Author Archives: Syndicated Content
Odey suspends flagship hedge fund after redemption pressure – Bloomberg News
(Reuters) -Odey Asset Management has suspended its flagship hedge fund after it was hit with redemption requests following the removal of founder Crispin Odey, Bloomberg News reported on Monday. The c...
Jun 26, 2023
Investors overly optimistic on speed, cost of taming inflation, says IMF
SINTRA, Portugal (Reuters) - The world's top central banks may need longer to get inflation back down to target and a fresh bout of financial turbulence could make the process even more protracted, th...
Jun 26, 2023
Aston Martin aims to hit adjusted profit, revenue targets by 2024-25, says FT
(Reuters) - Aston Martin Lagonda has forecast it would hit targets of 500 million pounds ($635.85 million) in adjusted profit and 2 billon pounds in revenue by 2024-2025, the Financial Times reported ...
Jun 26, 2023
US advances New York City congestion pricing plan
(Reuters) - The U.S. Transportation Department on Monday said it has cleared another hurdle for New York City's planned congestion mitigation pricing. The Federal Highway Administration released a Fin...
Jun 26, 2023
Turkey’s Erdogan, Greece’s Mitsotakis to meet at July NATO summit
ISTANBUL/ATHENS (Reuters) - Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis will meet on the sidelines of a NATO summit in Vilnius next month, Mitsotakis' office said on ...
Jun 26, 2023
US says it is a new thing to see Putin’s leadership directly challenged
By Simon Lewis WASHINGTON (Reuters) - The U.S. State Department on Monday said the situation in Russia remains dynamic days after an aborted mutiny, and said it does not have any assessment about the ...
Jun 26, 2023
Banks raised questions in 2020 about FTX-affiliated hedge fund’s wire activity, FTX says
By Hannah Lang (Reuters) - Certain banks working with FTX founder Sam Bankman-Fried's trading firm Alameda Research raised questions about the firm's wire activity as early as 2020, according to a rep...
Jun 26, 2023
Peru’s coca leaf farming expands along border, reaches record area
LIMA (Reuters) - Peru's land dedicated to the cultivation of coca leaves grew 18% to record highs in 2022, the country's anti-drug chief said Monday, notably in protected lands and indigenous Amazon v...
Jun 26, 2023
Pakistan summons US deputy mission chief over US-India statement
ISLAMABAD (Reuters) - Pakistan's foreign ministry on Monday summoned the U.S. embassy's deputy chief of mission to express concern over a statement last week by U.S. President Joe Biden and Indian Pri...
Jun 26, 2023
KPMG to cut 5% of US jobs in fresh round of layoffs
(Reuters) - KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a spokesperson for the Big Four accounting giant said ...
Jun 26, 2023
