investing

Image for US tech firms to invest $8.2 billion in UK data centres

Investing

US tech firms to invest $8.2 billion in UK data centres

Image for Sterling dips as investors look to UK jobs, inflation reports this week

Investing

Sterling dips as investors look to UK jobs, inflation reports this week

Image for Stocks higher after inflation data keeps Fed expectations on hold

Investing

Stocks higher after inflation data keeps Fed expectations on hold

Image for TheInvestmentAnalyst.com set to become leading edtech for investment sector following surge in user demand

Investing

TheInvestmentAnalyst.com set to become leading edtech for investment sector following surge in user demand

Image for Sterling hovers near one-month low ahead of US inflation print

Sterling hovers near one-month low ahead of US inflation print

Date: October 10, 2024

LONDON (Reuters) – The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as traders maintained a cautious stance and waited for potentially market-moving U.S. inflation data due later in the day. Sterling held its ground at $1.3076, up marginally from Wednesday’s trough of $1.3057, its lowest...

Image for Stocks, US yields up after Fed minutes; inflation data on deck

Stocks, US yields up after Fed minutes; inflation data on deck

Date: October 10, 2024

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks advanced on Wednesday along with U.S. Treasury yields, as minutes from the Federal Reserve’s September meeting indicated more rate cuts, while investors awaited inflation data for further clues on the central bank’s interest rate path. Minutes from the meeting showed a “substantial majority” of U.S. Federal...

Image for Varta seals auto battery investment from Porsche

Varta seals auto battery investment from Porsche

Date: October 9, 2024

GDANSK (Reuters) – Struggling German battery maker Varta said luxury car maker Porsche AG would invest in its business unit for large-format lithium-ion cells through a majority stake in its automotive battery unit V4Drive. In order to implement the investment, a capital increase will be carried out at V4Drive Battery GmbH,” Varta said. The...

Image for Greece’s growth seen nearly unchanged in 2025, draft budget shows

Greece’s growth seen nearly unchanged in 2025, draft budget shows

Date: October 8, 2024

By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperforming Europe’s major economies, thanks to strong tourism revenues, robust consumer spending and investment, a 2025 draft budget showed on Monday. Greece, which is still recovering from a debt crisis that nearly saw the country drop out...

Image for Manchester-based mobile network sees unprecedented growth and attracts major investment.

Manchester-based mobile network sees unprecedented growth and attracts major investment.

Date: October 7, 2024

With over 45% of adults in the UK struggling to manage their domestic bills and credit commitments, millions are left without access to essential financial services. Boshhh Mobile is on a mission to change that. Boshhh Mobile helps customers improve their credit scores just by paying their phone bills—offering a seamless way to build financial...

Image for Japan leads Asia stock rally, dollar firms after blowout US payrolls

Japan leads Asia stock rally, dollar firms after blowout US payrolls

Date: October 7, 2024

By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour market data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. U.S. Treasury yields touched two-month highs, extending their rise after the closely watched...