By Lewis Krauskopf NEW YORK, Oct 1 (Reuters) – A massive year for corporate profit growth is driving US stock market gains, but investors’ hesitancy that the good times will roll on without a hitch is seeping into equity valuations. Investors are preparing for another…
By Suzanne McGee PROVIDENCE, Rhode Island, Oct 1 (Reuters) – Investors usually treat quarter-end rebalancing of their portfolios as a routine chore, but the quarter just ended on Wednesday is expected to have seen outsized action after a steep bond selloff left many portfolios out…
Oct 1 (Reuters) – U.S. asset manager Nuveen said on Thursday it had completed its acquisition of British fund manager Schroders, creating a combined company with over $2.6 trillion in assets under management and a presence across more than 40 markets. Schroders will continue to…
By Oliver Griffin and Luciana Magalhaes SAO PAULO, Oct 1 (Reuters) – Brazil’s presidential campaign draws to a close on Thursday, ahead of voting on Sunday in a race that will determine whether Latin America’s largest nation follows the conservative shift that has swept the…
By Raphael Satter and AJ Vicens WASHINGTON, Oct 1 (Reuters) – Chinese hackers have been impersonating US AI experts, including a former government official, to try to steal emails from experts in AI at think tanks, universities, and other organizations, the cybersecurity company Proofpoint said…
ANKARA, Oct 1 (Reuters) – Turkish police detained the opposition mayor of the southern province of Mersin and 58 other suspects on Thursday in a corruption investigation, state-run Anadolu Agency said. • Mayor Vahap Secer, who is a member of opposition Republican People’s Party, the…
AMSTERDAM, Oct 1 (Reuters) – The European Commission has suspended its financial aid to Sierra Leone over the country’s refusal to arrest and hand over European cocaine kingpin Jos Leijdekkers, Dutch Justice Minister David van Weel said on Thursday. • The decision to suspend €18…
By David Shepardson WASHINGTON, Oct 1 (Reuters) – A pair of Democratic lawmakers sought on Thursday independent investigations into taxpayer-funded television ads featuring President Donald Trump that are airing shortly before the November congressional elections. Representative Jamie Raskin, the top Democrat on the House Judiciary Committee,…
Oct 1 (Reuters) – Russian President Vladimir Putin believes his meeting with Chinese counterpart Xi Jinping at an APEC summit in China next month will yield results and benefit ties, Russian news agencies quoted him saying in a letter to Xi. China did not confirm…
Oct 1 (Reuters) – Russian opposition figure and former world chess champion Garry Kasparov said on Wednesday that security services in the US and Lithuania had warned him that his life was in danger following a suspected plot against Kremlin opponents living outside Russia. US authorities…