European Shares Edge Higher with ECB Policy Minutes on Tap

Euro zone business activity falls in Nov ECB October meeting minutes awaited STOXX 600 up 0.1 Nov 23 Reuters European shares inched higher on Thursday, supported by gains in energy stocks, while investors awaited minutes of the European Central Bank39;s ECB latest meeting for clues on the region39;s monetary policy path. The panEuropean STOXX 600 was […]
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Oil Prices Dip in preThanksgiving Trade ahead of OPEC Cuts

Markets cautious ahead of Nov. 26 OPEC meeting Eyes on whether OPEC cuts rolled over or deepened U.S. government data on stockpiles due Wednesday LONDON, Nov 22 Reuters Oil prices slipped on Wednesday in quiet preU.S. Thanksgiving holiday trading, as the market awaited news on output cuts from the OPEC producers group and looked for […]
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Goldman Sachs says Deeper OPEC Output Cut Remains on Table

Says base case is voluntary group cut is left unchanged Sees 35 subjective probability major OPEC producers may announce deeper group cut Nov 22 Reuters Goldman Sachs says the possibility of a deeper group oil output cut is on the table when OPEC oil producers meet this weekend, and it expects Saudi Arabia and Russia […]
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Deere Forecasts Downbeat Profit as High Borrowing Costs Pinch Demand

Nov 22 Reuters Farm equipment maker Deere Co forecast 2024 profit below analysts39; expectations on Wednesday as high borrowing costs and squeezed budgets dented demand for its products. Its shares were down 7.1 in premarket trading. The world39;s largest farm equipment maker expects 2024 net income between 7.75 billion and 8.25 billion, compared with analysts39; average […]
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UK to Explore Options for NatWest Retail Share Offer

Retail investors could be sold NatWest stock within 12 months Taxpayers still own 39 of bank bailed out in financial crisis NatWest is worst performing FTSE 100 bank stock this year LONDON, Nov 22 Reuters Britain39;s finance minister Jeremy Hunt said he would explore options for a NatWest share offer to the public in the next […]
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Thyssenkrupp Posts 2.3 bln Impairment on Steel Division

Q4 net loss at 2 billion euros Proposes unchanged dividend of 0.15 euros per share Shares indicated to open 1.8 lower FRANKFURTDUESSELDORF, Nov 22 Reuters Germany39;s Thyssenkrupp on Wednesday unveiled a 2.1billioneuro 2.3 billion impairment on its steel unit due to a gloomy outlook, highlighting the challenge in efforts to win Czech energy group EPH as […]
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Bankrupt WeWork Enters Financing Agreements with Certain Lenders

Reuters WeWork said on Tuesday it had secured commitments for up to 682.5 million in debtorinpossession financing from some of its lenders, weeks after the shared office space provider filed for bankruptcy protection. The SoftBankbacked company is seeking to address more than 4 billion in debt and unsustainable future rent costs through a bankruptcy plan. WeWork, […]
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Indias Tata Technologies Shines in Busy Week for IPOs

BENGALURU, Nov 22 Reuters India39;s Tata Technologies39; 30.43 billionrupee 366 million initial public offering was oversubscribed on Wednesday, more than the other four IPOs this week, signaling strong demand for the Tata Group39;s first public float in nearly two decades. Tata Technologies, which provides engineering and technology services to auto, aero and heavy machinery makers, […]
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