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Ericsson warns of 2024 market decline despite Q4 earnings beat
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Oil rises as geopolitics counter demand concerns
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Bank of England may start cutting interest rates in Q2 as inflation eases- Reuters poll
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US dollar little changed ahead of BOJ, ECB meetings
Global stock index gains while US Treasury yields fall
Date: January 22, 2024
Global stock index gains while US Treasury yields fall By Sinéad Carew NEW YORK (Reuters) -MSCI’s global equities index rose on Monday as Wall Street continued to feed on momentum that took it to a new record high last week, while the U.S. dollar index held steady. U.S. Treasury yields fell as investors took advantage...
Wind, solar energy output hit record high in Italy in 2023
Date: January 22, 2024
Wind, solar energy output hit record high in Italy in 2023 By Francesca Landini MILAN (Reuters) -Wind and solar energy production hit a record last year in Italy, as the country more than doubled its newly-installed green source capacity, power grid operator Terna said on Monday. Solar panel generation rose to 30.6 Terawatt hours (TWh)...
Buoyant chipmakers to lift Wall St as S&P nears record high
Date: January 19, 2024
Buoyant chipmakers to lift Wall St as S&P nears record high By Huw Jones LONDON (Reuters) -A global rally in chipmakers was set to spill over into Wall Street on Friday, raising investor spirits as markets rein back bets that interest rates will start to fall in just a matter of weeks. U.S. stock index...
European shares extend gains on financials but track weekly fall
Date: January 19, 2024
European shares extend gains on financials but track weekly fall By Shristi Achar A (Reuters) -European shares edged higher on Friday, lifted by financials, but the benchmark index remained on course for a weekly decline following tempered rate-cut expectations. The pan-European STOXX 600 index was up 0.2% as of 1319 GMT, extending gains from the...
UK health agency warns ‘very real risk’ measles outbreak spreads
Date: January 19, 2024
UK health agency warns ‘very real risk’ measles outbreak spreads LONDON (Reuters) – Britain’s public health agency warned on Friday that an outbreak of measles in central England could spread to other towns and cities unless urgent action is taken to boost vaccination uptake. The UK Health Security Agency (UKHSA) has declared a national incident,...
US existing home sales fall in December, supply shows signs of improvement
Date: January 19, 2024
US existing home sales fall in December, supply shows signs of improvement WASHINGTON (Reuters) – U.S. existing home sales fell in December to the lowest level in nearly 13-1/2 years, but a recovery could be in the cards this year as mortgage rates decline and housing inventory shows signs of improving. Existing home sales slipped...