investment-portfolios
Top StoriesBritain Moves Ahead With Mandatory Climate Plans for Companies
Top StoriesEuropean Stocks Slide to 1-month Low on China Slowdown Fears
Top StoriesCIRCA5000 Makes Carbon-Offsetting Intervention to Highlight Pension Funds’ Billions Invested in Non-Renewable Energy
Top StoriesBritain to Reopen Embassy in Kyiv Next Week – PM Johnson
Scholz Says Top Priority Is Avoiding NATO Confrontation With Russia
Date: April 22, 2022
BERLIN (Reuters) – NATO must avoid a direct military confrontation with Russia that could lead to a third world war, German Chancellor Olaf Scholz said in an interview with Der Spiegel when asked about Germany’s failure to deliver heavy weapons to Ukraine. Scholz is facing growing criticism at home and abroad for his government’s apparent...
Germany’s Evonik Beats Earnings Expectations on Higher Pricing
Date: April 21, 2022
(Reuters) -German chemicals group Evonik Industries on Thursday reported better-than-expected adjusted quarterly core profit, as higher selling prices offset an increase in variable costs, including energy prices. The company, which makes ingredients for products ranging from animal feed and diapers to Pfizer/BioNTech’s COVID-19 vaccine, reported adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of...
EU Countries Edge Towards Deal to Share Out Emissions-Cutting Efforts
Date: April 21, 2022
By Kate Abnett BRUSSELS (Reuters) – European Union countries are edging towards a deal on how to share the burden of cutting greenhouse gas emissions within the EU, with states poised to accept national targets proposed by Brussels last year, according to diplomats and a draft document seen by Reuters. The EU’s “effort sharing” policy...
Abb Shrugs Off Uncertainties to Post Big Jump in Orders
Date: April 21, 2022
By John Revill ZURICH (Reuters) -ABB shrugged off rising global uncertainties like the war in Ukraine and increasing inflation to post a big jump in orders during the engineering and technology company’s first quarter. The maker of factory robots and industrial drives increased its new order intake by 21% to $9.37 billion, the highest level...
Miner Anglo American Lowers Output Guidance After Quarterly Drop
Date: April 21, 2022
LONDON (Reuters) -Global miner Anglo American’s first-quarter production fell 10% year on year, partly owing to operations running at reduced capacity because of higher rates of COVID-19 infections among workers, it said on Thursday. The London-listed company also lowered full-year guidance on volumes for metals including platinum, iron ore and metallurgical coal to reflect inflationary...
Gains in Stocks Capped by Rise in Real Yields, Netflix Disappoints
Date: April 20, 2022
By Huw Jones LONDON (Reuters) – Stocks edged higher on Wednesday, but gains were capped by questions over how far real bond yields will rise as investors sifted through disappointing Netflix earnings and war continued in Ukraine. The STOXX index of 600 European companies gained 0.4% to 458.17 points. The MSCI all country stock index...