Global equity funds see biggest weekly outflow in five weeks
(Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and…
Business
Chinese courier giant SF aims to raise up to $3 billion in Hong Kong listing – sources
By Julie Zhu and Scott Murdoch HONG KONG/SYDNEY (Reuters) – China’s largest express delivery company SF Holding Co Ltd plans…
Coty eyes dual listing on Paris Stock Exchange
(Reuters) – Coty Inc said on Friday it would explore a listing on the Paris Stock Exchange as the CoverGirl…
How investors are trading the U.S. debt ceiling
LONDON (Reuters) – A Washington stalemate on whether to increase the U.S. debt ceiling has raised the risk of a…
Adidas shares leap on results but CEO warns of bumpy year
By Helen Reid LONDON (Reuters) -Adidas reported better-than-expected quarterly results and said the Chinese market was improving, sending its shares…
Shipments from Ukraine slowing as Black Sea grain deal deadline nears
By Jonathan Saul LONDON (Reuters) – The pace of shipments from Ukraine under a U.N.-backed initiative has slowed as concerns…
UBS raises expectations for ECB’s terminal rate; SocGen sees it peaking at 4%
(Reuters) -Economists at UBS expect the benchmark interest rate in the eurozone to peak at 3.75%, while Societe Generale sees…
Malaysia in talks to bring back 1MDB-linked fugitive Jho Low
KUALA LUMPUR (Reuters) – Malaysia is negotiating with other countries to speed up the return of fugitive financier Low Taek…
Global copper smelting slides to two-year low in April -satellite data
LONDON (Reuters) – Global copper smelting activity slid in April to the lowest level in two years as Chinese operations…
Marketmind: Apple comforts as payrolls loom
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech delivered again, as another…