Edition:
India

Lawrence Delevingne

Investor Ubben warns more stocks vulnerable to social, environmental selling

14 Oct 2020

BOSTON Jeffrey Ubben, the former activist turned ethical investor, said on Tuesday that environmental, social and governance concerns will increasingly hit companies' stock prices, just as climate change hurt oil and gas companies' shares.

Apollo CEO Black says he regrets ties to Epstein, denies any wrongdoing

13 Oct 2020

Apollo Global Management Inc Chief Executive Leon Black told the buyout firm's investors on Monday that he regretted having had ties to the late financier and convicted sex offender Jeffrey Epstein, but denied any wrongdoing or inappropriate conduct related to his business and social relationship with Epstein.

How the year 2020 confounded Wall Street strategists

01 Oct 2020

NEW YORK Bank of America Corp's strategists cut their year-end forecasts for the S&P 500 index twice this year, trailing the U.S. stock market as it plummeted in a coronavirus-induced panic. Then, as the market rallied past those revised targets in the ensuing months, the strategists followed by increasing their estimates.

JPMorgan set to pay nearly $1 billion in spoofing penalty - source

24 Sep 2020

JPMorgan Chase & Co is set to pay nearly $1 billion (£786 million) to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, a person familiar with the situation said on Wednesday.

New York hedge fund founder charged with fraud over Neiman Marcus bankruptcy

04 Sep 2020

NEW YORK The founder of a New York hedge fund was criminally charged on Thursday with pressuring a rival not to bid for assets related to Neiman Marcus' bankruptcy so he could buy them at a lower price, the U.S. Department of Justice said on Thursday.

UPDATE 4-NY hedge fund founder charged with fraud over Neiman Marcus bankruptcy

04 Sep 2020

NEW YORK, Sept 3 The founder of a New York hedge fund was criminally charged on Thursday with pressuring a rival not to bid for assets related to Neiman Marcus' bankruptcy so he could buy them at a lower price, the U.S. Department of Justice said on Thursday.

U.S. big tech dominates stock market after monster rally, leaving investors on edge

28 Aug 2020

BOSTON, MA.U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.

RPT-ANALYSIS-U.S. big tech dominates stock market after monster rally, leaving investors on edge

28 Aug 2020

BOSTON, MA., Aug 28U.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off.

Trump says he saved 51 million jobs in pandemic. Economists, U.S. officials say otherwise

28 Aug 2020

By Lawrence Delevingne, Chris Prentice, Michelle Price and Jeff Mason

World News