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Central Europe’s banks can withstand car sector turmoil, S&P says

By Gergely Szakacs BUDAPEST (Reuters) – Turmoil in Europe’s car sector could hit the central European economy and hurt banks’ asset quality, S&P Global said on Tuesday, although it added…

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Persimmon beats expectations, shares rise

Investing.com — Shares of Persimmon (LON:PSN) jumped over 5% on Tuesday after it reported a 7% increase in home completions for 2024, surpassing market expectations. The UK-based housebuilder delivered 10,664…

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Carmakers sold over 17 million fully electric and plug-in hybrid vehicles in 2024- report

Investing.com — Global sales of fully electric and plug-in hybrid vehicles increased by a quarter in 2024, reaching over 17 million cars. This rise was supported by a fourth consecutive…

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Lindt shares tick higher after chocolate maker lifts 2024 margin forecast

Investing.com – Shares in Lindt & Spruengli (SIX:LISN) rose in early European trading on Tuesday after the chocolate maker hiked its 2024 margin forecast. In an ad hoc announcement on Tuesday, the…

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UniCredit CEO sees Credit Agricole’s decision on Amundi deal by May, paper says

MILAN (Reuters) -Credit Agricole should decide by May whether it wants UniCredit to extend a contract it has with the French bank’s fund manager Amundi, an Italian daily reported citing…

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Analyst explains why Palantir stock may underperform in 2025

Investing.com — Palantir stock may face more downside in 2025 amid multiple compression risks, Jefferies analysts said Monday. The company’s shares have declined by 15% year-to-date (YTD), yet the stock…

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Smiths Group elevates Fagge to CFO, raises FY25 growth targets

Investing.com — Smiths Group (OTC:SMGZY) said in a stock exchange filing on Tuesday that Clare Scherrer will retire as Chief Financial Officer, effective January 31. Scherrer, who has been in…

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Is there a good reason to buy Cathie Wood’s ARKK ETF?

The ARK Innovation ETF (ARKK) stock continued its underperformance in 2024, returning just 8%. In contrast, the Nasdaq 100 and the S&P 500 indices returned 25% and 24%, respectively. The…

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Jeff Bezos bullish on space industry’s future under Trump administration

Jeff Bezos, the founder and executive chairman of Amazon, expressed optimism about the future of his space exploration company, Blue Origin, under the incoming administration of US President-elect Donald Trump.…

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Asian stocks slip sharply after strong US jobs data: Hang Seng dips below 19,000

Asian markets opened the week on a cautious note, as stronger-than-expected US payroll data dampened hopes for early Federal Reserve rate cuts. The robust labour market report pushed bond yields…

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