investment-portfolios
InvestingInvestors Brace for US Payrolls Data, Euro Flat Amid France Turmoil
FinanceNorway’s Wealth Fund Can Start Selling Russian Stocks, Finance Ministry Says
BankingCash Draws Biggest Weekly Inflow Since March 2023, BofA Says
InvestingWall Street Stocks, Bitcoin Take Breath From Record Highs Ahead of US Jobs Data
Russian Railways to Cut Spending by Around 40% in 2025, Says Finance Chief
Date: December 6, 2024
(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by around 40% compared to 2024, the Interfax news agency quoted the company’s finance chief Tatiana Orlova as saying on Thursday. Russian Railways is one of several firms struggling with Russia’s high interest rate burden. The company...
European Stocks Edge Higher as Investors Weigh Impact of French Govt Collapse
Date: December 5, 2024
(Reuters) – European stocks hovered near one-month highs on Thursday with French equities rising after lawmakers in the country voted to topple Prime Minister Michel Barnier’s government, a move widely anticipated by market participants. The pan-European STOXX 600 rose 0.1% by 0810 GMT, extending gains for a sixth consecutive session. France’s CAC 40 also edged...
Asian Stocks See Heavy Outflows for Second Straight Month in November
Date: December 5, 2024
By Gaurav Dogra (Reuters) – Asian stocks were under selling pressure from foreign investors for a second consecutive month in November amid worries over potential U.S. tariff hikes on regional exports under the incoming Donald Trump administration next year. Foreigners net withdrew $15.88 billion out of equity markets in Taiwan, South Korea, India, Thailand, Indonesia,...
Sweden’s Sbb Receives Letters From Funds Intending to Accelerate Eurobonds
Date: December 5, 2024
(Reuters) – Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to accelerate their holdings of its 2028 and 2029 notes issued under the 2020 and 2021 Euro Medium Term Note (EMTN) programme. The bondholders claimed that their combined holdings in these bonds amount to a...
Exclusive-Shell Slows Investments in Offshore Wind, Splits Power Business
Date: December 4, 2024
By Ron Bousso LONDON (Reuters) -Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business under CEO Wael Sawan’s drive to boost profits, the company told Reuters. Shell Energy, which includes renewables, power generation and supply to customers, will be split into two...
Exclusive-Northvolt Seeks to Sell Electric Industrial Battery Business by Year-End
Date: December 4, 2024
By Marie Mannes STOCKHOLM (Reuters) – Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of its few profitable operations by the year-end, an internal memo shows. The rush to sell...