Chancellor: I’ve Warned FCA About Pension and Growth Push
Rachel Reeves has told City chiefs she plans to create pension “megafunds” that will “power growth” in the economy and reward British savers. In her first Mansion House speech as…
UK Inflation: What to Expect from November’s Data
UK inflation is expected to have risen in October when figures for last month are released next Wednesday by the Office for National Statistics. While it’s too soon to see…
Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1
Hyundai CEO Jaehoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New York International Auto Show Michael Wayland | CNBC DETROIT – Hyundai…
Warren Buffett’s Berkshire Hathaway takes a stake in Domino’s Pizza
Warren Buffett’s Berkshire Hathaway built a new stake in Domino’s Pizza last quarter, according to a regulatory filing Thursday. The Omaha-based conglomerate bought more than 1.2 million shares of the…
Trump picks vaccine skeptic RFK Jr. for Health and Human Services secretary
President-elect Donald Trump said Thursday that he will nominate vaccine skeptic and conspiracy theorist Robert F. Kennedy Jr. as secretary of the Health and Human Services Department. If the Senate…
Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Robert F. Kennedy Jr. in Phoenix on Aug. 23, 2024. Thomas Machowicz | Reuters Shares of vaccine makers fell Thursday as President-elect Donald Trump nominated Robert F. Kennedy Jr., a…
Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
watch now Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower…
Burberry Earnings: Weak Performance, But New Strategy Makes Sense to Us
We maintain our fair value estimate for narrow-moat Burberry as it announced weak first-half results and provided some insights into its turnaround plan. Shares are trading in 5-star territory with…
Best Hydrogen Stocks for the Carbon Transition
Hydrogen will play a key role in the energy transition, as a clean energy source that helps industry to decarbonize. Despite the hype, hydrogen investors have suffered setbacks in recent…
More Pension Reforms Coming in Chancellor’s First Mansion House Speech
UK pension “megafunds” are set to be created to help unlock billions of pounds of investment in businesses and infrastructure. Rachel Reeves will use her first Mansion House speech as…