US stock futures nudged slightly higher on Thursday as investors waited for a Jerome Powell speech to set the tone for interest-rate cuts and assessed the impact of a Republican sweep of political power. Dow Jones Industrial Average futures (YM=F) ticked up 0.2%, while S&P 500 futures (ES=F) edged 0.1% higher. Contracts on the Nasdaq 100 (NQ=F) were little changed, coming off a mixed day for the three major gauges. Though the mood is muted, stocks are still riding high near records after the latest consumer inflation data kept hopes for a December rate cut aloft. Readings on wholesale inflation…
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STOCKHOLM, Nov. 14, 2024 /PRNewswire/ — Tom Johnstone declines re-election as Chair of the Board of Husqvarna AB. He will remain as Board Chair until the next Annual General Meeting, to be held on April 29, 2025. The Nomination Committee intends to propose the election of Torbjörn Lööf as new Chair of the Husqvarna AB Board. Tom Johnstone has served as the Chair of the Board of Husqvarna AB since 2015 and has been a member of the Board since 2006. Torbjörn Lööf has been part of Husqvarna’s Board of Directors since 2023 and was elected Deputy Chair of…
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Climate negotiators secured a win on the first day of the COP29 summit in Baku, Azerbaijan by reaching consensus on a set of standards to boost the global carbon market and enhance the integrity of carbon crediting projects. The standards, which fall under Article 6.4 of the Paris Agreement, were approved Monday. Yalchin Rafiyev, COP29’s lead negotiator, called the standards a “critical step” toward future climate discussions at the summit this year. Article 6.4 — also known as the Paris…
Pedestrians walk past a Michael Kors store on August 10, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesCapri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal.The two U.S.-based luxury houses “mutually agreed” that terminating the merger was in their best interests as they were unlikely to get regulatory approval before the deal was set to expire in February, according to a news release.”With the termination of the merger agreement, we are now focusing on the future of Capri and our three iconic luxury houses,” Capri CEO Johh Idol said…
Palantir’s price has far exceeded every analyst’s target. There have been few better stocks to own over the past three months than Palantir (PLTR 1.42%). The stock more than doubled in that time, far outperforming both indexes and other market leaders. This performance can be traced to several events, notably Palantir’s inclusion in the S&P 500 in September and its blowout Q3 earnings. But the biggest reason why Palantir is soaring is that many artificial intelligence (AI) investors are flocking to what they see as the software version of Nvidia, which was the leader on the hardware side of AI…
The 2025 Volkswagen Passat is set to make a grand entrance into the midsize sedan market, continuing the legacy of one of Volkswagen’s most beloved models. With its ninth generation, the new Passat promises to blend innovative technology, refined design, and enhanced performance to offer a driving experience that stands out in its class. Building on the success of previous models, the 2025 Passat aims to fascinate both loyal customers and new buyers with its comprehensive range of features and improvements. 2025 Volkswagen Passat (Volkswagen) From its powerful engine options to its luxurious interior, the 2025 Passat is designed to…
Image source: Getty Images The Aviva (LSE: AV) share price has done what few other FTSE 100 financials have managed over the last year… put on a bit of a show. As somebody who holds Legal & General Group, M&G and Phoenix Group Holdings, I find this rather annoying. Their shares are all down since I bought them last year (although their bumper dividends compensate). Aviva’s the one that got away but even its shares have plateaued lately, along with the rest of the FTSE. Not today though. This FTSE 100 financial stock is beating its rivals They’ve jumped 4.66%…
(Bloomberg) — When Donald Trump first won the White House in 2016, his victory created one of the all-time best sales pitches for green-minded investment funds: If Washington wasn’t going to push for a transition to cleaner energy to slow climate change, maybe capital markets could. Most Read from Bloomberg Now, as Trump returns to power, the movement for environmental, social and governance investing, or ESG, is in a much weaker position after years of Republican backlash and a stretch of rough performance. “ESG is a dead man walking,” says Will Hild, who runs Consumers’ Research, a nonprofit backed by…
The 2025 Subaru Legacy is poised to redefine the midsize sedan segment with its blend of performance, cutting edge technology, and all weather capability. Building on Subaru’s reputation for reliability and safety, the 2025 Legacy introduces a host of updates that promise to enhance the driving experience. This model continues to offer the hallmark Subaru Symmetrical All Wheel Drive, ensuring superior traction and stability in various driving conditions. With a modernized exterior design, a more luxurious and tech savvy interior, and advanced driver assistance systems, the 2025 Legacy is set to appeal to both long time Subaru fans and new…
By Indradip Ghosh BENGALURU (Reuters) – The euro zone economy will be hit with tariffs from the incoming U.S. Trump administration early next year, according to a majority of economists polled by Reuters, all but ensuring a series of interest rate cuts from the European Central Bank. President-elect Donald Trump’s proposed across-the-board tariffs will have a significant effect on the euro zone economy over the coming two to three years, according to a strong majority of economists polled. They have also raised the risks of reflation in the U.S. “Many questions are unresolved, but for now the signs are for…