Investing
Investing
Britain’s Sainsbury’s Softens Price Rises With 50 Million Stg Investment
Investing
Europe’s Stoxx 600 Slips, but Marks Seventh Week of Gains
Investing
Stocks Fall as Strong U.S. Payrolls Muddies Rate Bets
Investing
Opec+ Switch to Virtual Meeting Signals Policy Roll-Over Ahead of Russian Oil Price Cap – Sources
Norway to Postpone Oil and Gas Licensing Round
Date: November 29, 2022
By Nora Buli and Nerijus Adomaitis OSLO (Reuters) -Norway will not issue licences for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday. The decision to postpone the so-called 26th licensing round was...
Oil Steadies as China Covid Hopes Offset by Opec+ Output Concerns
Date: November 29, 2022
By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on hopes for a loosening of China’s strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcoming meeting limited gains. Brent crude futures were up 41 cents at $83.60 a barrel by 1:25 p.m. EST (1825 GMT). U.S. West Texas...
Markets React Calmly, but Businesses and Investors May Have Been Hoping for More
Date: November 23, 2022
By Richard Godmon, tax partner at accountancy firm, Menzies LLP. In the face of worsening economic growth forecasts, Chancellor Jeremy Hunt’s Autumn Statement has ‘done the job’ by re-introducing a sense of stability, while still extending support to the most vulnerable and setting out a definitive plan for growth. Despite a calm, non-reaction from the markets,...
Investment Filters to Guide Investors in an Uncertain Market
Date: November 22, 2022
There are many reasons investors should feel a bit shaken after the booming atmosphere that followed the early days of the pandemic. Markets are in turmoil, inflation is persistent, and the possibility of a recession is firmly in the picture. Even with countless challenges and concerns, though, it doesn’t change the fact that market downturns...
Wall Street Seen Opening Higher but U.S. Recession Priced In
Date: November 18, 2022
By Carolyn Cohn LONDON (Reuters) – U.S. stock index futures rose on Friday, indicating a higher open on Wall Street, as investors digest warnings from U.S. Federal Reserve officials on U.S. interest rates, but the U.S. bond yield curve remains priced for a recession. S&P futures gained 0.8%, recovering poise after the S&P 500 index...
From Apollo to Dz Bank, Funds Snap up Bargains in UK Pension Scramble
Date: November 18, 2022
By Nell Mackenzie LONDON (Reuters) – Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say pension schemes are still offloading assets as pressures persist. British defined benefit pension funds were caught up in market turmoil in September caused...