The Latest: Gulf incidents rattle shipping industry

The Latest on developments related to tensions between the U.S and Iran (all times local): 4 a.m. Energy experts say recent seizures and attacks aimed at oil tankers in the Strait of...

Burgeoning family offices manage $5.9 trillion: Campden

ZURICH (Reuters) - The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory group Campden...

Another $860 million recovered for Madoff customers in Kingate settlement: trustee

NEW YORK (Reuters) - The court-appointed trustee liquidating Bernard Madoff’s firm on Wednesday said another $860 million may soon be returned to the swindler’s customers, under a settlement with offshore...

Gulf tanker incidents may raise shippers’ costs, cut traffic

Recent seizures and attacks aimed at oil tankers in the Strait of Hormuz will raise insurance rates for shipping companies and, if unchecked, reduce tanker traffic in the vital waterway,...

Judge rules against hedge funds that challenged 2016 Jarden deal

WILMINGTON, Del. (Reuters) - A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc’s (NWL.O) 2016 acquisition of consumer goods...

Reined-in rate-cut expectations, Iran tensions hit S&P 500

U.S. stocks pulled further back from their records on Friday to cap the weakest week for the S&P 500 since May. Indexes sloshed between small gains and losses for much of...

Two top fixed-income portfolio managers exit Eaton Vance

FILE PHOTO: Kathleen Gaffney, vice president, director of diversified fixed income and lead portfolio manager for Eaton Vance Management, speaks during the Reuters Global Investment 2019 Outlook Summit in New...

China calls on US to ‘correct’ Iran sanctions

China urged Washington on Friday to "correct" sanctions imposed on Chinese companies accused of helping Iran acquire materials for its nuclear program. U.S. pressure on Iran and its "long-arm jurisdiction" against...

Andrew Left’s Citron Capital posted net return of 24.7% in 1st half of 2019

(Reuters) - Andrew Left’s Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the...

Chewy rides on post-IPO high

Chewy, the online seller of pet food and squeaky toys, is continuing its post-IPO sales streak. The company, which debuted on the New York Stock Exchange in June, forecast Thursday a...

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PatentReal Corp launches new emission-free biomass technology – Bloomberg

According to Bloomberg, PatentReal Corp is a juggernaut in the technology-driven field, and the company has already etched its name in gold as one...

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