Investing
Investing
Kkr Raises $19 Billion for Flagship North America Private Equity Fund
Investing
Factbox – Global Edible Oil Markets Simmer After Shock Indonesia Ban
Investing
Wall Streets Sinks, Bond Yields up as Powell Suggests Aggressive Fed Policy
Investing
AutoNation Gets a Bumpy Ride as Investors Worry About U.S. Consumers
Oil Rises on Worry About Supply Disruption From Russia, Libya
Date: April 21, 2022
By Noah Browning LONDON (Reuters) – Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on Russian oil imports while the market continues to deal with reduced supplies from Libya. Brent crude futures rose $1.36, or 1.3%, to $108.16 a barrel at 11:11 a.m. ET (1511...
Carrefour Shares Fall as Retailer’s French Q1 Sales Disappoint
Date: April 21, 2022
PARIS (Reuters) -Shares in Carrefour fell nearly 4% on Thursday after Europe’s largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, overshadowing more robust growth in Brazil. The French retailer said on Wednesday it was confident about its 2022 outlook, confirming a key cash flow target for the...
European Shares Extend Gains on Upbeat Earnings; Anglo American Drags Miners Lower
Date: April 21, 2022
By Anisha Sircar (Reuters) -European shares rose on Thursday following a series of positive earnings updates, while miners dropped more than 2% as Anglo American slumped after slashing its production outlook. The pan-European STOXX 600 firmed 0.5%, rising for a second straight day, with construction and travel shares in the lead. Miners dropped 2.3%, leading...
Financial Stocks Lift FTSE 100 Higher; Resource Stocks Cap Gains
Date: April 20, 2022
By Devik Jain (Reuters) – London’s FTSE 100 closed higher on Wednesday as gains in financial shares outweighed weakness in resource stocks, while miner Rio Tinto hit the bottom of the index on a downbeat earnings update. The blue-chip index rose 0.4%, with banks up 2.5% leading gains, while consumer staple names British American Tobacco,...
Gains in Stocks Capped by Rise in Real Yields, Netflix Disappoints
Date: April 20, 2022
By Huw Jones LONDON (Reuters) – Stocks edged higher on Wednesday, but gains were capped by questions over how far real bond yields will rise as investors sifted through disappointing Netflix earnings and war continued in Ukraine. The STOXX index of 600 European companies gained 0.4% to 458.17 points. The MSCI all country stock index...
Earnings Boost Wall Street While Growth Fears Sink Oil
Date: April 20, 2022
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks surged Tuesday on the back of stronger than expected corporate earnings, but bleak forecasts on global economic growth pushed up bond yields and drove down oil. The tech-heavy Nasdaq led the way for gains in U.S. markets, as many corporations began to report stronger than expected earnings....