(Reuters) – U.S. steelmaker Nucor forecast fourth-quarter profit below Wall Street estimates on Monday, citing a slump in earnings in their steel mills segment caused by decreased volumes and lower average selling prices. The company expects fourth-quarter earnings to be in a range of $0.55 to $0.65 per diluted share, lower than analysts’ estimates of …
Nucor forecasts lower-than-expected fourth-quarter profit Read More »
BERLIN (Reuters) – German Defence Minister Boris Pistorius said on Monday his country would likely play a role in securing a future ceasefire deal between Russia and Ukraine but that it was far too early to tell what a peacekeeping force might look like. Speculation that Europe could put boots on the ground in Ukraine …
Berlin eyes role in Ukraine peace deal but says too early for decisions Read More »
(Reuters) – Russia’s Foreign Ministry said on Monday it was up to Syrians to determine their own future and called for an “inclusive” government taking account of the country’s diverse ethnic and religious interests. A ministry statement said Moscow was closely watching the situation more than a week after the fall of President Bashar al-Assad, …
Russia says Syrians must decide future of their country Read More »
By Medha Singh (Reuters) -MicroStrategy shares briefly surged on Monday before faltering to end nearly unchanged, after the software company and bitcoin stockpiler was selected to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock. The $25.7 trillion index that houses the largest non-financial companies will now gain indirect exposure to …
Bitcoin buyer MicroStrategy ends flat after getting Nasdaq 100 nod Read More »
By Virginia Furness LONDON (Reuters) – Green bond funds in the European Union are free to continue investing in bonds sold by big polluters such as power and energy companies, after the securities watchdog introduced allowances to its new fund naming guidelines. The European Securities and Markets Authority (ESMA) on Friday clarified fund managers could …
EU watchdog frees green bonds from fund naming rules Read More »
By Kevin Buckland and Ankur Banerjee (Reuters) -Bitcoin’s record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Investor sentiment also got a lift from the inclusion of MicroStrategy into the tech-heavy …
Bitcoin rallies past $107,000, hopes grow for strategic reserve Read More »
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday that it had settled charges with Becton Dickinson and Co. (BD) over allegations it misled investors about risks associated with its Alaris infusion pump. The SEC said Becton Dickinson agreed to pay a $175 million civil penalty to settle the charges, which also …
Becton Dickinson settles charges over infusion pump risks, SEC says Read More »
By Stephen Culp NEW YORK (Reuters) – Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused and investors readied for a busy central bank week. Bitcoin surged, touching a new high after U.S. President-elect Donald Trump suggested he plans to set up a bitcoin …
US stocks end higher ahead of Fed, bitcoin surges Read More »
By Chibuike Oguh and Greta Rosen Fondahn NEW YORK/GDANSK (Reuters) -The U.S. dollar edged higher against major currencies in choppy trading on Monday, as investors eyed interest rate decisions from the Federal Reserve, Bank of Japan, Bank of England and other key central banks this week. Markets are pricing in a near 97% chance that …
Dollar edges higher against major peers as investors eye Fed rate cut Read More »
By Luciana Magalhaes and Paula Laier SAO PAULO (Reuters) – Brazilian investor Nelson Tanure has initiated preliminary discussions with French retailer Casino,about buying at least part of its shares in supermarket operator GPA,, according to a source familiar with the matter, potentially adding to a stake amassed by funds allied to Tanure in recent days. …
