investing
Investing
Oil drops below $100 on reserves release and China lockdowns
Investing
Benchmark Treasury yield hits 3-yr high; dollar index reaches 100
Investing
European equity funds notch big inflows in week to April 6
Investing
Yields rise, stocks drop as investors wait for Fed minutes
Musk takes 9% stake in Twitter to become top shareholder
Date: April 4, 2022
By Nivedita Balu (Reuters) – Tesla Inc top boss Elon Musk revealed a 9.2% stake in Twitter Inc, worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a more than 25% rise in the company’s shares. Musk’s move comes close on the heels of his tweet that he was giving a...
Industrials and leisure stocks boost UK shares higher; Ted Baker rallies
Date: April 4, 2022
By Sruthi Shankar and Devik Jain (Reuters) – Gains in industrials and leisure stocks drove Britain’s share indexes higher on Monday, with investors closely tracking developments around the Russia-Ukraine crisis, while fashion retailer Ted Baker jumped after launching a formal sale process. The blue-chip FTSE 100 closed up 0.3%. Drugmaker AstraZeneca rose 0.7, while precious...
Starbucks’ Schultz announces halt to stock buybacks, shares fall
Date: April 4, 2022
By Hilary Russ NEW YORK (Reuters) -Starbucks Corp will pause billions of dollars of stock buybacks, longtime former chief executive Howard Schultz said on Monday as he returns this week to lead the global coffee chain for the third time. Effective immediately, the suspension will allow Starbucks to invest more in employees and stores, Schultz...
Stocks stall as West considers more sanctions against Russia
Date: April 4, 2022
By Julien Ponthus LONDON (Reuters) – Global equity markets made a cautious start on Monday amid talk of more sanctions against Russia over its invasion of Ukraine, while a closely watched part of the U.S. yield curve fuelled recession worries further. Germany said the West would agree to impose more sanctions on Russia in the...
ESG credentials key to attracting private investments, with ethical and moral concerns a deciding factor
Date: April 1, 2022
31 March 2022 – New research by leading London law firm Collyer Bristow LLP has demonstrated that the ESG (environmental, social and (corporate) governance) credentials of a company are an important factor in investment decisions for a number of private investors – with over a third of respondents (35%) confirming that moral and ethical reasons...
U.S., European stocks suffer worst quarter since pandemic
Date: March 31, 2022
By Koh Gui Qing NEW YORK (Reuters) -Global stocks dropped on Thursday with U.S. shares sinking over 1.5%, as concerns about a recession and the Russian-Ukranian war spurred selling, while oil prices plunged over $6 as Washington launched a record release from its emergency oil reserves. The declines pushed U.S. and European stocks into their...