Author: FX
imaginima Goldman Sachs (NYSE:GS) said this week it has quit one of the top international green energy banking alliances, a signal of declining interest on Wall Street in climate activism against a backdrop of increasing pressure from Republicans. Goldman (GS Source link
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By Suleiman Al-Khalidi and Timour Azhari AMMAN/BEIRUT (Reuters) – Syrian rebels announced they gained full control over the key city of Homs early on Sunday after only a day of fighting, leaving President Bashar al-Assad’s 24-year rule dangling by a thread as insurgents marched on the capital, Damascus. Thousands of Homs residents poured onto the streets after the army withdrew from the central city, dancing and chanting “Assad is gone, Homs is free” and “Long live Syria and down with Bashar al-Assad”. Rebels fired into the air in celebration, and youths tore down posters of the Syrian president, whose territorial…
By Ju-min Park, Joyce Lee and Cynthia Kim SEOUL (Reuters) -South Korean President Yoon Suk Yeol survived an impeachment vote in parliament on Saturday prompted by his short-lived attempt to impose martial law this week, but the leader of his own party said the president would eventually step down. Yoon’s People Power Party boycotted the impeachment vote, put forward by the main opposition Democratic Party, and the motion was scrapped after not enough lawmakers participated. After the vote, however, PPP leader Han Dong-hoon said the party had decided that Yoon would resign. “The declaration of martial law was a clear…
Mon: Eurogroup Meeting; Chinese CPI & PPI (Nov), EZ Sentix (Dec), US Employment Trends (Nov)Tue: RBA Policy Announcement, EIA STEO; German Final CPI (Nov), Norwegian CPI (Nov), US NFIB (Nov), Chinese Trade Balance (Nov), Chinese Central Economic Work ConferenceWed: BoC & BCB Policy Announcement, OPEC MOMR; South African CPI (Nov), US CPI (Nov)Thu: ECB & SNB Policy Announcements, Norges Bank Regional Network, IEA OMR; Australian Employment (Nov), UK GDP Estimate (Oct), US Initial Jobless Claims (w/e 7th), PPI (Nov), Japanese Tankan Index (Q4)Fri: N/AChinese Inflation (Mon): Chinese inflation data for November will provide the latest clues into the underlying health…
By Suleiman Al-Khalidi and Timour Azhari AMMAN/BEIRUT (Reuters) -Syrian rebels pressed their lightning advance on Saturday, saying they had seized most of the south, as government forces dug in to defend the key central city of Homs to try to save President Bashar al-Assad’s 24-year rule. Since the rebels’ sweep into Aleppo a week ago, government defences have crumbled across the country at dizzying speed as insurgents seized a string of major cities and rose up in places where the rebellion had long seemed over. Besides capturing Aleppo in the north, Hama in the centre and Deir al-Zor in the…
Notable analyst calls this week: Tesla, Kroger and FedEx among top picks Source link
Investing.com — As 2025 approaches, the question of whether Gucci will reclaim its position as a leader in the luxury sector looms large. Analysts at UBS are skeptical about such prospects, citing a challenging market context and persistent issues within its parent company, Kering (EPA:). Gucci, which accounts for approximately 70% of Kering’s EBIT, has faced struggles over the past five years, including declining sales and profitability. Despite management’s efforts to revitalize the brand, the outlook for 2025 suggests that it may not yet be Gucci’s time to shine. The brand is forecasted to experience a modest sales contraction of…
By Ingrid Melander and Ardee NAPOLITANO PARIS (Reuters) – Paris’ Notre-Dame Cathedral reopens its doors on Saturday, five-and-a-half years after it was ravaged by a devastating fire that destroyed its spire and roof and brought the entire Gothic masterpiece within minutes of collapsing. The 860-year old medieval cathedral, a symbol of both France and Paris, has been meticulously restored, with a new spire and rib vaulting, its flying buttresses and carved stone gargoyles returned to their past glory and the white stone and gold decorations shining brighter than ever. On the evening of April 15, 2019, Parisians who rushed to…
This week featured busy mix of NFP positioning, central bank biases, trade concerns, and political uncertainty all pushing major currencies around. Source link