Business News
Let’s try a little thought experiment. What if I could only buy a single stock today and had to hold it forever? What ticker could stand up to the immense pressure? I’d need a business with the fortitude to stay relevant for decades. It should operate across many different fields and sectors, giving my single-ticker … Read more
BNY Mellon Strategic Municipals declares $0.019 dividend
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -Tech stocks spearheaded a rebound in European shares on Thursday, after a two-day slump fuelled by worries over potential U.S. tariffs and France’s economic and political challenges, with investors now closely watching inflation reports for clues on the future trajectory of interest rate cuts. The pan-European … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Southern Water has swung to a record £72mn annual operating loss as rampant energy price rises and heavy rainfall piled more pressure on the heavily-indebted utility’s financial plumbing. The company, which provides water and sewerage … Read more
While traditions come and go, there may be none so lasting as watching the Detroit Lions play on Thanksgiving. Every year of the team’s existence—with the exception of 1939 to 1944, when the world was preoccupied with World War II—the Lions have been a part of Thanksgiving games. And since 2016, they’ve lost every single … Read more
Ola Electric Mobility Ltd. saw its market cap soar by $1 billion in just two days after unveiling a new electric scooter tailored for delivery workers. Shares of India’s largest electric-scooter maker jumped 29% through Thursday, driven by the launch aimed at tapping into the growing demand from the country’s gig economy workforce. The Ola … Read more
My children have inherited $5 million of stock from their father (whose estate has not yet been dispersed after 11 months) leaving them with a 30% or so loss of value over which they have had no control. Is there any way they could make a choice of which equities they should sell and harvest … Read more
BNY Mellon strategic Municipal bond fund declares $0.018 dividend
By Jeff Mason NANTUCKET, Massachusetts (Reuters) – U.S. President Joe Biden on Thursday said he hoped President-elect Donald Trump would rethink his plan to impose tariffs on Mexico and Canada, saying it could “screw up” relationships with close allies. “I hope he rethinks it. I think it’s a counterproductive thing to do,” he told reporters … Read more
Christine Lagarde has urged Europe’s political leaders to co-operate with Donald Trump over tariffs and buy more products made in the US, warning that an acrimonious trade war risks wiping out global economic growth. The European Central Bank chief said in her first interview since Trump won his second presidential term that the EU needed … Read more