Investing
Investing
Analysis-Gated UK Property Funds Are Open to Further Risk
Investing
Move Over Tina, It’s Time for Tara
Investing
Miners Push FTSE 100 to Over 4-year High, Direct Line Tumbles
Investing
European Shares Rise on Bets of Easing Rate Hikes; Direct Line Plunges
Greek Economy to Slow in 2023 as Energy Costs, Ukraine War Hit Spending -OECD
Date: January 10, 2023
ATHENS (Reuters) -Greece’s economic growth is likely to slow to just 1.1% this year from a 5.1% clip in 2022 as soaring energy costs and continued uncertainty about the war in Ukraine hurt spending and investment, the OECD said on Tuesday. Since the lifting of COVID restrictions, the Greek economy has recovered strongly thanks to...
European Shares Slip as Rate Hike Nerves Crimp Rally
Date: January 10, 2023
By Bansari Mayur Kamdar (Reuters) -European shares fell on Tuesday amid a broad-based retreat as investors remained nervous ahead of a speech by the Federal Reserve Chair Jerome Powell after two U.S. central bank officials struck a hawkish tone overnight. The pan-European STOXX 600 dipped 0.7% in early trading, after hitting its highest level in...
Global Stocks Rally to Near 4-week Highs, Oil Rises on Hopes of ‘soft Landing’
Date: January 9, 2023
By David Randall NEW YORK (Reuters) – World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across equity markets, with Europe’s STOXX 600 near a...
Britishvolt in Talks With Investors About Possible Sale
Date: January 9, 2023
By Nick Carey LONDON (Reuters) – UK battery startup Britishvolt said on Monday it is in talks with a consortium of investors about selling a majority stake in the company, but did not disclose any names. The company said back in November that it had received short-term financial backing to help it stay afloat. It...
UK Becoming Less Attractive for Investment, Manufacturers Warn
Date: January 9, 2023
By Andy Bruce LONDON (Reuters) – Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an industry survey released on Monday. The proportion of manufacturers who think Britain is a competitive location halved to 31% from 63% a year...
European Shares Rise on China Reopening, Rate Hike Optimism
Date: January 9, 2023
By Bansari Mayur Kamdar (Reuters) -European shares rose on Monday, extending the year’s upbeat start to a second week, as China reopened its borders overnight and U.S. and European data soothed nerves about aggressive tightening by major global central banks. The pan-European STOXX 600 gained 0.5% by 0923 GMT. The index clocked its best weekly...