JPMorgan upgrades Mexican equities on U.S. growth, downgrades Brazil
Monetary policy outlook by the central banks of both countries could also impact equity markets, JPMorgan said. Brazil is expected to extend rate hikes into 2025, which could hurt corporate earnings ...
Just Eat Takeaway shares down on delisting from London Stock Exchange
Investing.com -- Shares of Just Eat Takeaway (LON: JETJ) fell on Tuesday following the company’s plans to delist from the London Stock Exchange (LON: LSEG ). The decision comes as the food delivery ...
US to face “significant consequences” from Trump’s Canada tariffs, Goldman says
Reuters reported on Tuesday that Trump’s proposed 25% tariff on Canadian and Mexican imports would include crude oil, a key resource for US refineries. The oil industry has raised concerns that such a ...
Emirates Airline says 'wings clipped' by Boeing delays
Emirates, the Middle East's biggest airline, has increasingly voiced its displeasure over delays and uncertainty plaguing ...
PCE inflation, Middle East ceasefire, Apple - what's moving markets
Economists are expecting the PCE index to have risen 2.3% annually in October, an increase from 2.1% the prior month. The ...
EasyJet shares rise on record pofits
EasyJet Holidays, the company’s package holiday division, also reported growth, contributing £190 million in profits before tax—a 56% increase year-over-year—thanks to a 36% rise in customer numbers.
Namibia votes for new president in most competitive election in decades
SWAPO's support fell to 56% in the 2019 presidential election from 87% in 2014. To be elected president, a candidate must get ...
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
SINGAPORE (Reuters) - Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude ...
China Defence Minister Dong Jun investigated for corruption, FT reports
BEIJING (Reuters) - China Defence Minister Dong Jun has been placed under investigation as part of a wide-ranging anti-corruption probe that has roiled the top ranks of the People's Liberation Army, ...
German opposition leader: 'definitely' no debt brake reform before February vote
BERLIN (Reuters) - Germany's conservative opposition leader and possible next chancellor, Friedrich Merz, on Wednesday ...
Explainer-'The Corrupt Solar Project': Adani embroiled in US findings of bribery scheme
NEW DELHI (Reuters) -Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe ...
Exclusive-VW to exit Xinjiang operation with sales of local plant, test track, sources say
The transaction value of the deal was not immediately clear. Volkswagen’s presence in Xinjiang has become a headache for the ...