investing
Investing
Amidst High Rates, Annuities Are Delivering For Investors
Investing
Shares lose steam as interest rate optimism fades
Investing
Analysis-Growing Italy risk puts equities at deepest discount in 35 years
Investing
Oil up ahead of Fed meet as Middle East conflict rages
New targets give investors a taste for Barry Callebaut
Date: November 1, 2023
New targets give investors a taste for Barry Callebaut By Paolo Laudani and Andrey Sychev (Reuters) -Barry Callebaut set new medium term targets on Wednesday to boost sales volumes and earnings, lifting shares in the world’s biggest chocolate maker as investors warmed to its new chief executive’s turnaround plan. CEO Peter Feld, who joined in...
Dutch grid operator TenneT says energy transition will double investments
Date: November 1, 2023
Dutch grid operator TenneT says energy transition will double investments AMSTERDAM (Reuters) – Dutch power grid operator TenneT said on Wednesday the energy transition and rapidly increasing demand for electricity will force it to double investments needed to expand capacity in the coming decade. State-owned TenneT, which operates the Dutch high-voltage grid and part of...
Fashion retailer ASOS sinks after warning on 2024 sales
Date: November 1, 2023
Fashion retailer ASOS sinks after warning on 2024 sales By Sarah Young LONDON (Reuters) -Online fashion retailer ASOS warned sales would fall again in 2024, hitting its shares, though the British company said its ongoing turnaround meant growth would return the following year. ASOS said on Wednesday sales would fall between 5% and 15% in...
European shares edge up on retail, healthcare boost; Fed decision eyed
Date: November 1, 2023
European shares edge up on retail, healthcare boost; Fed decision eyed By Ankika Biswas (Reuters) – Europe’s benchmark index rose marginally on Wednesday, led by healthcare and retail stocks, with investors bracing for a policy decision by the Federal Reserve later in the day. The pan-European STOXX 600 was up 0.2% by 0930 GMT, after...
FTSE 100 muted as strong earnings offset by losses in commodity stocks
Date: November 1, 2023
FTSE 100 muted as strong earnings offset by losses in commodity stocks By Khushi Singh (Reuters) -Britain’s benchmark FTSE 100 was subdued on Wednesday, as gains in healthcare giant GSK and retailer Next Plc after they raised full-year profit outlook were offset by declines in energy and mining stocks. The internationally-focused FTSE 100 was flat...
Stocks tiptoe higher before Fed, yen intervention alarms flare
Date: November 1, 2023
Stocks tiptoe higher before Fed, yen intervention alarms flare By Ankur Banerjee and Lawrence White SINGAPORE/LONDON (Reuters) – Subdued stocks inched higher on Wednesday ahead of a policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the dollar as Tokyo ramped up intervention warnings. Europe’s...