By Suzanne McGee (Reuters) – Rayliant Global Advisors and Sumitomo Mitsui DS Asset Management (SMDAM) on Thursday launched the first actively managed exchange-traded fund (ETF) to focus specific[...]
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April 4, 2024
McDonald’s to buy Israel franchise from owner Alonyal
(Reuters) -McDonald’s is buying its 30-year-old Israel franchise from Alonyal Ltd, taking back ownership of 225 restaurants in the country that employs more than 5,000 people, the companies said[...]
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Factbox-How Finnish strikes over labour reforms are affecting companies
(Reuters) – Finnish labour unions will suspend a four-week strike which began on March 11 next week, the SAK trade union association said on Thursday. The SAK said in a statement it would reasse[...]
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US layoffs reach 14-month high amid government, tech cutbacks
By Amina Niasse NEW YORK (Reuters) – U.S. layoff announcements rose 7% in March to the highest since January 2023, led by technology and government-sector job eliminations, though cuts announced[...]
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Italy’s state-backed loans pose restructuring headache
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Dealing with the extensive loan guarantees Italy provided to help businesses through the COVID-19 pandemic and energy crisis is proving compl[...]
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Explainer-What is the ‘Basel III endgame’ and why are US banks worked up about it?
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve said last month it will make significant changes to a sweeping proposal for stricter bank capital requirements known as the “Base[...]
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Austria’s RBI can’t give timing on possible Strabag deal, CEO says
VIENNA (Reuters) – Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, cannot give a timeframe for its contested deal to purchase a stake in Austria’s Straba[...]
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Morning Bid: All eyes on the jobs market
(Reuters) – A look at the day ahead in U.S. and global markets by Harry Robertson Data Jerome Powell wants, and data Jerome Powell shall get. The Federal Reserve chair on Wednesday continued to[...]
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Japanese stocks see biggest weekly foreign outflow in six months
(Reuters) – Foreign investors pulled more than a trillion yen out of Japanese stocks last week, as some stocks went ex-dividend and expectations of currency market intervention by the Bank of Ja[...]
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