SVB Financial to sell investment platform business SVB Capital
(Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partn...
2h ago
Global hedge funds chase Hong Kong stocks rally, UBS says
By Summer Zhen HONG KONG (Reuters) - Global hedge funds that use an equities long-short strategy are growing increasingly bul...
2h ago
Asian stocks surge on tech boost; yen extends gains to cap wild week
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks rallied on Friday after Apple's record $110 billion share buyback plan l...
3h ago
Oil steadies, heads for weekly drop on U.S. economy worries
By Laila Kearney (Reuters) - Oil prices edged up in early trade on Friday on the prospect of OPEC+ continuing output cuts, bu...
4h ago
Ferrari appeals to traditional base with two new V12 cars
MILAN (Reuters) - Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appe...
5h ago
Live Nation's revenue beats estimates as boom in concerts drive ticket sales
(Reuters) - Ticketmaster parent Live Nation Entertainment beat estimates for first-quarter revenue on Thursday, driven by the...
6h ago
Apple sales fall less than expected, CEO sees return to growth
By Stephen Nellis, Max A. Cherney and Yuvraj Malik (Reuters) -Apple on Thursday reported a smaller than expected decline in q...
7h ago
Australia's Macquarie posts 32% fall in full-year profit
(Reuters) - Australia's Macquarie Group posted a 32% drop in its full-year profit on Friday due to weaker performance across ...
7h ago
Egan Jones recommends Ancora's board nominees in Norfolk Southern proxy fight
(Reuters) - Proxy advisory firm Egan Jones said on Thursday that it recommended Norfolk Southern shareholders vote for activi...
7h ago
DoJ seeks more details from U.S. Steel, Nippon Steel on proposed merger
(Reuters) - The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review o...
7h ago