Eight men in frame to run Norway wealth fund, including deputy CEO

OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer... Read more »

Pioneer Natural CEO calls on investors to divest in companies with high flaring

HOUSTON (Reuters) – The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates... Read more »

U.S. stock funds lose $2.6 billion in week: Lipper

(Reuters) – U.S. equity funds saw outflows of $2.6 billion in the latest week, according to Lipper. U.S.-based taxable bond funds attracted $7.9 billion in the week ended on... Read more »

Global shares slump on China virus economic concerns, gold gains

NEW YORK (Reuters) – Global equity markets headed toward their first monthly loss since August on Friday as growing concerns about the economic impact of the coronavirus outbreak in... Read more »

Asia shares fight for footing after turbulent week

SYDNEY (Reuters) – Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever... Read more »

Wall St. falls on China virus concerns, Facebook earnings

(Reuters) – U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, while weak earnings from Facebook and others added to... Read more »

Sovereign wealth funds move mainstream, make less contrarian bets

LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder... Read more »

L Brands CEO in talks to step aside and sell Victoria’s Secret: WSJ

(Reuters) – Victoria’s Secret-owner L Brands (LB.N) Chief Executive Officer Leslie Wexner is in talks to step aside from the role and is exploring strategic alternatives for the lingerie... Read more »

Asian stocks rise as Apple drives tech gains, virus worries ease

TOKYO (Reuters) – Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact... Read more »

Wall Street recovers from Monday rout on tech, financial support

(Reuters) – U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over... Read more »