By Maiya Keidan and Svea Herbst-Bayliss TORONTO, BOSTON (Reuters) -Stock-picking hedge funds ended a volatile January with losses after markets went on a roller-coaster ride on geopolitical turmoil and the prospect of rising interest...
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Feb 2, 2022 | Business, Economy, Europe, UK, US
By Maiya Keidan and Svea Herbst-Bayliss TORONTO, BOSTON (Reuters) -Stock-picking hedge funds ended a volatile January with losses after markets went on a roller-coaster ride on geopolitical turmoil and the prospect of rising interest...
READ MOREFeb 2, 2022 | Business, Economy, Europe, Middle East, UK, US
By David Gaffen NEW YORK (Reuters) – Oil prices edged up on Wednesday after OPEC+ stuck to planned moderate output increases despite pressure from top consumers to raise output more quickly. Brent crude ended settling up 31 cents to...
READ MOREFeb 2, 2022 | Business, Economy, Europe, UK
By Ananya Mariam Rajesh and Uday Sampath Kumar (Reuters) -Michael Kors owner Capri Holdings on Wednesday reported a 24% jump in holiday-quarter sales and raised its full-year outlook, saying it would further increase prices across its...
READ MOREFeb 2, 2022 | Business, Economy, Europe, UK
ZURICH (Reuters) – Former Credit Suisse chairman Antonio Horta-Osorio has been ordered to pay a fine of 2,000 Swiss francs ($2,178) after breaking COVID-19 quarantine rules, prosecutors said on Wednesday, following his resignation...
READ MOREFeb 2, 2022 | Business, Economy, Europe, UK
LONDON (Reuters) – Analysts are upgrading their expectations for Europe’s fourth-quarter earnings season, which has seen a steep increase in companies announcing consensus-beating results, according to the latest data from...
READ MOREFeb 2, 2022 | Asia, Australia, Business, Economy, Europe, UK
By Ernest Scheyder, Byron Kaye and Praveen Menon (Reuters) – Anglo-Australian miner Rio Tinto’s admissions of sexual assault, racism and bullying in an internal report have sparked calls from investors for the entire industry...
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