Sovereign funds pull $3.7 billion from global stock, bond markets in third quarter

LONDON (Reuters) – Sovereign wealth funds (SWFs) withdrew more money from global stock and bond markets in the third quarter of 2017, albeit at a slower pace with net outflows of $3.7 billion, data from research firm eVestment showed on Thursday. This was down from the second quarter’s $7.7 billion of redemptions and the first quarter’s whopping $22.7 billion, but it still marked the 13th straight quarter of withdrawals. Oil-backed sovereign funds have been under pressure since oil prices tumbled from their mid-2014 highs of $115 a barrel to belowRead More

France drop Benneteau and Mahut for Davis Cup final

LILLE, France (Reuters) – Doubles specialists Nicolas Mahut and Julien Benneteau have been omitted from the France team to play Belgium in the Davis Cup final starting on Friday. Tennis – Davis Cup Final Preview – France vs Belgium – Lille, France – November 23, 2017 France captian Yannick Noah with Lucas Pouille, Jo-Wilfried Tsonga, Richard Gasquet and Pierre-Hugues Herbert ahead of the final REUTERS/Pascal Rossignol In Thursday’s draw, captain Yannick Noah named Jo-Wilfried Tsonga, Lucas Pouille, Richard Gasquet and Pierre-Hugues Herbert for the three-day event in Lille. Belgium willRead More

U.S. bond fund investors stirred, not shaken

NEW YORK (Reuters) – U.S. fund investors pumped millions into bond funds for a 50th straight week, the Investment Company Institute (ICI) said on Wednesday, showing that caution in recent weeks may not portend a flight from debt generally. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 20, 2017. REUTERS/Brendan McDermid Taxable-bond mutual funds and exchange-traded funds (ETFs) took in $839 million during the turbulent week ended Nov. 15, the lowest in nearly a year, as high-yield debt came under pressure,Read More

Gay romance ‘Call Me By Your Name’ leads indie Spirit nominations

LOS ANGELES (Reuters) – “Call Me By Your Name,” a coming-of-age drama of two young men falling in love, led the Independent Spirit Awards nominations on Tuesday. The film landed six nominations including best male lead for Timothee Chalamet, supporting male lead for Armie Hammer and best feature, which is the top prize. Jordan Peele’s sharp dissection of race relations in horror movie “Get Out” landed five nods and will also be competing for best feature, alongside coming-of-age tale “Lady Bird,” heartland drama “The Rider” and “The Florida Project,” aboutRead More

France’s strength in depth gives them the edge against Goffin’s Belgium

PARIS (Reuters) – France’s strength in depth makes them the favorites for this week’s Davis Cup final against Belgium, who will need David Goffin to be at his very best to stand a chance in the three-day showdown in Lille. FILE PHOTO: France’s Jo-Wilfried Tsonga celebrates winning his match against Serbia’s Dusan Lajovic REUTERS/Pascal Rossignol Belgium, seeking their first title, will be led by world number seven Goffin, who beat Rafa Nadal and Roger Federer at the ATP Finals last week, but nine-time champions France seem better armed. Jo-Wilfried TsongaRead More

U.S. judge strikes down Texas measure to limit second-trimester abortions

AUSTIN, Texas (Reuters) – A U.S. district judge on Wednesday struck down parts of a Texas law that would ban the most common type of second-trimester abortions in the state, after plaintiffs argued the procedure was safe, legal and necessary for women’s health. U.S. District Judge Lee Yeakel in Austin issued a permanent injunction against the provisions that were in legislation known as Senate Bill 8 (SB 8) and set to take effect this year, saying they “are facially unconstitutional.” He added: “The act intervenes in the medical process ofRead More

‘A Killing on the Cape’: The Murder of Christa Worthington — Episode 5 – Sharing #ABC #News Feed

This is Episode 5 of “A Killing on the Cape,” a six-episode ABC Radio podcast and an ABC News “20/20” documentary. For Episodes 1-4, please visit Subscribe and listen to the podcast on our partners and platforms: Apple Podcasts, Spotify, Google Play Music, TuneIn, Stitcher and under the “Listen” tab on the ABC News app. The “20/20” special presentation of “A Killing on the Cape” will air on Friday, Nov. 24, starting at 9 p.m. ET. Episode 5: The Verdict – When police announced the arrest of Christopher McCowenRead More

FINRA fines JPMorgan $1.25 million for failures in employee background checks

NEW YORK (Reuters) – The Financial Industry Regulatory Authority said on Tuesday it fined JPMorgan Chase & Co’s (JPM.N) securities division $1.25 million for failing to conduct adequate background checks on 8,600 employees, including four people whose criminal convictions automatically disqualified them from working there. A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files Of the four individuals that FINRA found who were subject to “statutory disqualification” because of some criminal history, it said that oneRead More

David Cassidy, teen heartthrob of ‘The Partridge Family,’ dies at 67

(Reuters) – David Cassidy, a singer and actor whose androgynous features and jaunty voice made him a 1970s teen heartthrob on the television show “The Partridge Family,” died on Tuesday at age 67, his publicist said. FILE PHOTO: David Cassidy smiles for photographers outside the Phoenix theatre in London, Britain October 23, 1995. REUTERS/Andrew Shaw/File Photo Cassidy entered a hospital over the weekend for treatment of liver failure. He died in the intensive care unit of a Florida hospital, his publicist, Jo-Ann Geffen, said in a telephone interview. [nL1N1NO0JA] InRead More

David Cassidy, ‘Partridge Family’ star, dies at 67 – Sharing #ABC #News Feed

“Partridge Family” star David Cassidy has died, his publicist announced Tuesday night. He was 67. “On behalf of the entire Cassidy family, it is with great sadness that we announce the passing of our father, our uncle, and our dear brother, David Cassidy,” the former teen idol’s publicist said in a statement. “David died surrounded by those he loved, with joy in his heart and free from the pain that had gripped him for so long. Thank you for the abundance and support you have shown him these many years.”Read More