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Investing.com — Shares of TUI AG (ETR:) fell over 4% on Wednesday despite reporting fiscal year 2024 results that highlighted several areas of strength, including revenue and EBIT growth, and a better-than-expected leverage position. However, concerns about weaker performance in the company’s Markets and Airlines segment and deceleration in booking…
By Dietrich Knauth (Reuters) – Conspiracy theorist Alex Jones is set to urge a U.S. bankruptcy judge to block the sale of his Infowars website to the Onion news parody site at a Monday court hearing in Houston. The Onion was named the winning bidder for Infowars in a November…
By Timour Azhari BEIRUT (Reuters) – Iraqi Shi’ite Muslim ruling parties and armed groups are weighing the pros and cons of armed intervention in Syria, viewing as a grave threat the advance of Sunni Islamist rebels who have taken two Syrian cities and now bear down on a third. Baghdad…
Investing.com– Most Asian stocks fell on Thursday as rising U.S. Treasury yields pressured technology stocks, while weak economic prints from several regional economies also weighed on sentiment. Regional markets took a weak lead-in from Wall Street, as heavyweight technology stocks fell amid pressure from high yields and as increased risk…
Investing.com — Growth stocks are viewed as shares in a firm that are projected to grow at a significantly faster pace than the market average. But, in a note to clients this week, analysts at Bernstein laid out a more comprehensive definition of these stocks. “Growth stocks typically produce higher…
A regional expert believes Russia will supply Iran with Su-35 fighter jets.Advanced air defenses and anti-ship cruise missiles may also be on the table.These would bolster Iran’s power in the region at a critical moment. Russia is considering deepening its military support for Iran and its regional militia allies with…
Investing.com — During the 2024 LME Week, was distinctly labeled the “least liked” metal among base commodities. A survey conducted by Macquarie confirmed this sentiment, with market participants indicating a preference to short nickel, while metals like and tin were seen as more favorable long positions. Despite this downbeat sentiment,…
By Andres Gonzalez and Ron Bousso LONDON (Reuters) -BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company’s focus on renewables. The company has faced pressure…
A look at the day ahead in U.S. and global markets from Mike Dolan The unexpected downturn in U.S. household confidence this month and growing anxiety about jobs has spurred aggressive interest rate cut bets anew – dragging Treasury yields, the dollar and stock futures lower into Wednesday’s open. Feeding…
By Echo Wang and David French NEW YORK (Reuters) – The owners of Switch (NYSE:) are exploring an initial public offering (IPO) of the data center operator that could value it at about $40 billion, including debt, according to people familiar with the matter. The discussions on an IPO for…