Analysis-Foreigners’ Dry Powder Is Fuel For A Long Stock Market Rally In China
By Xie Yu and Ankur Banerjee HONG KONG/SINGAPORE (Reuters) – Foreign investors have barely begun buying back beaten-down stocks in…
2023
Ares Management Raises $5 Billion For Infrastructure Debt Investing
(Corrects Ares year of founding to 1997 instead of 2002 in last paragraph) By Chibuike Oguh (Reuters) – Ares Management…
BlackRock’s iShares flows top Vanguard’s ETFs, fixed income on the up
By Davide Barbuscia NEW YORK (Reuters) – BlackRock’s iShares exchange traded funds (ETFs) gained more net flows than Vanguard’s ETFs…
U.S. Dollar Holds Firm Ahead Of U.S. Inflation Data
By Joice Alves and Tom Westbrook LONDON (Reuters) – The U.S. dollar held its ground on Wednesday as traders waited…
European Shares Rise On China Reopening Cheer, Slow Pace Of Rate Hikes
(Reuters) – European shares edged up on Wednesday, lifted by Bayer and LVMH, while optimism over reopening in China and…
Britain’s Sainsbury’s Raises Profit Sights After Christmas Sales Rise
By James Davey LONDON (Reuters) – British supermarket group Sainsbury’s forecast full-year profit towards the upper end of its guided…
LVMH Could Pick Pietro Beccari As New Louis Vuitton CEO – Paper
ROME/PARIS (Reuters) – The world’s largest luxury group LVMH could pick Pietro Beccari as new CEO of Louis Vuitton, the…
Australia Retail Sales Jump In November, Inflation Resumes Climb
By Wayne Cole SYDNEY (Reuters) -Australian shoppers spent big in November as Black Friday sales and online specials spurred demand…
Strength of ‘weak ties’: How casual contacts can boost your career
By Chris Taylor NEW YORK (Reuters) – When Lauren Hopkins snagged a gig in student affairs at Virginia Commonwealth University…
Audi Mexico Agrees On Wage Increase With Union, Avoiding Strike
MEXICO CITY (Reuters) – Audi’s Mexico unit reached an agreement Tuesday with its union regarding a wage increase for 2023,…