Tag: industrial news

Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market

Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market

Updated Oct. 25, 2023 6:04 pm ETA London hedge-fund manager accused of manipulating the foreign-exchange market was convicted Wednesday of fraud in a [...]
Otis Worldwide Posts Lower 4Q Sales on Forex Headwinds

Otis Worldwide Posts Lower 4Q Sales on Forex Headwinds

By Will Feuer Otis Worldwide Corp. posted lower sales for the fourth quarter as the strong U.S. dollar wiped out gains. The elevator-and- [...]
Invesco Says Forex Decreased 4Q Revenues

Invesco Says Forex Decreased 4Q Revenues

By Paulo Trevisani Invesco Ltd. said Tuesday that changes in foreign exchange rates decreased its net revenues by $44.3 million in the fo [...]
News Corp Says Lower Book Sales on Amazon, Foreign Exchange Weigh on Results

News Corp Says Lower Book Sales on Amazon, Foreign Exchange Weigh on Results

BusinessEarningsWall Street Journal parent Dow Jones was lone unit to post revenue growth in latest quarter news.google.com [...]
How midnight forex trading in Singapore led to a London hedge fund founder’s arrest

How midnight forex trading in Singapore led to a London hedge fund founder’s arrest

Hedge fund Glen Point Capital was thrown into the headlines this week when its co-founder and co-chief investment officer Neil Phillips was arrested i [...]
Turkish Lira, Stocks Sink Amid Inflation Concerns

Turkish Lira, Stocks Sink Amid Inflation Concerns

Istanbul’s stock market was twice forced to halt trading and the Turkish lira continued to fall Friday as concerns deepened that recent interest-ra [...]
Trade takes cue from crypto traders with weekend FX buying and selling

Trade takes cue from crypto traders with weekend FX buying and selling

Welcome to The Fintech Information, your weekly roundup from FN’s fintech correspondent Ryan Weeks, protecting you recent with the most recen [...]
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