Pound, gold and oil prices in focus: commodity and currency …
4 days ago · Spot gold lost 0.1% to $2,668.41 per ounce, while US gold futures slipped 0.6% to $2,678.30. Trump’s win has introduced uncertainty about the pace of future rate cuts by the US Federal Reserve, bolstering the dollar and weighing on USD-denominated gold prices. “This rally in the dollar and yields has put pressure on gold, which ...
Stocks to watch next week: Burberry, SSE, Disney, Alibaba and …
6 days ago · The numbers investors will be watching closely are the comparable retail sales for the first half of the financial year. Burberry reported a 21% drop in comparable retail sales in the first quarter, and analysts predict a similar decline in the second quarter. For the first half overall, a year-on-year decline in sales of around 20% is expected ...
Nextdoor can be 'world's most valuable local company', says CEO
Having launched in the US in 2011, the UK is Nextdoor’s largest international market with one in four households said to be on the platform, since its 2016 launch, after recently revealing 10 million UK users, who can access recommendations, local information and hyperlocal news. Tolia’s return, taking over from former CEO Sarah Friar ...
Dollar braces for US inflation data and several Fed speakers
5 days ago · The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing's latest underwhelming stimulus package. Reports on retail sales and industrial output due Friday should show whether Beijing's various attempts at stimulus are having any real effect …
The pros and cons of part exchanging your home - Yahoo Finance
4 days ago · The biggest benefit of part exchange is the certainty of a sale. “Recent data shows it’s taking around seven months, on average, from listing a property to completing a sale. And here’s the kicker: only half of the properties that go up for sale are actually selling at all,” says Walker. “For many people, the thought of waiting months ...
NHS doctors could ‘spend more time with patients’ thanks to AI …
4 days ago · Mon, 11 Nov 2024, 5:10 am4 min read. An AI assistant which frees up doctors so they can spend more time with their patients is being trialled in the NHS. The technology enables medics to listen to patients instead of typing up documents and letters – which the AI does for them. The generative AI tech is being trialled across London, led by ...
Continental cuts sales guidance, posts Q3 profit beat
4 days ago · Continental now expects sales for 2024 to be between 39.5 and 42 billion euros ($42.9 and $45 billion), down from the 40 to 42.5 billion euro range it gave in August, with the cut entirely a result of downward revisions in the ContiTech business, which supplies industry as well as carmakers. August's guidance was itself a cut, with Continental at the time citing weaker …
VCs on how to 'survive and thrive' after a down round - Yahoo …
6 days ago · Down rounds weren't very common during the pandemic-era boom, but their prevalence as a percentage of all deals has more than doubled from 7.6% in 2021 to 15.7% in the first half of 2024, according to PitchBook data. Startup prices dropped significantly after the U.S. Fed hiked interest rates, and many companies remain overvalued relative to ...
UMG says Pershing does not have right to require Amsterdam …
PSH.AS. (Reuters) - Record label Universal Music Group said on Saturday that billionaire Bill Ackman's Pershing Square does not have any right to require UMG to become a U.S.-domiciled company or delist from Euronext Amsterdam. Ackman on Friday said he would seek to delist investment firm Pershing Square Holdings and move the record label from ...
Analysis-As its industry struggles, Germany services sector offers ...
4 days ago · By chiefly focusing on trying to salvage its industry champions, German policymakers may have overlooked the untapped growth potential of the country's services sector. The German economy, once described as Europe's growth engine, has underperformed euro zone peers since 2018 and faces further pain amid plans by car giant Volkswagen to shut …