Investing
Investing
Oil Rises as Opec+ Meeting Eyed, Global Demand Concerns Weigh
Investing
Bumper Earnings From Bp Help Steady FTSE 100
Investing
Stocks and Bond Yields Fall on Taiwan Tensions
Investing
U.S. Stocks Waver, Crude Plummets as Weak Data Fuels Recession Fears
World Stocks Kick Off August at 7-wk High, U.S. Futures on Back Foot
Date: August 1, 2022
By Carolyn Cohn LONDON (Reuters) – World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining expectations for hefty interest rate rises, though U.S. index futures were indicating a lower start to August at the Wall Street open. Over the past month, global shares have gained 7%, the S&P 500...
European Shares Climb, Set for Best Month Since Nov 2020 on Earnings Cheer
Date: July 29, 2022
By Devik Jain (Reuters) -European shares rose on Friday and were on pace for their first monthly gain in four as a host of strong earnings from corporate Europe overshadowed fears of a global recession, with focus now on euro zone inflation and GDP data later in the day. The pan-European STOXX 600 was up...
Strong Results Lift Europe’s Stoxx 600 to Near Seven-Week Highs
Date: July 27, 2022
By Susan Mathew, Devik Jain (Reuters) -European shares scaled near seven-week highs on Wednesday as a string of strong results from companies including Russia-exposed lender UniCredit and Britain’s Smurfit Kappa provided some comfort in an otherwise gloomy environment. The STOXX 600 index closed 0.5% higher, with shares of French IT consulting firm Atos surging 16.2%...
Lloyds, Reckitt Drive Gains in Britain’s FTSE 100
Date: July 27, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) – Britain’s blue-chip index rose on Wednesday, as a jump in oil stocks and strong forecasts from heavyweights Reckitt Benckiser and Lloyds Banking Group overshadowed concerns over a slowing economy and soaring inflation. The FTSE 100 index gained 0.6% and the domestically focussed midcap 250 edged 0.4%...
Buoyant Company Earnings Enliven Recession-Focused Markets
Date: July 27, 2022
By Sujata Rao LONDON (Reuters) – Better-than-expected earnings from a raft of U.S. and European companies helped steady global stock markets on Wednesday, cutting through gloom caused by rising interest rates and the threat of an energy crunch due to Russian gas supply cuts. Ten-year U.S. Treasury bond yields – the reference rate for the...
UK Dividends Could Hit $115 Billion in 2022 on Weak Sterling – Report
Date: July 27, 2022
By Joice Alves LONDON (Reuters) – UK-listed companies could make $115 billion in dividend payments this year, the most since before the pandemic, with sterling weakness expected to boost the translated value of dollar-declared payouts, according to analytics company Link Group report. Link Group expects headline dividend growth of 2.4% year-on-year to 96.3 billion pounds...