equity
Top StoriesFactbox-IPOs Stage Fall Comeback in Europe
BankingItaly’s Cariverona to Consider Buying Poste Shares in Treasury’s Planned Stake Sale
InvestingFactbox-IPOs Stage Fall Comeback in Europe
BusinessItaly’s Eni to Boost Buyback After Q3 Profit Beats Expectations
UBS Global Wealth Management Lifts Global Equities Stance to ‘attractive’
Date: October 25, 2024
By Siddarth S (Reuters) -UBS Global Wealth Management has raised its stance on global equities to “attractive” from “neutral”, citing resilient U.S. economic growth, monetary policy easing by major central banks and an artificial intelligence (AI) boom. “Economic growth is remarkably resilient and central banks have been proactive, giving us confidence the supportive backdrop has...
Sanofi Reaches Deal on Terms of Sale of Consumer Health Arm, Say French Government Sources
Date: October 21, 2024
PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in...
Global Money Market Funds Draw Large Inflows in the Week to Oct. 2
Date: October 8, 2024
(Reuters) – Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U.S. payrolls report and heightened geopolitical tensions in the Middle East boosted demand for safer assets. Investors bought money market funds worth a net $23.21 billion during the week, following a massive...
Japan Leads Asia Stock Rally, Dollar Firms After Blowout US Payrolls
Date: October 7, 2024
By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour market data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. U.S. Treasury yields touched two-month highs, extending their rise after the closely watched...
Sabadell CEO Says 2024 Full-Year Profit Could Top 1.6 Billion Euros
Date: October 4, 2024
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend...
Stocks Lose Ground, Oil Extends Gains Amid Middle East Tension
Date: October 3, 2024
By Iain Withers and Chibuike Oguh NEW YORK/LONDON (Reuters) – Global stocks fell on Thursday, weighed down by tepid trading in equity markets across the U.S. and other major regions, even as oil prices extended gains amid rising geopolitical tension from the Middle East conflict. Wall Street’s main indexes pared early gains and were trading...