Spartan Capital Broker Faces Probe Tied To Deals Advised By Morgan Stanley – WSJ

(Reuters) – Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and acquisitions illegally obtained from Morgan Stanley, the Wall Street Journal reported on Wednesday. Jordan Meadow’s communications with five people, including a former Morgan Stanley employee, are under the scanner, the report said, citing people familiar…

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Spartan Capital broker faces probe tied to deals advised by Morgan Stanley – WSJ

(Reuters) – Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and acquisitions illegally obtained from Morgan Stanley, the Wall Street Journal reported on Wednesday. Jordan Meadow’s communications with five people, including a former Morgan Stanley employee, are under the scanner, the report said, citing people familiar…

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Mexico’s Sheinbaum advances in race for ruling party presidential ticket -polls

MEXICO CITY (Reuters) -Former Mexico City Mayor Claudia Sheinbaum leads the contest to be a candidate for Mexico’s ruling party in the 2024 presidential election, a survey published on Wednesday showed, while another poll put her in a virtual dead heat but advancing. A survey by polling firm Buendia & Marquez for newspaper El Universal…

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Beijing raps US presidential hopeful Haley over tough China plan

By Michael Martina and Gram Slattery WASHINGTON (Reuters) -China criticized U.S. presidential contender Nikki Haley over her threats to drastically limit Sino-U.S. trade relations, saying those who blamed Beijing for problems would end up on the “ash heap of history.” Haley, a U.N. ambassador during the Trump administration, staked out one of the most hawkish…

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IMF board to meet on July 12 for first review of Zambia’s programme -sources

By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund executive board will meet on July 12 to complete the first review of its $1.3 billion extended fund facility (EFF) programme for Zambia, according to people with direct knowledge of the matter. The board meeting comes after Africa’s second-biggest copper producer clinched a deal…

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US, China plan to increase commercial flights between the countries- US official

By Kanishka Singh WASHINGTON (Reuters) – The United States and China agreed to consider expanding commercial flights between the two countries to improve people-to-people contact, the top U.S. diplomat for East Asia, Daniel Kritenbrink, said on Wednesday. He told a Center for Strategic and International Studies think tank event in Washington that the countries agreed…

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Swiss National Bank’s Maechler says inflation proving persistent

ZURICH (Reuters) -Swiss inflation is proving broader-based and more persistent than initially thought, Swiss National Bank Governing Board member Andrea Maechler said on Wednesday, reiterating the central bank’s commitment to fighting price rises. Inflation had originally been triggered by oil price rises, supply chain disruptions and tight labour markets after the COVID pandemic, but had…

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