investing
Investing
How Investors Can Navigate the ESG Data Landscape — Even When the Boom Ends
Investing
Dollar gains, stocks retreat as inflation jitters return
Investing
ABN Amro shares fall as money-laundering provision boosts costs
Investing
FTSE 100 edges higher as Vodafone offsets China jitters
AutoStore shares fall 12% on worries over growth
Date: May 12, 2022
By Terje Solsvik and Marie Mannes OSLO (Reuters) -Norway’s AutoStore on Thursday posted weaker-than-expected order intake, sending its shares sharply lower on concerns a global economic slowdown could cut demand for its warehouse automation technology. AutoStore has seen exponential growth in orders from e-commerce firms, and last year became Norway’s most valuable stock market entrant...
STMicro sets bullish mid-term targets, shares rise
Date: May 12, 2022
(Updates share price move) By Mathieu Rosemain PARIS (Reuters) -Franco-Italian chipmaker STMicroelectronics said it is hoping for over $20 billion in annual sales by 2027 at the latest, sending its shares higher as investors welcomed the prospect of prolonged growth underpinned by the digitalisation of the economy. STMicro’s mid-term sales target represents about a 30%...
London stocks slide as downbeat GDP, hot U.S. inflation data weigh
Date: May 12, 2022
(Corrects typo in paragraph 1) (Reuters) – UK shares dropped on Thursday as risk sentiment took a beating after data showed British economy shrank in March, highlighting the cost-of-living crisis while persistently hot U.S. inflation data exacerbated investor fears of aggressive rate hikes. The blue-chip FTSE 100 was down 2%, as of 0705 GMT, with...
European stocks slump following Wall Street rout on rate worries
Date: May 12, 2022
By Sruthi Shankar (Reuters) -European stocks slumped on Thursday, echoing sharp losses on Wall Street overnight, after U.S. inflation data fuelled worries about the impact of rising interest rates on economic growth. The continent-wide STOXX 600 index slid 1.7%, reversing much of the mid-week gains. Technology, automakers and mining stocks were the top losers among...
Shares drop, yields shoot up after U.S. inflation data
Date: May 11, 2022
By Danilo Masoni MILAN (Reuters) – World shares turned lower on Wednesday and bond yields shot up after U.S. data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. U.S. futures turned negative after data showed U.S. annual consumer price growth slowed to 8.3%...
Wall Street set to open higher, oil prices extend losses
Date: May 10, 2022
By Elizabeth Howcroft LONDON (Reuters) -European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday’s sharp falls, but fears over economic growth still weighed on markets, pushing oil prices lower. Asian equities slipped to their lowest in nearly two years overnight, before trimming losses. A tumble in...