LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... More »
(Reuters) – Goldman Sachs Group Inc (GS.N) said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020 U.S. presidential e... More »
TORONTO (Reuters) – The Canadian government announced final regulations on Friday that should cut billions of dollars from patented drug prices that are among the highest in the world, overcoming heavy opposition from pharmaceutical companies who may eventuall... More »
(Reuters) – Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies including Russia agreed to extend their production cuts by even longer than expected. The bank lowere... More »
LONDON (Reuters) – Mario Draghi’s dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic ... More »
(Reuters) – Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert ... More »
(Reuters) – Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team. Fleischhacker, who has over 25 years of industry experience, joins from Bla... More »
MOSCOW (Reuters) – A Russian marketing agency has offered to help restaurants in cities hosting the soccer World Cup use fake reviews to bump up ratings on review site TripAdvisor, the agency’s owner has confirmed. Marketing company Bacon Agency says it can ci... More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett visits the BNSF booth before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., May 6, 2017. REUTERS/Rick Wilking/File Photo NEW YORK (Reuters) – Warren Buffett had a Valentine’s Day surprise for i... More »
FILE PHOTO: The Citibank building is seen in the financial district of Canary Wharf in London, Britain January 19, 2017. REUTERS/Kevin Coombs /File Photo (Reuters) – Citi Private Bank (CPB), a unit of Citigroup Inc that caters to wealthy individuals and famili... More »
Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday. More »
Citigroup Inc named Peadar MacCanna and Murat Demirel as trade co-heads for its treasury and trade solutions (TTS) business in Europe, Middle East and Africa (EMEA). More »
Swiss money manager GAM Holding AG named Adrian Gosden investment director. More »
RPMI Railpen, the British investment manager for the Railways Pension Scheme, named Jocelyn Brown senior investment manager of the company's sustainable ownership team. More »
Financial technology firm Calastone Ltd, which operates a fund transaction network, named Stephen Mohan as chief operating officer. More »
Netherlands-based Robeco Institutional Asset Management B.V. said it appointed Maureen Beshar as head of its United States business, effective immediately. More »
British investment management firm Tilney Group has appointed Tyrone Samsonroy and Ben Gibson as financial planners at its London office. More »
The U.S. Food and Drug Administration said on Tuesday it has approved Medicines Co's antibacterial drug for patients with complicated urinary tract infections (cUTI). More »
Independent investment management firm HQ Capital named Jeremy Katz as a co-head of its real estate group. More »
Financial services provider State Street Corp said on Friday it appointed Steve Cook as senior vice president within its U.S. investment services business. More »
Stifel Financial Corp said on Wednesday three financial advisers joined the private client group of its broker-dealer subsidiary, Stifel, Nicolaus & Co Inc. More »
Electronic broker Instinet LLC, a unit of Nomura Holdings Inc, named Scott Douglass as U.S. head of sales for its commission management services (CMS) business, based in New York. More »
Regulatory risk and compliance firm Exiger named Christopher McCavitt as managing director in the firm’s global investigations practice. More »
John Haynes, a senior vice president for Freepoint Commodities, has left the trading firm for Citigroup’s energy division, two sources familiar with the matter said on Monday. More »
Asset manager Natixis Global Asset Management named Oliver Bilal head of international sales and marketing responsible for Europe, Asia, Latin America and the Middle East. More »
Real estate investment manager LaSalle Investment Management appointed Brad Gries as head of U.S. acquisitions, effective Aug. 18. More »
Investment firm Adams Street Partners said on Thursday it hired industry veteran Martin vom Hagen to head its newly established office in Munich, Germany. More »
Dynasty Financial Partners LLC, which provides back-end support services to independent wealth management firms, said it had added Next Capital Management to its network of investment advisors. More »
Natixis SA appointed Jean Raby chief executive of Natixis Global Asset Management, effective Feb. 20. More »
JPMorgan Chase & Co said on Tuesday it hired three senior bankers to its corporate client banking division, to serve companies in the southern United States. More »
Advanced Micro Devices Inc (AMD) shares could double in a year as the chip maker recoups ground lost to Intel Corp and increases its market share in the graphic chips area dominated by Nvidia Corp, Barron’s said on Sunday. More »
A woman walks past a branch of Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo Mitsubishi UFJ Financial Group appointed Stuart Randell and Anders Maehre to the leveraged financ... More »
Mizuho Securities Asia Ltd, a unit of Mizuho Securities Co. Ltd, said it named Pramod Shenoi as regional head of FIG debt capital markets in December 2016. More »
Cerno Capital appointed Tom Milnes as business development director to assist with the investment manager’s intermediary client relationships and enhance compliance with investment needs. More »
U.S. first lady Michelle Obama helps prepare a salad using the summer crop from the White House Kitchen Garden at the White House in Washington June 12, 2014. REUTERS/Kevin Lamarque/File Phoro Michelle Obama will be ceding the title of first lady to Melania Tr... More »
Donald Trump holds a Purple Heart given to him during a campaign event at Briar Woods High School in Ashburn, Virginia. REUTERS/Eric Thayer For-profit education stocks have surged on expectations that President-elect Donald Trump and a Republican Congress may ... More »
Aedes aegypti mosquitoes are seen at the Laboratory of Entomology and Ecology of the Dengue Branch of the U.S. Centers for Disease Control and Prevention in San Juan, Puerto Rico, March 6, 2016. REUTERS/Alvin Baez/File Photo State officials in Florida on Frida... More »
The Symantec booth is seen during the 2016 Black Hat cyber-security conference in Las Vegas, Nevada, U.S. August 3, 2016. REUTERS/David Becker Symantec Corp shares could gain 25 percent or more following steps to cut costs and a recent acquisition that could p... More »
FRANKFURT The European Central Bank is planning to give euro zone banks non-binding guidance by the end of 2016 or early 2017 to cut their bad debt pile, raising the heat on lenders but not forcing their hand, sources said. The ECB, which supervises 129 of the... More »
NEW YORK Oaktree Capital Management urged newspaper publisher Tribune Publishing to negotiate a merger with Gannett Co Inc after it declined a purchase offer by Gannett, Barron’s reported, citing 13D filings from May 5-11. Oaktree holds 14.8 percent of Tribune... More »
HOUSTON The world’s top oil executives gathered in Houston this week seem to agree on one thing: this year is set to be so horrible that many skip right to 2017 and beyond to talk about hopes for market rebalancing that so far has eluded the battered industry.... More »
NEW YORK Executives of consumer-products giant Procter & Gamble Co (PG.N), the maker of Tide detergent and other household goods, should consider breaking up the company to improve its beleaguered performance, Barron’s financial newspaper said. The “radical ac... More »
U.S. video camera maker GoPro Inc (GPRO.O) shares could plunge to $25 from a recent $35 as its latest product launch underwhelms consumers and competition comes on strong, Barron’s said in a report on Sunday. Barron’s said investors in GoPro are “skittish” abo... More »
