Edition:
India

Maiya Keidan

Hedge funds make $1 billion from bets against travel companies

13 Aug 2020

LONDON Hedge funds betting against travel stocks this year made profits of $1.01 billion (771.94 million pounds) to end-July, and have $2.98 billion in short positions outstanding in the industry, regulatory filings and investment bank stock lending data shows.

Hedge funds make $1 bln from bets against travel companies

13 Aug 2020

LONDON, Aug 13 Hedge funds betting against travel stocks this year made profits of $1.01 billion to end-July, and have $2.98 billion in short positions outstanding in the industry, regulatory filings and investment bank stock lending data shows.

Weak data weighs on pound's rise towards five-month highs

11 Aug 2020

LONDON The British pound climbed towards five-month highs on Tuesday, benefiting from broad-based dollar weakness even as data showed job losses in Britain jumped to their highest levels in more than a decade in the three months to June.

UPDATE 2-Weak data weighs on pound's rise towards 5-month highs

11 Aug 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds quote, updates prices)

European funds post €706.2 billion trading loss in first half: Lipper

05 Aug 2020

LONDON The coronavirus pandemic has hit European funds, which suffered trading losses of 706.4 billion euros ($835 billion) in the first six months of 2020, according to Refinitiv Lipper data released on Wednesday.

Sterling erases gains as lockdown concerns weigh; cbank eyed

04 Aug 2020

LONDON Sterling edged lower on Tuesday erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later this week capped the pound's advance.

UPDATE 2-Sterling erases gains as lockdown concerns weigh; cbank eyed

04 Aug 2020

LONDON, Aug 4 Sterling edged lower on Tuesday erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later this week capped the pound's advance.

UPDATE 2-Sterling holds near four-month highs as Brexit talks weigh

28 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds detail)

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

25 Jul 2020

LONDON/ROME Activist hedge fund TCI Fund Management said it has complained to the European Commission over "illegitimate expropriation" by the Italian government of Atlantia's motorways unit Autostrade per l'Italia.

UPDATE 2-Bullish markets lift pound to 6-week high, look past economy woes

21 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Updates prices, quotes)

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