investment-portfolios
Top StoriesWestfield-Owner Unibail Raises Forecast on Strong Leasing Demand, Shares Rise
Top StoriesHigher Provisions, Costs Overshadow Santander’s Solid Q2 Results
Top StoriesToo Early to Call Market Turn, Schroders CEO Says
Top StoriesAnglo American Slashes Dividend After Earnings Dive
Brittney Griner Testifies at Her Drugs Trial in Russia
Date: July 27, 2022
KHIMKI, Russia (Reuters) – Here are some quotes from Wednesday’s testimony by U.S. basketball star Brittney Griner to a Russian court trying her for possession of drugs, after she was detained at a Moscow airport in February with vape cartridges containing hashish oil. ON BEING DETAINED AT THE AIRPORT The seven years I’ve been coming...
Russia Cuts Gas Flows Further as Europe Urges Energy Saving
Date: July 27, 2022
By Christoph Steitz and Nina Chestney FRANKFURT/LONDON (Reuters) -Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season. The cut in supplies, flagged...
Buoyant Company Earnings Enliven Recession-Focused Markets
Date: July 27, 2022
By Sujata Rao LONDON (Reuters) – Better-than-expected earnings from a raft of U.S. and European companies helped steady global stock markets on Wednesday, cutting through gloom caused by rising interest rates and the threat of an energy crunch due to Russian gas supply cuts. Ten-year U.S. Treasury bond yields – the reference rate for the...
Steel Pipemaker Vallourec Expects Full-Year Core Profit Jump
Date: July 27, 2022
By Elena Vardon (Reuters) – Vallourec expects a big jump in 2022 core profit to between 650 million and 750 million euros ($659-$760 million), the French steel pipemaker said on Wednesday, even though its iron ore mine in Brazil is not operating at full capacity. Its previous guidance was for a result “significantly above” 2021...
Analysis-Here to Stay: Fund Managers Play the Long Game on Inflation
Date: July 27, 2022
By Yoruk Bahceli and Sujata Rao AMSTERDAM/LONDON (Reuters) – Not convinced by central banks’ pledge to stamp on inflation, many investors are on the hunt for assets that will protect their portfolios from years of decline in the value of money. These funds are buying up inflation-linked bonds and real estate, while also taking long-term...
Swiss Bank Julius Baer Freezes Hiring After Market Downturn Hits Earnings
Date: July 25, 2022
By John Revill ZURICH (Reuters) -Swiss wealth manager Julius Baer will freeze hiring for non relationship manager positions after higher costs and lower client activity triggered a 26% drop in first half earnings. The bank, which competes with UBS and Credit Suisse in managing the investments of ultra wealthy clients, said on Monday it would...