Odey Asset Management tells investors ‘confident’ banks will continue to work with fund – letter
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been…
Economy
China mutual fund sales dry up amid market gloom
By Summer Zhen and Samuel Shen HONG KONG (Reuters) – Money managers in China are struggling to lure retail investors,…
Ex-minister urges Beijing to lead in setting global EV battery standards
BEIJING/SHANGHAI (Reuters) – China should standardise requirements for electric vehicle (EV) batteries in order to keep its edge over other…
Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
(Reuters) -French software provider Dassault Systemes on Friday forecast a doubling of its earnings per share (EPS) by 2028, and…
How US stocks rose 20% from their lows, and where they might be going
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. stocks have defied fears of a recession, a banking crisis and…
Kim Kardashian seeks secret of private equity success as rising rates bite
By Emma-Victoria Farr BERLIN (Reuters) -Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in…
Instagram, YouTube, TikTok, Twitter target of EU crypto advertising complaint
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after…
Exclusive-Credit Suisse puts up China brokerage venture for sale -sources
By Selena Li and Engen Tham HONG KONG/SHANGHAI (Reuters) -Credit Suisse and a joint venture partner are seeking buyers for…
Marketmind: Fresh lira low, focus on Fed
A look at the day ahead in European and global markets from Kevin Buckland Another day, another market-positive appointment from…
China’s factory deflation steepens as demand wanes
By Joe Cash BEIJING (Reuters) – China’s factory gate prices fell at the fastest pace in seven years in May…