By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Options on several U.S.-listed Chinese exchange traded funds have drawn bullish flows in recent days as some traders take advantage of a slump in bullish sentiment on Chinese companies to place contrarian upside bets. The bullish trades occur as investors, who started this year…
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Options on several U.S.-listed Chinese exchange traded funds have drawn bullish flows in recent days as some traders take advantage of a slump in bullish sentiment on Chinese companies to place contrarian upside bets. The bullish trades occur as investors, who started this year…
(Reuters) – Former President Donald Trump’s 2024 White House campaign said on Wednesday he had raised $7 million since being indicted on federal charges last week, as his message of political persecution continues to resonate with die-hard supporters. “President Trump Raises Over $6.6 Million and Counting Since Deranged Jack Smith Announced Political Prosecution,” Trump’s campaign…
By Andrew Hay (Reuters) – Prosecutors say they have evidence pointing to the possibility the armorer for the movie “Rust” introduced live rounds onto the set where a gun that actor Alec Baldwin was holding fired a bullet, killing cinematographer Halyna Hutchins in 2021. Prosecutors had previously said it might never be clear how live…
(Reuters) – Unilever said on Wednesday it is set to acquire frozen yogurt brand Yasso Holdings in North America, adding to its roster of premium ice-cream brands like Ben & Jerry’s, Magnum, and Talenti. The consumer goods giant said its acquisition of Boulder, Colorado-based Yasso falls in line with its strategy to upscale the ice…
By Laurie Chen BEIJING (Reuters) – Strikes at Chinese factories have surged to a seven-year high and are expected to become more frequent as weak global demand forces exporters to cut workers’ pay and shut down plants, one rights group and economists say. Exports and factory output in the world’s second-largest economy tumbled in May,…
By Blake Brittain (Reuters) – A group of 17 music publishers sued Twitter in Nashville, Tennessee, federal court on Wednesday, accusing the company of enabling thousands of copyright violations by allowing users to post music without a license. Twitter drives user engagement with “countless infringing copies of musical compositions,” the lawsuit said. Members of the…
By Nancy Lapid (Reuters) – The American Medical Association (AMA) on Wednesday said it will advise doctors to pay less attention to body mass index (BMI) in determining if a patient is at a healthy weight, saying the measure does not predict disease risk equally well across racial and ethnic groups. BMI, a ratio of…
By Kanishka Singh (Reuters) – A Montana man was sentenced on Wednesday to 18 years in prison for firing an assault rifle into a woman’s home and trying to rid a town of LGBTQ residents. John Howald, 46, of Basin, Montana, was convicted of the hate crime by a federal jury in February, the Justice…
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve left interest rates unchanged on Wednesday but signaled in new projections that borrowing costs may still need to rise by as much as half of a percentage point by the end of this year, as the U.S. central bank reacted to a stronger-than-expected…
