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FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo LONDON (Reuters) – BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and… Read moreBlackRock Investment Institute ‘modestly positive’ on risk assets for 2020
BOSTON (Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Capital Management has made a new bet on Agilent Technologies Inc, according to a regulatory filing made on Monday. This marks the second time Ackman’s $7 billion fund has… Read moreAckman’s Pershing Square makes new bet on Agilent Technologies
Finland’s Social Democratic party has named Sanna Marin, the current transportation minister, as the new PM, which would make Sanna the country’s youngest prime minister ever, according to Reuters. What Happened Finland’s Social Democratic party on Sunday voted to select Sanna Marin,… Read moreFinland Elects Its Youngest Ever Prime Minister
The Kingdom of Saudi Arabia has relaxed laws requiring restaurants to have gender-segregated entrances, Reuters reported on Sunday. What Happened The restaurants were previously required to have two separate entrances for men coming in alone and for families, including women, according to… Read moreSaudi Arabia Eases Gender Segregation In Restaurants
California Governor Gavin Newsom has asked President Trump to release funding to combat the state’s ongoing homelessness problem, according to Reuters. What Happened Gavin asked President Trump to stop holding up the federal housing vouchers that, if released, would help… Read more‘With A Single Stroke Of Your Pen, You Can Make A Major Impact,’ California Governor To Trump On Homeless Funds
U.K. caver Vernon Unsworth testified for the second day in a row on Thursday in a defamation case he has filed against Tesla Inc (NASDAQ: TSLA) and SpaceX founder Elon Musk in a Los Angeles court. No Apology For Musk… Read more‘Did Someone At 10 Downing Street Ask If You Were A Paedophile?’ Musk’s Lawyer To UK Caver
BOSTON (Reuters) – Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap… Read moreInvestor to oppose Instructure’s plans to sell to Thoma Bravo
General Motors Company (NYSE: GM) could form a joint venture with South Korean chemical company LG Chem Ltd. to manufacture electric vehicle batteries in Ohio, unnamed sources said to Reuters. What Happened Reliable sources told Reuters that General Motors… Read moreGM And LG Chem To Launch EV Battery Factory In Ohio: Sources
The democratic impeachment inquiry against President Donald Trump is just based on some confusion over semantics, or so is the president’s latest argument. What Mr. President Tweeted Again “When I said, in my phone call to the President of Ukraine,… Read moreBy ‘Us,’ I Meant The US, Trump Says As Impeachment Inquiry Progresses
NEW YORK (Reuters) – The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to… Read moreTop U.S. stockpickers keep low profile
Markets in Asia were down on Wednesday over a series of events suggesting that the U.S.-China relations could worsen further. What Happened President Donald Trump said on Tuesday that the “phase one” of the trade deal between the U.S. and China… Read moreMarkets In Asia Down Over Trump’s Comments And House Bill
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday testified in the defamation case filed against him by a U.K. caver in Los Angeles, Reuters reported. What Happened The caver Vernon Unswoth is suing Musk for calling him a “pedo guy,” among other… Read more‘Thought He Was Just Some Random Creepy Guy,’ Musk Testifies In Defamation Case
WASHINGTON (Reuters) – U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure “responsible use” of non-traditional sources of financial data to help determine whether a potential customer is credit worthy. In a… Read moreU.S. banking regulators urge ‘responsible use’ of alternative lending data
WASHINGTON (Reuters) – The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in instances when it may be too expensive for the… Read moreU.S. consumer watchdog proposes exemptions for banks, credit unions on remittances
China has suspended U.S. military ships and aircraft from entering Hong Kong and announced sanctions against certain US-based NGOs on Monday. What Happened China on Monday declined the US applications to visit Hong Kong by their military ships and aircraft…. Read moreChina Punishes US For Supporting Hong Kong
