Hedge funds that did best in 2022 could fare worst in 2023 – BNP
By Nell Mackenzie LONDON (Reuters) – Trend following hedge funds that outperformed rivals in 2022 will likely underperform this year,…
2023
Oil Slips As Rising Supplies Balance Chinese Demand Hopes
By Alex Lawler LONDON (Reuters) – Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply…
Oil Rises As Chinese Factory Bounce Boosts Demand Outlook
By Alex Lawler LONDON (Reuters) -Oil extended gains for a second session on Wednesday after a strong jump in manufacturing…
Puma Expects Cost Pressure On Margins To Persist In 2023
By Linda Pasquini (Reuters) -German sportswear maker Puma on Wednesday gave a forecast for 2023 profit with a midpoint below…
Just Eat Takeaway Swings To Small 2022 Core Profit, Sees Better 2023
AMSTERDAM (Reuters) -Just Eat Takeaway.com, Europe’s largest meals delivery company, swung to a small 2022 core profit on Wednesday and…
Cellnex Narrows FY Net Loss, Meets Core Earnings Target
BARCELONA, Mar 1 (Reuters) -Europe’s largest mobile phone tower operator Cellnex on Wednesday reported a net loss of 297 million…
Apple Supplier Foxlink Says Working To Resume Production After India Fire
TAIPEI (Reuters) -Taiwanese Apple Inc supplier Foxlink said on Wednesday it is working hard to resume production following a fire…
Electric Vehicle Maker Tesla To Open Office In Malaysia
KUALA LUMPUR (Reuters) – Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the…
Asia’s Factory Activity Stalls, But China A Bright Spot
By Leika Kihara TOKYO (Reuters) – Asia’s factory activity stalled in February with the exception of China, as slowing global…
Hedge funds unimpressed by Chinese internet giants’ peppy earnings
By Summer Zhen HONG KONG (Reuters) – A set of bumper earnings reports from the likes of Baidu Inc and…