Column: Buying the bear? Equity demand endured market pain: Mike Dolan

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for … Read more

Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, US, November 26, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Walgreens Boots Alliance (WBA.O) on Tuesday scrapped the plan to sell its UK high street pharmacy chain, … Read more

Hong Kong’s top finance executives bank on city to thrive as gateway to China

HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some … Read more

US business borrowing for equipment rises 16% in May – ELFA

The skyline is seen in Manhattan, New York City, US, August 21, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 23 (Reuters) – US companies borrowed 16% more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) … Read more

SoftBank overseas business chief exits in latest churn

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS / Issei Kato / Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Wednesday it has appointed Alex Clavel as chief executive of … Read more

Market positioning suggests more pain for equities despite the route, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem … Read more

Analysis: Investors brace for recession, more market turmoil after Fed’s supersized hike

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, US, June 14, 2022. REUTERS / Sarah Silbiger Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 16 (Reuters) – Investors’ faith in a soft landing for the US economy is being heavily tested, as a … Read more

Paris snaps at heels of London in overseas finance investment ranks

Women enjoy the view of Sacre-Coeur Basilica of Montmartre and Eiffel Tower at the Parc de Saint-Cloud near Paris, France, April 26, 2022. REUTERS/Gonzalo Fuentes/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 13 (Reuters) – France made up more ground on Britain in attracting overseas direct investment into financial services … Read more

UK financial regulators to directly oversee cloud services

FILE PHOTO: A city worker walks through the City of London, Britain in this December 16, 2014 file photo. REUTERS/Toby Melville/ Register now for FREE unlimited access to Reuters.com Register LONDON, June 8 (Reuters) – Britain’s financial watchdog will have powers to make onsite visits to oversee cloud computing firms like Amazon (AMZN.O), Google (GOOGL.O) … Read more

EXCLUSIVE Citigroup to hire 3,000 in Asia institutional banking business in growth push -Asia CEO

The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS / Athit Perawongmetha / File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 7 (Reuters) – Citigroup Inc (CN) plans to hire around 3,000 new staff for its institutional business in Asia … Read more