Golden Financier – Page 54 – Investing and Stock News

Stock

Sotheby’s to launch first Abu Dhabi auction with $30M luxury assets

Bloomberg reports, Sotheby’s will stage its first-ever auction series in Abu Dhabi this December, a move that reflects the emirate’s growing ambition to become a hub for art, culture, and…

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Stock

Pernod Ricard shares climb as sales, profit beat forecasts: will the rally sustain?

Shares in French spirits group Pernod Ricard rose by more than 5.7% on Thursday after the company reported a smaller-than-expected fall in annual sales and profit, while offering guidance that…

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Stock

Tesla sales in Europe fall 40% as BYD registrations surge 225%

Tesla’s presence in the European electric vehicle market weakened further in July, with sales declining for the seventh consecutive month. According to new data released by the European Automobile Manufacturers…

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Stock

Berkshire Hathaway lifts Mitsubishi stake above 10% in latest Japan market push

Warren Buffett’s Berkshire Hathaway has increased its stake in Japan’s Mitsubishi Corp to 10.23%, crossing a symbolic ownership threshold and deepening the conglomerate’s presence in the Japanese trading house sector.…

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Investing

Okta stock price forecast after earnings: will the gains hold?

The Okta stock price rose in extended hours after the cybersecurity company published strong results and upgraded its outlook, noting that the macro conditions were better than expected. It jumped…

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Economy

Why are cocoa prices falling sharply as market approaches year’s low

On Friday, the price of cocoa on the Intercontinental Exchange (ICE) in New York experienced a significant drop, falling below the $7,500 per ton threshold. This decline brings the commodity’s price…

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Economy

An inflation ambush: Australia’s 2.8% price spike shatters rate-cut hopes

A brutal inflation surprise has sent a jolt through the Australian economy, as consumer prices jumped far more than expected in July, dealing a significant blow to hopes for another…

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Economy

How Trump’s crushing 50% tariff is upending a decades-long alliance with India

In a stunning and punitive move, President Donald Trump has brought down a crushing 50 percent tariff on Indian goods, a direct punishment for the country’s continued purchase of Russian…

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Economy

UK energy bills to rise 2% in October as debts hit record £4 billion

UK households are bracing for higher energy costs from October, as the national price cap is set to rise by 2%. Ofgem, the energy regulator, confirmed that the cap will…

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Economy

Zinc prices rally on US rate cut hopes, despite supply oversupply

Zinc prices surged above the $2,800 per ton threshold on Friday, buoyed by hopes of an early US interest rate cut following the Federal Reserve Chairman Powell’s speech. However, the sustainability…

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