(Reuters) -Missouri has pulled $500 million out of pension funds managed by BlackRock Inc, state Treasurer Scott Fitzpatrick said on…
Intel’s Mobileye seeks drastically lower $16 billion valuation in IPO
By Mehnaz Yasmin and Manya Saini (Reuters) -Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16…
Third Point takes stake in Colgate-Palmolive, urges pet food spinoff
By Svea Herbst-Bayliss and Uday Sampath Kumar (Reuters) -Daniel Loeb’s Third Point has built a significant position in toothpaste maker…
Singapore’s GIC says global recession scenario possible, eyes Australia opportunities
By Praveen Menon SYDNEY (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, said it is…
Minneapolis Fed directors wanted 100 bp discount rate hike in September
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Minneapolis board members sought a full percentage point…
Malawi close to sealing $54 million IMF emergency funding for economic shock
By Frank Phiri LILONGWE (Reuters) – International Monetary Fund approval of up to $54 million of emergency funding for Malawi…
Nord Stream ruptures revealed as Europe grapples with gas plan
By Stine Jacobsen and Kate Abnett COPENHAGEN/BRUSSELS (Reuters) – Damage to the Nord Stream gas pipeline from Russia to Europe…
Sachem Head’s Ferguson says replacing CEO among tough jobs for activists
By Svea Herbst-Bayliss NEW YORK (Reuters) – Investor Scott Ferguson, who runs Sachem Head Capital Management, said one of the…
Choppy markets likely to boost profit for U.S. exchange operators
By Manya Saini (Reuters) – Heightened market volatility could prove to be a boon for U.S. exchange operators as higher…
Engine No. 1 held talks with Coca-Cola on new recycling initiatives – source
(Reuters) -Sustainability-focused investment firm Engine No. 1 has held talks with Coca-Cola Co about steps the soda giant could take…