Highfields spinoff Solel Partners to start trading later this year
Solel Partners is expected to start trading with more than $400 million in capital later this year, after the new hedge fund received commitments from...
Top Democrat Pelosi: U.S. has no appetite to go to war with Iran
U.S. House of Representatives Speaker Nancy Pelosi said on Thursday the United States has no appetite to go to war with Iran, after Tehran shot...
Keep calm and buy more avocados: Walmart-Cornershop deal falls
Walmart and delivery app Cornershop have ditched plans to link up after Mexican anti-trust officials blocked the deal earlier this month, Cornershop co-founder Oskar Hjertonsson...
U.S. labor market on solid ground; manufacturing struggling
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to underlying labor market strength despite a sharp slowdown...
Philippines’ Globe Telecoms launches 5G service backed by Huawei equipment
Philippines’ Globe Telecom Inc on Thursday launched Southeast Asia’s first 5G broadband service, with embattled Huawei Technologies Co Ltd providing the equipment, a win for...
Fed rate-cut signal sends stocks surging, wounds yields, dollar
World stock markets surged on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2%...
Celtics shop Baynes to clear cash
Kyrie Irving and Al Horford are expected to opt out of their contracts with the Boston Celtics, who are placing center Aron Baynes on the...
Britain broke law in allowing arms exports to Saudis: court
Britain broke the law by allowing arms sales to Saudi Arabia that might have been deployed in the war in Yemen, an English court ruled...
Del Potro out of Wimbledon after re-fracturing kneecap
Juan Martin’s del Potro’s injury curse has struck again with the Argentine requiring more surgery after re-fracturing his kneecap during this week’s Queen’s Club Championships....
Canada passes law to speed pardons for pot possession
The Canadian government passed a law late on Wednesday that would allow its citizens with a criminal record for marijuana possession to be pardoned without...