Category: Finance News

Feb 17

NewsWatch: Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategist

MARKETWATCH FRONT PAGE You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew Sheets, chief cross-asset strategist at Morgan Stanley, says there are late-cycle indicators in current markets. See full story. ‘I’m sick to death of him’: My […]
Feb 17

Who owns your company? NMC investors in London are finding out the hard way

Website of B.R. Shetty Bavaguthu Raghuram Shetty meeting the U.K. ambassador to the U.A.E., Patrick Moody The crisis unfolding at NMC Health, the Middle East’s largest hospital operator, has reignited the debate about the governance of overseas companies listing in London. The mystery of NMC’s ownership structure deepened on Monday after founder and co-chairman Bavaguthu […]
Feb 17

Gunmen kill 24 in attack on Burkina Faso church

OUAGADOUGOU (Reuters) – Gunmen killed twenty-four people, including a pastor, in an attack on a church during Sunday mass in northwestern Burkina Faso, four security sources told Reuters on Monday. It was not immediately clear who was responsible for the attack, which comes as jihadist groups with links to al Qaeda and Islamic State seek […]
Feb 16

After homophobic jibes, Buttigieg says US has 'moved on'

US presidential candidate Pete Buttigieg (R) and his husband Chasten Buttigieg (AFP Photo/Joseph Prezioso) Washington (AFP) – The gay presidential candidate Pete Buttigieg insisted his sexuality would not damage his electoral prospects Sunday, saying the United States had “moved on” as a country, after homophobic jibes by allies of Donald Trump. The 38-year-old Democrat, who […]