]
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Marketmind: Banking news unnerves ahead of US CPI
A look at the day ahead in European and global markets from Brigid Riley Markets have a full plate on Wednesday, taking in China’s disappointing inflation data while awaiting tomorrow’s U.[...]
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Analysis-Rising bond yields emerge as pressure point for US stock rally
By Lewis Krauskopf NEW YORK (Reuters) – Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets confront a pileup of unwelcome news, from last week’s dow[...]
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Starbucks must rehire fired union supporters, US appeals court rules
By Daniel Wiessner (Reuters) – A U.S. appeals court on Tuesday rejected Starbucks Corp’s challenge to a ruling requiring the coffee chain to rehire seven employees at a Memphis, Tennessee,[...]
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