Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper

(Reuters) - U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above 3,000 for the first...

Elliott outspends rivals as corporate activism turns to Germany

FRANKFURT/BOSTON (Reuters) - Elliott Management Corp has invested more than rivals in its push for corporate change so far this year and there has been an increasing focus among activist investors...

Fed seen cutting U.S. rates by 25 bps late July: BAML

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File PhotoNEW YORK (Reuters) - The Federal Reserve will likely reduce key U.S....

Deutsche Bank looks to boost wealth management as part of reinvention

ZURICH (Reuters) - With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from...

Anonymous Analytics goes long cannabis with Turning Point Brands

(Reuters) - Activist research group Anonymous Analytics has turned its attention to the cannabis industry, initiating a buy rating on Turning Point Brands Inc (TPB.N) in a report on Wednesday. The...

UBS creates team to promote private capital markets deals

ZURICH (Reuters) - UBS Group (UBSG.S) has created a private capital markets team to help wealth management clients invest in the burgeoning sector, the Swiss bank said on Wednesday. FILE PHOTO:...

Rice group set to take control of EQT board in proxy contest: sources

BOSTON (Reuters) - Brothers Toby and Derek Rice are on course to win control of EQT Corp’s board of directors two years after having sold their own company, Rice Energy, to...

Fund investors retreat from U.S. stocks as S&P 500 hits records

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 19, 2019. REUTERS/Brendan McDermid/File PhotoNEW YORK (Reuters) - Investors pulled slightly more...

Synthomer to buy Omnova in $824 million deal

(Reuters) - Polymer maker Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid to strengthen its global...

Morgan Stanley cuts long-term Brent price view after OPEC supply cuts

(Reuters) - Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies including Russia agreed to...

APLICATIONS

Tencent’s PUBG replacement ‘Game for Peace’ rakes in $14 million in...

BEIJING (Reuters) - Tencent Holdings Ltd’s alternative to its video game “PlayerUnknown’s Battlegrounds” (PUBG) in China became the world’s top-grossing mobile battle royale title...