India’s equity mutual fund inflows hit record high in June, data shows
BENGALURU, July 9 (Reuters) – Inflows into India’s equity mutual funds rose 17% sequentially to a record high of 406.08 billion rupees […]
Barclays aims to triple staff across key Asia wealth markets, Bloomberg News reports
July 10 (Reuters) – UK’s Barclays (BARC.L), opens new tab plans a major hiring spree in Asia to expand client assets over the next […]
Fed’s Powell defends central bank independence as challenges loom
NEW YORK, July 9 (Reuters) – Federal Reserve Chair Jerome Powell said on Tuesday central bank independence is a proven and politically […]
Australia auto parts retailer Bapcor rejects Bain Capital’s $1.2 bln bid
SYDNEY, July 9 (Reuters) – Australian auto parts retailer Bapcor (BAP.AX), opens new tab rejected on Tuesday the A$1.83 billion ($1.23 billion) buyout offer […]
New UK government puts wealth fund at heart of investment push
LONDON, July 9 (Reuters) – Britain’s new government took a first step on Tuesday to boost public and private investment to modernise […]
Shell to Take Up to $2 Billion Impairment Hit, Expects Weaker Gas Trading
Shell SHEL 0.02%increase; green up pointing triangle expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant […]
Former PrivatBank owner accused in fraud case left Ukraine illegally, investigators say
KYIV, July 9 (Reuters) – Ukraine’s State Bureau of Investigation was looking into Gennadiy Bogolyubov, former co-owner of PrivatBank, who is suspected […]
UK investors buy record $14.5 billion of stocks this year, Calastone says
LONDON, July 3 (Reuters) – British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six […]
China refines financial stability law to strengthen risk prevention
BEIJING, July 1 (Reuters) – China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to […]
Microsoft settles California probe over worker leave for $14 million
July 3 (Reuters) – Microsoft Corp (MSFT.O), opens new tab has agreed to pay $14 million to settle a California agency’s claims that it […]
Lufthansa gets EU nod to buy $350 million stake in Italy’s ITA
BRUSSELS/FRANKFURT/ROME, July 3 (Reuters) – Lufthansa (LHAG.DE), opens new tab won EU antitrust approval to buy 41% of ITA Airways for 325 million euros […]
US equity funds see upbeat demand on rate cut expectations
July 5 (Reuters) – Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy […]