investing
Investing
European stocks rally on Fed relief, encouraging earnings
Investing
Global rally lifts UK shares over 1% ahead of BoE decision
Investing
Russia weighs on Credit Agricole’s Q1, capital miss hits shares
Investing
UniCredit cheers investors with buyback as Russia hits profit
Stocks slide, dollar holds ground as U.S. rate hike looms
Date: May 2, 2022
By Danilo Masoni MILAN (Reuters) – Shares fell and the dollar held near highs in holiday-thinned trading on Monday, as concerns about economic growth lingered ahead of an expected U.S. rate hike this week and after data showed COVID-19 lockdowns slowed China’s factory activity. MSCI’s benchmark for global stocks was down by 0.4% by 1148...
Brief crash hits European stocks in holiday-thinned trading
Date: May 2, 2022
By Stine Jacobsen and Nikolaj Skydsgaard COPENHAGEN (Reuters) – European stocks suddenly fell on Monday before partly recovering in what brokers described as a “flash crash” or an erroneous trade on a day where a holiday thinned trading activity. The Stockholm benchmark stock index was amongst the hardest hit and after falling by 8% at...
Oil prices fluctuate amid supply constraints and demand concerns
Date: April 28, 2022
By Ahmad Ghaddar LONDON (Reuters) -Oil prices steadied after trading in and out of positive territory on Thursday as investors weighed up tightening Russian supplies and the prospect of slowing fuel demand in China. Brent crude futures were down 9 cents at $105.23 a barrel by 1347 GMT. U.S. West Texas Intermediate crude rose 13...
Boeing shares plunge on fresh 777X setbacks, array of charges
Date: April 27, 2022
By Eric M. Johnson and Abhijith Ganapavaram (Reuters) -Boeing Co said on Wednesday it was halting 777X production through 2023 due to a fresh delay in its entry into service after certification problems and weak demand, with $1.5 billion in added costs for the mini-jumbo program. Shares of the U.S. planemaker fell 11% to $146.62...
US, European shares rise as earnings mixed; euro dives to lowest since 2017
Date: April 27, 2022
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) – Major U.S. and European equity indexes rose in choppy trade on Wednesday, and the euro dropped to its weakest since 2017 after Russia halted gas supplies to Bulgaria and Poland and investors worried more about the region’s economy. Wall Street rose, rebounding the day after a...
Harley-Davidson profit drops on rising costs and chip shortages
Date: April 27, 2022
By Bianca Flowers (Reuters) -Harley-Davidson Inc reported a drop in first-quarter profit, in line with Wall Street expectations, as margins at the motorcycle maker were squeezed by higher costs and chip shortages, while sales were boosted by global price increases. The Milwaukee-based company’s shares were down 1.2% in midmorning trading at $36.20 on the New...