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By Carolina Mandl NEW YORK (Reuters) – The hedge fund trade ended 2024 with $4.51 trillion in belongings underneath administration, a 9.75% enhance from the earlier yr, analysis agency HFR mentioned on Friday. Whole (EPA:TTEF) belongings elevated by $401.4 billion…
(Reuters) – Diageo (LON:DGE), the world’s prime spirits maker, is exploring a possible spin-off or sale of beer model Guinness and is reviewing its stake in LVMH’s drinks unit, Moet Hennessy, Bloomberg Information reported on Friday, citing folks aware of…
By Helen Reid and James Davey LONDON (Reuters) -On-line fast-fashion retailer Shein requires its contract producers to solely supply cotton from authorised areas, which don’t embody China, for merchandise it sells in america, its greatest market, the corporate stated on…
By Jody Godoy (Reuters) – U.S. Federal Commerce Fee Chair Andrew Ferguson gained broad authority to purge range, fairness and inclusion (DEI) insurance policies on the company after Democrats, who nonetheless have the bulk on the fee, stood down. Ferguson,…
LONDON (Reuters) – It is a massive week forward because the U.S. Federal Reserve, European Central Financial institution and Financial institution of Canada maintain their first conferences of 2025. Into the combination go earnings from heavyweights together with Apple (NASDAQ:AAPL)…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. present house gross sales elevated to a 10-month excessive in December, however additional good points are more likely to be restricted by elevated mortgage charges and home costs, that are preserving many potential consumers…
By Alexander Smith and Elisa Martinuzzi DAVOS, Switzerland (Reuters) – British trade and power minister Sarah Jones stated that conferences in Davos this week with CEOs contemplating the place to make their subsequent funding had been constructive as the federal…
Investing.com — A powerful greenback has usually been described as a “wrecking ball” for the worldwide economic system, driving up the price of worldwide commerce, tightening monetary situations, and inflation for international locations, significantly these in rising markets, however whereas…
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) -The U.S. State Division issued a “stop-work” order on Friday for all current international help and paused new assist, based on a cable seen by Reuters, after President Donald Trump ordered a…
Surging fairness markets to persist, however ignoring danger of inflation poses huge menace
