Author Archives: Syndicated Content
Galois Capital flagship fund to close after FTX losses
By Nell Mackenzie and Elizabeth Howcroft LONDON (Reuters) -Galois Capital hedge fund founder Kevin Zhou said on Monday his flagship fund would close after "losing almost half" of the fund's money when...
Thomson Reuters Feb 20, 2023
Turkey not exporting items for use in Russia war effort - Foreign Minister
ANKARA (Reuters) - Turkey is not exporting products that could be used in Russia's war effort, Foreign Minister Mevlut Cavusoglu said on Monday, after U.S. warnings this month about exports of chemica...
Thomson Reuters Feb 20, 2023
Britain begins post-Brexit asset management revamp, focus on liquidity
By Huw Jones LONDON (Reuters) -Britain set out plans on Monday for a post-Brexit review of its rules for the 11 trillion pound ($13.2 trillion) asset management sector, with a focus on bolstering liqu...
Thomson Reuters Feb 20, 2023
Mauritius halts flights, shuts stock exchange as cyclone Freddy approaches
PORT LOUIS (Reuters) - Mauritius on Monday grounded flights and shut its stock exchange as Tropical Cyclone Freddy approached, posing a "direct threat" to the Indian Ocean island. A Class III cyclone ...
Thomson Reuters Feb 20, 2023
Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had earlier announced plans...
Thomson Reuters Feb 20, 2023
Broken wires, faulty renovation caused deadly India bridge collapse, probe finds
By Sumit Khanna AHMEDABAD, India (Reuters) - Broken corroded wires, improper welding and changes to the walking surface of a 145-year-old hanging bridge in India contributed to its collapse last year ...
Thomson Reuters Feb 20, 2023
China's solar, wind power projects need more policy support, says energy authority
BEIJING (Reuters) - China's renewable energy projects are struggling to get access to land, while in some areas, the grid cannot absorb all the power generated, the country's energy authority said, as...
Thomson Reuters Feb 20, 2023
G20 watchdog says commodity market concentration poses threat to wider economy
By Huw Jones LONDON (Reuters) - The pandemic and war in Ukraine highlighted weaknesses in commodity markets where a 'significant' concentration of firms, banks, exchanges and clearing houses threatens...
Thomson Reuters Feb 20, 2023
Iran rejects Israeli claims on oil tanker attack - foreign ministry
DUBAI (Reuters) -Iran denies Israel's accusation that Tehran targeted an Israeli oil tanker on Feb. 10, Iranian foreign ministry spokesperson Nasser Kanaani said on Monday. The captain of the Liberian...
Thomson Reuters Feb 20, 2023
French Finance Minister to meet retailers this week over food inflation worries
By Dominique Vidalon PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday he will meet retailers this week to find ways to help shoppers cope with high food price inflation, with a ...
Thomson Reuters Feb 20, 2023
