By Saqib Iqbal Ahmed NEW YORK (Reuters) – Volatility-linked investment strategies are joining the nascent sell-off in U.S. stocks and could help accelerate declines if market gyrations keep increasing. Volatility control funds – systematic investment strategies that typically buy equities when markets are calm and sell when they grow turbulent – hoovered up stocks as
Starbucks (SBUX) is looking to find its footing amid a sea of rising global competition. Shares of the coffee chain are struggling as the company is being hit on multiple fronts, including a pullback in occasional visits in the US, cautious consumers in China, and increasing investments in coffee from players big and small. The
Saudi Crown Prince Mohammed bin Salman (right) welcomes Chinese President Xi Jinping in Riyadh on December 8, 2022. Photo: AFP “Middle Eastern sovereign wealth funds see opportunities in the attractive valuations of Chinese companies at the moment, and in the medium to long-term they are also very bullish on China and want to strengthen ties