Largest European pension fund ABP cut back US Treasury holdings last year
LONDON, Jan 23 (Reuters) – The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe’s…
‘Jobs, jobs, jobs’ the AI mantra in Davos as fears take back seat
Executives optimistic on AI despite fears of bubble, job lossesCisco projects completed faster with AI, says its presidentBill…
Trump housing plan to allow 401(k) money for down payments, adviser says
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Nickel gluts to zinc deficits: LME shadow stocks tell the story
LONDON, Jan 9 (Reuters) – Nickel’s turbo-charged rally was snuffed out on Wednesday by a super-sized delivery of…
HSBC launches UAE asset management business to tap into wealth influxÂ
DUBAI, Jan 12 (Reuters) – HSBC (HSBA.L), opens new tab is opening an asset management business in the…
Stocks wobble, dollar dips as Trump-Fed feud deepens
Powell calls threat of indictment a pretext to pressure ratesDollar falls broadly, S&P 500 futures down 0.5%Gold breaches…
Fitness tracking app Strava confidentially files for IPO, Information reports
Jan 8 (Reuters) – Fitness tracking app Strava has confidentially filed for an initial public offering in recent…
JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s (JPM.N), opens new tab asset management division no longer plans to use…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources sayÂ
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
S&P 500, Nasdaq end slightly down in holiday-thin trade, Meta gains on deal
Indexes down: Dow 0.2%, S&P 500 0.14%, Nasdaq 0.23%Meta shares up after it buys AI startup ManusEnergy, communication…