(Reuters) – The world’s biggest iron ore producer Rio Tinto is offering $9 billion in U.S. investment-grade bonds as the…
Advocates for Hong Kong democrat Jimmy Lai to meet Trump officials
By Michael Martina WASHINGTON (Reuters) – Hopes for the release of detained Hong Kong media tycoon Jimmy Lai are higher…
Musk launches appeal to restore $56 billion Tesla payday
By Tom Hals WILMINGTON, Delaware (Reuters) – Elon Musk kicked off his appeal to try to restore his $56 billion…
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
(Reuters) -Uber has terminated its $950 million bid for Delivery Hero’s Foodpanda business in Taiwan, the food delivery company said…
Hedge funds speed up de-risking, with focus on industrials
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds accelerated the unwinding of stock positions on Monday, mainly in the…
Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance
By David French HOUSTON (Reuters) – Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a…
Trump adviser says 50% tariffs on Canadian steel and aluminum won’t take effect Wednesday
(Reuters) – U.S. President Donald Trump’s trade adviser Peter Navarro said on Tuesday that an increased tariff of 50% on…
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
(Reuters) – Oracle CEO Safra Catz said that the company’s large sales backlog will help drive 15% growth in its…
Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK (Reuters) -Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two…