China’s ‘common prosperity’ drive positive for wealth management industry – UBS
By Selena Li HONG KONG (Reuters) - China's drive for "common prosperity" to ease inequality could be a positive catalyst for the local wealth management industry, as it leads to expansion of the
Investor group warns livestock industry needs to do more on methane
By Simon Jessop and Ana Mano LONDON/SAO PAULO (Reuters) - A global push to cut methane emissions and end deforestation is at risk of being held back by weak corporate efforts in the livestock industry
Column-Perish the thought – stocks might fall :Mike Dolan
By Mike Dolan LONDON (Reuters) - You almost have to re-read the small print for a reminder that stocks may ever fall again.
Poorer U.S. households gained nearly a year’s spending from CARES Act – study
By Jonnelle Marte (Reuters) - Federal aid distributed as part of the CARES Act boosted U.S. households' ability to pay their bills after becoming unemployed, with lower-income households seeing the
Investors rush to tech, off reflation train – BofA survey
By Thyagaraju Adinarayan LONDON (Reuters) - Investors jumped off the reflation trade train, cut inflation expectations and rushed back to technology stocks on signs that global economies were in
Column-Wall Street boom or bubble? Don’t blame it all on the Fed: Jamie McGeever
By Jamie McGeever (Reuters) - Wall Street is screeching to yet another all-time high, just as the Fed's Jackson Hole symposium is set to address wealth inequality and the central bank's role in
Rising Treasury market illiquidity could pose financial market risk -BofA
By David Randall NEW YORK (Reuters) - Rising illiquidity in the $14.8 trillion U.S.
Morgan Stanley names Zema co-head of Latam investment banking
SAO PAULO (Reuters) - Morgan Stanley on Friday named Alessandro Zema as co-head of investment banking in Latin America, a post he will share with Jaime Martinez-Negrete, according to a statement.
Cathie Wood’s newest ARK ETF rises in first day of trading
By David Randall NEW YORK (Reuters) - A new socially focused fund from star stock picker Cathie Wood's ARK Invest rose 1.5% in its first day of trading Wednesday.
Billionaire Branson to launch European SPAC in Amsterdam – Sky News
(Reuters) - Billionaire businessman Richard Branson is set to launch his first-ever European blank-check company on the Amsterdam stock exchange in the coming months, Sky News reported on Friday.