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FTSE 100 Down After Strong Inflation; Indivior Jumps
Trading
European Shares Inch Higher on Strong Commodity Shares; Geopolitics in Focus
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Asian Stocks Mainly Up, Bond Yields Ease as Investors Weigh Fed Against Ukraine Risks
Trading
Australia’s Crown Resorts Backs $6.3 Billion Blackstone Bid, Ending Packer Era
Energy Market Volatility to Shake up European Ppa Market -Report
Date: February 11, 2022
OSLO (Reuters) – The unprecedented energy price volatility seen at the end of 2021 will have a lasting impact on the green energy power purchase agreement (PPA) market, including a decline in long term contracts, Pexapark said in a report published on Thursday. PPAs have become a key part of renewable energy project development, providing...
Deutsche Boerse Q4 Net Profit up 23%, as 2021 Targets Met
Date: February 11, 2022
FRANKFURT (Reuters) -German exchange operator Deutsche Boerse said on Wednesday that it posted a 23% rise in fourth-quarter net profit, a slightly better result than analysts had expected. The showing during the last three months of 2021 allowed the company to meet its targets for the year, despite low volatility in markets that put a...
Analysis-Investors Back ESG Stock Funds Even as Tech Slide Hurts Returns
Date: February 11, 2022
By Simon Jessop and Patturaja Murugaboopathy LONDON (Reuters) – Investors continued to flock to environmental, social and corporate governance (ESG) stock funds in January despite a slide in Big Tech hitting the funds’ performance, and as the market braces for more growth wobbles in the year ahead. As the global transition to a low-carbon economy...
Crypto Exchange Binance to Invest $200 Million in U.S. Media Firm Forbes
Date: February 11, 2022
By Tom Wilson LONDON (Reuters) – Major cryptocurrency exchange Binance will make a $200 million investment in Forbes, the media company said on Thursday, as it prepares to go public via a special purpose acquisition company (SPAC). The investment by Binance, the world’s biggest cryptocurrency exchange by trading volumes, will replace half of the $400...
Dollar Gains, Then Slides After Hot U.S. CPI Data
Date: February 10, 2022
By Herbert Lash NEW YORK (Reuters) – The dollar initially rose against major currencies on Thursday after U.S. consumer prices in January came in higher than expected, but it later fell amid expectations of other central banks joining the Federal Reserve in fighting rising inflation. The consumer price index rose 0.6% from December, the Labor...
Sterling Flat Against Euro on Uncertainty About BoE Future Moves
Date: February 9, 2022
By Stefano Rebaudo (Reuters) -Sterling steadied against the euro not far from a 1-1/2 month low on Wednesday amid continued deep uncertainty about the future path of the Bank of England’s monetary policy. Bank of England Chief Economist Huw Pill said on Wednesday that it was reasonable for central banks to withdraw from providing detailed...