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Category: General Investing

Is a Brexit deal still possible?

Is a Brexit deal still possible?

Weekly Market Compass: The UK walks away from talks with the EU, but there is still hope that a trade deal can be salvaged. Last week was a critical one in the ongoing Brexit odyssey.…

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Global Stocks Fall, Jobless Claims Due and Biden Poll Lead: What’s up in Markets

Global Stocks Fall, Jobless Claims Due and Biden Poll Lead: What’s up in Markets

Europe’s new virus measures send stocks tumbling. U.S. markets are set to open lower as Mnuchin talks down stimulus chances. Jobless claims are due. Biden leads Trump by 11 in a new poll, but the…

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Goldman Sachs profit blows past estimates on trading windfall

Goldman Sachs profit blows past estimates on trading windfall

Goldman Sachs Group Inc (NYSE:GS) on Wednesday posted its best quarterly performance in a decade by some measures, as its trading business moved back into the limelight and its lack of a big consumer business switched…

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European shares muted on doubts around vaccine trial, lockdowns

European shares muted on doubts around vaccine trial, lockdowns

European shares steadied on Wednesday after tumbling in the previous session due to a pause in a COVID-19 vaccine trial and on concerns about more lockdowns, although investors stayed away from big bets ahead of…

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Federal budget 2020: Tax cuts and other measures tipped to help housing

Federal budget 2020: Tax cuts and other measures tipped to help housing

Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession. Key property takeaways…

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U.S. bank stocks are fine, if you are rich in patience

U.S. bank stocks are fine, if you are rich in patience

The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and…

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Google must talk to French publishers about paying for their content

Google must talk to French publishers about paying for their content

Google must open talks with publishers in France about paying to use their content, an appeals court confirmed on Thursday, paving the way for an industry-wide deal in the country. The ruling may reverberate outside…

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Veolia CEO tells Le Figaro paper that Suez deal still possible

Veolia CEO tells Le Figaro paper that Suez deal still possible

Antoine Frerot, the chairman and chief executive of French utility Veolia (PA:VIE), told Le Figaro newspaper in an interview published on Wednesday that a deal with its bid target Suez (PA:SEVI) was still possible. “We…

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Asian stocks see heavy outflows in September as virus woes weigh 

Asian stocks see heavy outflows in September as virus woes weigh 

Foreigners turned net sellers of Asian equities after three consecutive months of buying as concerns over a resurgence of the coronavirus and a firmer U.S. dollar dimmed demand for riskier assets. Cross-border investors sold a…

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Stocks inch to two-week high after Trump leaves hospital

Stocks inch to two-week high after Trump leaves hospital

World stock markets neared a more than two-week high on Tuesday after U.S. President Donald Trump’s return to the White House from hospital where he was treated for COVID-19, and expectations of a new U.S.…

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