Ackman cuts new fund’s target size, asks investors to commit
By Svea Herbst-Bayliss (Reuters) – Bill Ackman said his new U.S. listed fund, Pershing Square USA, will be dramatically smaller…
Bank of Canada pivots to boosting economic growth, raising rate cut bets
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) – The Bank of Canada is shifting its focus to boosting the…
Cold storage REIT Lineage rises 5% in the biggest IPO of 2024
By Pritam Biswas and Echo Wang (Reuters) -Cold storage real estate investment trust Lineage’s shares gained 5% in their Nasdaq…
Tech-led selloff drives record volume in NDX options
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The selloff in U.S. stocks is driving record trading options on the…
US spot ether ETFs see net inflows of $106 million on first day
By Suzanne McGee (Reuters) – The nine exchange-traded funds (ETFs) tied to the spot price of ether, the world’s second-largest…
Frozen food supplier Lamb Weston provides dour annual forecasts on weak demand
(Reuters) – Lamb Weston forecast its annual sales and profit below analysts’ expectations on Wednesday, as higher prices of its…
KKR-backed OneStream surges in market debut
By Pritam Biswas and Echo Wang (Reuters) -Shares of financial software maker OneStream, backed by private equity firm KKR, rose…
Analysis-Whoever wins election, Venezuela faces natural gas problem
By Marianna Parraga, Deisy Buitrago and Mircely Guanipa CARACAS/MARACAY (Reuters) -Griselda Ascanio keeps an improvised wood-burning stove ready in her…
Exclusive-Harris leads Trump 44% to 42% in US presidential race, Reuters/Ipsos poll finds
By Jason Lange (Reuters) – Vice President Kamala Harris opened up a marginal two-percentage-point lead over Republican Donald Trump after…
Nasdaq, S&P rise as spotlight turns on tech results; UPS plunges
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – U.S. stocks were flat to higher on Tuesday as investors awaited…