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FREETOWN (Reuters) - Two Ebola survivors in Sierra Leone filed a lawsuit in a regional court on Friday, accusing the government of mismanaging funds during an epidemic that killed more than 3,000 people in the West African nation.
WILMINGTON, Del. (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, a ruling that had allowed hedge funds to wring extra cash from the deal.
Sixteen states will run out of federal funding for CHIP -- the Children's Health Insurance Program -- by the end of January, according to the Kaiser Family Foundation. Three-quarters of all states expect to exhaust funds by the end of March unless Congress can agree to fund it.
NEW YORK, Dec 13 (Reuters) - U.S. fund investors dashed into domestic stocks, pouring the most cash in seven weeks into the market, according to Investment Company Institute (ICI) data on Wednesday. The funds collected $6 billion in the seven days through Dec. 6, according to the trade group, as the market is poised to close 2017 with another strong year of gains under its belt. "We're in literally the longest amount of days since a 5 percent drawdown in 25 years," said Gary Droz, ma
WASHINGTON (Reuters) - The top Republican in the U.S. House of Representatives said on Wednesday that Congress was working on a package of reforms that would prohibit using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.
LONDON/NEW YORK (Reuters) - As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.
WASHINGTON (Reuters) - U.S. House Republican Speaker Paul Ryan said on Wednesday that Congress would stop using taxpayer money for settlements in sexual harassment claims lodged against lawmakers' offices.
Dec 12 (Reuters) - Helios and Matheson Analytics Inc said on Tuesday it would sell shares to raise funds to increase its stake in online ticketing service MoviePass, sending Helios' shares plunging 22 percent aftermarket.
BOSTON (Reuters) - Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of confidence for the new...
PARIS (Reuters) - French President Emmanuel Macron is urging wealthy countries and global companies to commit more funds to combating global warming and help poorer nations deal with the impact of climate change.
Dec 11 (Reuters) - Two fund managers are going back to U.S. securities regulators for permission to launch exchange-traded funds (ETFs) based on bitcoin, filings showed on Monday, after futures contracts began trading on Sunday in the high-flying digital currency.
LONDON (Reuters) - U.S. congressional committee members warned on Friday that Washington's funding of the World Health Organization's cancer research agency could be halted unless it is more open about its operations.
BEIJING (Reuters) - China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy.
(Adds quotes from senior research analyst) By Jennifer Ablan NEW YORK, Dec 7 (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors' appetite for low-cost exposure to record-high stock markets. Risk appetite was also reflected in high-quality bonds. U.S.-based investment-grade corporate bond funds attracted $622 million of inflows in the week ended We
DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed.
(Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.
WASHINGTON (Reuters) - Saudi Arabia has completed the main wave of arrests in its sweeping crackdown on corruption and is preparing to channel billions of dollars of seized funds into economic development projects, a Saudi minister said on Monday.
BRIEF-Warburg Pincus Announces Sale Of Majority Stake In INEA To Macquarie European Infrastructure Fund 5
* WARBURG PINCUS LLC SAYS FUNDS AFFILIATED WITH FIRM AGREED TO SELL THEIR MAJORITY STAKE IN INEA TO MACQUARIE EUROPEAN INFRASTRUCTURE FUND 5 Source text for Eikon: Further company coverage: ( Bangalore.email@example.com ;)
ZURICH (Reuters) - Switzerland will return to Nigeria around $321 million in assets seized from the family of former military ruler Sani Abacha via a deal signed with the World Bank on Monday, the Swiss government said.
MADRID (Reuters) - Spain's Supreme Court judge will decide on Monday whether to release jailed Catalan cabinet members currently in custody after being accused of sedition, rebellion and misuse of public funds, judicial sources said.
DETROIT, Nov 30 (Reuters) - An influential caucus at the United Auto Workers nominated on Thursday a regional director as candidate for union president as the UAW struggles to organize auto plants and faces a probe into alleged misuse of funds at training centers funded by Detroit's automakers.
DETROIT (Reuters) - An influential caucus at the United Auto Workers on Thursday nominated a regional director as its candidate for union president at a time when the organization has been struggling to unionize auto plants and faces an expanding federal probe into alleged misuse of funds at training centers funded by Detroit's automakers.
