By David Randall NEW YORK (Reuters) -Can Walt Disney Co bank on another hit sequel? That appears to be the hope behind the company’s surprise decision to bring back former chief executive Bob Ig[...]
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Fed’s Mester says she supports smaller rate hike in December
(Reuters) -The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions to help bring down high inflation while keeping the economy hu[...]
Read moreInvestors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange F[...]
Read moreMorgan Stanley IM launches $1 billion climate-focused private equity strategy
By Virginia Furness LONDON (Reuters) – Morgan Stanley Investment Management said on Monday it had launched a new $1 billion private equity strategy to invest in companies which will remove 1 gig[...]
Read moreBlackRock increases investment grade credit overweight
NEW YORK (Reuters) -Asset manager BlackRock said on Monday it had increased its strategic overweight on investment grade credit due to attractive valuations and the income potential coming from corpor[...]
Read moreJP Morgan remains world’s biggest systemically important bank
LONDON (Reuters) -JP Morgan remains the world’s most systemically important bank according to the latest rankings from the G20’s Financial Stability Board published on Monday. The FSB bega[...]
Read moreDeutsche Bank sees U.S. leveraged loan defaults near record highs in 2024
By Chiara Elisei (Reuters) -Default rates on U.S. leveraged loans will hit a near-record high of 11.3% in 2024, while defaults on euro leveraged loans will hit 7.1%, as the global economic outlook det[...]
Read moreAmerican Airlines, JetBlue alliance will harm travelers, U.S. argues
By David Shepardson (Reuters) – Lawyers for the U.S. Justice Department said American Airlines Group’s alliance with JetBlue Airways Corp would harm travelers while the airlines pushed bac[...]
Read moreFed’s Collins declines to say how far Fed will hike rates
By Michael S. Derby BOSTON (Reuters) – Federal Reserve Bank of Boston President Susan Collins on Friday declined to say how far the central bank will need to raise rates given uncertainty over t[...]
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