By Nell Mackenzie LONDON (Reuters) -Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman Sachs note sent to clients on Thursday. Since the beginning of March, the S&P 500 has fallen almost …
Hedge fund pessimism over Wall Street hits 5-year high, Goldman says Read More »
(Reuters) – U.S. equity funds saw the largest net outflows in three months in the week through March 19 on worries about the impact of U.S. tariff policies and caution ahead of a monetary policy decision from the Federal Reserve. According to LSEG Lipper data, investors pulled $33.53 billion from U.S. equity funds during the …
US equity funds’ weekly outflows surge to a three-month high on tariff concerns Read More »
By Clare Jim HONG KONG (Reuters) -CK Hutchison’s shares fell on Friday after it reported weak earnings and dividends, while pro-Beijing newspaper published a fresh editorial saying the firm’s controversial port sale could potentially violate Hong Kong’s national security laws. The telecoms-to-retail conglomerate , owned by billionaire Li Ka-shing, has been caught in China’s crosshairs …
By Laurie Chen, Tingshu Wang and Xiaoyu Yin BEIJING (Reuters) – In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs and commercial bread ovens waiting to be resold to dining establishments. “For the average person, opening a restaurant is almost a guaranteed failure,” …
China’s restaurants race to the bottom in deflation-hit economy Read More »
By Mike Stone WASHINGTON (Reuters) – Anduril Industries has been selected by the U.S. Army to develop a new 4.75-inch solid rocket motor for long-range precision rocket artillery missions, the company said on Friday. Demand for rocket motors is soaring worldwide because of wars in Ukraine and the Middle East. Other militaries are also realizing …
US Army asks Anduril for new small solid rocket motor Read More »
By Leika Kihara TOKYO (Reuters) -Japan’s core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price pressure that reinforces market expectations of further interest rate hikes. The data came in the wake of Bank of Japan …
Japan’s core inflation hits 3% in February, keeps alive BOJ rate-hike bets Read More »
(Reuters) -Reports of an Instagram outage in the U.S. on Thursday evening dropped significantly, according to outage tracking website Downdetector.com, indicating that the issue has largely been resolved for many users. As of 8:34 p.m. ET, there were only 429 incidents reported, down from 19,431 earlier, according to the website that tracks outages by aggregating …
Meta’s Instagram outage in US nearly resolved as reports drop, Downdetector shows Read More »
SAO PAULO (Reuters) -Brazilian cosmetic group Natura announced on Thursday a leadership shake-up as well as a restructuring proposal that would swap out the entity that is listed on the local stock exchange. Under the plan, set to be voted on by shareholders on April 25, the currently listed holding company Natura&Co will be integrated …
Brazilian cosmetics group Natura to revamp structure, leadership Read More »
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed slightly lower on Thursday after veering between gains and losses as investors gauged the latest round of economic data and the Federal Reserve’s policy statement against tariff concerns. Selling pressure has intensified in recent weeks after a string of economic indicators signaled the economy and consumer …
Stocks slip in choppy trade as economic, tariff outlook eyed Read More »
By Valerie Volcovici WASHINGTON (Reuters) – U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining road in Alaska, carrying out President Donald Trump’s executive order to remove barriers to energy development in the state. Burgum …
Trump administration to open more Alaska acres for oil, gas drilling Read More »
