Middle East asset manager Investcorp eyes up to $550 million in first China yuan fund
By Roxanne Liu and Kane Wu BEIJING Bahrain-based alternative asset manager Investcorp is aiming to raise 2 billion
2023-11-14 16:18
UniCredit CEO Orcel's 'bank of Europe' ambition tough to realise
By Valentina Za MILAN UniCredit Chief Executive Andrea Orcel struck a defiant tone when his bank recently topped
2023-11-14 14:29
Workers United calls for walkouts at hundreds of Starbucks stores on Red Cup day
The Workers United union said on Monday that thousands of employees at hundreds of Starbucks stores will walk
2023-11-14 08:52
Juul Labs raises $1.3 billion in funding
Juul Labs said on Monday it has raised $1.3 billion in equity financing from a total offering amount
2023-11-14 07:23
Canadian insurer Sun Life's Q3 profit falls
Canada's Sun Life Financial posted a fall in third-quarter profit on Monday, hurt by a lower income from
2023-11-14 06:25
Asset manager GMO's first ETF will focus on 'quality' companies
By Suzanne McGee GMO LLC, the asset management firm co-founded by veteran investor Jeremy Grantham, will launch its
2023-11-14 04:22
Fidelity rolls out suite of new ETFs, slashes fees
By Suzanne McGee Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions
2023-11-14 02:28
Hyundai offers higher wage structure for some US employees
Hyundai Motor on Monday announced a higher wage structure for its production team members at its manufacturing facility
2023-11-14 00:51
Fitch plans to withdraw ratings of Country Garden Services
Global ratings agency Fitch said on Monday it plans to withdraw all the ratings on China's Country Garden
2023-11-13 11:20
Australia sovereign wealth fund should be preserved, not spent -chair
By Lewis Jackson SYDNEY Australia's financial position will be more precarious and credit rating at risk should the
2023-11-13 09:25
Hyundai Motor breaks ground on $1.5 billion EV plant in South Korea
By Heekyong Yang ULSAN, South Korea Hyundai Motor Co on Monday broke ground on a 2 trillion won
2023-11-13 09:17
Hedge funds short US financial stocks at near record levels -Goldman Sachs
By Carolina Mandl NEW YORK Global hedge funds built bearish positions this week to the highest level in
2023-11-11 06:48