By Sinead Cruise LONDON (Reuters) -Trading app operator Robinhood Markets Inc. said on Thursday it would roll out brokerage services in Britain, as part of an international expansion plan to “de[...]
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Articles written by Reuters
GraniteShares plans to boost leverage levels on US single-stock ETFs
By Suzanne McGee (Reuters) – GraniteShares plans to increase the amount of leverage on most of its single-stock exchange-traded funds (ETFs) to 200%, allowing investors to make bigger bets on da[...]
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Four steps to land your dream job
By Chris Taylor NEW YORK (Reuters) – If scoring your dream job seems impossible, meet Priyanka Naik. Not long ago the tech executive was successfully helping to lead partnerships for social medi[...]
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Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
By Svea Herbst-Bayliss and Laura Sanicola (Reuters) – Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp[...]
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GM sees $9.3 billion hit from labor deals, outlines $10 billion buyback
By David Shepardson (Reuters) -General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost it $9.3 billion even as it outlined $10 billion in share buybacks, a 33% divid[...]
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State Street adds option to fully back corporate boards
By Ross Kerber BOSTON (Reuters) – State Street’s asset-management arm will give retail investors an option to fully back corporate boards as it brings online features to allow fund shareho[...]
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Hedge funds suffer net $7.6 billion outflows in October – eVestment
By Nell Mackenzie LONDON (Reuters) – Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly from low performing stock pickers as many of these funds failed to[...]
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Investors exit clean energy funds as higher interest rates bite
By Bansari Mayur Kamdar (Reuters) – The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise in interest rates, surging raw materials costs and s[...]
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Exclusive-European fund giant Amundi dips toe back into Turkey’s lira
By Marc Jones LONDON (Reuters) – Amundi, Europe’s largest asset manager and among the top 10 in the world, has started dipping its toe back into the Turkish lira having been impressed by t[...]
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