Tag Archives: European

European equities muted ahead of UK COVID-19 lockdown easing

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link

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European stocks sink after Fed and Reddit drive Wall Street sell-off

People enter a GameStop store in Alhambra, California on January 27, 2021. Photo: FREDERIC J. BROWN/AFP via Getty Images European stock markets opened lower on Thursday, as a sell-off on Wall Street overnight prompted weakness in equity markets globally. The Dow Jones (^DJI) closed down 2% on Wednesday, its biggest one-day fall since October. The slump came after a downbeat assessment of the economy from the US Federal Reserve and amid a highly unusual battle between retail investors and hedge… Source link

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European Energy A/S adjusts expectations for 2020 and foresees a strong 2021

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

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European stocks edge higher after Chinese stocks hit by US blacklist plans

Benzinga Watch Out, Elon Musk. These EV Startups Are Trying To Take On Tesla With a $145.9 billion fortune at press time Elon Musk, the founder of the electric car manufacturer Tesla Inc (NASDAQ: TSLA), has added more than $100 billion to his net worth since January 2020. Tesla’s shares have been going up, beating every analyst’s expectations and common sense, while its market capitalization reached $600 billion on Dec. 7. The company is aiming to sell 500,000 battery-powered vehicles by the… Source link

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Odd News Roundup: Yandex robots start to deliver restaurant meals in central Moscow; Time is precious, says Vietnamese collector of European church clocks and more

Following is a summary of current odd news briefs. Solo sauna a hot favourite in Tokyo as coronavirus cases rise The spread of the novel coronavirus may have slowed economies and closed many businesses worldwide, but it hasn’t been a damper on a newly opened Tokyo sauna that caters to solo customers. The Finnish-style sauna rooms at Solo Sauna Tune, where customers can relax in solitude and enjoy the heat from water over hot stones, are so popular they are booked up within hours. Time is… Source link

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Google Stadia expands to eight more European countries, just in time for Cyberpunk 2077

Google Stadia is expanding internationally, adding eight more countries in Europe today. The new markets include Austria, Czechia, Hungary, Poland, Portugal, Romania, Slovakia, and Switzerland, bringing the total number of countries the cloud gaming service supports from 14 to 22. The service should be available in the newly added locations within the next 24 hours, and Google says you just need a Gmail address to sign up. Stadia just celebrated its anniversary last month with a slew of… Source link

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AstraZeneca/Oxford vaccine news boost European stocks

Bloomberg China to Take Oil-Refining Crown Held by U.S. Since 19th Century (Bloomberg) — Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to turn a wide range of crude oils into high-value fuels. Yet Shell, the world’s third-biggest oil major, wanted to radically reduce refining capacity and couldn’t… Source link

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France’s OVH partners with Google for European cloud computing push

FILE PHOTO: Visitors stand at the French web-hosting and server provider OVH Group new headquarters in Paris, France, October 17, 2018. Picture taken October 17, 2018. REUTERS/Charles Platiau PARIS (Reuters) – French technology firm OVH said on Tuesday it is partnering with Google to build up its capacities in cloud computing, leaning on the U.S. giant’s technology to speed up a push towards developing a European contender in the area. Amazon, Microsoft and Alphabet’s Google dominate the… Source link

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European stocks mixed; Paris hit by glitch

Major European stock markets were mixed Monday as a technical hiccup hit Paris and investors weighed the chances of a US stimulus package, dealers said. Following three hours of technical problems, Euronext said that it had annulled all trades after 5:30 pm  (1530 GMT), meaning the Paris benchmark CAC 40 index closed 0.14 percent higher, rather than 0.1 percent lower as originally calculated.  “Because of these issues, Euronext has decided to cancel all the trades that occurred after 5.30… Source link

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Madrid and Barca’s travails, Milan’s revival: European football talking points

The struggles of Barcelona and Real Madrid do not augur well ahead of the Clasico, while there are unfamiliar league leaders across Europe as Covid-19 brings more disruption. AFP Sport rounds up some of the main talking points from the action across the continent: – Wind of change? – There is a school of thought that this season represents the best chance in a long time for a surprise winner in some of Europe’s biggest leagues, given the disruption caused to the calendar by the coronavirus… Source link

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