investing
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European shares edge lower, tech stocks drag after Nvidia’s disappointing forecast
Investing
Nvidia’s AI chip demand still booming but slowing sales growth worries investors
Investing
Oil prices edge up on geopolitical tensions; higher-than-expected US inventories cap gains
Investing
Dollar pulls ahead as markets focus on Trump policies, Fed outlook
Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans
Date: November 21, 2024
SINGAPORE (Reuters) – Bitcoin’s march toward $100,000 made further ground on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin prices topped $96,000 for the first time in Asia trade, touching a high just above $96,898. The cryptocurrency’s price...
Investors lift US dollar, focus on Federal Reserve outlook
Date: November 21, 2024
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session decline as investors looked for more insight on the Federal Reserve’s interest rate plans and U.S. President-elect Donald Trump’s proposed policies. Safe-haven currencies such as the Japanese yen, Swiss franc and the greenback saw a brief...
LetterOne loses first UK national security appeal over forced broadband sale
Date: November 21, 2024
LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on Wednesday, in the first challenge under Britain’s recent national security law to reach London’s High Court. LetterOne, whose owners include sanctioned oligarchs Mikhail Fridman and Petr Aven, was made to sell regional provider Upp in December...
Russian inflation jumps 0.37% in latest week
Date: November 21, 2024
MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy products and potatoes, pushing the headline figure since the start of the year to 7.4%. The Economy Ministry estimated annual inflation to have reached 8.68%...
David Bartenwerfer – Exploring the Intersection of Quantitative Analysis and Real Estate
Date: November 20, 2024
David Bartenwerfer is a prominent figure in the field of real estate investment and asset management as well as the application of analytical rigor to corporate strategy and operations. As the Co-Founder and Chief Technology Officer of REALbasis Inc., Bartenwerfer has pioneered the application of quantitative methods to real estate, enabling investors to achieve...
Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says
Date: November 20, 2024
(Reuters) – Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with 43 projects expected to be up and running by 2030, consultancy Rystad said in a report. The energy research firm indicates that investments by industry giants such as ExxonMobil, Chevron, BP, Shell, TotalEnergies,...