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Stocks end strong year with a whimper as yields apply pressure

Stocks end strong year with a whimper as yields apply pressure

NEW YORK (Reuters) -Global stocks declined on Tuesday as elevated U.S. Treasury yields again contributed to a lackluster close in an o..

BMW, Yamaha Motor back US rare earths startup Phoenix Tailings

BMW, Yamaha Motor back US rare earths startup Phoenix Tailings

(Reuters) –     BMW and Yamaha Motor have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest mov..

Macron acknowledges error on early elections in New Year’s speech

Macron acknowledges error on early elections in New Year’s speech

PARIS (Reuters) -French President Emmanuel Macron said on Tuesday he recognised that his decision to call early parliamentary election..

Swiss central bank faces call to hold bitcoin in reserves

Swiss central bank faces call to hold bitcoin in reserves

ZURICH (Reuters) –     A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative pub..

Britain’s energy price cap to rise 3% in April, Cornwall Insight says

Britain’s energy price cap to rise 3% in April, Cornwall Insight says

LONDON (Reuters) – Britain’s domestic energy price cap is expected to rise a further 3% in April, with geopolitical instab..

UK approves Merck’s therapy for rare lung condition

UK approves Merck’s therapy for rare lung condition

(Reuters) – UK’s Medicines and Healthcare products Regulatory Agency (MHRA) said on Tuesday it had approved Merck’s ..

Inside luxury goods’ broken audit system

Inside luxury goods’ broken audit system

By Elisa Anzolin, Emilio Parodi and Silvia Ognibene MILAN (Reuters) – LVMH-owned Dior’s production arm in Italy, Manufactu..

Cycling-Britain’s Finucane sets out target for triple gold in LA

Cycling-Britain’s Finucane sets out target for triple gold in LA

LONDON (Reuters) – Britain’s twice world champion Emma Finucane says she is ready to go back to square one in her quest to..

Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US

Markets in 2024: Wall Street’s high-octane rally keeps investors captive to the US

By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a ..

Steady sterling on track for best G10 performance against dollar in 2024

Steady sterling on track for best G10 performance against dollar in 2024

By Harry Robertson LONDON (Reuters) – The pound was little changed on the final trading day of the year on Tuesday, leaving it o..

Stocks drop as elevated yields weigh

Stocks drop as elevated yields weigh

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks dropped for a third straight session on Monday as the recent bout of elevated U..

Biggest aviation accidents of 2024

Biggest aviation accidents of 2024

(Reuters) – The crash on Sunday of a Jeju Air Boeing 737-800 in Muan County killed a total of 179 people in the deadliest air di..

Asian stocks, dollar hold their own to close out strong 2024

Asian stocks, dollar hold their own to close out strong 2024

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased on Tuesday in cautious end-of-year trading that has seen investors sc..

Gold on track for best year in over a decade

Gold on track for best year in over a decade

By Rahul Paswan (Reuters) – Gold prices were little changed on Tuesday, the last trading day of an eventful year that saw the me..

Oil rises on expanding Chinese factory activity, but set to end year lower

Oil rises on expanding Chinese factory activity, but set to end year lower

SINGAPORE (Reuters) – Oil prices rose in early trade on Tuesday after data showed China’s manufacturing activity expanded ..

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade

By Ankur Banerjee SINGAPORE (Reuters) – The dollar was firm on the last trading day of the year, poised to clock strong gains in..

London’s FTSE 100 falls in thin trading after best week in December

London’s FTSE 100 falls in thin trading after best week in December

(Reuters) – London’s FTSE 100 dipped on Monday, after logging its best week in five on Friday, with aerospace and defence ..

Jimmy Carter worked tirelessly for peace and democracy, Nobel committee says

Jimmy Carter worked tirelessly for peace and democracy, Nobel committee says

OSLO (Reuters) -Former U.S. President Jimmy Carter should be praised for his “decades of untiring effort” to find peaceful..

