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Blackstone targets new European markets in global wealth push
Investing
Dollar skids ahead of US election, likely Fed rate cut
Investing
Markets brace for US election showdown in event-packed week
Investing
FTSE 100 rebounds as Reckitt and oil stocks offset budget concerns
Yields fall, shares rise after muted response to October payrolls data
Date: November 1, 2024
By Alun John LONDON (Reuters) -U.S. government bond yields fell and stock futures edged up on Friday after data showed the U.S. economy barely added any jobs in October, though the numbers was heavily disrupted by industrial action and hurricanes. Nonfarm payrolls increased by 12,000 jobs last month after surging by a downwardly revised 223,000...
European stocks climb on energy boost; headed for weekly losses
Date: November 1, 2024
By Pranav Kashyap (Reuters) –European shares climbed on Friday, buoyed by a rally in energy stocks, but remained on track for their worst week in nearly two months as a tightly contested U.S. presidential election kept investors on edge. The pan-European STOXX 600 index rose 0.5% to 508.05, after falling more than 1% in the...
Vopak expects clean energy investments to accelerate towards 2030, CEO says
Date: November 1, 2024
By Florence Tan and Jeslyn Lerh SINGAPORE (Reuters) – Global tank storage operator Vopak has committed just a fraction of the $1 billion it allocated for energy transition projects by 2030 but expects investments to accelerate towards the end of the decade, CEO Dick Richelle said. The company has spent a little less than $100...
FTSE indexes slide to near three-month lows on budget angst
Date: October 31, 2024
By Shubham Batra and Sruthi Shankar (Reuters) -The UK’s main stock indexes fell to a near three-month low on Thursday as investors scaled back bets of rate cuts from the Bank of England (BoE) following Britain’s new big-spending budget plans which has revived worries about inflation. The blue-chip FTSE 100 dropped 0.6%, while the domestically...
Oil extends gains after settlement on reports Iran preparing Israel attack
Date: October 31, 2024
By Georgina McCartney HOUSTON (Reuters) -Oil prices extended gains after settlement on Thursday, rising by more than $1 on a report that Iran is preparing to attack Israel from Iraqi territory in the coming days. WTI crude oil futures jumped $1.81 to $70.42 at 3:00 p.m. EDT, after settlement and Brent futures for January delivery...
France’s Pluxee lifts 2025/26 outlook, shares reached record high
Date: October 31, 2024
By Mathias de Rozario (Reuters) -French voucher and benefits company Pluxee raised its margin guidance for the next two years on Thursday after what it described as a solid performance this year. The company’s shares were 10% higher by 1200 GMT, on track for their biggest ever one-day rise. Pluxee is now targeting recurring growth...