investment-portfolios
BusinessAstraZeneca Lifts 2024 Revenue and Profit Forecast After Q3 Beat
InvestingUniCredit Set to Free up Capital With Potential Srt Deal, Bloomberg News Reports
InvestingWorld Stocks Cruise to Best Week Since August on Trump Win, China in Focus
Top StoriesAdvent, Apollo Among Potential Bidders for Reckitt’s Homecare Assets, Bloomberg News Reports
Barry Callebaut Sees a Second Year of Flat Sales Volumes on High Cocoa Prices
Date: November 6, 2024
By Andrey Sychev (Reuters) – Swiss chocolate maker Barry Callebaut posted annual profit growth as it managed to pass on surging cocoa prices to customers, but said it expects a second straight year of flat sales volumes as prices of the key ingredient remain high. Shares in the company were up 3% by 0828 GMT....
Cycling-Britain’s Froome Dreaming of One Last Tour De France
Date: November 6, 2024
(Reuters) – Four-times Tour de France champion Chris Froome says he dreams of competing in the world’s greatest cycling race once more before calling time on his glittering career. The British rider, who will be 40 next year, has one year left on his contract with the Israel-Premier Tech team. “It’s not crazy to think...
London Stocks Edge Up, US Election in Focus
Date: November 5, 2024
By Pranav Kashyap (Reuters) – Britain’s main stock indexes saw a modest uptick on Tuesday, though a sense of caution lingered as investors worldwide focused on the impending results of the U.S. election. The blue-chip FTSE 100 was up 0.3% to 8,211.69 points by 1105 GMT and was on track to post its longest winning...
Doing Nothing Not an Option, German Liberals Tell Coalition Allies
Date: November 5, 2024
By Christian Kraemer BERLIN (Reuters) -German Finance Minister Christian Lindner asked his partners on Tuesday to make their own proposals on economic policy after the budgetary package his party floated last week brought Chancellor Olaf Scholz’s coalition to the brink of collapse. The loveless alliance was thrown into disarray when Lindner’s neo-liberal Free Democrats, the...
Nintendo Cuts Annual Profit Forecast 10% as Switch Sales Slow
Date: November 5, 2024
By Kiyoshi Takenaka TOKYO (Reuters) -Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam. The forecast is below analyst estimates for profit of 391.4 billion yen. The Kyoto-based gaming company sold 4.7 million...
French Conglomerate Bouygues Posts 9-month Core Profit Slightly Above Forecast
Date: November 5, 2024
(Reuters) – French construction-to-telecoms group Bouygues posted nine-month core earnings slightly above expectations on Tuesday, driven mainly by its energy arm Equans, construction and telecom units, which offset a decline in the real estate division. Bouygues acquired Equans from French power group Engie in October 2022 as the family-owned group — already present in civil...