Author Archives: Syndicated Content
Singapore expects full tourism recovery by 2024
By Chen Lin SINGAPORE (Reuters) - Singapore's international arrivals beat forecasts in 2022, paving the way for its tourism sector to recover to pre-pandemic levels by 2024, its tourism authority said...
Jan 17, 2023
BofA global fund manager: shows allocation to U.S. stocks collapses
LONDON (Reuters) - Fund managers' allocation to U.S. equities collapsed in January and a net 39% said they had an underweight position, the most since October 2005, a BofA survey of global investor vi...
Jan 17, 2023
State Street CEO says had no idea about leverage in LDI funds
LONDON (Reuters) - State Street said on Tuesday it was unaware how much leverage was tied to liability-driven investment (LDI) funds which came under extreme stress last year after UK government bond ...
Jan 17, 2023
Luxury giant LVMH tops 400 billion euro in market value
MILAN (Reuters) - Shares in LVMH rose to a fresh record high on Tuesday, pushing the luxury good group's market cap above 400 billion euros for the first time ever. Like other luxury companies which a...
Jan 17, 2023
United Internet subsidiary Ionos plans IPO in Q1
By Emma-Victoria Farr and Hakan Ersen BERLIN/FRANKFURT (Reuters) -United Internet subsidiary Ionos said on Tuesday it would undertake a prime standard listing of its shares this quarter on the Frankfu...
Jan 17, 2023
Al Shabaab kills seven soldiers in attack on military base
By Abdi Sheikh MOGADISHU (Reuters) - Islamist fighters from al Shabaab on Tuesday stormed a military base in a part of central Somalia they were forced from last year, killing at least seven soldiers,...
Jan 17, 2023
Indonesia court hears class-action suit after children die from tainted cough syrup
JAKARTA (Reuters) - Families of Indonesian children who died because of tainted cough syrup demanded restitution as an Indonesian court on Tuesday started hearing their class-action lawsuit against go...
Jan 17, 2023
EU's Gentiloni: Very good partnership with the U.S. but we must support our competitiveness
BRUSSELS (Reuters) - The partnership between the European Union and the United States is "very good", said European Commissioner for Economy Paolo Gentiloni on Tuesday but he added that the EU must st...
Jan 17, 2023
Tennis-Marathon man Murray bounces out Berrettini
MELBOURNE (Reuters) - A vintage Andy Murray weathered a gallant fightback from Matteo Berrettini before dumping the 13th seeded Italian out of the Australian Open first round with an epic 6-3 6-3 4-6 ...
Jan 17, 2023
Chinese foreign ministry 'welcomes' visit by U.S. Secretary Blinken
BEIJING (Reuters) -China welcomes a visit by U.S. Secretary of State Antony Blinken to the country, a Chinese foreign ministry spokesman said at a regular news briefing on Tuesday. "China welcomes Sec...
Jan 17, 2023
