French sports officials snub minister’s speech over planned budget cut
PARIS (Reuters) – French sports officials walked out of a speech by new minister Marie Barsacq over a planned 33% budget cut for their sector just a few months after a memorable Paris Olympics. Earlier this month, Finance Minister Eric Lombard
UBS sees 5% US 10-year Treasury yield as equities’ negative threshold
Investing.com — UBS strategists, led by Andrew Garthwaite, have indicated that a 5% yield on the US 10-year Treasury would mark a negative turning point for equities. They also suggest a 35% chance of a stocks bubble, which could happen
Hong Kong’s New World Development says business operations are ‘as usual’
(Reuters) – Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business as usual, following “media rumours” about its operations and financial obligations. Earlier this week, the company had issued a clarification that it