By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index erased early gains to close nearly flat on Monday…
Jefferies profit slides as Wall Street dealmaking falters
(Reuters) -Investment bank Jefferies Financial Group reported a 52.5% decline in fourth-quarter profit on Monday, hit by lower underwriting fees…
Hedge funds in 2022 post worst performance since 2018, dragged down by equities -HFR data
By Carolina Mandl NEW YORK (Reuters) – Hedge funds last year posted their worst performance since 2018, mainly dragged down…
BMW teases a talking car that shifts colors like a chameleon
By Joseph White LAS VEGAS (Reuters) – BMW AG has unveiled a prototype for a car that talks like a…
Capricorn ready to add Palliser nominees to board
By Shadia Nasralla LONDON (Reuters) -Capricorn Energy said on Monday it was ready to add “a number” of people put…
S&P downgrades Southwest Airlines outlook, expects weaker FFO
(Reuters) -Global ratings agency S&P Global lowered Southwest Airlines Co’s outlook to stable from positive, saying it expects the airline…
‘Extensive’ Tesla Autopilot probe proceeding ‘really fast’ -U.S. official
By David Shepardson WASHINGTON (Reuters) -The acting head of the National Highway Traffic Safety Administration (NHTSA) told reporters on Monday…
UK becoming less attractive for investment, manufacturers warn
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result…
Southwest Airlines reshuffles senior management roles
(Reuters) – Southwest Airlines Co said on Monday it made leadership changes across several departments in a bid to strengthen…
Equities, bonds ETFs drew in near-record amounts of cash in 2022: BlackRock
By Lucy Raitano LONDON (Reuters) – Investors ploughed $867 billion into ETPs (exchange-traded products) in 2022, the second biggest inflow…