Reuters

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Malaysia court rules in favor of Wynn Macau in $4.2 million case: lawyer

7:07
A Malaysian judge on Friday ruled in favor of Wynn Macau in a case against a fund manager who owed the casino millions of dollars, the company's lawyer said, the first time a casino has been allowed to recover dues in the country.

PBGC steps in to oversee Sears' two pension plans

3:48
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp's two pension plans, covering about 90,000 people, the U.S. government agency said on Friday.

Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources

3:48
BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two sources told Reuters.

White House adviser Kudlow says making progress on China trade talks

1:01
White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade negotiations but reaching a deal would take time.

Fed policymakers leave little doubt: Rate hikes can wait

0:28
"Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first policy meeting of the new year, as officials leave little doubt they want to stop raising interest rates - at least for a while.

Fed's Brainard sees mounting negative risks for U.S. economy

0:28
Federal Reserve Governor Lael Brainard on Friday became the latest U.S. central banker to worry publicly about rising risks for the U.S. economy, suggesting she could embrace a pause on raising interest rates that has won support among most of her peers.

LJM Partners sues unnamed 'manipulators' it blames for volatility losses

0:27
LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year's jump in stock market volatility that effectively put the fund manager out of business.

FedEx to take up to $575 million charge as it starts voluntary buyouts

0:27
FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary cash buyouts to certain U.S-based employees in a bid to reduce costs.

Luxury online reseller The RealReal in talks with banks for IPO: sources

23:49
U.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar with the matter said on Friday.

Stocks rally on trade hopes, dollar has first weekly gain of 2019

23:16
World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict.

Morgan Stanley CEO James Gorman pay rises 7 percent to $29 million: filings

23:16
Morgan Stanley Chief Executive James Gorman's overall pay rose 7 percent to $29 million last year during a period that saw the firm's net revenues rise 5 percent to $40.1 billion, according to bank filings released on Friday.

Exclusive: U.S. demands regular review of China trade reform

23:16
The United States is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations.

Explainer: How U.S.-China talks differ from any other trade deal

23:16
The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact.

Wall Street extends rally on U.S.-China trade optimism

23:16
U.S. stocks rallied on Friday, helping Wall Street's major indexes advance for the fourth consecutive week, as increased hopes the United States and China would resolve their trade dispute lifted shares across sectors.

Canada dismisses China's warning of repercussions over Huawei ban

23:15
Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.
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