Goldman hedge fund folding London operations, shifting staff to U.S Goldman hedge fund folding London operations, shifting staff to U.S:- Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting […]
world news today
U.S. court blocks Anthem-Cigna merger, dealing blow to consolidation U.S. court blocks Anthem-Cigna merger, dealing blow to consolidation:- A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc's (ANTM.N) proposed $54 billion merger with smaller rival Cigna Corp (CI.N), derailing an unprecedented effort to consolidate the country's health […]
Asian stocks at 18-month highs as China rises Asian stocks at 18-month highs as China rises:- Asian shares climbed to their highest in more than 18 months on Thursday, as investors grew more confident about China while the dollar slightly firmed in the wake of growing concerns over political instability […]
U.S. government has itself to blame for dollar strength U.S. government has itself to blame for dollar strength:- The U.S. administration should blame itself rather than Germany for a recent strengthening of the dollar against the euro, the head of Germany's Bundesbank said on Tuesday. Jens Weidmann said comments by […]
JPMorgan gets China corporate bond underwriting license JPMorgan gets China corporate bond underwriting license:- JPMorgan Chase & Co said on Monday it had received approval and license to underwrite corporate bonds in China’s interbank bond market, making it the first U.S.-headquartered bank to do so. The license enables JPMorgan to […]
Asia shares lag Wall St. gains, dollar in doldrums Asia shares lag Wall St. gains, dollar in doldrums:- Asian shares crept up on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled […]
Alibaba Group expands presence in Australia, New Zealand Alibaba Group expands presence in Australia, New Zealand:- Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the […]
Takata taps KSS as final bidder for restructuring deal Takata taps KSS as final bidder for restructuring deal:- Takata Corp (7312.T) has selected Chinese-owned Key Safety Systems (KSS), a U.S.-based auto parts supplier, as the final bidder to extend financial support for the Japanese airbag maker, three sources with knowledge […]
Wall Street stands with two Fed-hike outlook for 2017 Wall Street stands with two Fed-hike outlook for 2017:- Wall Street’s top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace […]
Iran bans travel of US wrestlers to Iran Iran bans travel of US wrestlers to Iran:- Iran on Friday banned U.S. wrestlers from participating in the Freestyle World Cup competition this month in response to President Donald Trump’s executive order forbidding visas for Iranians, the official IRNA news agency reported. […]
