capital-markets
Top StoriesQueen Elizabeth’s Death: Reaction From Leading Figures in Britain
InvestingGlobal Equity Funds Attract Inflows for Second Week in a Row
Top StoriesRouble Falls Past 61 vs Dollar as Conversion of Depository Receipts Begins
Top StoriesCredit Suisse Steps up $440 Million Legal Dispute With SoftBank
Explainer-Britain and Regulators Square up Over post-Brexit Financial Reform
Date: August 11, 2022
By Huw Jones LONDON (Reuters) – Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest markets reform in two decades is expected by May 2023. Liz Truss, the front-runner to become Britain’s next...
Israel and Palestinian Militants Declare Gaza Truce
Date: August 8, 2022
By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) -Israel and the Palestinian Islamic Jihad militant group declared a truce late on Sunday, raising hopes of an end to the most serious flare-up on the Gaza frontier in more than a year. Israeli forces pounded Palestinian targets through the weekend, triggering rocket attacks against its cities,...
Kkr Profit Falls 9% on Lower Deal Fees
Date: August 2, 2022
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Tuesday its second-quarter after-tax distributable earnings fell 9% year-on-year, as a slowdown in dealmaking amid the market downturn resulted in a plunge in transaction fees it earns from its companies and clients. After-tax distributable earnings — which represents the cash used to...
Holcim Hikes Sales Outlook on Strong Construction Industry Demand
Date: July 27, 2022
By John Revill ZURICH (Reuters) – Holcim brushed off higher energy prices and rising interest rates to hike its full-year sales guidance on Wednesday after the world’s largest cement maker beat second-quarter forecasts. The Swiss company raised its full-year sales forecast to 10% from 8% on a like-for-like basis, which excludes the impact of currencies...
Ryanair Unsure of Return to pre-COVID Profit This Year, Tops Q1 Estimates
Date: July 25, 2022
By Conor Humphries DUBLIN (Reuters) -Ryanair on Monday said a return to pre-COVID levels of profitability this year was not certain even as it topped first-quarter estimates in what Chief Executive Michael O’Leary described as “a very strong but still fragile recovery”. The after-tax profit of 170 million euros ($174 million) for the quarter ended...
Analysis-Putin Bets on an Ancient Weapon in Ukraine: Time
Date: July 22, 2022
By Guy Faulconbridge LONDON (Reuters) – Russian President Vladimir Putin is betting on an ancient weapon more powerful than any of the missiles now being supplied by the United States and its European allies to Ukraine: time. Nearly five months since Putin ordered the Feb. 24 invasion that has devastated parts of Ukraine, Russia is...