(Reuters) – Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond[...]
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Dollar bounces from 15-month low on strong core U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on t[...]
Read moreLong-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resili[...]
Read moreBlackstone to invest $150 million in London-based hedge fund Astaris
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group LP is to invest $150 million in London-based Astaris Capital Management which will be split between the firm’s existing hedge f[...]
Read moreMarketmind: Retail, housing and banks test jaunty July
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while the corporate earning[...]
Read moreOcado jumps on return to first-half underlying profit
By James Davey LONDON (Reuters) -Ocado, the British online supermarket and technology group, returned to underlying profit in its first half and stuck to its guidance, saying its retail operation won[...]
Read moreFactbox-Corporate debt woes are on the rise
LONDON (Reuters) – From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates. Here’s a snapshot of some European companies[...]
Read moreMarketmind: China worries keep investors jittery
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s raft of unimpressive data and with the economic calendar now light, worries over[...]
Read moreMicrosoft in talks to extend deal contract with Activision -source
By Anirban Sen NEW YORK (Reuters) -Microsoft Corp is in talks about an extension of its acquisition contract with video game maker Activision Blizzard, which is set to expire on Tuesday, so the partie[...]
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