Generali buys U.S. asset manager Conning under deal with Cathay Life
MILAN (Reuters) – Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay…
Business
German 2-year bond yield hits 15-year high as traders eye more hikes
By Harry Robertson and Alun John LONDON (Reuters) -Germany’s two-year bond yield jumped to its highest level in 15 years…
US rate futures lift chances of November hike after overall upbeat data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. interest rate futures on Thursday saw an increased probability of another rate…
Tackle demand, not supply, to cut emissions, oil bosses say
By Dmitry Zhdannikov, Ron Bousso and Shadia Nasralla VIENNA (Reuters) -The bosses of global energy companies this week urged governments…
Berlusconi leaves control of business empire to two eldest children
By Elvira Pollina MILAN (Reuters) – Silvio Berlusconi’s eldest children Marina and Pier Silvio will together control the business empire…
Law firm Paul Hastings extends hiring streak with Goodwin partner pair
By Chinekwu Osakwe (Reuters) – U.S. law firm Paul Hastings said Thursday that it has hired two partners from rival…
Pentagon has strategic germanium stockpile but no gallium reserves
WASHINGTON (Reuters) – The Pentagon holds a strategic U.S. stockpile for germanium but currently has no inventory reserves for gallium,…
Surprise Canada May trade deficit points toward slowing economy
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada recorded a surprise trade deficit in May, a sign economic…
Fed’s Logan says more rate hikes needed amid unexpected economic strength
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there was…
Insight Partners raises $118 million fund to back underrepresented VCs
By Krystal Hu (Reuters) -Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund…