investing
Investing
Honda, Nissan move to deepen ties, sources say, including possible merger
Investing
Dollar firm before Fed, carmakers rally on Honda-Nissan talks
Investing
Renault shares gain on Honda-Nissan tie-up talks
Investing
Experts’ comments on talks between Honda and Nissan to deepen ties
Dollar holds firm against peers as investors await Fed rate cues for 2025
Date: December 18, 2024
By Brigid Riley TOKYO (Reuters) – The U.S. dollar held firm on Wednesday as investors waited to see whether the Federal Reserve will deliver a hawkish cut ahead of other major central bank meetings this week, pushing the Australian and New Zealand dollars to fresh lows. The Fed is widely expected to deliver a 25-basis-point...
Dollar strong ahead of Fed meeting, Japan auto shares surge on Honda-Nissan news
Date: December 18, 2024
By Tom Westbrook SINGAPORE (Reuters) -Stocks stalled while the dollar drifted higher on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year’s final salvo of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks. S&P 500 futures were flat in the Asia session after the index...
UK’s FTSE 100 hits three-week low after strong pay data; Bunzl slumps
Date: December 18, 2024
(Reuters) – Britain’s FTSE 100 dropped to a three-week low on Tuesday after domestic data showing strong wage growth prompted investors to pare bets on Bank of England (BoE) interest rate cuts next year. The blue-chip index ended down 0.8%, while the mid-cap FTSE 250 lost 1.3%, its biggest one-day percentage fall in five weeks....
Banks, oil stocks knock European shares to two-week lows
Date: December 18, 2024
By Sruthi Shankar and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell to two-week lows on Tuesday, pressured by losses in energy and bank stocks, as investors awaited a slew of major central bank decisions later in the week. The pan-European STOXX 600 index ended 0.4% lower, its lowest closing level since Dec. 2. The oil...
Embraer shares rise on Luxair orders, Portugal defense ties
Date: December 17, 2024
SAO PAULO (Reuters) – Embraer said on Tuesday that Luxembourg-based Luxair has placed a firm order for two more E195-E2 jets, bumping up its 2023 order of four aircraft and helping to drive shares of the Brazilian planemaker higher. The first Luxair E2 is expected to be delivered in 2026, the Brazilian company said in...
Oil dips on demand concerns as investors await Fed meeting
Date: December 17, 2024
By Paul Carsten LONDON (Reuters) -Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained cautious ahead of a U.S. Federal Reserve decision on interest rates. Brent crude futures eased 78 cents to $73.13 a barrel by 1415 GMT while U.S. West Texas Intermediate crude was down 83 cents at...