By Carolina Mandl NEW YORK (Reuters) -Global hedge funds accelerated the unwinding of stock positions on Monday, mainly in the…
Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance
By David French HOUSTON (Reuters) – Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a…
Trump adviser says 50% tariffs on Canadian steel and aluminum won’t take effect Wednesday
(Reuters) – U.S. President Donald Trump’s trade adviser Peter Navarro said on Tuesday that an increased tariff of 50% on…
Oracle expects 15% revenue growth next fiscal year on strong AI cloud demand
(Reuters) – Oracle CEO Safra Catz said that the company’s large sales backlog will help drive 15% growth in its…
Delta Airlines cuts first-quarter forecast on economic uncertainty
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Monday slashed its profit estimates for the current quarter through…
Hedge funds cut risk in stocks at largest amount in two years, Goldman Sachs says
NEW YORK (Reuters) -Hedge funds reduced their exposure to stocks on Friday at the largest amount in more than two…
Trump to sign executive order on disaster relief on Monday
WASHINGTON (Reuters) -U.S. President Donald Trump plans to sign an executive order on Monday designed to empower state and local…
Higher European defence budgets a first step, production needed, NATO’s Rutte says
FRANKFURT (Reuters) – Higher European defence budgets and a ramp-up of production by military equipment industries are necessary to secure…
Environmental NGO sues Trump’s EPA, Citibank over funding freeze
By Rich McKay (Reuters) – An environmental nonprofit sued the U.S. Environmental Protection Agency and Citibank on Saturday, seeking billions…
Memo says mass layoffs at Veterans’ Affairs will begin early as June
By Alexandra Alper and Phil Stewart WASHINGTON (Reuters) – The Department of Veterans Affairs will begin mass layoffs at the…