Author Archives: Syndicated Content
Investors watch for quarter-end rebalancing in US stocks, bonds and options
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are watching a large hedged-equity fund's quarterly refresh of its options positions and quarter-end rebalancing by portfolio managers to potentiall...
Jun 26, 2023
Australia regulator asks Medibank to set aside $167 million after data breach
SYDNEY (Reuters) - Australia's banking regulator on Tuesday told insurer Medibank it would have to set aside A$250 million ($167 million) in extra capital, citing weaknesses identified in its informat...
Jun 26, 2023
Tesla on Autopilot crashes into stopped truck in Pennsylvania -police
By Hyunjoo Jin (Reuters) - A Tesla vehicle that was operating on its Autopilot software crashed into a stationary truck on a highway in Pennsylvania on Friday night, police said, adding to scrutiny of...
Jun 26, 2023
AutoZone’s long-time CEO Rhodes to step down next year
(Reuters) - AutoZone Inc CEO Bill Rhodes will step down in January next year after leading the company for more than 18 years, the U.S. car parts retailer said on Monday. Another company veteran, Phil...
Jun 26, 2023
Analysis-Emergence of Guatemalan anti-graft champion shakes up election
By Sofia Menchu and Dave Graham GUATEMALA CITY (Reuters) - Guatemalans fed up with persistent graft scandals on Sunday catapulted an unheralded anti-corruption candidate into a run-off for the preside...
Jun 26, 2023
JPMorgan Chase $290 million settlement with Epstein accusers wins preliminary approval
NEW YORK (Reuters) - A U.S. judge on Monday granted preliminary approval to JPMorgan Chase's $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank tur...
Jun 26, 2023
Brookfield’s reinsurance arm nearing deal to buy American Equity – source
By Anirban Sen (Reuters) -Canadian private equity firm Brookfield's reinsurance arm is nearing a deal to buy insurer American Equity Life Holding, a person familiar with the matter told Reuters on Mon...
Jun 26, 2023
Costa Rica unlocks $519 million from IMF for economic reform, climate programs
(Reuters) - Costa Rica has unlocked a total of around $519 million for its economic reform program and a climate and sustainability program, the International Monetary Fund (IMF) said on Monday. Aroun...
Jun 26, 2023
Marketmind: Inflation, rates worries supersede Russia stress
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Tuesday are set to open on the defensive, pressured by worries...
Jun 26, 2023
General Dynamics, American Rheinmetall chosen to compete to win potential $45 billion US Army vehicle contract
WASHINGTON (Reuters) - The U.S. Army has selected General Dynamics and American Rheinmetall to compete to replace the Bradley fighting vehicle, in a deal that could be worth more than $45 billion to t...
Jun 26, 2023
