Category: Investment

[ad_1] Steel (HVV24), the backbone of industrial progress, is currently hitting a rough patch. Prices have plunged this year, battered by a slowdown in demand and a surge in Chinese exports. China’s overproduction and weak property market continue to push global prices down, exacerbated by fresh concerns over industrial demand amid this week’s soft manufacturing…

[ad_1] By Paul Carsten LONDON (Reuters) -Oil prices rebounded on Wednesday from an extended sell-off, after sources from OPEC+ told Reuters the producer group was discussing delaying a planned output increase in October. futures rose 45 cents, or 0.6%, to $74.20 by 1144 GMT. U.S. West Texas Intermediate crude futures were up 55 cents, or…

[ad_1] News DSV offering €1bn investment and jobs guarantee to land Schenker, claim  theloadstar.com [ad_2] Source link

[ad_1] Nio is stepping away from its luxury lineup to start deliveries of its more affordable Onvo brand, and it’s headed for Tesla. If you’ve only glanced at the electric vehicle (EV) industry, you can be forgiven for not knowing about the Onvo brand. You’d likely be even less aware that it’s NIO‘s (NIO 2.72%)…

[ad_1] By Tom Wilson, Rae Wee and Tom Westbrook LONDON/SINGAPORE (Reuters) -Shares across the world fell on Wednesday, pummelled by a drop in tech stocks after a record sell-off for U.S. chipmaker Nvidia (NASDAQ:) and as expectations of fading global growth hit riskier assets, pushing oil prices to multi-month lows. European shares shed 1% by…

[ad_1] Investment banks cut China GDP forecasts as confidence wanes  Financial Times [ad_2] Source link

[ad_1] HOUSTON (Reuters) – Weather forecasters who produce Colorado State University’s closely watched hurricane outlooks said on Tuesday tropical storm activity in the first week of September would likely be below average. “With the exception of the western Caribbean and southern Gulf of Mexico, large scale environmental conditions look relatively unfavorable for the next (approximately)…

[ad_1] Given its better valuation, we believe Deere stock (NYSE: DE) is a better pick than its peer, Caterpillar stock (NYSE: CAT) for the next three years. CAT stock trades at 2.6x revenues, versus 1.8x for DE. We think this gap in their valuation will narrow in favor of Deere, given its superior revenue growth…

[ad_1] By Lisa Barrington (Reuters) -Hong Kong’s Cathay Pacific Airways (OTC:) said on Tuesday it had inspected its entire Airbus A350 fleet after the in-flight failure of a component in an engine that is made by British manufacturer Rolls-Royce (OTC:). WHAT HAPPENED ON THE FLIGHT? A problem unfolded several minutes after take-off on flight CX383…

[ad_1] Dividend stocks have been out of favor with markets for quite some time now, as multi-year high yields on debt instruments lowered their appeal for investors. But now, with Fed Chair Jerome Powell signaling a rate cut in the most unambiguous words, dividend stocks could start to see some traction. Midstream energy companies are…