Author Archives: Syndicated Content
Hedge fund Cinctive sees potential bargains as volatility roils markets
By Svea Herbst-Bayliss BOSTON (Reuters) - Cinctive, a hedge fund that nearly tripled assets since its 2019 launch, is looking to capitalize on the market volatility stirred up by the Omicron variant o...
Dec 06, 2021
Investors brace for potential hit to earnings because of Omicron
By Caroline Valetkevitch NEW YORK (Reuters) - As details of a new COVID-19 variant emerge, investors are bracing for a potential hit to U.S. corporate earnings, particularly among retailers, restauran...
Dec 06, 2021
Erdogan’s visit to Qatar to yield deals but no MbS meeting
By Andrew Mills and Orhan Coskun DOHA (Reuters) - Doha and Ankara said on Monday they will sign dozens of deals during a visit to Qatar by Turkish President Tayyip Erdogan, who also sought to meet Sau...
Dec 06, 2021
AAA Michigan says gas prices are down seven cents this week, but up $1.21 over last year
DEARBORN, MI (WKZO AM/FM) – AAA Michigan says gas prices in the state decreased seven cents compared to last week, with drivers are now paying an average of $3.25 per gallon for regular unleaded...
Dec 06, 2021
Bitcoin’s flash crash crimps year-end bulls
By Medha Singh and Lisa Pauline Mattackal (Reuters) - A flash weekend bitcoin crash that wiped out a fifth of its value and caused $2 billion worth of positions to be liquidated has soured investor ex...
Dec 06, 2021
Biden and Putin head into Ukraine talks with scant room for compromise
By Tom Balmforth and Trevor Hunnicutt MOSCOW/WASHINGTON (Reuters) - Presidents Joe Biden and Vladimir Putin have a chasm of mutual distrust to bridge when they hold a virtual meeting on Tuesday in the...
Dec 06, 2021
EU sources say no immediate plan for easing Omicron travel curbs on southern Africa
(Reuters) - European Union health ministers will discuss the coronavirus pandemic and the spread of the Omicron variant on Tuesday, but are not expected to make any decision on easing travel restricti...
Dec 06, 2021
Share buybacks by firms globally hit a three-year high
(Reuters) - Companies are generously rewarding their shareholders through share buybacks this year, using higher profits and cash flows as they recover from 2020's pandemic-induced slowdown. According...
Dec 06, 2021
Exxon Mobil to achieve net zero GHG emissions in Permian operations by 2030
(Reuters) - Oil major Exxon Mobil Corp said on Monday it aims to achieve net zero greenhouse gas (GHG) emissions from operated assets in the U.S. Permian basin by 2030, expanding its emission-reductio...
Dec 06, 2021
Norway to tighten COVID restrictions, health minister says
OSLO (Reuters) - The Norwegian government will introduce additional measures to limit the spread of COVID-19 following a recent surge of infections, the health minister told public broadcaster NRK on ...
Dec 06, 2021
