Odey Asset Management suspends further funds after investor flight- website

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund’s website showed. The hedge fund, once run by one of Britain’s best known star managers, Crispin Odey, has grappled with investor flight after the founder became the focus of sexual misconduct allegations in media …

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Ex-Janus Henderson analyst denies insider dealing, money laundering

By Kirstin Ridley LONDON (Reuters) – A former senior analyst at asset manager Janus Henderson and four others on Friday pleaded not guilty in a London court to being part of a 15-month insider dealing and money laundering conspiracy. The Financial Conduct Authority (FCA) alleges Redinel Korfuzi misused confidential, price sensitive information to trade in …

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Las exportaciones y la producción de petróleo de Irán alcanzan máximos de cinco años

LONDRES, 16 jun (Reuters) – Las exportaciones de crudo y la producción de petróleo de Irán han alcanzado nuevos máximos en 2023 a pesar de las sanciones de Estados Unidos, según consultores, datos de envíos y una fuente familiarizada con el asunto, lo que ayuda a la oferta mundial en un momento en que otros …

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Britain’s ITV considers possible deal to buy All3Media

By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – Britain’s ITV is “actively exploring the possible acquisition” of production company All3Media, it said on Friday after Reuters reported the broadcaster’s interest. All3Media could be valued at more than 1 billion pounds ($1.3 billion), sources said in May when Reuters reported that the company’s owners were …

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Taliban’s central bank governor meets Chinese envoy to discuss banking ties

By Charlotte Greenfield (Reuters) -The Taliban’s acting governor of the Afghan central bank met China’s ambassador this week to discuss banking relations and business, the bank’s spokesperson told Reuters on Friday. Afghanistan’s banking system has been severely hampered by U.S.-led sanctions, a drop in liquidity from frozen central bank assets and a cut in development …

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Price war: Amazon excludes rival Temu from competitive price checks

By Arriana McLymore NEW YORK (Reuters) – Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn’t meet its standards. According to Amazon, Temu, an e-commerce marketplace that launched in September, does not meet its strict qualification …

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Fed-Direktor Waller signalisiert nach Pause weiter steigenden Leitzins

Washington (Reuters) – Fed-Direktor Christopher Waller sieht nach der jüngsten Zinspause noch Bedarf für eine Straffung der Geldpolitik. “Die Kerninflation sinkt nicht so, wie ich es mir vorgestellt hatte”, sagte er am Freitag auf einer Wirtschaftskonferenz in Oslo. Man müsse die Zinsen daher wahrscheinlich noch etwas erhöhen, um die Inflation zu zügeln. Die Inflationsrate in …

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U.S. judge considers whether Terraform Labs’ cryptocurrencies were securities

By Jody Godoy (Reuters) – A U.S. judge considered whether the digital assets created by Terraform Labs were securities at a hearing on Thursday, a question central to the U.S. Securities and Exchange Commission’s fraud case against the company and its founder Do Kwon. Kwon and Terraform Labs were behind two cryptocurrencies whose implosion roiled …

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