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European share markets in green ahead of US Fed meet: FTSE 100, CAC 40 inch up

European stocks edged slightly higher on Wednesday as investors awaited key monetary policy decisions from the Federal Reserve and the Bank of…
Economy

German center-right CDU/CSU leads in current election polls

Investing.com — In Germany, the latest opinion polls reveal that the center-right CDU/CSU, led by Friedrich Merz, is currently leading in the…
Economy

Analysis-Macro a must-have for hedge fund investors betting on 2025 market swings

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Next (LON:NXT) year’s top pick for hedge fund strategies is so-called…
Economy

Powell has a long to-do list for his last full year as Fed chief

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will…
Economy

Fed looks set to tweak reverse repo rate to speed exit of cash

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash…
Economy

Oman’s Investment Authority acquires stake in Elon Musk’s XAI company, state news says

DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk,…
Stock

Instagram to account for half of Meta’s US ad revenue by 2025

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future,…
Stock

Siemens to sell $2.6 billion stake in Siemens Energy to fund Altair acquisition

Investing.com — Siemens AG (OTC:SIEGY) intends to sell a $2.6 billion stake in Siemens Energy AG (ETR:ENR1n) in the forthcoming months. The…
Stock

Instagram set to account for half of Meta’s US ad revenue

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States,…
Stock

UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
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