WASHINGTON (Reuters) – The United States will find it harder to advocate for democracy and rule of law abroad after the assault on the U.S.…
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Uganda halts vote campaigning in some areas, opposition cries foul
KAMPALA (Reuters) – Uganda suspended all campaigning for January’s presidential poll in the capital and 10 populous districts on Saturday, citing coronavirus risks, but critics…
New Zealand Superannuation Fund books $112m loss exiting fuel-cell maker Bloom Energy
The Government-owned New Zealand Superannuation Fund has booked a $112 million loss after giving up on its eight-year punt on fuel cell startup Bloom Energy.…
PIMCO's Ivascyn says vaccine boosts outlook for some pandemic-hit junk bonds
NEW YORK (Reuters) – Positive data on an experimental COVID-19 vaccine has improved the outlook for high-yield credit, especially for companies slammed by the coronavirus…
How investors are gaming out U.S. election night
WASHINGTON/BOSTON (Reuters) – From the beach towns of Pinellas, Florida, to the suburbs of Bucks County, Pennsylvania, Wall Street will be closely watching a few…
SoftBank Vision Fund seeking cash for blank-cheque firm: source
TOKYO (Reuters) – SoftBank Group Corp’s 9984.T Vision Fund is targeting external funding for a blank-cheque acquisition company it plans to launch, a person familiar…
SoftBank Vision Fund seeking cash for blank-cheque firm: source
TOKYO (Reuters) – SoftBank Group Corp’s 9984.T Vision Fund is targeting external funding for a blank-cheque acquisition company it plans to launch, a person familiar…
Trian Fund Management takes 9.9% stakes in Invesco, Janus Henderson
(Reuters) – Activist investment firm Trian Fund Management LP has taken a 9.9% stake each in asset management firms Invesco Ltd IVZ.N and Janus Henderson…
Chinese fintech Ant sidelines banks in distribution of funds targeting its IPO
SHANGHAI (Reuters) – As five Chinese mutual funds targeting Ant Group’s hotly-anticipated IPO kicked off subscriptions on Friday, retail investors found the only non-direct channel…
U.S. money manager VanEck eyes China mutual fund license: sources
SHANGHAI/HONG KONG (Reuters) – New York-based money manager VanEck is eyeing a mutual fund license in China, two sources told Reuters, which will allow it…