Australia's Macquarie reaps windfall profits from U.S. winter freeze

SYDNEY (Reuters) – Macquarie Group earned big profits off the winter storms sweeping across Texas and other U.S. states, with the gains from its trading operations single-handedly changing the Australian bank’s outlook for the year.FILE PHOTO: The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns the main entrance

Davos organisers prepare for August summit in Singapore, size unsure

SINGAPORE (Reuters) – Having delayed its ‘Davos’ summit in Singapore twice already, the World Economic Forum is pressing on with plans to gather in August, but how big the meeting is will depend on how COVID-19 concerns play out, the organisation’s president said.World Economic Forum (WEF) President Borge Brende speaks