BRUSSELS (Reuters) - The European Union is set to cut up to 175 million euros for Turkey in 2018 that are linked to Ankara's stalled bid to join the bloc and could block some 3.5 billion euros in development loans earmarked for the country, lawmakers and diplomats said.
(Reuters) - A Turkish-Iranian gold trader on Thursday told jurors in a federal court in Manhattan that he met with representatives of an Indian company in 2012 to discuss moving Iranian funds out of India, a new development in a case that has so far centered on Turkey.
Nov 30 (Reuters) - A Turkish-Iranian gold trader on Thursday told jurors in a federal court in Manhattan that he met with representatives of an Indian company in 2012 to discuss moving Iranian funds out of India, a new development in a case that has so far centered on Turkey.
DOHA, (Reuters) - Qatar Investment Authority (QIA), one of the world's largest sovereign funds, may invest in local real estate development Katara and national carrier Qatar Airways as it supports local projects, its chief executive was quoted as saying.
LONDON, Nov 29 (Reuters) - Private equity firms Apollo , KKR and CVC Capital Partners are the final three parties left bidding for Unilever's margarine and spreads business, sources familiar with the matter said, as the process moves towards its final round.
BOSTON (Reuters) - Vanguard Group Inc on Tuesday said it will offer six actively managed exchange traded funds aimed at giving investors exposure to specific factors like low volatility or liquidity,...
BERLIN (Reuters) - Germany's federal government on Tuesday released 1 billion euros ($1.19 billion) of promised funding to help municipalities tackle diesel pollution but environmentalists doubt the move will help avert bans of polluting vehicles.
HARARE (Reuters) - Zimbabwe's new President Emmerson Mnangagwa has opened a three-month amnesty window for the return of public funds illegally stashed abroad by individuals and companies, he said on Tuesday.
BERLIN (Reuters) - German cities will call on the government to immediately release 1 billion euros ($1.2 billion) of promised funding to cut diesel pollution and help them avert a potential ban on diesel vehicles.
(Adds analyst quote on ETF vs active mutual fund flows, byline) By Jennifer Ablan NEW YORK, Nov 24 (Reuters) - Investors poured $9.4 billion into U.S.-based stock exchange-traded funds (ETFs) in the week ended Wednesday, the group's eighth consecutive week of inflows, against a backdrop of record closing highs on major markets, Lipper data showed on Friday. Retail investors, however, yanked money out of U.S.-based stock mutual funds, pulling $3.5 billion during the same period, cont
LONDON/N'DJAMENA, Nov 24 (Reuters) - Chad's stalled talks with Glencore on restructuring more than $1 billion in debt due to the trading firm has delayed the release of IMF funds for the struggling central African country until at least early next year, sources familiar with the matter said.
TOKYO, Nov 24 (Reuters) - Japan's Nikkei recouped early losses and ended slightly higher on Friday as expectations that the Bank Of Japan would buy more exchange-traded funds offset drops in automakers.
LONDON (Reuters) - Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit at a slower pace with net outflows of $3.7 billion, data...
LONDON, Nov 23 (Reuters) - Investors yanked $2 billion from high-yield bond funds over the past week, the fourth straight week of outflows, Bank of America Merrill Lynch data showed on Friday, as they took profits in an asset class that has yielded double-digit returns this year.
SINGAPORE (Reuters) - Cathay Pacific Airways Ltd's pilots will vote on whether to raise funds as a buffer against any actions the loss-making Hong Kong airline takes against them like unilateral benefit changes or job losses, according to the pilot's union.
BOSTON (Reuters) - The rush of money into big index funds has raised concerns about whether they would still prove attractive in a downturn, an issue taking on more importance especially for industry...
LONDON (Reuters) - Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry's most and least favored areas of the market.
LONDON, Nov 22 (Reuters) - Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry's most and least favoured areas of the market.
By Trevor Hunnicutt NEW YORK, Nov 22 (Reuters) - U.S. fund investors pumped millions into bond funds for a 50th straight week, the Investment Company Institute (ICI) said on Wednesday, showing that caution in recent weeks may not portend a flight from debt generally. Taxable-bond mutual funds and exchange-traded funds (ETFs) took in $839 million during the turbulent week ended Nov. 15, the lowest in nearly a year, as high-yield debt came under pressure, according to the trade group.
TOKYO/HONG KONG (Reuters) - Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.
TOKYO (Reuters) - Toshiba Corp's plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate.
