equity-investment
Thames Water on the Brink After Kkr Drops Out of Rescue Deal
HeadlinesAsset Manager Ashmore Group Opens Qatar Office
Agnellis Cut Ferrari Stake to Raise 3 Billion Euros for New Deals
FinanceWarren Buffett Sounds Warning to Washington as Berkshire Reports Record Profit, Cash
Holiday Inn Owner IHG's $900 Million Share Buyback Disappoints, Shares Fall
Date: February 18, 2025
By Raechel Thankam Job and Yadarisa Shabong (Reuters) -Holiday Inn owner IHG is returning more than $1.1 billion to shareholders in 2025 and buying European urban hotel brand Ruby for $116 million, it...
Japan’s Comedian-Turned-Investor Launches Fund With ex-Goldman ‘stock Geek’
Date: December 26, 2024
By Mariko Katsumura TOKYO (Reuters) – On the face of it, the duo hardly seem fit to inspire confidence as the brains behind Japan’s newest stock fund: one, a former comedian and the other, every bit the stereotypical “otaku” geek. But their maiden fund, announced on Wednesday, may be the Christmas gift that followers of...
UK’s FTSE Slides to 1-mo Low as Fed Dampens Mood Ahead of BoE
Date: December 19, 2024
(Reuters) – UK’s main FTSE 100 stock index dropped 1% and revisited its near one-month low on Thursday, as the U.S. Federal Reserve’s overnight projection of a slower path of interest-rate cuts knocked down investors’ risk appetite globally. The FTSE 100 was down 1% as of 0900 GMT, hitting its lowest since Nov. 21, levels...
Britain’s Thames Water Seeks Debt Lifeline Approval in High Court
Date: December 17, 2024
By Sarah Young and Paul Sandle LONDON (Reuters) – Britain’s Thames Water started trying to convince a London court on Tuesday to approve a 3 billion pound ($3.8 billion) lifeline, one of several hurdles it must clear to avoid nationalisation. A High Court judge is hearing from Britain’s biggest water supplier and its creditors before...
Volkwagen’s German Plants Must Get More Efficient, CFO Says
Date: December 5, 2024
By Victoria Waldersee BERLIN (Reuters) -Volkswagen’s finance chief said on Thursday its labour force would need to shrink if its German factories did not become more efficient and that the group’s dividends would fall in line with earnings. “Today, our German plants are not competitive. Without improving their efficiency and performance, we cannot maintain current...
Wall Street Muted as Investors Look to Fed After Stocks Recovery
Date: August 22, 2024
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent lifetime highs, and as investors awaited clues on interest rate cuts from the Federal Reserve on Friday to decide on their next move. Oil was steady after a run of declines driven by expectations of...