SYDNEY (Reuters) – Australia’s Macquarie Group said on Thursday it would buy U.S. wealth manager Waddell & Reed Financial Inc for $1.7 billion, its first…
View More Australia's Macquarie splurges $1.7 billion on U.S. adviser Waddell & Reed
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Dollar wallows near 2 1/2-year low on vaccine, stimulus optimism
TOKYO (Reuters) – The dollar licked wounds near a 2 1/2-year low against a basket of major currencies on Thursday as investors wagered that more…
View More Dollar wallows near 2 1/2-year low on vaccine, stimulus optimism
Australia's Macquarie Group to buy Waddell & Reed Financial for $1.7 billion
(Reuters) – Australian financial conglomerate Macquarie Group said on Wednesday its asset management unit will buy U.S.-based investment management firm Waddell & Reed Financial Inc…
View More Australia's Macquarie Group to buy Waddell & Reed Financial for $1.7 billion
Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets
NEW YORK (Reuters) – The safe-haven dollar sank to a fresh 2-1/2-year low in choppy trading on Wednesday, pressured once again by expectations of further…
View More Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets
Wall Street slips at open as monthly private payrolls disappoint
FILE PHOTO: The U.S. flag is seen on a building on Wall St. in the financial district in New York, U.S., November 24, 2020. REUTERS/Brendan…
View More Wall Street slips at open as monthly private payrolls disappoint
Storms, coronavirus and drought spread hunger to millions in Central America
JOCOTAN, Guatemala (Reuters) – The back-to-back hurricanes destroyed a small patch of corn that helped Tomasa Mendoza feed her five children in a tiny hamlet…
View More Storms, coronavirus and drought spread hunger to millions in Central America
US records biggest daily Covid death toll since May
America records its biggest daily COVID death toll since May with 2,473 fatalities – and a record 99,000 people are hospitalized Wednesday’s death toll was…
View More US records biggest daily Covid death toll since May
Biden to meet with U.S. workers hit by coronavirus pandemic
WASHINGTON (Reuters) – President-elect Joe Biden on Wednesday will meet with American workers and business owners hit by COVID-19 as he prepares to confront the…
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Italy regulator probes UnipolSai, Generali, Allianz for alleged unfair practices in car insurance
Slideshow ( 2 images )MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it had opened an investigation into insurers UnipolSai and Generali and Germany’s…
View More Italy regulator probes UnipolSai, Generali, Allianz for alleged unfair practices in car insurance
Biden says he will not immediately remove Phase 1 trade deal with China: NYT
(Reuters) – U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump…
View More Biden says he will not immediately remove Phase 1 trade deal with China: NYT
US investigators looking into political-bribery-for-presidential-pardon scheme
Investigators are looking into whether bribes were used to try to obtain presidential pardons in the US, according to federal court documents. The heavily redacted…
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Dollar plummets on U.S. stimulus hopes; bitcoin hits all-time peak
NEW YORK (Reuters) – The dollar stumbled on Tuesday to its lowest level in more than 2-1/2 years, as investors’ appetite for risk increased on…
View More Dollar plummets on U.S. stimulus hopes; bitcoin hits all-time peak
U.S. bank profits recover from early 2020 turmoil, still down from year prior
FILE PHOTO: People walk past a Citibank branch in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File PhotoWASHINGTON (Reuters) – U.S. bank profits were…
View More U.S. bank profits recover from early 2020 turmoil, still down from year prior
Delisting renewables company PNE would have a price, says top investor
FRANKFURT (Reuters) – Activist fund ENKRAFT has urged the leadership of renewables firm PNE AG to ensure investors are adequately compensated in the event of…
View More Delisting renewables company PNE would have a price, says top investor