LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Distressed credit to lure more hedge fund investors next year -BNP survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Wall Street cheers Boeing’s recovery plans as challenges persist
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -Boeing Co’s shares have been rallying after the planemaker shared plans…
Brazil’s Petrobras to pay out $8.5 billion dividend amid squabble
SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion) on its…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…
Corteva third-quarter loss narrows on demand for agricultural products
By Ruhi Soni (Reuters) -Agricultural chemical and seed company Corteva Inc on Thursday posted a smaller-than-expected third-quarter adjusted loss as…
U.S. SEC considering action against SolarWinds over cyber disclosures
(Reuters) – The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements…
Dorsey’s Block posts a jump in revenue, boosting shares
By Hannah Lang (Reuters) -Block Inc posted a rise in third-quarter revenue on Thursday as the growth of Cash App…
Top Republican senator says Fed should not buy bonds to remedy market stress
By Michael S. Derby (Reuters) – A top Republican senator wrote to the Federal Reserve on Thursday and cautioned the…
Goldman Sachs cuts credit exposure to Russia
(Reuters) -Goldman Sachs Group Inc said on Thursday it reduced its credit exposure to Russia by 9% to $205 million…