equity
BankingGerman Bank Shares Slide, DAX Underperforms
InvestingStocks Ease in Jittery Trading; Harris-Trump Debate up Next
InvestingEuropean Shares Have Worst Day in a Month as Investors Digest Mixed US Data
InvestingNvidia’s Rally Takes a Break After Forecasts Leave Investors Nonplussed
Stocks Edge Lower, Oil Jumps on Supply Concerns Over Mideast, Libya
Date: August 26, 2024
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the likelihood of U.S. interest rates being lowered soon, even as oil prices jumped amid increased tensions in the Middle East. The benchmark S&P 500 index and the Nasdaq gave up early gains and traded lower,...
Stoxx 600 Set for Best Week in More Than 3 Months on US Rate Cut Hopes
Date: August 16, 2024
(Reuters) – European shares opened higher for the fourth straight session on Friday as upbeat risk sentiment prevailed across global markets and investors geared up for a September rate cut by the Federal Reserve. The pan-European STOXX 600 was up 0.3% by 0710 GMT, at two-week highs. The benchmark was set to witness its...
Japanese Stocks Head for Best Week in 4 Years as Fading Growth Fears Lift Markets
Date: August 16, 2024
By Rae Wee SINGAPORE (Reuters) -Asia shares were headed for a weekly gain on Friday and Japan’s benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and U.S. Treasury yields held broadly steady. Last week’s market turmoil was replaced...
Stocks Gain, Treasury Yields Jump as US Retail Data Reassures
Date: August 16, 2024
By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON (Reuters) -World stocks rose on Thursday and Treasury yields spiked after surprisingly strong U.S. retail sales data soothed fears about slowing economic growth, and tempered investor bets of imminent aggressive interest rate cuts. Retail sales increased 1.0% last month, well above market forecasts for a...
Rallying-World Rally Championship Promoter Explores $550 Million Sale, Sources Say
Date: August 16, 2024
By Amy-Jo Crowley and Alexander Hübner LONDON (Reuters) – The owners of the World Rally Championship’s commercial arm are exploring options including a possible sale of the business, seeking to bring in cash at a time of high valuations for sports media rights, according to people familiar with the matter. The owners, Austrian drink...
Top Vw Investor Porsche Se Eyes Further Investments
Date: August 13, 2024
FRANKFURT (Reuters) -Porsche SE, the controlling shareholder in German automaker Volkswagen, is financially in a position to consider further investments to diversify its portfolio, its finance chief said alongside first-half results on Tuesday. “Our financial resources give us considerable flexibility for potential investments in further core and portfolio investments,” Johannes Lattwein, Porsche SE’s board...