Category: Finance

Hedge funds retreat from bets against Italian bonds

Hedge funds have been speeding to unwind bets towards Italian authorities bonds in latest weeks, reducing their losses because the extremely indebted nation confounds expectations to ship sturdy returns following a interval of political calm. The full worth of Italy’s bonds borrowed by traders to wager on a fall in costs has dropped by 40 […]

Fed review pins blame for SVB failure on Trump-era rule changes

Silicon Valley Financial institution’s failure final month stemmed from weakened laws in the course of the Trump administration and mis-steps by inside supervisors who had been too sluggish to appropriate administration blunders, the US Federal Reserve mentioned in a scathing evaluate of the lender’s implosion. The long-awaited report, launched on Friday, had harsh phrases for […]

Activision blasts UK as ‘closed for business’ after regulator blocks $75bn Microsoft deal

The UK competitors regulator has blocked Microsoft’s $75bn acquisition of Activision Blizzard, drawing a livid response from the video video games maker, which branded Britain “clearly closed for enterprise”. The Competitors and Markets Authority on Wednesday delivered a doubtlessly deadly blow to Microsoft’s biggest-ever deal by concluding that the software program big may make Activision’s […]

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