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Economy

Analysis-2024 the ‘year of the bond’ as record inflows top $600 billion

December 17, 2024
By Harry Robertson LONDON (Reuters) – Investors have poured a record $600 billion into global bond funds this year, taking advantage of…
Stock

Equinor uncovers new North Sea oil and gas

December 17, 2024
Equinor, a Norwegian energy company, has announced an oil and gas discovery in the North Sea. The find, preliminarily named Ringand, is…
Stock

EU probes TikTok for possible election meddling

December 17, 2024
The European Commission has initiated a formal investigation into TikTok to determine if the social media company failed to mitigate risks that…
Stock

U.S. to grant PG&E $15 billion for grid upgrades- report

December 17, 2024
The U.S. Department of Energy is set to provide a record $15 billion loan to California’s PG&E (NYSE:PCG) Corp, according to the…
Stock

South African managers show preference for local equities over S&P 500

December 17, 2024
In a recent survey conducted by Bank of America (BofA), fund managers in South Africa have shown a preference for South African…
Stock

US stock futures mostly lower; Fed meeting, retail sales in focus

December 17, 2024
Investing.com– U.S. stock index mostly futures fell Tuesday as investors remained cautious before a Federal Reserve meeting this week, where the central…
Investing

Kroger and Albertsons are spending billions to reward shareholders after their blocked merger

December 16, 2024
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with…
Investing

McKinsey & Co. to pay $650M to settle opioid consulting probe, ex-partner to plead guilty

December 16, 2024
McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…
Economy

German Chancellor Scholz to ask parliament to clear way for new elections

December 16, 2024
(This Dec. 15 story has been refiled to fix the link in paragraph 1) By Thomas Escritt BERLIN (Reuters) – Chancellor Olaf…
Economy

Moody’s lowers France’s credit rating to Aa3

December 16, 2024
Moody’s (NYSE:MCO) Investors Service has reduced France’s credit rating to Aa3 with a stable outlook from the previous Aa2 with a negative…
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