Finance

Blackstone and Hudson Pacific plan $1 billion film studios in UK

U.S. firms Blackstone (BX.N) and Hudson Pacific Properties (HPP.N) said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, in the first overseas expansion of their Sunset Studios platform.

Allianz cooperating as DOJ probes Structured Alpha Funds

The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors’ Structured Alpha Funds, following litigation pending in U.S. courts on the matter, German insurer Allianz (ALVG.DE) said on Sunday.

Schroders’ assets near $1 trillion, aided by low interest rates

Low interest rates are bolstering money managers like Schroders (SDR.L), its chief executive said on Thursday as the British firm posted a jump in first-half profits and record high assets under management of 700.4 billion pounds ($977.7 billion).

Fed says economic recovery remains on track despite COVID-19 surge

The U.S. economic recovery is still on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday in a new policy statement that remained upbeat and flagged ongoing talks around the eventual withdrawal of monetary policy support.

Chinese stocks in tentative bounce, Fed in no hurry to taper

Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus, though the mood was fragile as investors waited to see if Beijing could stem the recent bloodletting in Chinese shares.

Blackstone and Hudson Pacific plan $1 billion film studios in UK

U.S. firms Blackstone (BX.N) and Hudson Pacific Properties (HPP.N) said they planned to create a major film, TV and digital production complex in Broxbourne, north of London, in the first overseas expansion of their Sunset Studios platform.

Allianz cooperating as DOJ probes Structured Alpha Funds

The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors’ Structured Alpha Funds, following litigation pending in U.S. courts on the matter, German insurer Allianz (ALVG.DE) said on Sunday.

Schroders’ assets near $1 trillion, aided by low interest rates

Low interest rates are bolstering money managers like Schroders (SDR.L), its chief executive said on Thursday as the British firm posted a jump in first-half profits and record high assets under management of 700.4 billion pounds ($977.7 billion).

Fed says economic recovery remains on track despite COVID-19 surge

The U.S. economic recovery is still on track despite a rise in coronavirus infections, the Federal Reserve said on Wednesday in a new policy statement that remained upbeat and flagged ongoing talks around the eventual withdrawal of monetary policy support.

Chinese stocks in tentative bounce, Fed in no hurry to taper

Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush to taper stimulus, though the mood was fragile as investors waited to see if Beijing could stem the recent bloodletting in Chinese shares.

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