Archegos’ Bill Hwang Asks For Morgan Stanley Probe After Costly Short Squeeze – Bloomberg News
(Reuters) – Archegos Capital Management founder Bill Hwang has asked for a probe into Morgan Stanley to review if someone…
May 17, 2022
Retail sales rise 0.9% in April as consumers show resilience
WASHINGTON (AP) — U.S. retail sales rose 0.9% in April, a solid increase that underscores Americans’ ability to keep ramping…
Factbox-Companies Sell Their Businesses In Russia
(Reuters) -Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they…
BNP Paribas Shareholder Meeting Disrupted By Green Activists
PARIS (Reuters) – Environmental activists briefly disrupted BNP Paribas’ annual shareholder meeting in Paris on Tuesday, accusing France’s largest listed…
Spain, Morocco reopen land border crossings as ties improve
MADRID (AP) — The land borders between Spain and Morocco at Ceuta and Melilla, Spain’s North African enclave cities, have…
Walmart Q1 profit dragged down as inflation takes a bite
NEW YORK (AP) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as…
LIC Shares Tumble In Market Debut After Record India IPO
By Nupur Anand and Chris Thomas MUMBAI (Reuters) – Shares in Life Insurance Corp of India (LIC) slid nearly 8%…
Shopee-owner Sea Tops Revenue Estimates On E-commerce Strength
(Reuters) -Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South…
Home Depot overcomes slow start to year, rising home prices
Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue…
Yellen warns Europeans about working with China, urges unity
BRUSSELS (AP) — Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet…