A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for clue[...]
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August 15, 2024
Hedge fund Sachem Head built CVS stake during second quarter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Investment firm Sachem Head Capital Management built a new stake in CVS Health Corp during the second quarter when the healthcare company’s stoc[...]
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Explainer-South Korean alarm over EV fires puts spotlight on safety concerns
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles (EV) as authoriti[...]
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Japan firms see Harris presidency as better for business than Trump, Reuters survey shows
By Kiyoshi Takenaka TOKYO (Reuters) – More Japanese companies believe a Kamala Harris presidency in the U.S. would be better for their businesses than a second Donald Trump administration, a Reu[...]
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Margin trading in Japanese stocks sharply shrinks after market rout
By Junko Fujita TOKYO (Reuters) – Trading using borrowed money, or margin trading, in Japan’s stock market fell sharply last week as investors were forced to dump stocks during the Nikkei[...]
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EY, KPMG benefit most from PwC China’s regulatory woes
By Julie Zhu and Xie Yu HONG KONG (Reuters) – Ernst & Young (EY) and KPMG have snapped up over half of PwC’s corporate clients in China that have fled the market’s leading accoun[...]
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Bitcoin miner Riot Platforms raises stake in rival Bitfarms to 18.9%
(Reuters) – Bitcoin miner Riot Platforms said on Tuesday it had increased its stake in rival Bitfarms to 18.9%. Riot acquired 1 million common shares of Bitfarms on Tuesday, representing about 0[...]
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US fines T-Mobile $60 million over unauthorized data access
By Alexandra Alper and Eric Beech WASHINGTON (Reuters) -A powerful U.S. committee that scrutinizes foreign investment for national security risks fined T-Mobile $60 million, its largest penalty ever,[...]
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