investing
Investing
UniCredit to offer wealthy clients Blackstone’s private equity fund
Investing
Wall Street stocks advance, dollar steady amid political turmoil in South Korea, France
Investing
UK’s FTSE 100 falls as AstraZeneca, BoE Governor’s remarks weigh
Investing
STOXX 600 up ahead of France’s pivotal vote, German DAX holds firm above 20,000 mark
Aussie slumps on tepid economy, won stable after martial law lifted
Date: December 4, 2024
By Kevin Buckland TOKYO (Reuters) -The Australian dollar tumbled to a four-month low on Wednesday after weaker-than-expected economic growth raised expectations for earlier interest rate cuts, while South Korea’s won stabilised after a decision to impose martial law was reversed. The Chinese yuan tried to pull away from its weakest in more than a year...
Qatar to invest $1.3 billion in climate technology in Britain
Date: December 4, 2024
LONDON (Reuters) – Qatar will invest 1 billion pounds ($1.3 billion) in climate technology in the United Kingdom, with engineering company Rolls-Royce set to benefit from some of the cash to support its energy transition, the British government said on Wednesday. The announcement was made during a two-day state visit to Britain by Qatar’s emir,...
Exclusive-Worldline attracts early stage interest from private equity firms, sources say
Date: December 3, 2024
By Amy-Jo Crowley and Mathieu Rosemain LONDON (Reuters) -French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling share price, profit warnings and leadership change, five people with knowledge of the matter said. Bain Capital is among private equity firms that have been in the...
Oil prices rise ahead of OPEC+ meeting
Date: December 3, 2024
By Robert Harvey LONDON (Reuters) -Oil prices rose more than 1.5% on Tuesday as investors await an OPEC+ meeting expected to rubber stamp continued output cuts while a fragile ceasefire between Israel and Lebanon provided additional support. Brent crude futures rose $1.16, or 1.6%, to $72.99 a barrel by 1346 GMT while U.S. West Texas...
Europe and Asia stocks climb while dollar and US futures hold steady
Date: December 3, 2024
By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -European and Asian stocks rallied on Tuesday after tech companies spurred Wall Street to record highs overnight, while the dollar held steady after jumping the previous day. Europe’s Stoxx 600 index rose 0.42% and Britain’s FTSE 100 climbed 0.79%. France’s CAC 40 was up 0.35% after failing...
UK’s FTSE 100 jumps on energy boost
Date: December 3, 2024
(Reuters) – The UK’s benchmark FTSE 100 extended gains on Tuesday as a rise in oil prices lifted the heavyweight energy shares, while EasyJet jumped to a near eight-month high after multiple brokerages raised their target price on the budget airline. The blue-chip FTSE 100 rose 0.7%, while the midcap FTSE 250 was up 0.5%...