(Adds details on mutual funds and ETFs, table) By Trevor Hunnicutt NEW YORK, Nov 16 (Reuters) - U.S. fund investors walloped high-yield funds with their biggest week of withdrawals since March, Lipper data showed on Thursday. The junk bond mutual funds and exchange-traded funds (ETFs) posted $4.4 billion in net withdrawals during the week ended Nov. 15, the fourth-largest weekly outflow on record dating back to 1992. Several concerns weighed on high-yield markets during the week
(Reuters) - Barnes & Noble Inc said on Thursday a deal proposed by an activist investor to take the bookstore chain private was not "bona fide" as its chairman and founder, Leonard Riggio, would not participate and raising the required funds was highly unlikely.
LONDON, Nov 16 (Reuters) - American Express has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK, the companies said on Thursday.
LONDON (Reuters) - American Express has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK , the companies said on Thursday.
By Trevor Hunnicutt NEW YORK, Nov 15 (Reuters) - U.S. investors dashed into funds that buy stocks outside the country at the fastest pace since July, while pulling money out of domestic equities, Investment Company Institute (ICI) data showed on Wednesday. World stock mutual funds and exchange-traded funds attracted $6.5 billion during the week ended Nov. 8, the 49th straight week of inflows and the largest haul in 16 weeks, according to the trade group. That compares to $3.7 bil
KIEV (Reuters) - Ukraine is puzzled by the lack of a U.S. response to requests it has made to question former Donald Trump campaign chief Paul Manafort as a witness over two cases involving misuse of Ukrainian state funds, the chief investigator said.
LONDON, Nov 14 (Reuters) - Gloal funds are showing signs of "irrational exhuberance", with cash holdings at four-year lows and risk-taking at all-time highs, Bank of America Merrill Lynch's monthly investor survey said on Tuesday.
HONG KONG (Reuters) - Buoyed by Chinaâ€™s plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialize in facial recognition software.
NEW YORK, Nov 10 (Reuters) - Cracks in the red-hot U.S. high-yield bond market are starting to widen, with two junk-rated companies pulling their deals on Friday and U.S.-based high-yield funds suffering their second consecutive week of cash withdrawals.
(Corrects date in paragraph 10 to 2016) * Citadel to return cash equal to 2017 gains - letter * Citadel flagship funds up 11.43 pct to Oct. 31 - source * Investors add $1.2 bln in first three quarters of 2017 By Maiya Keidan and Lawrence Delevingne LONDON/NEW YORK, Nov 10 (Reuters) - Multi-manager hedge funds, often star performers, have recovered from below-par returns in 2016, with investors adding $1.2 billion to them during the first three quarters of 2017. Althoug
LONDON/NEW YORK (Reuters) - Multi-manager hedge funds, often star performers, have recovered from below-par returns in 2016, with investors adding $1.2 billion to them during the first three quarters...
LONDON (Reuters) - Investors poured a record $1.3 billion into funds managing tech shares over the past week, contrasting with a picture of ebbing inflow into world equity vehicles and losses on U.S. stock funds, Bank of America Merrill Lynch (BAML) said on Friday.
TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average fell on Friday, with tech shares hurt after a drop by their U.S. counterparts, while Toshiba Corp stumbled on dilution fears after reports it will issue new shares to raise funds.
BEIJING (Reuters) - China will lift the ceiling on foreign equity ownership in joint-venture firms involved in the futures, securities and funds markets to 51 percent, a vice finance minister said on Friday.
TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average fell sharply on Friday morning hit by drops in tech shares after their U.S. counterparts languished overnight, while Toshiba Corp stumbled on dilution fears after media reported it will issue new shares to raise funds.
NEW YORK (Reuters) - U.S. investors favored international stock markets, pushing $4.1 billion into equity funds focused abroad during the most recent week, dodging risks at home, Lipper data showed...
By Trevor Hunnicutt NEW YORK, Nov 8 (Reuters) - U.S. fund investors cooled on domestic stocks during the latest week, pulling the most cash from the market in four weeks, Investment Company Institute (ICI) data showed on Wednesday. Domestic stock fund flows sank to negative $5.5 billion during the week through Nov. 1, according to the trade group, as demand for equity exchange-traded funds (ETFs) petered out after two particularly strong weeks. Investors added $7.4 billion to tax