By Saqib Iqbal Ahmed NEW YORK (Reuters) – The selloff in U.S. stocks is driving record trading options on the…
Ackman cuts new fund’s target size, asks investors to commit
By Svea Herbst-Bayliss (Reuters) – Bill Ackman said his new U.S. listed fund, Pershing Square USA, will be dramatically smaller…
Bank of Canada pivots to boosting economic growth, raising rate cut bets
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) – The Bank of Canada is shifting its focus to boosting the…
Barclays tries to slash UK investors’ $720 million ‘dark pool’ lawsuit
By Sam Tobin LONDON (Reuters) – Barclays on Monday asked London’s High Court to more than halve a shareholders’ lawsuit…
Berkshire Hathaway cuts stake in China’s BYD to below 5%
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway reduced its stake in BYD to below 5%, in what could be…
Exclusive-Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs
By James Pomfret and Michael Martina HONG KONG/WASHINGTON (Reuters) – Semiconductors and other restricted goods shipped through China and Hong…
World shares steady as Biden exits White House race
By Amanda Cooper and Chibuike Oguh LONDON/NEW YORK (Reuters) -An index of global shares steadied on Monday as investors weighed…
Exclusive-Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
By David Shepardson (Reuters) -Chrysler parent Stellantis paid $190.7 million in civil penalties for failing to meet U.S. fuel economy…
Oracle reaches $115 million consumer privacy settlement
By Jonathan Stempel (Reuters) – Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and…
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar…