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Recent Posts

  • Schibsted Marketplaces sells Prisjakt to eEquity for SEK 500m
    May 6, 2025
  • Zalando beats first-quarter sales forecast despite ’cautious’ consumers
    May 6, 2025
  • Analysis-’Asian crisis in reverse’ as currencies soar on the dollar
    May 6, 2025
  • January 3, 2025

Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

By Nell Mackenzie LONDON (Reuters) - Global hedge funds taking long and short bets on stocks last year sported their highest average returns since 2020, Goldman Sachs said in a...

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  • January 3, 2025

Biden blocks Nippon Steel's $14.9 billion takeover of U.S. Steel

(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel's $14.9 billion buyout of U.S. Steel, citing reasons related to national security...

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  • January 3, 2025

Stellantis Italy output falls 37% in 2024, car production hits 68-year low

MILAN (Reuters) -Vehicle production by car maker Stellantis (NYSE:STLA) in Italy fell by 37% last year, hit in particular by a steep plunge in car manufacturing, union figures...

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  • January 3, 2025

Threat of tariffs will loom large amid auto, tech glitz at CES

By Abhirup Roy SAN FRANCISCO (Reuters) - Auto and tech giants showing off their latest innovations at the CES trade show in Las Vegas next week can expect a barrage of questions...

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  • January 3, 2025

Morning Bid: Wall St on five-day falling streak, dollar reigns

Reuters - A look at the day ahead in U.S. and global markets by Samuel Indyk 2025 has kicked off how 2024 ended: stocks are having a wobble and the dollar remains in charge as...

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  • January 3, 2025

In divided US House, top Democrat Hakeem Jeffries aims to keep some grip on power

By Richard Cowan WASHINGTON (Reuters) - Democrat Hakeem Jeffries could be poised to wield more power than a minority leader typically enjoys in the U.S. House of Representatives,...

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  • January 3, 2025

German unemployment rises less than expected in December, labour office says

By Maria Martinez BERLIN (Reuters) -The number of people out of work in Germany rose less than expected in December, federal labour office figures showed on Friday. The office...

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  • January 3, 2025

US equity inflows cool on higher bond yields

(Reuters) - Inflows into U.S. equity funds fell sharply in the week through Jan. 1 hit by rising Treasury yields and year-end profit- taking, along with concerns about a slower...

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  • January 3, 2025

Wells Fargo expects just one rate cut from the Fed through 2027

-- The Federal Reserve will cut the federal funds rate by 25 basis points in 2025 due to labor market weaknesses, and will deliver no additional cuts in 2026 or 2027,...

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  • January 3, 2025

Britain vows - again - to reform social care, but no plan until 2028

LONDON (Reuters) - Britain's latest plan to overhaul increasingly costly care for older and disabled adults will not be delivered until 2028 at the earliest, the government said...

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