Category Archives:
Hedge fund lobby group supports shareholder rights in Masimo case
By Svea Herbst-Bayliss NEW YORK (Reuters) - The hedge fund industry trade association MFA on Thursday backed an activist investment firm's push to reverse "draconian" amendments to medical device comp...
Syndicated Content Feb 02, 2023
Factbox-High-altitude spy balloons: old concept, new applications
(Fixes dropped letters in bullet point 2) (Reuters) -U.S. officials said on Thursday that a Chinese "surveillance balloon" has been flying over the United States for several days. Using high-altitude ...
Syndicated Content Feb 02, 2023
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) - Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast. Apple Inc, Google parent ...
Syndicated Content Feb 02, 2023
Investor Ryan Cohen takes stake in Nordstrom – WSJ
(Reuters) - Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the department-store chain to make changes to its board after a decline in share prices, the W...
Syndicated Content Feb 02, 2023
U.S. says Sime Darby Plantation products no longer produced with forced labour
KUALA LUMPUR (Reuters) - U.S. customs authorities said palm oil products made by Sime Darby Plantation were no longer produced with forced labour, in a sign that a two-year import ban on the Malaysian...
Syndicated Content Feb 02, 2023
China to fully resume travel with Hong Kong, Macau on Feb 6
By Farah Master and Twinnie Siu HONG KONG (Reuters) -China said on Friday that cross border travel between the mainland, Hong Kong and Macau would fully resume from Feb. 6, dropping existing quotas an...
Syndicated Content Feb 02, 2023
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as its performance ha...
Syndicated Content Feb 02, 2023
China Jan services activity expands for first time in five months – Caixin PMI
BEIJING (Reuters) - China's services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, sending business co...
Syndicated Content Feb 02, 2023
RBA to lift rates 25 bps on Feb 7, once more to 3.60% in March: Reuters poll
By Devayani Sathyan and Sujith Pai BENGALURU (Reuters) - The Reserve Bank of Australia will deliver a fourth successive quarter-point interest rate hike on Tuesday and is likely to follow up with a fi...
Syndicated Content Feb 02, 2023
Oil heads for weekly loss awaiting China recovery signs
By Sonali Paul MELBOURNE (Reuters) - Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recove...
Syndicated Content Feb 02, 2023
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