Investing
Investing
Wall Street Extends Post-Election Gains; Bitcoin Hits Fresh Record High
Investing
Vattenfall to Invest 5 Billion Euros in Germany’s Clean Energy Market
Investing
Euro Hits Lowest Since Late June vs Dollar on Tariff Worries
Investing
Investors See Safety in India as Trump Win Casts Shadow on Emerging Markets
European Shares Open Higher at Start of Data-Packed Week
Date: November 11, 2024
(Reuters) – European shares opened higher on Monday with most sectors rising, kicking off a week packed with global economic data including inflation readings in Germany and the United States. The pan-European STOXX 600 added 0.9% as of 0811 GMT, with industrials among the top gainers, up 1.2%. Defence companies such as Sweden’s SAAB, Italy’s...
German Commercial Property Prices Drop but Show Some Stabilisation
Date: November 11, 2024
FRANKFURT (Reuters) – German commercial property prices fell 4.7% in the third quarter from a year earlier but showed continued signs of stabilisation, the VDP banking association said on Monday, as the country’s real estate sector grapples with its worst crisis in decades. Commercial real estate valuations, in decline for two years, rose 0.7% from...
Morning Bid: Markets Feel Familiar Frustration With Beijing
Date: November 11, 2024
A look at the day ahead in European and global markets from Wayne Cole. It’s been a muted session in Asia with investors still nursing a grudge over China’s latest policy package, which was heavy on debt swapping but again light on direct stimulus. Analysts assume Beijing wants to keep its powder dry should President-elect...
Asian Stocks Slide as China Stimulus Disappoints; Bitcoin Extends Record Rally
Date: November 11, 2024
By Kevin Buckland TOKYO (Reuters) – Hong Kong stocks led declines in Asia on Monday after Beijing’s latest stimulus fell short of investor expectations, overshadowing Wall Street’s record highs from Friday and futures pointing to further strength at the reopen. Bitcoin climbed to an all-time high as Donald Trump’s victory in the U.S. presidential election...
Umg Says Pershing Does Not Have Right to Require Amsterdam Delisting
Date: November 10, 2024
(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext Amsterdam. Ackman had said in a post on X on Friday he would seek to delist investment firm Pershing Square, which holds a stake...
UniCredit Set to Free up Capital With Potential Srt Deal, Bloomberg News Reports
Date: November 9, 2024
(Reuters) – UniCredit is selling a significant risk transfer (SRT) linked to a 1.5 billion euro ($1.62 billion) credit portfolio to free up capital, Bloomberg News reported on Friday. The Italian lender is marketing an SRT worth 144 million euros which is linked to domestic residential mortgages, the report said, citing people familiar with the...