Singapore’s GIC bets on China after scoring 8-year-high returns
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors,…
July 25, 2023
Global equities, US yields gain ahead of Fed, corporate results
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Federal…
Oil prices hit 3-month highs on tightening supplies
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose to three-month highs on Tuesday, as signs of tighter supplies and…
Mexican armed forces were complicit in students’ disappearance, new report finds
By Lizbeth Diaz MEXICO CITY (Reuters) -Mexican security forces were complicit in the 2014 abduction of 43 student teachers and…
PacWest merges with Banc of California in all-stock deal
(Reuters) – Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise…
London court revives $3.5 billion mass forex lawsuit against banks
LONDON (Reuters) -A proposed 2.7 billion pound ($3.5 billion) mass lawsuit against major banks including JPMorgan and Citigroup over alleged…
Starbucks illegally fired NYC supervisor over union activities, judge rules
By Jonathan Stempel NEW YORK (Reuters) -Starbucks violated U.S. labor law by firing a Manhattan store supervisor who had organized…
Walmart teams up with Expedia on travel perks
By Doyinsola Oladipo NEW YORK (Reuters) – Retail giant Walmart on Tuesday said it is teaming up with online travel…
US judge blocks Biden’s new border asylum restrictions
By Ted Hesson and Kristina Cooke WASHINGTON (Reuters) -A U.S. federal judge on Tuesday blocked President Joe Biden’s new regulation…
Billionaire Leon Black is accused in lawsuit of raping autistic girl
By Jonathan Stempel NEW YORK (Reuters) – The billionaire investor Leon Black was sued on Tuesday by an autistic woman…