investment-portfolios
BusinessEuropean Automakers Fall as Trump Pledges Tariffs
InvestingFTSE 100 at 3-week Highs as Miners Offset Slump in Kingfisher
BusinessAnglo to Sell Australian Coal Mines to Peabody for up to $3.78 Billion
InvestingMorning Bid: Bitcoin Watch Party Rages on as PMIs Loom
Igc Cuts Global Wheat Crop Outlook on Poor EU Harvest
Date: November 21, 2024
LONDON (Reuters) – The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union. The inter-governmental body, in its monthly update, cut its 2024/25 wheat crop outlook by 2 million metric tons to 796 million tons. EU wheat...
European Shares Edge Lower, Tech Stocks Drag After Nvidia’s Disappointing Forecast
Date: November 21, 2024
(Reuters) – Europe’s main stock index slipped on Thursday, as market sentiment was tepid with geopolitical tensions boosting some safe-haven bids, while chip shares were the biggest drag after sector bellwether Nvidia’s disappointing revenue forecast. The pan-European STOXX 600 index edged down 0.1%, as of 0820 GMT, on track for its fifth straight session of...
IAEA’s Grossi Hopes Iran’s Capping of Highly Enriched Uranium Stock Holds
Date: November 20, 2024
By Francois Murphy VIENNA (Reuters) – U.N. nuclear watchdog chief Rafael Grossi said on Wednesday he hopes Iran’s move towards capping its stock of uranium just short of weapons grade will hold, as his agency’s board was set to pass a Western-drafted resolution that could derail that. Iran has taken steps towards no longer expanding...
Elior Forecasts Slower Revenue Growth for 2025, Shares Slump
Date: November 20, 2024
By Mathias de Rozario (Reuters) -French food caterer Elior said on Wednesday it expected revenue growth to slow down in the year from Oct. 1, echoing comments from rival Sodexo and sending its shares tumbling more than 17% by 0918 GMT. Elior, which has taken longer to recover from the pandemic than Sodexo and or...
Elior’s Annual Core Profit Nearly Triples Thanks to Portfolio Rationalisation
Date: November 20, 2024
By Mathias de Rozario (Reuters) -French food caterer Elior said on Wednesday its adjusted core profit soared 183% in the year through September, beating market expectations, as a strategic shift helped it remove sources of losses from its order book. Elior, which has taken longer to recover from the pandemic than rivals Sodexo and Compass,...
UK Fund Managers Pay More to Hedge in 2024, MillTechFX Survey Says
Date: November 19, 2024
By Nell Mackenzie LONDON (Reuters) – More UK fund managers say they’ve paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey results by software provider, MillTechFX. This year, 88% of UK fund managers said they decided to hedge their investments against currency risk, up from 75%...