Investing
Investing
Oil Bounces as Tight Supply Gives High Floor to Prices
Investing
Ge Reaffirms 2022 Earnings Forecast Despite Challenges
Investing
Oil Plunges as Much as 17% as UAE Says Support Output Hike
Investing
Stocks Rebound as Markets Pause, Oil Prices Cool Down
Oil Price Soars on Talks About Russia Oil Ban, Iran Deal Delay
Date: March 7, 2022
By Bozorgmehr Sharafedin and Scott DiSavino LONDON (Reuters) -Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European allies considered banning Russian oil imports and prospects for a swift return of Iranian crude to global markets receded. Brent crude reached $139.13 a barrel and...
GameStop’s Cohen Takes Stake in Bed Bath & Beyond, Pushes for Changes
Date: March 7, 2022
By Svea Herbst-Bayliss (Reuters) -Billionaire investor Ryan Cohen said on Sunday he now owns nearly 10% of Bed Bath & Beyond and wants the housewares retailer to explore strategic alternatives that include a full sale of the company. Cohen, who co-founded online pet products retailer Chewy and is chairman of the board of videogame retailer...
German Real Yields Fall to New Record Lows on Stagflation Fears
Date: March 7, 2022
By Stefano Rebaudo MILAN (Reuters) – Surging inflation expectations triggered by possible sanctions on Russian oil drove euro zone real government bond yields to fresh record lows on Monday, amid rising fears of a stagflationary shock for the European economy. Brent crude prices soared to their highest levels since 2008 after the United States and...
Insights Into Regime Change and Volatility in 2022
Date: March 6, 2022
By Thomas Becket, CIO, Psigma Investment Management The start of the year has seen falls across most asset markets, with the combined world stock market down 4.6% and the UK government bond index losing 3.9% in January. We have also seen a major reversal in the fortunes of the recent leaders and laggards, with the...
Financial Screws Turned on Russia as Insurers Exit, London Stocks Halted
Date: March 4, 2022
By Carolyn Cohn and Lawrence White LONDON (Reuters) -Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities and some insurers withdrew cover from exporters over Moscow’s invasion of Ukraine. Banks, investors and insurers have in recent days ratcheted up that pressure by exiting investments...
Stocks Slide as Oil Surge Rattles Inflation Fears
Date: March 3, 2022
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) – Oil prices soared again on Thursday as the Ukraine war sparked a run on commodities that raised fears of “stagflation” and stocks on Wall Street and in Europe fell as investors hoped central banks will be prudent as they move to tighten monetary policy. The...