Stocks on the move: Ames-Osram up 5.8%, Hanover Rock up 5.1%. Semiconductor manufacturer Ams-Osram It rose 5.8% to lead the Stoxx 600 on news that Aldo Kamper, formerly of German cable and harness company, Aldo, has been appointed as its new CEO. At the other end of the European standard, Hanover Roeck It fell further … Read more
Stocks on the Go: Unicredit up 11%, Philips down 5.8% UniCredit It continued to trade higher in the afternoon trade, up 11% after Tuesday’s bumper earnings report. On the other hand, the German arms maker Rheinmetall fell to the bottom of the benchmark, down 6.4%, and Phillips 5.8% sank the news that the workforce will … Read more
You always have to start somewhere. In the case of many successful startup founders, this means working a day job before they are ready to launch their new business. So, what are the best places to work for future founders? Several big-name companies top the list, according to New report From small business lending platform … Read more
The BBC broadcast a two-part series attacking Prime Minister Modi’s tenure as Gujarat CM during the 2002 Gujarat riots. Washington: “I am not familiar with the documentary you are referring to, however, I am very familiar with the shared values that make the United States and India such thriving and vibrant democracies,” US stateMinistry spokesman … Read more
The war made by Vladimir Putin He thinks he will win in a matter of days is still poised after nearly a year, with both sides desperately seeking more equipment, soldiers, and international support. But it looks like Russia could soon be dealt a crippling blow — courtesy Ukraine’s friends in the United States and … Read more
Long-term British yields fell by 15 basis points Long-term British government bond yields fell sharply, reaching their lowest level since December 19th. yields on 10 yearsAnd 20 years And 30-year gold bonds All were down about 15 basis points at 2:15pm London time. Yields move inversely to prices. – Jenny Reed The strategist says the … Read more
Powell stresses the need for political independence for the Federal Reserve while addressing inflation US Federal Reserve Chairman Jerome Powell attends a press conference in Washington, D.C. on December 14, 2022. Liu Ji | Xinhua News Agency | Getty Images Chairman of the Federal Reserve Jerome Powell On Tuesday, he stressed the need for the … Read more
Mexican President Andres Manuel López Obrador has said Mexico has “inalienable” ownership of its energy resources. The leaders of Canada, Mexico and the United States are due to hold a summit next week, where the big bone of contention could be the row over whether Mexico has violated a trade agreement by tightening the country’s … Read more
A strategist said the UK would perform worst among the major developed economies in 2023 Seema Shah, Chief Strategist at Principal Global Investors, expects a challenging start to 2023 for the UK with lower household savings and the effects of higher interest rates. French inflation slowed unexpectedly Skyline from the Arc de Triomphe in Paris, … Read more
Manufacturing activity in Japan posted its weakest level in more than two years the au Jibun Bank Flash Japan Manufacturing PMI December recorded a reading of 48.9, marking the second consecutive month in contraction territory. The reading eased from 49.0 for November, and represented the weakest number since the October 2020 figure of 48.70. The … Read more
