Edition:
United States

Where to Invest

An insider’s look at where the market is headed under a new U.S. president and a changing world

Big British local authority pensions step up hedge fund bets

LONDON From Essex binmen to Liverpool councillors, government pension schemes in England and Wales are investing more in hedge funds whose bets, sometimes dictated by algorithms, have included exotic holdings such as Puerto Rican debt.

More Where to Invest Headlines

Photo

China November property investment growth slows, sales pick up

BEIJING Growth in China's property investment cooled in November as an official crackdown on riskier lending and stiffer regulation of the real estate market took effect.

Blackwater founder Prince to invest in Mozambique's hidden-loan firm

MAPUTO Erik Prince, founder of military contractor Blackwater, said on Wednesday he will partner with Mozambique's state-owned fishing firm embroiled in a $2 billion hidden loan scandal that triggered the collapse of the local currency and debt defaults.

Photo

Sports Direct shareholders veto payment to brother of founder Mike Ashley

LONDON Independent shareholders in Sports Direct on Wednesday voted against making a retrospective payment of 11 million pounds ($15 million) to the brother of founder and majority shareholder Mike Ashley for his work as an IT expert.

Photo

Glencore sees battery minerals powering profit in 2017 and beyond

LONDON Miner and trader Glencore said on Tuesday its battery minerals, especially cobalt, should spur profit in 2017 and beyond in an update for investors that also promised to grow the business, especially through partnerships.

Photo

Big investors press major companies to step up climate action

OSLO More than 200 institutional investors with $26 trillion in assets under management said on Tuesday they would step up pressure on the world's biggest corporate greenhouse gas emitters to combat climate change. | Video

Photo

Warburg Pincus to buy 20 percent stake in Bharti Airtel's DTH arm for $350 million

Bharti Airtel Ltd on Tuesday said an affiliate of U.S. private equity firm Warburg Pincus will buy up to a 20 percent stake in the Indian telecom operator's direct-to-home arm for $350 million.

Photo

Sanofi investors hungry for drug progress and deal news

PARIS Sanofi still needs to convince markets it can deliver on an exciting and sustainable growth path as it contends with fresh difficulties in its vaccines arm and looks set for another gloomy year in diabetes, investors told Reuters.

Photo

Myanmar's business confidence plummets as policy uncertainty bites: survey

YANGON Business confidence among entrepreneurs in Myanmar dropped "drastically" this year due to unclear economic policy, a survey shows on Tuesday, amid growing frustration over leader Aung San Suu Kyi's management of the fledgling economy.

FS Investments moves lending platform from Blackstone to KKR

Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger deals which are out of reach for other alternative lenders.

Angelo, Gordon promotes top executives amid succession planning

BOSTON Investment firm Angelo, Gordon is promoting two senior executives to co-chief investment officers to work alongside the firm's co-founder, Michael Gordon, as the firm prepares for an eventual generational change.

Photo

Apple aims to block climate, rights proposals with quick use of SEC guidance

BOSTON Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.

Photo

Exclusive: Myanmar to delay law that would have allowed more foreign investment

YANGON Myanmar will delay a long-awaited reform that would open the door further to foreign investment, two officials told Reuters, a move likely to disappoint cash-starved businesses amid growing doubts over the management of the economy by the country's leader, Aung San Suu Kyi.

Photo

Italian fund denies seeking to raise stake in Aston Martin

MILAN Italy's Investindustrial is not in talks to increase its stake in Aston Martin and no decision has been taken on a possible stock market listing for the British carmaker, the private equity group said, denying an earlier newspaper report.

Photo

Tyson Foods raises stake in plant-based protein maker Beyond Meat

Tyson Foods , the largest U.S. meat processor, said on Thursday it slightly raised its stake in plant-based protein maker Beyond Meat as it looks to tap growing demand for alternative sources of protein.

U.S.-based stock ETFs attract $14.6 billion of inflows, largest since June: Lipper

NEW YORK U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors' appetite for low-cost exposure to record-high stock markets.

Investment funds buy $9.481 billion two-year note in November: U.S. Treasury

(Reuters) – - Large investment managers bought $9.481 billion at a 2-year note auction held in November, compared with the $13.096 billion they purchased the previous month, data from the U.S. Treasury Department released on Thursday showed.

Photo

Vale cuts nickel output but is positive on long-term demand

NEW YORK Brazilian miner Vale SA dialed back its nickel output forecasts for the next five years on Wednesday, although the world's top producer of the metal praised its longer term prospects on likely soaring demand for electric cars.

Photo

Short-seller Muddy Waters bets against OSI Systems

BOSTON Carson Block, founder of short-seller Muddy Waters LLC, said he is betting that the stock price of OSI Systems Inc will fall, sending the company's shares tumbling more than 30 percent on Wednesday.

Photo

High tech, high finance and high times for U.S. pot industry

Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business. | Video