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Defensive sectors lift European shares after two-day rally
(Reuters) - European stocks inched higher on Wednesday after marking their strongest two-day gain in more than a year, with defensive stocks rising as investors weighed the effectiveness of existing v...
Syndicated Content Dec 08, 2021
Belgium’s Umicore plans battery material venture to supply Volkswagen
(Reuters) - Umicore plans to establish a battery materials venture to supply Volkswagen's battery cell production as the German carmaker expands electric vehicle output, the Belgian chemicals and recy...
Syndicated Content Dec 08, 2021
L’Oreal up 1.4% after Nestle’s plans to sell $10 billion worth of shares
PARIS (Reuters) - L'Oreal shares opened up 1.4% Wednesday after Nestle said Tuesday it would cut its stake in the French cosmetics giant to about 20% by selling shares worth 8.9 billion euros ($10.05 ...
Syndicated Content Dec 08, 2021
COP26 drives record $2 billion inflows into UK-based ESG funds in November-Calastone
LONDON (Reuters) - UK-based environmental, social and governance (ESG) equity funds saw a record 1.5 billion pounds ($2 billion) in inflows in November as COP26 climate talks spurred investor interest...
Syndicated Content Dec 08, 2021
Marketmind: A little bit of fear, a little bit of hope
A look at the day ahead from Dhara Ranasinghe. A little bit of hope and fear defines markets on Wednesday, with investors showing no signs yet of winding down for year-end. Let's start with the fear p...
Syndicated Content Dec 08, 2021
Hedge funds’ November performance worst since March 2020 – HFR
LONDON (Reuters) - Hedge funds posted their worst performance in 20 months in November, after a global market selloff sparked by concerns over the Omicron COVID variant, according to data from HedgeFu...
Syndicated Content Dec 08, 2021
France’s growth should reach 6.7% this year – ECB’s Villeroy
PARIS (Reuters) - France's economy should grow by 6.7% this year as the latest wave of COVID-19 and the emergence of the new Omicron strain do not seem to have much impact on the economic outlook, ECB...
Syndicated Content Dec 08, 2021
Indian billionaire Ambani says 5G rollout should be nation’s priority
NEW DELHI (Reuters) - Indian billionaire tycoon Mukesh Ambani, who controls India's biggest wireless carrier Reliance Jio Infocomm, said on Wednesday the country should prioritise the rollout of 5G te...
Syndicated Content Dec 08, 2021
Top Glove shareholders approve $473-million Hong Kong listing plan
KUALA LUMPUR (Reuters) - Malaysian glove maker Top Glove Corp has won shareholders' approval for its plan to list in Hong Kong, saying on Wednesday it expected to complete the exercise by the first qu...
Syndicated Content Dec 08, 2021
Japan to give massive tax breaks to companies that lift wages – draft plan
By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) - Japan will deny certain tax breaks to big companies that don't hike wages and boost deductions for those that do, as part of efforts to raise sa...
Syndicated Content Dec 08, 2021
Peoria, IL, USA
43 °F Heavy Rain, Mist
