NEW YORK (Reuters) -Shares of Invesco jumped more than 14% on Friday, hitting their highest level in more than two years after the investment manager filed paperwork to reclassify its popular QQQ exchange-traded fund into a management company.
An Invesco subsidiary, Invesco Capital Management, filed paperwork with the Securities and Exchange Commission, seeking permission from QQQ beneficial owners to operate the ETF as a management company, according to a... (continue reading...)
(Reuters) -Congo and the M23 rebel group have agreed to a declaration of principles to end fighting in eastern Congo, a sign of progress after months of talks mediated by Qatar, though key details still need to be negotiated, four sources said on Friday.
(Reporting by Sonia Rolley and Stanis Bujakera;Writing by Robbie Corey-Boulet; Editing by Chris Reese)
NEW YORK (Reuters) -Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade policies, data from provider HFR showed.
Hedge funds lured $37.3 billion in inflows in the first half of 2025, while they attracted $7.2 billion in the same period a year earlier, according to HFR.
Roughly $30 billion in fresh was were invested into... (continue reading...)
By Ahmed Aboulenein
WASHINGTON (Reuters) -The United States has rejected an agreement adopted by members of the World Health Organization to improve preparedness for future pandemics following the disjointed global response to COVID-19, the government said on Friday.
The Department of State and Department of Health and Human Services said in a statement they had transmitted on Friday the official U.S. rejection of the legally binding pact,... (continue reading...)
WASHINGTON (Reuters) -The 2019 suicide of disgraced financier and sex offender Jeffrey Epstein in a New York jail cellĀ generated conspiracy theories, fueled by U.S. President Donald Trump's conservative MAGA movement, that he was killed by one of his famous connections.
Here are some facts about Epstein and the current controversy:
WHO IS JEFFREY EPSTEIN?
The Brooklyn-born Epstein, a former high school math teacher who later... (continue reading...)
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