BlackRock, Vanguard Stand Apart As U.S. Funds Suffer First Annual Outflows
(Reuters) – Passive products from BlackRock Inc, Vanguard Group and others were rare cash recipients last year as U.S. mutual…
January 2023
U.S. Supreme Court Asks For Govt Views On Blockbuster Apple/Caltech Patent Dispute
By Blake Brittain (Reuters) – The U.S. Supreme Court on Tuesday asked for the Biden Administration’s views on Apple Inc…
U.S. Supreme Court Hears Turkish Lender Halkbank’s Bid To Avoid Charges
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday began hearing arguments over a bid…
Morgan Stanley Profit Beats On Strength In Wealth, Trading Units
By Manya Saini and Carolina Mandl (Reuters) -Shares in Morgan Stanley soared over 7% in early trading as the bank…
Disney Says Investor Peltz ‘lacks Experience’ To Help Business
(Reuters) -Walt Disney Co defended its decision on Tuesday to deny a board seat to Nelson Peltz, saying the activist…
Davos 2023: EU To Counter Game Changing U.S. Climate Move With Own Law
By Maha El Dahan and Jan Strupczewski DAVOS, Switzerland (Reuters) – The European Union responded on Tuesday to U.S. moves…
Emerson Makes $7.6 Billion Offer For NI Corp Public After Rebuffed Approaches
(Reuters) -U.S. industrial and software firm Emerson Electric Co on Tuesday made public its offer to buy NI Corp in…
Renault Sales Fall For 4th Straight Year
PARIS (Reuters) -The Renault group on Tuesday said sales at its flagship brand fell for a fourth consecutive year in…
Japan’s JERA Signs Ammonia Supply MOUs With Yara, CF Industries
(Reuters) – Japan’s biggest power generator JERA signed ammonia supply memorandums of understanding (MOUs) with CF Industries of the United…
Fund manager allocation to U.S. stocks in January collapses – BofA survey
By Samuel Indyk LONDON (Reuters) – Fund managers’ allocation to U.S. equities collapsed in January, with 39% saying they had…