By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) – Hargreaves Lansdown, a top British investment platform, has been hit by a multi-million pound lawsuit over the failure of fallen star manager Neil Woodford’s equity income fund, which left hundreds of thousands of investors nursing losses. Claims management firm RGL said it had filed the claim…
(Reuters) – Republican presidential candidate Donald Trump said on Tuesday that he will put a 100% tariff on every car coming into the United States across the Mexican border if he wins the Nov. 5 election against Democratic Vice President Kamala Harris. “We will put a 100% tariff on every single car coming across the…
(Reuters) -Global farm commodities trader Bunge Ltd reported a 17.1% rise in fourth-quarter adjusted profit on Wednesday, bolstered by strength in its core agribusiness as well as refined and specialty oils segments. Bunge’s results offer the latest look into how multinational grain companies have weathered shifts in demand and supply chain disruptions caused by the…
By David Shepardson WASHINGTON (Reuters) – The White House is ramping up efforts to tout the $1 trillion bipartisan infrastructure bill and the effort to refurbish roads, bridges and airports and reduce emissions. U.S. Transportation Secretary Pete Buttigieg will go on a four-day, six-state tour starting Tuesday, visiting Florida, Oklahoma, Minnesota, Ohio, Nevada and New…
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping a close eye on primary elections on Sunday, which will reveal the likely outcome of the Oct. 22 general ballot, with a major market crash after the same vote in 2019 still seared in their memories. The primary, which unusually is…
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a steep drop in U.S. crude stocks compounded worries of tight global supplies. Brent crude futures closed up $2.59, or 2.8%, at $96.55. It breached $97 a barrel during the session. U.S. West Texas Intermediate crude…
NEW YORK (AP) — Growth slammed into reverse at the start of this year for Robinhood Markets, whose trading app has turned millions of people into investors for the first time. The company said Thursday that it took in $299 million in revenue during the first three months of the year, down 43% from a…
WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corporate America that had long seemed untouchable. Under the bill President Joe Biden is scheduled to sign into law Tuesday, companies will face…
By Sabrina Valle (Reuters) – U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy. Record profits this year by oil companies benefiting from high energy prices have…
NEW YORK (AP) — Super Bowl advertisers this year want Americans to forget about pandemic woes and focus on the future: of electric vehicles, mind reading Alexas, robots and cryptocurrency — and also to harken back to the nostalgic past of ’90s movies like “Austin Powers” and “The Cable Guy.” The Los Angeles Rams are…