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

Siemens reviewing Healthineers majority stake, CFO tells Handelsblatt

MUNICH (Reuters) –     Siemens AG is reviewing its majority stake in medical technology subsidiary Siemens Healthineers,, the Ge..

Oil holds steady in thin holiday trade

Oil holds steady in thin holiday trade

LONDON (Reuters) -Oil prices were broadly steady on Monday in thin holiday trade at the end of the year, as traders awaited more Chine..

European stocks slip as bond yields stay high

European stocks slip as bond yields stay high

(Reuters) -European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the ..

Chinese youth flock to civil service, but slow economy puts ‘iron rice bowl’ jobs at risk

Chinese youth flock to civil service, but slow economy puts ‘iron rice bowl’ jobs at risk

By Laurie Chen BEIJING (Reuters) – A record 3.4 million young Chinese flocked to the civil service exam this year, lured by the ..

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

Some global property catastrophe reinsurance rates to fall 5% to 15% on Jan 1, broker says

LONDON (Reuters) – Global property catastrophe reinsurance rates will fall 5% to 15% on Jan. 1 for books of businesses which hav..

Dollar reigns with support of higher yields

Dollar reigns with support of higher yields

SINGAPORE (Reuters) -The Japanese yen traded around five-month lows on Monday against a dollar underpinned by rising U.S. yields as th..

Huawei cuts prices of a variety of high-end devices

Huawei cuts prices of a variety of high-end devices

BEIJING (Reuters) – Huawei cut the prices of a variety of high-end devices, including mobile phones, by up to 3,000 yuan ($411) ..

Shares muted in Asia, high yields test lofty valuations

Shares muted in Asia, high yields test lofty valuations

By Wayne Cole SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Str..

Roche has no plans for job cuts and business is healthy, CEO says

Roche has no plans for job cuts and business is healthy, CEO says

ZURICH (Reuters) – Swiss pharmaceutical company Roche is not planning job cuts and its business is healthy, CEO Thomas Schinecke..

Yen hovers near 5-month low as BOJ’s cautious stance weighs

Yen hovers near 5-month low as BOJ’s cautious stance weighs

TOKYO (Reuters) –     The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish ..

Oil prices set for weekly gain on China stimulus optimism

Oil prices set for weekly gain on China stimulus optimism

(Reuters) –     Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts ..

Asian stocks drift, yen at 5-month low in thin year-end trading

Asian stocks drift, yen at 5-month low in thin year-end trading

SINGAPORE (Reuters) –     Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month low..

Oil prices edge higher on hopes for more China stimulus

Oil prices edge higher on hopes for more China stimulus

TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China,..

Dollar stays resilient, Asia shares get festive lift

Dollar stays resilient, Asia shares get festive lift

SINGAPORE (Reuters) –     Asia shares rose slightly in holiday-thinned trade on Thursday, extending gains from earlier in the we..

Santa Claus global flight to deliver presents underway

Santa Claus global flight to deliver presents underway

Santa Claus took off early Christmas Eve aboard his reindeer-powered sleigh to deliver presents around the world. That is according to..

Eric Weschke Leads Advanced Folio Capital Management Into 2025 with Expertise and Innovation

Eric Weschke Leads Advanced Folio Capital Management Into 2025 with Expertise and Innovation

Eric Weschke In the world of financial services, few names resonate as strongly as Eric Weschke at Advanced Folio Capital ..

Revolutionizing Investment Banking: How Dominick Valenti is Shaping the Future of Capital

Revolutionizing Investment Banking: How Dominick Valenti is Shaping the Future of Capital

With 40 years of experience as a Wall Street investment banker, Dominick M. Valenti of Valenti Partners, LLC. has led a s..

Euro zone bond yields rise to one-month high

Euro zone bond yields rise to one-month high

LONDON (Reuters) -Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to t..

Polish e-commerce Allegro’s unit sues Alphabet for $568 million

Polish e-commerce Allegro’s unit sues Alphabet for $568 million

GDANSK (Reuters) -A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google I..