Business News

W.P. Carey (NYSE: WPC) currently sits more than 15% below its 52-week high. The weakness in its share price is a big reason the real estate investment trust (REIT) offers a dividend yield above 6%. That’s multiples higher than the S&P 500‘s dividend yield, which currently sits near a 20-year low at 1.2%. The diversified … Read more

Gratomic (OTCPK:CBULF) announced the appointment of Hermanus Manuel Silver, “Manie,” to the board of directors and the position of COO. Currently, Mine Manager and Head of Namibian Operations, Manie will continue those roles. The company announced the departure of Executive Chair Bruno Baillavoine

Investing.com — US equity funds are set to experience a record-breaking year with annualized inflows reaching $448 billion, Bank of America reported. Money market funds are also witnessing unprecedented demand, projected to receive “massive” inflows of $1.1 trillion in 2024. In the week ending November 11, equity funds attracted $14.4 billion, while bonds saw inflows … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The euro has fallen to its lowest in almost two years against the dollar, as the single currency is buffeted by the spectre of US tariffs and the escalation of the war in Ukraine. The … Read more

A wedding in Kurnool, Andhra Pradesh, faced a brief interruption when a man suffered a cardiac arrest while greeting the bride and groom, reported NDTV. A video shows the man, identified as Vamsi, giving a gift to the couple on stage, surrounded by cheering guests, when he suddenly lost his balance. Vamsi, a young man … Read more

RistoArnaudov/E+ via Getty Images The HCOB Flash Germany Composite PMI Output Index registered in sub-50 contraction territory for a fifth straight month in November. Furthermore, slipping from October’s 48.6 to 47.3, the headline index signalled an acceleration in the rate of decline in business activity to the

BERLIN (Reuters) – Germany’s economic downturn accelerated in November as business activity fell for a fifth month running and at the quickest rate since February, according to a survey published on Friday. The HCOB German flash composite Purchasing Managers’ Index, compiled by S&P Global, fell to 47.3 from 48.6 in October. Analysts had forecast no … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British retail sales fell much more than expected in October as consumers purchased fewer clothes and food ahead of the Budget. The quantity of goods bought in Great Britain fell 0.7 per cent between September … Read more

The world’s most famous value investor is sitting on an enormous cash pile. Warren Buffett’s conglomerate Berkshire Hathaway currently holds more than $325 billion in cash and equivalents, according to the firm’s quarterly financial statements, most of it in U.S. Treasury bills.  Everyone wants to know why. Is he cashing out because he sees an … Read more