By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds look to be on the right side of the seismic moves in Treasuries that have propelled short-dated borrowing costs higher, intensified flattening pressures across the yield curve, and ripped up the consensus 2022 U.S. interest rate outlook. Futures market data for the week through Feb. 8 …
Column-Funds on right side of historic U.S. bond market move: McGeever Read More »
A look at the day ahead in markets from Dhara Ranasinghe. Central banks and their interest rate intentions are taking a back seat for markets on Monday, following warnings that Russia could invade Ukraine at any time. Asian shares outside Japan are down about 1.5%, Tokyo’s Nikkei has slid over 2% and European stock futures …
(Reuters) – U.S. arms maker Lockheed Martin Corp called off plans on Sunday to acquire rocket engine maker Aerojet Rocketdyne Holdings Inc for $4.4 billion amid opposition from U.S. antitrust enforcers. The Federal Trade Commission sued to block the deal in late-January on the grounds that it would allow Lockheed to use its control of …
Lockheed scraps $4.4 billion deal to buy Aerojet amid regulatory roadblocks Read More »
By Tom Sims, Lawrence White and John O’Donnell FRANKFURT (Reuters) -Amid fears of a Russian invasion of Ukraine, Italy’s UniCredit has backed out of a potential acquisition in Russia and Austria’s Raiffeisen Bank International has set aside risk provisions for possible sanctions on Russia. What the region’s banks now fear most is that Russia gets …
Europe’s banks fear payment system could be casualty of Russia-Ukraine crisis Read More »
By Nick Carey and Anthony Deutsch LONDON/UTRECHT, Netherlands (Reuters) – As electric vehicle (EV) sales rise, the big question for power grid operators, charging companies and governments is how to run tens of millions of vehicles without crashing local networks or spending billions on grid upgrades. The answer: smart charging. Simply put, smart charging software …
Smart charging may be key to saving power grid in world of EVs Read More »
By Byron Kaye and Shashwat Awasthi SYDNEY (Reuters) – Crown Resorts Ltd backed a $6.3 billion buyout from private equity giant Blackstone Inc on Monday, giving billionaire James Packer an exit route from the Australian casino firm beset by scandals and regulatory setbacks. Packer will cash in his chips a decade and a half after …
Australia’s Crown Resorts backs $6.3 billion Blackstone bid, ending Packer era Read More »
TOKYO (Reuters) -Japanese beverage maker Kirin Holdings said on Monday it would withdraw from its business in Myanmar and terminate its joint venture with a military-linked partner. Kirin has been in a dispute with local partner Myanma Economic Holdings Public Company Limited (MEHPCL) on how to wind-down their brewery venture following a military coup against …
Japan brewer Kirin to exit Myanmar, seek sale of two units Read More »
SINGAPORE (Reuters) – HSBC said on Monday it has appointed Luanne Lim as the chief executive officer of its Hong Kong business, its biggest market, as the Asia-focussed bank looks to expand its investment across the region. Lim was named the interim chief executive in September and had previously been the chief operating officer of …
(Reuters) – Rio Tinto said on Monday it has agreed a heritage protection plan with an Indigenous group for a project in West Australia as it looks to avoid a repeat of the backlash it faced for destroying the sacred Juukan Gorge rock shelters. In a statement, the company said the agreement, with the Yinhawangka …
Rio Tinto agrees heritage protection plan for West Australia iron ore project Read More »
By Abhirup Roy MUMBAI (Reuters) – The former head of India’s largest stock exchange shared confidential information with a yogi and sought his advice on crucial decisions, a probe by the market regulator has found, ahead of the bourse’s much-awaited public listing. In a case of “bizarre misconduct” that was a “glaring breach” of regulations, …
Himalaya yogi ran India’s top bourse as puppet master, regulator says Read More »
