Markets News page: 1

Asos in talks to offload Topshop to U.S. buyer

This is Money | 2023-10-29, 22:44

Online fashion giant Asos is in talks to sell Topshop, less than three years after it

Trump predicts he’ll win Iowa caucus, flubs city’s name during campaign stop

Market Watch | 2023-10-29, 22:41

DES MOINES, IowaDonald Trump predicted Sunday he would win Iowa’s Republican presidential caucuses in January, tossing aside what he called advisers’ caution not to overstate expectations, even as he greeted his audience by naming a city in a neighboring

Biden says Mideast leaders must consider two-state solution after Israel-Hamas war ends

Market Watch | 2023-10-29, 22:41

WASHINGTON — As the three-week-old Israel-Hamas war enters what Israeli Prime Minister Benjamin Netanyahu says could be a “long and difficult” new stage, President Joe Biden is calling on Israeli and Arab leaders to think hard about their eventual postwar

IGO 1Q Earnings Weighed by Weaker Lithium Prices, Lower Nickel Output

Market Watch | 2023-10-29, 22:41

By Rhiannon Hoyle Australian miner IGO on Monday reported a 42% fall in underlying quarterly earnings from the prior three months, citing weaker lithium prices and lower nickel output. The company said underlying earnings before interest, taxes, depreciation

Stocks Poised to Open Higher

Market Watch | 2023-10-29, 22:41

U.S. stocks are poised to open higher on Monday, ahead of the Federal Reserve’s latest decision on interest rates, Apple ‘s earnings report, and the October jobs numbers. The Fed will announce its interest-rate decision at 2 p.m. Eastern time on Wednesday, and

Live: ASX set for another large drop after Wall Street enters correction with Friday fall

The ASX futures are pointing to a slide around 1 per cent, after Wall Street's benchmark index fell into correction territory on Friday. Follow the latest on our live markets blog. ...

Here’s everything coming to Max in November 2023 — and what’s leaving

Market Watch | 2023-10-29, 22:23

It’s an underwhelming November for new releases on Max, with a handful of originals to go along with an avalanche of unscripted holiday-themed shows. The Warner Bros. Discovery WBD, -2.55% streaming service has Season 2 of Issa Rae’s hip-hop comedy “Rap Sh!t”

St Barbara Expects Mines Will be Roughly Cashflow Neutral in FY24

Market Watch | 2023-10-29, 22:05

By Rhiannon Hoyle St. Barbara on Monday said it expects both its Simberi and Touquoy gold-mining operations to be

China’s Economy Shows Signs of Stabilizing—and a Slower Recovery

Market Watch | 2023-10-29, 22:05

China’s economy is showing signs of stabilizing but the improvements are decelerating. That could leave it in an L-shaped recovery—where the economy doesn’t see an upturn—that is unlikely to excite investors. The iShares MSCI China ETF (ticker: MCHI) is down

Markets caught between a rock and a hard place

Straits Times | 2023-10-29, 21:57

October 30, 2023 5:00 AM Given the uncertainties overhanging the market, the prognosis is not great. ...

RUTH SUNDERLAND: Stealth tax hits pensioners

The Daily Mail | 2023-10-29, 21:56

Picking the pockets of pensioners on modest incomes is not a good look for any government, let alone a Conservative one that needs the silver vote. A good deal of attention around the multi-billion-pound stealth tax raid conducted by Rishi Sunak and Jeremy

Interest rates to stay high amid recession fears

The Daily Mail | 2023-10-29, 21:56

Borrowing costs will stay higher for longer as the Bank of England is expected to hold interest rates at a 15-year peak for the second time in a row next week. Economists expect the base rate to be left unchanged at 5.25 per cent on Thursday. Policymakers

Pricey pints mean Britain now has fewer than 100,000 pubs

The Daily Mail | 2023-10-29, 21:56

The number of pubs and bars in Britain has dropped below 100,000 for the first time on record as punters are put off by the price of a pint. More than 44,000 licensed premises have closed in the last 20 years, leaving just 99,916 still trading at the end of

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

The Coin Telegraph | 2023-10-29, 21:48

BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher. ...

