(Reuters) -Global growth will likely slow this year, but a dovish tilt in the Federal Reserve’s stance has raised hopes for the U.S. economy and brightened the outlook for riskier assets, accord[...]
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Exclusive-World Bank to Offer Countries Access to Emergency Funds From Existing Loans
By David Lawder WASHINGTON (Reuters) – The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency[...]
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Byron Allen seeks television assets in Paramount bid – sources
By Dawn Chmielewski (Reuters) – Media mogul Byron Allen is focused on acquiring Paramount Global’s television networks and stations, people familiar with the matter said on Wednesday, as p[...]
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Dollar rebounds as Fed’s Powell sees March rate cut as unlikely
By Karen Brettell NEW YORK (Reuters) – The dollar gained on the euro and pared losses against the yen on Wednesday after Federal Reserve Chair Jerome Powell said that a rate cut in March was not[...]
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GM Shares Jump as CEO Barra Promises Shareholders More Cash
By Joseph White DETROIT (Reuters) -General Motors shares jumped Tuesday after the company gave investors an upbeat outlook for 2024 and signaled more capital will be returned to shareholders. “C[...]
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Gambling Group Flutter Bets on U.S. Primary Listing
(Reuters) -Dublin-based online betting company Flutter said on Monday it will propose moving the primary listing of its shares from London to New York at the annual general meeting in May. Subject to[...]
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Macy’s Rejects Arkhouse’s $5.8 Billion Bid, Citing Financing Concerns
(Reuters) -Macy’s said on Sunday it had rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing co[...]
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Voice AI Startup Elevenlabs Gains Unicorn Status After Latest Fundraising
By Krystal Hu (Reuters) – Artificial intelligence (AI) startup ElevenLabs has gained unicorn status after its latest round of fundraising, a person familiar with the matter said, as surging inve[...]
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SEC Probes B. Riley Deals with Client Tied to Failed Edge Fund
(Reuters) -U.S. authorities are investigating B. Riley Financial’s deals with a client who was linked to a securities fraud, and the use of his assets to help the investment bank obtain a loan f[...]
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