By Clare Jim (Reuters) -The Hong Kong-listed shares of state-backed property developer China Vanke slid as much as 12% to a record low on Tuesday after it reported a 50.6% drop in 2023 core profit and[...]
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April 2, 2024
Disney edges ahead in battle for board seats with activist investors
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment[...]
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Gold rallies, stocks ease as rate cut optimism fades
By Herbert Lash and Kevin Buckland NEW YORK/TOKYO (Reuters) – Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was nea[...]
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T. Rowe Price backs Disney directors in boardroom challenge with hedge funds
By Svea Herbst-Bayliss NEW YORK (Reuters) -Mutual fund firm T. Rowe Price, which owns roughly 11.7 million shares in Walt Disney, said it has voted for the entertainment giant’s directors, deali[...]
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