Wealth comes from investing in businesses, Agriculture Minister Francesco Lollobrigida said on the occasion of the Salon International de l’Alimentation (SIAL) scheduled in Paris until October 23. “Wealth is not created in a lab nor with decrees, it is created by investing in companies”, said Lollobrigida. “Stronger entrepreneurs” lead to “more jobs, more economic growth, more fairness”, he noted. “This is the objective of the government” of Premier Giorgia Meloni, explained the agriculture minister. “The ability of our entrepreneurs is unique”, stressed the minister. “We have 3,000 years of different contaminations that formed what is…
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Image source: The Motley Fool As investors in the 2020s can we still learn from the techniques of Warren Buffett? After all, he is a billionaire but a lot of the approach he takes to investing was forged in the 1960s, 1950s, or even earlier. In fact, I think Buffett’s approach is just as relevant today as ever. Plus, the Sage of Omaha has lived through multiple stock market booms – and crashes. That sort of experience could be invaluable as I try to navigate the stock market in uncertain times. Here are a few of the elements of Warren…
Capital markets in Hong Kong SAR are buzzing with activity in 2024. Mainland China’s largest freshly made bubble tea chain, Mixue Bingcheng, applied for an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX) and is looking to raise US$500 million to US$1 billion. Mainland China internet giant Alibaba Group continues to list its smart logistics arm Cainiao on the HKEX. This is the first spin-off listing totaling more than US$1 billion since August 2022 and could be among the hottest IPOs in Asia this year, according to Bloomberg. In fact, Alibaba Group is neither the first nor…
By dismantling the federal protections for abortion established by Roe v. Wade, the 2022 Dobbs decision has paved the way for states to impose their own restrictive laws. This has resulted in significant barriers to abortion access, especially in conservative states, with nearly 1 in 3 women of reproductive age – about 21.5 million people – now living in states that either totally ban abortion or heavily restrict it after six weeks. Women in these areas face increased travel distances, higher costs, and logistical challenges, disproportionately affecting low-income women and women of color, exacerbating existing health disparities and leading to…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with:I have never been one to have a cluttered desk at work.To me, everything has a place. Awesome desk organization, awesome outcomes, is how my head works.But I broke this rule slightly by the close of trading on Friday. Going forward, I will have a paper cutout of Nvidia (NVDA) CEO Jensen Huang in his trademark leather jacket thumbtacked to the wallboard (see pic below). And I’ll tell you why.For one full day this week I forgot to check…
Odds of a “no landing” scenario for the economy are rising amid continued strong economic data.This scenario is bullish for stocks, even if it means slower rate cuts.High dividend-yielding sectors will benefit as short-term rates fall first. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. As Wall Street engaged in a forecasting tug-of-war over…
Yes, investors can invest in AI without taking on significant risks. Investing in artificial intelligence (AI) can pose a notable challenge for some investors. Many potential shareholders might have too much of an aversion to risk buying individual stocks. Others more tolerant of risk might be leery of an Nvidia after a massive run-up or hesitant to buy a stock like Super Micro Computer, which delayed filing a report to the SEC. Fortunately, such investors can turn to exchange-traded funds (ETF), which invest in a basket of stocks matching certain criteria and are managed by professionals. When it comes to…
Stocks secured their sixth straight week of wins on Friday as strong earnings from Netflix (NFLX) boosted the overall tech sector. The attention now turns to other Magnificent Seven names, with EV maker Tesla (TSLA) set to report quarterly results on Wednesday.The Dow Jones Industrial Average (^DJI) led markets higher, up about 1% over the past week. The benchmark S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) followed, each securing weekly gains of around 0.9% and 0.8% respectively.Both the Dow Jones and S&P 500 reached all-time highs throughout the course of the week as well.Meanwhile, the rotation out of megacap…
A view of damaged buildings following Israeli attacks on Laylaki and Haret Hireyk neighborhood of Dahieh region in Beirut, Lebanon on October 1, 2024. Houssam Shbaro | Anadolu | Getty ImagesIsrael struck what it said were Hezbollah arms facilities in southern Beirut on Saturday after the Lebanese armed group fired rockets into northern Israel and a spokesman said a drone was launched at Prime Minister Benjamin Netanyahu’s holiday home.Netanyahu was not there at the time, and it was not immediately clear if the building was hit. But he described it as an assassination attempt by “Iran’s proxy Hezbollah” and called it…
By Nidal al-Mughrabi CAIRO (Reuters) – A total of 87 people were killed or missing under the rubble after an Israeli attack on Saturday on northern Gaza’s town of Beit Lahiya, with more than 40 wounded, the Palestinian enclave’s health ministry said on Sunday. The Israeli military has said it was investigating reports of the incident, which left one of the highest casualty tolls in months. Earlier, it said a total of 73 reported by the Hamas media office appeared exaggerated given the nature of the munitions used in the strike, which it said hit a Hamas target. Gaza’s health…