Increasingly cautious global funds build cash buffer; cut equities: Reuters poll
“More caution” was the mantra of global fund managers in July, with recommended equity allocations cut to the lowest since early 2017 and suggested cash...
Computers boost Man Group first-half assets, shares up
British hedge fund manager Man Group said assets rose 5% in the first half of the year, helped by performance in its computer-driven strategies, boosting...
Fifth Bulgarian pig farm hit by African swine fever
Bulgarian veterinary authorities said on Wednesday that they would cull 17,000 pigs after detecting an outbreak of African swine fever at a breeding farm in...
Oil rises for fifth session as stockpiles fall and market awaits Fed
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will...
UK markets watchdog: cryptoassets have ‘no intrinsic value’
People should be cautious about putting money into unregulated cryptoassets like bitcoin that have “no intrinsic value” and few protections, Britain’s Financial Conduct Authority said...
Poorer U.S. patients less likely to get blood pressure controlled
(Reuters Health) – Poorer patients in the U.S. may be less likely to get their blood pressure under control, even when they are participating in...
Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again
Lloyds Banking Group played down mounting concerns about Britain’s Brexit crisis as it missed first-half profit forecasts due to a much larger than expected charge...
Credit Suisse hails cost discipline as net profit jumps 45%
Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment....
Trade tensions weigh on stocks as markets await Fed verdict
Fresh trade war fears weighed on global stocks on Wednesday ahead of a U.S. Federal Reserve meeting with the dollar holding firm and Britain’s pound...
Afghanistan highway blast kills at least 35 on bus, injures 27
A roadside bomb in western Afghanistan killed at least 35 people traveling on a bus, including children, and injured 27 others, officials said on Wednesday....
