(Adds earlier price range, underwriters, background)March 31 (Reuters) – Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier’s market debut on Thursday.The stock opened at $18.61, compared with the offer price of $19, which was at the lower end of its $19…
(Reuters) – Hammered by the fallout from a surge in U.S. government bond yields, mutual funds and exchange-traded funds that invest in emerging stock markets are now this year’s biggest investment losers, according to Refinitiv Lipper data.FILE PHOTO: A woman looks at an electronic board showing the recent fluctuations of market indices on the floor…
FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of its Sydney office headquarters in Australia, Oct. 28, 2016. HONG KONG (Reuters Breakingviews) – TIERING UP. Regulators have finally come knocking on Macquarie’s door. The Australian Prudential Regulation Authority on Thursday dinged the A$55 billion…
2/2 © Reuters. FILE PHOTO: Solar panels are seen during the inauguration ceremony of the solar energy power plant in Zaktubi 2/2 By Valerie Volcovici, Andrea Shalal and Kate Abnett WASHINGTON/BRUSSELS (Reuters) – A revised World Bank policy on climate change commits to making financing decisions in line with efforts to limit global warming, but…
2/2 © Reuters. FILE PHOTO: U.S. President Biden holds infrstructure event at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania 2/2 By David Shepardson and Heather Timmons WASHINGTON (Reuters) – U.S. President Joe Biden’s sweeping $2.3 trillion plan to rebuild America’s crumbling infrastructure proposes doubling federal funding for mass transit and spending $80 billion to expand…
© Reuters. FILE PHOTO: U.S. Transportation Secretary Buttigieg pictured at confirmation hearing By David Shepardson WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Monday the White House will not propose hiking gasoline taxes or a new vehicle miles traveled (VMT) fee to pay for a proposal to massively boost infrastructure spending. Buttigieg told…
LONDON, March 31 (Reuters) – British trade minister Liz Truss told G7 ministers that unfair industrial subsidies need to be stamped out, and World Trade Organization rules properly enforced.“We need to reform the dispute settlement system, stamp out unfair industrial subsidies and make sure everybody – large or small – is following the rules and…
By Reuters Staff1 Min Read(Repeats with no changes to text)BERLIN, March 30 (Reuters) – Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday.Consumer prices, harmonised to make them comparable with inflation data from other European Union…
3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go wrong for a central bank when it comes to fighting…
No results matched your search EconomyMar 30, 2021 05:41PM ET © Reuters. FILE PHOTO: A person walks past 888 7th Ave, a building that reportedly houses Archegos Capital in New York City By Michelle Price and Katanga Johnson WASHINGTON (Reuters) – The implosion of New York-based Archegos Capital Management and the resulting losses for global…
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