PARIS (Reuters) – Carlos Ghosn, the ousted boss of the Renault-Nissan (RENA.PA) (7201.T) carmaking alliance who was awaiting trial in Japan on charges of financial misconduct, flew into Lebanon on Monday evening, several newspapers reported. FILE PHOTO: Former Nissan Motor chairman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Continue Reading
Activist hedge fund Marcato Capital to shut down after drop in assets
BOSTON (Reuters) – Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday. FILE PHOTO: Blackstone Group CEO and Co-Founder Steve Schwarzman speaks at a Reuters Newsmaker event in Continue Reading
Asian shares hit 18-month top in festive cheer; oil, gold hold gains
SYDNEY (Reuters) – Asian shares jumped to an 18-month high on Friday while gold and oil prices stayed buoyant in a holiday-shortened week, as investor optimism was boosted by hopes a U.S.-China trade deal would soon be signed. FILE PHOTO: A man is reflected on a stock quotation board outside Continue Reading
How risky ETFs won the decade – and why they might not repeat that performance
NEW YORK (Reuters) – Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some cases neared 2,000%, despite warnings that they are not suitable for most investors. FILE Continue Reading
9 Ways to Deal When Decking the Halls Doesn’t Bring You Joy
Good reasons to hate the holidays Who doesn’t love the holidays? Oh, plenty of people. Maybe you have a tense relationship with your family. Or you like your family, but they live far away, and you’ll be spending the holidays solo. Perhaps you’ve suffered a loss, and the season is Continue Reading
China’s industrial output to grow around 5.6% year-on-year in 2019: ministry
FILE PHOTO: Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23, 2019. REUTERS/Stringer BEIJING (Reuters) – China’s industrial output is expected to grow around 5.6% in 2019, the Ministry of Industry and Information Technology said Continue Reading
D.E. Shaw’s Orienteer strategy posts double-digit returns this year
BOSTON (Reuters) – D.E. Shaw’s Orienteer platform, the backbone of the $50 billion investment firm’s multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime. The Orienteer platform’s HV variant gained 41.3% through November while the main Orienteer strategy gained 25.8% during the Continue Reading
How to Network Today to Accelerate Your Genomics and Genetics Career
What does it mean to connect the dots, and how do you even detect the dots you want to connect? Connect the dots originated from a picture game linking numbered dots in order, without lifting your writing instrument, to form a drawing. Today, it has evolved into a colloquialism about Continue Reading
Asian shares ease from highs, reaction to impeachment muted
TOKYO (Reuters) – Asian shares pulled back from a one-and-a-half year peak on Thursday as investors booked profits ahead of holiday trade and awaited further data on the state of the global economy. FILE PHOTO: People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Continue Reading
How can Generation Z compete with robots? Focus on the human touch
NEW YORK (Reuters) – It sounds counterintuitive, but members of Generation Z will have to focus on human connections if they want to compete with robots for the jobs of the future. FILE PHOTO: The head of Ai-Da, a humanoid robot capable of drawing people from life using her bionic Continue Reading