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Top StoriesSwitzerland’s Social Democrats Propose Shrinking UBS – Aargauer Zeitung
Top StoriesEuropean Shares Rise on US Debt Deal Optimism
Top StoriesNippon Steel Still in Talks With Teck as It Seeks Stake in Coal Asset
Top StoriesStalled US Debt Talks, Inflation Woes Hit Stocks
Global Shares Drop, Benchmark US Yields Ease Amid Debt Ceiling Deadlock
Date: May 23, 2023
NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continued without resolution. Hawkish comments from Federal Reserve officials about the possibility of further rate hikes sent the U.S. dollar to a two-month high. Oil futures extended their rally. Aides for...
The Pros and Cons of Renting Vs. Buying a Home: Which Is Right for You?
Date: May 23, 2023
The Pros and Cons of Renting vs. Buying a Home: Which is Right for You? When it comes to housing, people often debate between renting and buying a home. Renting means paying a landlord to live in a property without owning it, while buying a home involves obtaining a mortgage and owning the property. Both...
Aston Martin Stock Soars After $295 Million on Geely Investment
Date: May 18, 2023
Aston Martin stock soars after $295 million on Geely investment (Reuters) -Aston Martin’s stock popped nearly 22% on Thursday, after the luxury carmaker announced a 234 million pound investment by China’s Geely, that will see the automotive firm become its third-largest shareholder. Geely will acquire about 42 million ordinary shares from Chairman Lawrence Stroll’s Yew...
Blackstone, Thomson Reuters Consortium Sells $3.4 Billion Lseg Shares at Discount
Date: May 17, 2023
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock Exchange Group worth about 2.7 billion pounds ($3.41 billion), a bookrunner said on Wednesday. The placing of shares, which was upsized from 28 million,...
Asian Shares Tentative, US Debt Ceiling Talks Weigh on Risk Appetite
Date: May 17, 2023
SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remained risk averse, with the U.S. debt ceiling talks and a mixed set of economic data weighing on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.20% lower, while Australia’s S&P/ASX 200 index was...
Analysis-Investors’ Route to post-COVID China Is via Europe
Date: May 10, 2023
Analysis-Investors’ route to post-COVID China is via Europe By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Investors are getting more bang for their buck this year by buying European companies with a focus on China than buying Chinese companies themselves, a sign of the unevenness of China’s pandemic recovery and geopolitical concerns. Late last...