Tag Archives: United States

CNBC Pro: Goldman Sachs strategist says these investments are ‘starting to look attractive again’ James Ashley, head of international market strategy at Goldman Sachs Asset Management, discusses which investments look attractive right now, and the likelihood of a recession. Stocks on the move: Royal Mail up 5%, Elekta down 7% …

Semiconductor chips on the circuit board of a computer, on Feb. 25, 2022.FLORENCE LO/Reuters The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in talks that concluded on Friday, Bloomberg reported, citing people familiar with the matter. …

UK postal operator Royal Mail revealed Thursday that it took a vast £200-million ($247 million) hit from recent strikes over pay, deepening the group’s losses. Operating losses hit £295 million in the nine months to December from a year earlier, parent International Distributions Services (IDS) said in a results statement. …

The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …

Royal Mail falls 7.2% Royal Mail fell 7.2% in afternoon trade following a second day of strikes by U.K. postal workers. Shares of the former state postal monopoly fell close to the bottom of the Stoxx 600 after the second day of walkouts over pay. Royal Mail staff are planning …

R oyal Mail has revealed images of a new set of “vibrantly illustrated” stamps to mark the 50th anniversary of the UK’s first Pride rally. The eight stamps celebrate a march that took place from Trafalgar Square to Hyde Park in London in July 1972, which was the first to …

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LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …

By Rachel Armstrong, Abhinav Ramnarayan FILE PHOTO: A deliveroo delivery driver cycles through the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil Noble LONDON (Reuters) – Deliveroo said on Monday that it plans to sell around 1 billion pounds ($1.39 billion) of new shares in its upcoming initial public offering …