Economy & Finance

Data overload: commodity hedge funds close as computers dominate

Data overload: commodity hedge funds close as computers dominate

Published 12/02/2018

Chocfinger made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. [more…]

Stocks try a tentative bounce, bonds fret on U.S. inflation

Stocks try a tentative bounce, bonds fret on U.S. inflation

Published 12/02/2018

A visitor is seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, February 6, 2018. [more…]

Standard Life Aberdeen takes on Mexican airport developer in rare move

Standard Life Aberdeen takes on Mexican airport developer in rare move

Published 12/02/2018

MEXICO CITY/LONDON (Reuters) - A subsidiary of Standard Life Aberdeen Plc, one of the world’s largest asset managers, is pressuring a Mexican airport developer to [more…]

Trump budget plan to seek funds for border wall, infrastructure, opioi

Trump budget plan to seek funds for border wall, infrastructure, opioi

Published 12/02/2018

The top of five of U.S. President Donald Trump's eight border wall prototypes are shown near completion along U.S.- Mexico border near San Diego, California, [more…]

Exclusive: Amazon paid $90 million for camera maker’s chip technology

Exclusive: Amazon paid $90 million for camera maker’s chip technology

Published 12/02/2018

FILE PHOTO: Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/File PhotoSAN FRANCISCO (Reuters) - Amazon.com Inc [more…]

Bank lending in spotlight as Australian inquiry begins

Bank lending in spotlight as Australian inquiry begins

Published 12/02/2018

FILE PHOTO: The logo for the Commonwealth Bank of Australia adorns their head office in central Sydney, Australia October 12, 2017. REUTERS/David Gray/File PhotoSYDNEY (Reuters) [more…]

New York sues Weinstein Co., Harvey Weinstein over sexual misconduct

New York sues Weinstein Co., Harvey Weinstein over sexual misconduct

Published 12/02/2018

FILE PHOTO: Harvey Weinstein, Co-Chairman of the Weinstein Company, kicks off the Film Finance Circle conference with an informal discussion at the inaugural Middle East [more…]

Ford revs up large SUV production to boost margins, challenge GM

Ford revs up large SUV production to boost margins, challenge GM

Published 12/02/2018

A Ford worker inspects paint work on the body of a Ford Expedition SUV at FordÕs Kentucky Truck Plant as the No. 2 U.S. automaker [more…]

Alibaba signs deal to offer Disney shows on video platforms

Alibaba signs deal to offer Disney shows on video platforms

Published 12/02/2018

A view of the Alibaba Group booth during the 2018 CES in Las Vegas, Nevada, U.S. January 9, 2018. REUTERS/Steve MarcusSINGAPORE (Reuters) - Alibaba Group [more…]

Oil prices rise 1 percent as stocks markets steady

Oil prices rise 1 percent as stocks markets steady

Published 12/02/2018

FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S., September 28, 2014. REUTERS/Lucy Nicholson/File PhotoSINGAPORE (Reuters) - Oil prices rose by [more…]