‘Five Nights at Freddy’s’ surprises with $130 million global box-office debut

Market Watch | 2023-10-29, 21:47

It hardly mattered that “Five Nights at Freddy’s” was released simultaneously in theaters and on streaming this weekend. Fans flocked to movie theaters across the country to see the scary video game adaptation on the big screen, which made $78 million to top

What’s new on Amazon’s Prime Video and Freevee in November 2023

Market Watch | 2023-10-29, 21:47

Amazon’s Prime Video has more hyper-violent superheroes coming in November 2023, along with a pair of new reality shows and a ton of movies. After a layoff of more than two years, the very-adult animated series “Invincible” (Nov. 3) returns for its second

Top Four Sectors Based On Yearly Pivots

Forbes | 2023-10-29, 20:16

After 8 days of selling it is hard to favor any sectors. The Viper Report's Tom Aspray reviews the sectors based on their yearly pivot analysis and you may be surprised. ...

‘Friends’ creators, actors, family mourn Matthew Perry

Market Watch | 2023-10-29, 20:16

Matthew Perry was widely mourned this weekend by friends, co-stars and some very famous fans, including his childhood classmate, Canadian Prime Minister Justin Trudeau; his “Friends” mom Morgan Fairchild; and even Adele. Perry, who played Chandler Bing on

China’s foreign minister warns upcoming Xi-Biden meeting may not be ‘smooth sailing’

Market Watch | 2023-10-29, 19:58

BEIJING — China’s foreign minister considers that the road to an expected meeting between President Xi Jinping and U.S. President Joe Biden would not be “smooth sailing” and that both sides must work together to achieve results, the foreign ministry said on

Two Sigma tells clients of $620 mln in unexpected gains, losses -WSJ

Reuters | 2023-10-29, 19:49

Oct 29 (Reuters) - Hedge fund Two Sigma Investments has told clients of $620 million in unexpected gains and losses which resulted from unauthorized adjustments, the Wall Street Journal reported. The Securities and Exchange Commission (SEC)

Germany's Scholz says his country willing to invest in Nigerian gas, minerals

Reuters | 2023-10-29, 19:49

ABUJA, Oct 29 (Reuters) - German Chancellor Olaf Scholz said on Sunday his country was willing to invest in gas and critical minerals in Nigeria, Africa's largest oil producer, as he started a two-nation visit to sub-Saharan Africa. This is the third

UAW escalates strike against GM after landing tentative deals with Stellantis and Ford

Market Watch | 2023-10-29, 19:40

DETROIT — The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis. The escalated walkout began Saturday evening

Pence’s early exit from presidential race offers reminder of Trump’s grip on GOP

Market Watch | 2023-10-29, 19:40

LAS VEGAS — Mike Pence has a resume most White House hopefuls would dream of. A congressman. A governor of a big Midwestern state. A one-time vice president. In normal times, someone with such credentials would be well positioned to win their party’s

SoFi Will Post Earnings Monday. The Fintech Has a Lot to Prove.

Market Watch | 2023-10-29, 19:40

The focus will be on SoFI’s student-loan business, which took a beating from the pandemic-related pause in repayments. Justin Sullivan/Getty Images It’s time to see what SoFi Technologies is made of. The fintech is set to drop its third-quarter earnings on

Hurricane Otis death toll rises to 43, dozens still missing around Acapulco

Market Watch | 2023-10-29, 19:40

ACAPULCO, Mexico — At least 43 people died when Category 5 Hurricane Otis slammed into Mexico’s southern Pacific coast, the governor of hard-hit Guerrero said Sunday as the death toll continued to climb. Gov. Evelyn Salgado said on X, the platform formerly

Jio pitches for USO subsidy for 2G-Mukt Bharat

Financial Express | 2023-10-29, 19:22

Reliance Jio, which is aiming for a ‘2G-Mukt Bharat’, wants the government to use the Rs 75,000-crore surplus parked in the universal services obligation fund (USOF), to subsidise smartphones for feature phone users. Alternatively, it wants the

Fed Meeting, Jobs Report, Apple Earnings, and More to Watch This Week

Market Watch | 2023-10-29, 18:10

A Federal Reserve meeting, the latest U.S. jobs data, and another packed stretch of third-quarter earnings season will keep investors busy this week. Around 150 S&P; 500 companies are scheduled to report. The highlight of the week will come on Wednesday,


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