Nouvelles financières internationales | GC Pelliron
Revenues at Italian luxury down jacket maker Moncler topped analyst expectations in the second quarter helped by easing COVID-19 restrictions, adding to evidence of a sharp rebound in the sector.
U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and an imminent Federal Reserve meeting put some investors on guard and drove profit-taking.
A bet on 10-year U.S. bond yields rising to 2% was meant to be the slam-dunk trade of 2021. It still is, say many analysts and money managers, who expect the rate to shift back higher by year-end without causing market ructions.
Michael Steinhardt, a former hedge fund titan on Wall Street, lost a lawsuit he filed against an art gallery and its president for allegedly making an "unfair secret profit" from the $12 million sale on consignment of a portrait of George Washington.
Four major U.S. drug companies agreed to a $26 billion settlement last week to end lawsuits over the opioid crisis, but treatment advocates expressed frustration that the money will be slow to arrive and worry it could be misspent.
WASHINGTON (Reuters) -Four police officers delivered wrenching testimony on Tuesday on their struggle to defend the U.S. Capitol on Jan. 6 against a mob of then-President Donald Trump's supporters, describing to lawmakers how they were beaten, taunted with racial insults from rioters and faced threats like "kill him with his own gun."
Brazilian payments firm Conductor has hired banks for an initial public offering in the United States that could come as early as this year, as Latin America's financial sector is enlivened by the arrival of several newcomers, three sources familiar with the matter said.
Macquarie Group Ltd's asset management division has raised $6.9 billion for its latest fund dedicated to investing in North American infrastructure, well over its $5 billion target, the Australian bank told Reuters on Tuesday.
(Reuters) -United Parcel Service Inc shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled e-commerce boom may be fading.
U.S. consumer confidence hovered at a 17-month high in July, suggesting the economy maintained its strong growth clip at the start of the third quarter.
CHARLESTON (Reuters) -Lawyers for a West Virginia city and its county made their closing arguments on Tuesday in their three-month landmark trial against the nation's largest drug distributors, seeking $2.5 billion to remedy an opioid crisis they say the companies helped cause.
WASHINGTON (Reuters) -A congressional committee held its first hearing investigating the Jan. 6 U.S. Capitol attack on Tuesday with testimony by four police officers who struggled against a mob of then-President Donald Trump's supporters engaging in "medieval" violence and warnings from lawmakers against whitewashing the riot.