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Month: November 2024

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European shares advance as Trump elected US president
Posted inStock

European shares advance as Trump elected US president

By Shashwat Chauhan (Reuters) -European shares jumped more than 1% on Wednesday, tracking a rise in U.S. stock futures, as Donald Trump was elected U.S. president and Republicans took control…
Posted by November 6, 2024
BMW downplays US tariff fears as car stocks hit multi-year lows
Posted inStock

BMW downplays US tariff fears as car stocks hit multi-year lows

By Christoph Steitz FRANKFURT (Reuters) -Potential import tariffs under the U.S. presidency of Donald Trump may benefit BMW (ETR:BMWG), its CEO said on Wednesday, even as shares in the German…
Posted by November 6, 2024
Earnings call: Essential Utilities surpasses Q3 EPS expectations
Posted inStock

Earnings call: Essential Utilities surpasses Q3 EPS expectations

Essential Utilities Inc. (NYSE:WTRG) reported a robust financial performance for the third quarter of 2024, with earnings per share (EPS) of $0.25, beating market expectations. The company announced significant investments…
Posted by November 6, 2024
UK will urge Trump administration not to curb free trade, Reeves says
Posted inEconomy

UK will urge Trump administration not to curb free trade, Reeves says

LONDON (Reuters) -British finance minister Rachel Reeves said on Wednesday she would make “strong representations” over the importance of free trade to the incoming administration of President-elect Donald Trump who…
Posted by November 6, 2024
Analysis-For Europe’s markets, Trump’s return spells euro pain but bond gains
Posted inEconomy

Analysis-For Europe’s markets, Trump’s return spells euro pain but bond gains

By Yoruk Bahceli and Lucy Raitano LONDON (Reuters) – Investors are bracing for further economic pain in Europe that could deepen euro losses and hurt its stocks, as a second…
Posted by November 6, 2024
New trade tariffs could lead to vicious circle of trade war, ECB warns
Posted inEconomy

New trade tariffs could lead to vicious circle of trade war, ECB warns

LONDON (Reuters) – Fresh tariffs could be detrimental to global growth and lead retaliation and a vicious circle of trade war, European Central Bank Vice President Luis de Guindos said…
Posted by November 6, 2024
Trump’s economic plan hinges on tax cuts, tariffs, immigration crackdown
Posted inEconomy

Trump’s economic plan hinges on tax cuts, tariffs, immigration crackdown

WASHINGTON (Reuters) – U.S. President-elect Donald Trump will retake the White House with ambitious plans for broad import tariffs, immigration restrictions and additional tax cuts that analysts see delivering a…
Posted by November 6, 2024
Hedge funds turn attentions to bank, bond and oil trades under Trump
Posted inEconomy

Hedge funds turn attentions to bank, bond and oil trades under Trump

By Nell Mackenzie LONDON (Reuters) – Hedge funds BlueBay and Phoenix were turning their attentions to crude oil, U.S. Treasuries and U.S. banks on Wednesday, after Donald Trump was elected…
Posted by November 6, 2024
Federal Reserve seen on shallower rate-cut path after Trump’s election
Posted inEconomy

Federal Reserve seen on shallower rate-cut path after Trump’s election

(Reuters) – Donald Trump’s election as U.S. president is fueling financial market bets that the Federal Reserve will deliver fewer interest-rate cuts next year, on anticipation that a slew of…
Posted by November 6, 2024
Liam Payne body moved from British cemetery in Buenos Aires on way to airport – cemetery source
Posted inEconomy

Liam Payne body moved from British cemetery in Buenos Aires on way to airport – cemetery source

By Miguel Lo Bianco BUENOS AIRES (Reuters) – The body of pop star Liam Payne, who died in Buenos Aires last month, has been taken from the city’s British cemetery…
Posted by November 6, 2024

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