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Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

January 3, 2025

By Nell Mackenzie LONDON (Reuters) – Global hedge funds taking long and short bets on stocks last year sported their highest average returns

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US issues cybersecurity sanctions against China’s Integrity Technology

January 3, 2025

WASHINGTON (Reuters) – The United States on Friday issued fresh cybersecurity sanctions against Integrity Technology Group, a Chinese company involved in computer

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Futures inch up with economic data, upcoming policy shifts in focus

January 3, 2025

(Reuters) – U.S. stock index futures edged higher on Friday, as investors awaited more data for insights on the health of the

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Austrian liberals quit coalition talks, throw process in turmoil

January 3, 2025

By Francois Murphy VIENNA (Reuters) – A small liberal party on Friday unexpectedly quit coalition talks on forming a new Austrian government, throwing

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Stellantis Italy output falls 37% in 2024, car production hits 68-year low 

January 3, 2025

MILAN (Reuters) -Vehicle production by car maker Stellantis (NYSE:STLA) in Italy fell by 37% last year, hit in particular by a steep

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Biden blocks Nippon Steel’s $14.9 billion takeover of U.S. Steel

January 3, 2025

(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel’s $14.9 billion buyout of U.S. Steel, citing

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Morning Bid: Wall St on five-day falling streak, dollar reigns

January 3, 2025

Reuters – A look at the day ahead in U.S. and global markets by Samuel Indyk 2025 has kicked off how 2024 ended:

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Threat of tariffs will loom large amid auto, tech glitz at CES

January 3, 2025

By Abhirup Roy SAN FRANCISCO (Reuters) – Auto and tech giants showing off their latest innovations at the CES trade show in Las

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In divided US House, top Democrat Hakeem Jeffries aims to keep some grip on power

January 3, 2025

By Richard Cowan WASHINGTON (Reuters) – Democrat Hakeem Jeffries could be poised to wield more power than a minority leader typically enjoys in

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Asian stocks rise, dollar at two-year high as US rates, Trump in focus

January 3, 2025

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar

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Britain vows – again – to reform social care, but no plan until 2028

January 3, 2025

LONDON (Reuters) – Britain’s latest plan to overhaul increasingly costly care for older and disabled adults will not be delivered until 2028

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China gives government workers first big pay bump in a decade to boost economy

January 3, 2025

BEIJING (Reuters) – Millions of government workers across China were given surprise wage increases this week, people affected by the move said,

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Turkish annual inflation falls more than expected to 44.38%

January 3, 2025

ISTANBUL (Reuters) – Turkish annual consumer price inflation fell more than expected to 44.38% in December, official data showed on Friday, with

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Morning Bid: As stocks waver, dollar remains the surest bet

January 3, 2025

A look at the day ahead in European and global markets from Ankur Banerjee While stock markets shrugged off the dim start to

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China will sharply increase funding from treasury bonds to spur growth in 2025

January 3, 2025

BEIJING (Reuters) – China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a

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Norway sovereign wealth fund makes $1.07 billion US real estate transaction

January 3, 2025

COPENHAGEN (Reuters) -Norway’s sovereign wealth fund said on Friday it had acquired a 45% stake in a portfolio of logistics properties in

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