By David Randall NEW YORK (Reuters) – The flagship fund of star stockpicker Cathie Wood hit an 11-month high Wednesday, […]
US airline stock valuations stuck on runway despite travel boom
By Rajesh Kumar Singh CHICAGO (Reuters) -Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. […]
Brazil’s Azul launches notes offering as part of broad restructuring plan
SAO PAULO (Reuters) – Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes […]
Property insurers’ ratings under pressure as risk rises, Morningstar says
(Reuters) – The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to […]
UAE gives $1 billion in reserve support to Pakistan
ISLAMABAD (Reuters) – The United Arab Emirates has deposited $1 billion with Pakistan’s central bank to support foreign exchange reserves, […]
Brazil services activity up more than expected in May
SAO PAULO (Reuters) – Services activity in Brazil grew by much more than expected in May from the previous month, […]
Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition
By Diane Bartz WASHINGTON (Reuters) -Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, […]
Fed’s Kashkari: Inflation fight must be won, new stress tests could help
(Reuters) – U.S. financial regulators should take steps to ensure banks can withstand further interest-rate hikes should the Federal Reserve […]