investment-opportunities
BusinessThyssenkrupp Takes $1 Billion Hit on Steel Unit as Outlook Darkens
InvestingLondon Stocks End Near Flat Mark With Eyes on Geopolitical Tensions, Inflation Data
BusinessMedtronic Lifts Annual Profit View on Steady Demand for Medical Devices
TradingGlobal Shares Soft; Dollar, Bond Yields Hold Near Multi-Month Highs
China and Britain Enjoy Vast Space for Cooperation, Xi Tells Starmer
Date: November 18, 2024
BEIJING (Reuters) – Chinese President Xi Jinping told British Prime Minister Keir Starmer Monday that the two countries enjoy a vast space for cooperation, the official Xinhua News Agency reported. Xi and Starmer met in Rio de Janeiro on the sidelines of the Group of 20 summit, according to Xinhua. The meeting is the first...
Msc Subsidiary Takes Final Regulatory Hurdle for Hhla Takeover
Date: November 16, 2024
(Reuters) – HHLA said on Friday that a subsidiary of Swiss-based MSC had received all regulatory approvals for a voluntary public takeover offer of the German port operator. Merger control clearance had been granted by Ukraine, it said, where HHLA operates a terminal in the Black Sea harbour of Odessa, after the European Commission granted...
Jeff Beck’s Guitars and Amps to Go on Sale in London
Date: November 16, 2024
By Sachin Ravikumar LONDON (Reuters) – More than 130 electric guitars, amps and other pieces of musical equipment that belonged to English guitar legend Jeff Beck will go on sale in London next year, Christie’s auctioneers said on Friday. Often described as a “guitarist’s guitarist”, Beck rose to fame with The Yardbirds, went on to...
UK Pensions Changes May Favour Bigger Fund Managers, Executives Say
Date: November 14, 2024
By Carolyn Cohn and Iain Withers LONDON (Reuters) – Britain’s plans to bulk up local government and private employer pension schemes into ‘megafunds’ to boost domestic investment are likely to benefit larger asset managers over smaller, more specialist ones, industry executives said. The megafunds’ consolidation will provide Britain with up to 80 billion pounds ($101.35...
UK Finance Firms Seek ‘bold’ Reforms to Counter Wall St Ascendancy
Date: November 13, 2024
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Britain’s finance sector is counting on policymakers to deliver a rulebook revamp that prioritises growth and stops business slipping away to global rivals, amid fresh challenges to London’s financial superpower status. UK finance minister Rachel Reeves is giving her first Mansion House speech to leaders of...
Cable Specialist Nexans Positions for Demand Surge, Boosts Shares
Date: November 13, 2024
By Nathan Vifflin (Reuters) – French power and data cable specialist Nexans released revised financial guidance for 2028 and a roadmap to benefit from surging demand, boosting its shares on Wednesday. In a statement to coincide with its Capital Markets Day event in London, the group said it expects to reach adjusted earnings before interest,...