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Bayer says 2025 earnings could decline further on bleak agriculture outlook
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Spain’s Sidenor in talks with Trilantic to buy stake in Talgo, El Confidencial says
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Stocks slip, bitcoin nears $90,000 as ‘Trump trade’ whipsaws markets
Investing
Dollar soars with bitcoin as Trump trade ramps up; euro, yuan battered
Asian stocks retreat, bitcoin soars to record on Trump euphoria
Date: November 12, 2024
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased while the dollar held at four-month highs on Tuesday, though all the excitement was centred on bitcoin as it soared to a record peak underpinned by investor bets on assets that are likely to benefit from Donald Trump’s election win. Investors anticipate Trump’s second four-year term...
Record-breaking bitcoin rally nears $90,000 on Trump boost
Date: November 12, 2024
By Tom Westbrook SINGAPORE (Reuters) – Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly. The world’s biggest cryptocurrency has become one of the most eye-catching movers in the week since the election...
Europe’s STOXX 600 jumps on defence stocks prospects, data in focus
Date: November 12, 2024
By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s main stock index logged its best day in six weeks on Monday, with defence stocks in the lead on prospects of higher military spending in Europe under a Donald Trump U.S. presidency, with investors also awaiting key economic data this week. The pan-European STOXX 600 closed 1.1%...
UK stocks rebound as investors await key data
Date: November 12, 2024
By Sruthi Shankar and Nikhil Sharma (Reuters) -Britain’s main stock indexes rose on Monday, joining a broad rally in European markets, as investors awaited key economic data this week for clues on the path of U.S. and British monetary policy. The blue-chip FTSE 100 rebounded 0.7% from a three-month low touched in the prior session...
Volkswagen investment chief steps down from Northvolt board
Date: November 12, 2024
STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of Sweden’s Northvolt, the Swedish battery maker said on Monday, confirming media reports. Northvolt told Reuters it expects Volkswagen to find a board replacement for Sven Fuhrmann, who has held a board seat since last year. The German group is...
Wall Street extends post-election gains; Bitcoin hits fresh record high
Date: November 11, 2024
By Lawrence Delevingne, Nell Mackenzie and Kevin Buckland (Reuters) -Wall Street traders on Monday kicked off a busy week by extending last week’s stock rally, while oil prices declined and bitcoin raced to a new record high. The Dow Jones Industrial Average rose 0.92%, to 44,395, the S&P 500 gained 0.20% to 6,007 while the...