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Categories Investing

S&P 500 weakness so far in January not unusual, RBC says

January 13, 2025

Investing.com — The weakness seen in the S&P 500 during January 2025 is not unusual and mirrors similar patterns seen in 2024,

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Categories Investing

Sunac gains restructuring support from holders of nine out of 10 onshore bonds, says source

January 13, 2025

HONG KONG (Reuters) – Sunac China has now won the support of holders of nine of its ten onshore bonds to implement

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Categories Investing

Strong US jobs report equals “bad news for small caps”, BofA analysts say

January 13, 2025

Investing.com – The Federal Reserve’s interest rate cutting cycle is over after last week’s blockbuster jobs report, analysts at Bank of America have

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Categories Investing

Jefferies upgrades Inficon to ‘buy,’ sees 20% upside

January 13, 2025

Investing.com — Jefferies in a note dated Monday upgraded Inficon Holding AG (SIX:IFCN) to a “buy” rating from

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Categories Investing

Entain shares jump after reiterating FY24 guidance

January 13, 2025

Investing.com — Shares of Entain plc (LON:ENT) climbed over 4% on Monday after the global sports betting and gaming company reaffirmed its

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Categories Investing

SBB bondholder drops lawsuit against the property group

January 13, 2025

STOCKHOLM (Reuters) – Sweden’s SBB said on Monday that its creditor U.S. hedge fund Fir Tree Partners would end its legal proceedings

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Categories Investing

Brazil startup partners with agro firm to reforest degraded Amazon land

January 13, 2025

By Gabriel Araujo SAO PAULO (Reuters) – Private equity-backed reforestation startup re.green has signed a partnership with Agro Penido to restore 600 hectares

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Categories Investing

Bezos’ Blue Origin faces last-minute delays in debut New Glenn rocket launch

January 13, 2025

By Joey Roulette CAPE CANAVERAL, Florida (Reuters) – Jeff Bezos’ Blue Origin prepared for the inaugural launch of its New Glenn rocket from

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Categories Investing

Sinking U.S. equity risk premium rings alarms: McGeever

January 13, 2025

By Jamie McGeever ORLANDO, Florida (Reuters) -Theory suggests that the divergence in value between U.S. stocks and bonds will eventually get so extreme

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Categories Investing

Citigroup names Jeff Wu as China markets sales head

January 13, 2025

(Reuters) – Citigroup (NYSE:C) has appointed Jeff Wu as Head of Markets Sales for China, effective immediately, aiming to unify

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Categories Investing

GSK to buy US biotech firm IDRx for up to $1.15 billion

January 13, 2025

(Reuters) -British drugmaker GSK said on Monday that it would pay up to $1.15 billion to buy Boston-based biopharmaceutical firm IDRx, which

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Categories Investing

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

January 13, 2025

BERLIN (Reuters) – Commerzbank (ETR:CBKG)’s supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after

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Categories Investing

Stocks fall, dollar strong as markets wonder if Fed is done

January 13, 2025

By Wayne Cole SYDNEY (Reuters) – Global stocks slid broadly on Monday while the dollar hit more than two-year peaks in the wake

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Categories Investing

Analysis-European banks’ record takings fuel M&A talk as pressures on industry persist

January 13, 2025

By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – For years, pressure on European banks and asset managers to bulk up to

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Categories Investing

Lufthansa CEO expects Italy’s ITA to boost profits by hundreds of millions, FAZ reports

January 13, 2025

BERLIN (Reuters) – Lufthansa expects its planned stake in Italy’s ITA Airways to increase the German flagship carrier’s profits by hundreds of

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Categories Investing

Porsche’s 2024 China sales fall by 28%

January 13, 2025

BERLIN (Reuters) – German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness

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