Category Archives:
Pershing Square unveils new stake in Alphabet
(Reuters) - Billionaire investor William Ackman has built a new stake in Alphabet worth $1.1 billion, according to a regulatory filing on Monday. According to the filing, Ackman's hedge fund Pershing ...
May 15, 2023
Anti-inflation fight may spur recession, investment opportunities -BlackRock
NEW YORK (Reuters) - Central bank efforts to tame inflation could spark a recession and market selloff that later this year or in 2024 leads to investment opportunities, the BlackRock Investment Insti...
May 15, 2023
U.S. announces plan to buy 3 million barrels for emergency oil reserve
(Reuters) -The U.S. Department of Energy said on Monday it will purchase 3 million barrels of crude oil for the Strategic Petroleum Reserve for delivery in August, and asked that offers be submitted b...
May 15, 2023
Golf-Thomas brings hard-earned lessons to PGA Championship defence
ROCHESTER, New York (Reuters) - Hard-earned lessons from months of frustrating results are driving Justin Thomas into his PGA Championship title defence this week in Rochester, New York, as the Americ...
May 15, 2023
Macron: France open to training Ukraine fighter jet pilots
PARIS (Reuters) - French President Emmanuel Macron said in an interview with France's TF1 television on Monday that France is open to training Ukrainian fighter jet pilots in France and that those tra...
May 15, 2023
US Treasury reinforces June 1 default date without debt ceiling hike
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - The U.S. Treasury Department said Monday it still expects to be able to pay the U.S. government's bills only through June 1 without a debt limi...
May 15, 2023
Natera wins $19 million US verdict from ArcherDX in cancer-detection patent case
By Blake Brittain (Reuters) - Genetic testing company Natera Inc convinced a Delaware federal jury on Monday to award it $19.3 million in damages from Invitae Corp's ArcherDX for infringing patents re...
May 15, 2023
Fed’s Barkin not yet convinced inflation is on steady path down
By Howard Schneider (Reuters) - Richmond Federal Reserve President Thomas Barkin on Monday said he is comfortable with the U.S. central bank moving to a data-dependent approach on whether to raise int...
May 15, 2023
Food aid cuts still ‘red line’ in debt ceiling talks, says Senate farm committee chair
By Leah Douglas WASHINGTON (Reuters) - Expanding work requirements for the largest U.S. food assistance program is still a "red line" in negotiations over raising the country's debt ceiling to avert a...
May 15, 2023
Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) - Australian fund Macquarie is raising legal hurdles over a plan backed by Italy's Treasury for state lender CDP to join forces with U.S. fund KKR ...
May 15, 2023
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