investment-portfolios
InvestingLondon Stocks Start Week on Steady Note; Melrose Shines
InvestingEuropean Shares End Lower on US Rate, Trump Jitters
BusinessHapag-Lloyd Keeps Recently Raised Outlook Despite 9-month Profit Drop
BankingSoftBank Books $7.7 Billion Quarterly Gain as Vision Fund Finds Its Feet Again
Earnings, China Worries Drag FTSE 100 to Three-Month Low
Date: November 12, 2024
By Pranav Kashyap (Reuters) – London’s benchmark index hit its lowest point in over three months on Tuesday, fuelled by concerns over Donald Trump potentially appointing a China hawk as the leading U.S. diplomat, along with some disappointing corporate updates. The blue-chip FTSE 100 fell 1% by 1311 GMT, trading at its lowest level since...
Stocks Slip, Bitcoin Nears $90,000 as ‘Trump Trade’ Whipsaws Markets
Date: November 12, 2024
By Amanda Cooper LONDON (Reuters) – Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump’s policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration. Investors have been funnelling cash into assets they think will get a boost from...
Chemicals Maker Basf India Q2 Profit Falls 14% on Higher Input Costs
Date: November 12, 2024
(Reuters) – Chemicals maker BASF India posted a 14.2% drop in second-quarter profit on Tuesday, hurt by higher input costs amid the Middle East crisis. Net profit fell to 1.28 billion rupees ($15.2 million) for the three months ended Sept. 30, from 1.49 billion rupees a year earlier. The Indian arm of Germany’s BASF saw...
Bayer Says 2025 Earnings Could Decline Further on Bleak Agriculture Outlook
Date: November 12, 2024
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -Bayer’s earnings will likely slip further next year on weak agricultural markets, the company said on Tuesday, pummelling its shares and piling more pressure on its chief executive to deliver on turnaround efforts. CEO Bill Anderson has launched a push to cut jobs, speed up decision making...
Stocks Slip, Bitcoin Nears $90,000 as ‘Trump Trade’ Whipsaws Markets
Date: November 12, 2024
By Amanda Cooper LONDON (Reuters) – Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump’s policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration. Investors have been funnelling cash into assets they think will get a boost from...
SoftBank Swings Back to Quarterly Profit With $7.7 Billion Gain
Date: November 12, 2024
By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles. The results handsomely beat expectations for a 287 billion yen ($1.87 billion) profit...