Tuesday, 11 September 2018

Las Vegas is booming again, and bracing itself for next slump

Reuters.com Newsletter

Las Vegas is booming again, and bracing itself for next slump

Diane Han is trying to leave the Las Vegas of her childhood behind.

McDonald's buns maker Aryzta strikes deal with banks ahead of capital hike

One of the world's largest bakery companies, Aryzta, has agreed an underwriting deal with five banks, setting the stage for raising 800 million euros ($928.48 million) in new capital to strengthen its balance sheet.

Australian inquiry brings threat of lawsuits against pension funds

A law firm said on Tuesday it would file class-action lawsuits against Australia's biggest bank and wealth manager seeking "very substantial" damages for allegedly cheating millions of retirees.

Hedge fund Citadel replaces head of crude trading: sources

Citadel, one of the world's largest hedge fund managers, is replacing its head of crude oil trading, according to two sources familiar with the matter, after what one of the sources said were disappointing returns under his leadership.

Hedge fund Tiger Global ups stake in Fiat Chrysler to $1 billion: filing

U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles to 873.3 million euros ($1 billion), a recent filing with the Dutch regulator showed.

Danica Patrick has learned life lessons in the fast lane

If you ever wonder what it's like to be a woman in a man's world, just consult the planet's leading authority on the matter: Danica Patrick.

Australian insurer tells inquiry broke law governing sales calls

An Australian insurer said on Monday it had committed more than 300,000 criminal breaches when cold-calling customers, as a powerful inquiry into financial industry misconduct turned its attention to the insurance sector.

Public pension funds slow to move on climate change risk: study

Most of the world's largest public pension funds are providing little or no information about how climate change will affect the value of their assets, a report by the Asset Owners Disclosure Project (AODP) shows.

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