investing
Investing
BP makes record profit in 2022, slows shift from oil
Investing
FTSE 100 inches towards recent highs as BP shines
Investing
Global shares slide, dollar gains as rates rise on strong data
Investing
Fed rates up, BoE up, ECB up, stocks up
German industry to pay 40% more for energy than pre-crisis – study says
Date: January 30, 2023
FRANKFURT (Reuters) – German industry is set to pay about 40% more for energy in 2023 than in 2021, before the energy crisis triggered by Russia’s invasion of Ukraine, a study by Allianz Trade said on Monday, citing contract expiries and delayed wholesale pricing effects. “The large energy-price shock still lies ahead for European corporates,”...
Understanding The World Of CFD Trading: Risks, Rewards, and Research
Date: January 30, 2023
CFD trading, or contract for difference trading, is a popular form of investment that allows individuals to speculate on the price movements of various assets, such as stocks, commodities, and currencies, without actually owning the underlying asset. In this article, we will explore the world of CFD trading, which can be conducted via brokers such...
Stocks, dollar gain on resilient U.S. economy
Date: January 26, 2023
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating with slowing inflation, suggesting the Federal Reserve can engineer a soft landing. Gross domestic product increased at a 2.9%...
Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
Date: January 26, 2023
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest. The company slightly beat Wall Street targets for fourth-quarter revenue and profit earlier on Wednesday despite a...
UK’s FTSE 100 slips ahead of business activity data
Date: January 24, 2023
(Reuters) – UK’s FTSE 100 slipped on Tuesday, as losses in pharmaceutical companies’ stocks weighed on the index, while investors awaited British business activity data that would offer clues on the state of the economy. The blue chip FTSE 100 slipped 0.5% at 0825 GMT, while the domestically-inclined FTSE 250 midcap index rose 0.1%. Early...
European shares steady ahead of PMI data
Date: January 24, 2023
(Reuters) – European stocks edged higher on Tuesday, boosted by a fresh run of gains for technology stocks, while investors awaited economic data that is expected to show a slight improvement in euro zone business activity. The pan-European STOXX 600 index rose 0.1% after a strong finish on Wall Street, lifted by tech stocks that...