by Reuters | Jul 2, 2023 | Business, Economy, Europe, UK, US
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on Sunday, predominantly due to sexual assault allegations against founder Crispin Odey. The British hedge fund has grappled...
by Editor, IWD | Jul 2, 2023 | Business, Economy
The UnitedHealth Group (NYSE:UNH) has recently become the subject of intense market scrutiny due to a substantial investment made by an unidentified affluent investor. This event has captured the attention of retail traders, signaling potential insights and...
by Reuters | Jul 2, 2023 | Business, Economy, Europe, US
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment officer at the U.S. bond giant, told...
by Reuters | Jul 1, 2023 | Business, Economy, Technology
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping and system manipulation, Executive Chair Elon Musk said in a post on the social media platform on Saturday. Verified accounts...
by Reuters | Jul 1, 2023 | Asia, Business, Economy, Europe, Health, US
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug that started in January. The Novartis-owned company said its drug,...
by Reuters | Jun 30, 2023 | Asia, Business, Economy
BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain weak over the summer when demand is usually at a low ebb, according to a private survey....