UK’s FTSE 100 dips on miners, energy drag
By Shashwat Chauhan (Reuters) -UK’s FTSE 100 slipped on Monday, as losses in heavyweight energy and mining stocks chipped away ..
Finance
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Baer says exposure to single group tops 600 million francs, as Signa crisis deepens
ZURICH (Reuters) -Julius Baer, which has been expected to write down some loans to troubled property group Signa, said on Monday it ha..
Business
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadi..
News
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
BoE’s Bailey says getting inflation to 2% will be ‘hard work’ LONDON (Reuters) -Bank of England Governor Andrew Bail..
Finance
Stocks snooze in Thanksgiving lull, still on course for best month in three years
By Naomi Rovnick and Stella Qiu LONDON/SYDNEY (Reuters) -Global shares drifted on Friday in the absence of guidance from Wall Street,..
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Dollar eases in thin Black Friday trading on bets rates have peaked
LONDON/SINGAPORE (Reuters) – The dollar slipped on Friday as investors bet U.S. interest rates have peaked, while the yen edged ..
Finance
China offers visa-free entry for citizens of France, Germany, Italy
BEIJING (Reuters) -China will temporarily exempt citizens of France, Germany, Italy, the Netherlands, Spain and Malaysia from needing ..
Top Story
Global equity funds attract inflows on hopes for end to Fed rate rises
(Reuters) – Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations ..
Finance
Web3 Builders Look to Alternate Growth Model with BNB Chain as Bear Market Funding Drops by 84%
BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, is highlighting the ..
Technology
Factbox-UK’s Hunt sets out plans to boost economic growth
LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..
News
BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge
November 19 saw BSC record more than 9.5M transactions in a single day Earlier in the week, BSC demonstrated gas price stability duri..
Finance
Maersk enters deal for half a million tonnes of green methanol annually
COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for ..
News
US stocks edge higher ahead of holiday, crude tumbles
By Stephen Culp NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, whil..
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Nvidia shares drop as China worries overshadow stellar forecast
By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs ..
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Dollar strengthens after U.S. labor, consumer sentiment data
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday, bouncing back from a 2-1/2 month low after econom..
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Temu, Shein far lag Amazon as online holiday shopping ramps up
NEW YORK (Reuters) – Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this ..
News
FTSE 100 snaps two-day losing streak on Sage results
(Reuters) -The UK’s FTSE 100 rose on Wednesday, as higher prices of gold spurred an uptick in precious metal miners, while Sage ..
Finance
Sam Altman’s return to OpenAI: tracking the Silicon Valley upheaval
(Reuters) -OpenAI said late on Tuesday Sam Altman would return to the company as CEO, capping days of high drama and marathon discussi..
Technology
Euro zone’s shadow banks face risk of margin calls, ECB says
FRANKFURT (Reuters) – Euro zone shadow banks face the risk of receiving large margin calls or client redemptions they cannot mee..
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DIY retailer Kingfisher cuts profit outlook again on weak French market
By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook f..
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Enel to invest 36 billion euros by 2026, be more selective on renewables
MILAN (Reuters) -Italy’s Enel plans 35.8 billion euros ($39 billion) gross capital expenditure in the next three years in a more..
Business
EU lawmakers urge COP28 climate summit to take aim at fossil fuels
By Kate Abnett BRUSSELS (Reuters) – The European Parliament called on Tuesday for a global deal at the U.N. COP28 climate summi..
Business
Britain to launch South Korea trade talks as president visits
LONDON (Reuters) -Britain rolled out the red carpet for South Korea’s president on Tuesday at the start of a state visit intende..
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Siemens Energy’s struggling wind unit plans $436 million in cost cuts
FRANKFURT/DUESSELDORF (Reuters) -Siemens Gamesa, the struggling wind division of Germany’s Siemens Energy, plans to cut costs by..
Business
What is NPV in finance?
In the dynamic world of finance, understanding key concepts is crucial for making informed decisions. One such fundamental concept is ..
Finance
What is capEx in finance?
In the dynamic landscape of finance, certain terms hold immense importance, shaping the financial health of businesses. One such cruc..
Finance
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling..
News
BBC scraps UK Top Gear show for ‘foreseeable future’ following crash
LONDON (Reuters) – The British version of the globally popular BBC car show ‘Top Gear’ will not return for the fore..
Business
Spain’s Grenergy to expand in US under $2.8 billion plan
MADRID (Reuters) – Spain’s Grenergy plans to more than double its U.S. solar power generation projects pipeline in the nex..
News
Hear No Evil
Equity markets rose last week for the third week running. Global equities returned 2.4% in local currency terms and a somewhat smaller..
Finance
Firmer pound weighs on FTSE 100 ahead of interim budget; Ashtead tanks
(Reuters) -UK’s FTSE 100 dipped on Monday, weighed by a stronger pound and a slide in shares of equipment rental firm Ashtead Gr..
News
European shares inch up after robust week; Bayer tanks
By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -European shares edged higher on Monday after a strong week driven by aggressive ..
News
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers
NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasing..
News
Who has a high CQ, and why is it so useful?
By Thom Dennis, CEO of culture and leadership specialists, Serenity in Leadership Cultural Intelligence or Quotient (CQ) ..
Business
Brent, US crude futures climb over 2% as OPEC cuts expected
HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+..
News
OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
SAN FRANCISCO (Reuters) -OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Micr..
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Factbox-German budget crisis tests limits of its ‘debt brake’
BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-all..
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