By Manya Saini (Reuters) -BlackRock has launched a ‘buffer’ exchange-traded fund that seeks to offer a 100% downside hedge to risk-shy investors looking to tap the equity markets, the worl[...]
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July 1, 2024
World stocks, US yields gain after French election results
By Chibuike Oguh NEW YORK (Reuters) -Global stocks edged higher in choppy trading on Monday, while U.S. Treasury yields rose following France’s historic elections and ahead of a string of econom[...]
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BlackRock teases indexes for private markets after Preqin deal
By Niket Nishant and Davide Barbuscia (Reuters) -BlackRock could start offering indexes and exchange-traded funds (ETFs) for private markets, the asset manager said on Monday, after it announced a dea[...]
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Spirit Airlines appoints new CFO
(Reuters) – Low-cost carrier Spirit Airlines said on Monday it has appointed Fred Cromer as its new chief financial officer, effective July 8. Cromer, who served at Bombardier Commercial Aircraf[...]
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How jetmakers divided up struggling supplier Spirit AeroSystems
By Mike Stone, Tim Hepher and Abhijith Ganapavaram WASHINGTON (Reuters) – Hashed out in three-way talks between plane giants and one of their key suppliers, Boeing’s $4.7 billion deal to b[...]
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NY grocer Gristedes to spend millions to settle US greenhouse gas charges
By Jonathan Stempel NEW YORK (Reuters) – The New York supermarket chain Gristedes will pay a $400,000 civil fine and spend $13.5 million on repairs and upgrades to settle charges that its store[...]
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US dollar climbs to new 38-year peak vs yen; euro rises after French elections
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar surged to a fresh 38-year peak against the yen on Monday, as Treasury yields on the long end rose sharply, keeping investors on heighten[...]
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More American tourists head to Japan as battered yen beckons
By Aishwarya Jain (Reuters) -American tourists headed for Japan have surged this year, lured by a slump in the value of the yen, which is also driving a massive jump in foreign investor interest in th[...]
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Red Sea disruptions to continue into Q3, Maersk CEO says
COPENHAGEN (Reuters) – The coming months will be challenging for carriers and businesses, as disruptions to container shipping via the Red Sea continue into the third quarter, Danish shipping co[...]
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