By Saqib Iqbal Ahmed NEW YORK (Reuters) - Highly leveraged Archegos Capital's downfall is the latest signal of investors' hunger for risk-taking being far from satiated even after a run that has lifted the S&P 500 index around 80% in a year. The impact of the hedge fund’s troubles seems to have been...
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By Abhinav Ramnarayan and Paul Sandle LONDON (Reuters) - When food delivery firm Deliveroo joins the London stock market on Wednesday, it will be Britain's biggest listing in a decade, even though some of the country's leading investors - worth over $1 trillion between them - will be conspicuous by their absence. British...
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By Ludwig Burger FRANKFURT (Reuters) - GlaxoSmithKline has agreed in principle to handle the final part of the manufacturing process for up to 60 million doses of Novavax's COVID-19 vaccine for use in Britain, widening the company's role in the fight against the pandemic. GSK said in a statement on Monday it would...
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(Bloomberg) -- Canadian officials are warning there could health be complications for people under 55 from the AstraZeneca (NASDAQ:AZN) Plc Covid-19 vaccine. The country’s vaccine advisory committee will recommend authorities “pause” giving the Astra vaccine to people under 55 because of a risk of blood clots, the Canadian Broadcasting Corp. reported, citing people it didn’t name. The federal government has been in touch...
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Investing.com – Canada equities were higher at the close on Monday, as gains in the Consumer Staples, Utilities and Industrials sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.01%. The biggest gainers of the session on the S&P/TSX Composite were BRP Inc (TSX:DOO), which rose 3.92% or 4.07 points to trade at 107.95 at the close....
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By Liz Moyer Investing.com -- The shipping container broke free and returned the Suez Canal to working order on Monday, meaning people had to find something else to fuss about. Now that oil, liquified natural gas and goods can flow freely through one of the world’s most important maritime routes, the focus shifts back to the economic reopening. One big beneficiary is ...
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By Tom Arnold LONDON (Reuters) - Emerging market portfolios are on course to suffer their biggest monthly capital outflows since September 2020, with $4.79 billion exiting up to March 26, Institute of International Finance data showed. As much as $3.03 billion left debt portfolios and $1.75 billion exited equity portfolios up to five days before the end of March, according to the...
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By Jonathan Saul and Carolyn Cohn LONDON (Reuters) - The owners and charterers of ships unable to sail through the the Suez Canal for nearly a week face at least $24 million in expenses they will be unable to recoup as their insurance policies do not cover them, industry sources say. Up to 400 ships, which include oil tankers and vessels carrying...
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By Dhirendra Tripathi Investing.com – Shares of Fly Leasing (NYSE:FLY) shot up 27% in Monday’s trade on news that a Carlyle group entity would buy it at an enterprise value of $2.36 billion. FLY shareholders will receive $17.05 per share in cash, just above their current price. An affiliate of Carlyle Aviation Partners, the commercial aviation investment and servicing arm within private equity...
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(Corrects headline, paragraph 1 to say an order for 100 aircraft, not 100 orders) (Reuters) -U.S. budget carrier Southwest Airlines (NYSE:LUV) Co said on Monday it had reached a deal with planemaker Boeing (NYSE:BA) Co for an order for 100 aircraft of 737 Max variant, with the first 30 jets scheduled for delivery in 2022. ...
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