investment-opportunities
InvestingBitcoin Tops $106,000, Hopes Grow for Strategic Reserve
BusinessCanal+ Falls, Havas and Louis Hachette up on Market Debut post-Vivendi Split
BusinessFrance-UK Electrical Interconnector Suspension Extended, Operator Says
BusinessM&s Can Tear Down Flagship Marble Arch Store, Says UK Government
UniCredit to Offer Wealthy Clients Blackstone’s Private Equity Fund
Date: December 4, 2024
MILAN (Reuters) -Italian bank UniCredit said on Wednesday it was widening its partnership with Blackstone to start offering its wealthier clients a private equity fund, an asset class normally reserved for professional investors. UniCredit first partnered with the world’s largest alternative asset manager in July last year, by making Blackstone’s European private credit fund available...
UK Supermarket Asda Raises $196 Million to Help Pay Down Debt
Date: December 4, 2024
LONDON (Reuters) – Struggling British supermarket group Asda has raised an additional loan of 155 million pounds ($196 million) to help it pay back debt due in the next two years, it said on Wednesday. Asda, Britain’s third largest grocer, said the loan, alongside a similar amount of cash from its balance sheet, will address...
StanChart Sets $200 Billion New Wealth Assets Target, Focuses on Chinese and Indian Wealthy
Date: December 4, 2024
By Lawrence White and Selena Li LONDON/HONG KONG (Reuters) – Standard Chartered (StanChart) will target $200 billion in new assets and double-digit growth in income from its wealth business over the next five years, as part of its wider strategy to shift to higher fee-earning businesses. The Asia-focussed bank wants to expand in serving wealthy...
Euro Steadies, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two...
Norway Stops Deep-Sea Mining, for Now
Date: December 2, 2024
By Gwladys Fouche and Nerijus Adomaitis OSLO (Reuters) -A small leftwing environmentalist political party in Norway succeeded on Sunday in blocking plans to mine the sea bed at the bottom of the Arctic, by demanding the government scrap its first licensing round in return for support for the budget. “We are stopping plans to open...
Oil Prices Set to End Week Over 3% Lower as Supply Risks Ease
Date: November 29, 2024
(Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent crude futures fell 55 cents, or 0.8%, to $72.73 a barrel by 0758 GMT. U.S. West Texas Intermediate crude futures were at $69.52, down 20...