Things Are Quiet in Consumer Credit. Too Quiet.
Credit-card delinquencies seem to have peaked, for now. Source link
Credit-card delinquencies seem to have peaked, for now. Source link
BERLIN (Reuters) -Rheinmetall aims for 20 billion euros ($21.08 billion) in sales for 2027, boosted by increased defence spending by EU and NATO country leaders in response to the Ukraine war, the German defence group said in a Capital Markets Day presentation. There is also potential for an 18% operating margin for 2027, said the company on Tuesday, singling out increased market potential by its entry in the United States
Comex gold futures were looking to resume their uptrend after establishing an interim base on the daily chart on Monday, RHB Retail Research said. Source link
(Reuters) – Europe’s main stock index rose on Tuesday, boosted by strength in shares of miners and a rebound in real estate stocks, with ongoing corporate earnings, economic data and global monetary policy outlook set to further shape market sentiment. The pan-European was up 0.4% as of 0810 GMT, with basic resources leading the sectoral charge with a 1% rise. The real estate sector also climbed 0.8%, after dropping nearly
Sweden’s National Debt Office might increase the issuance target of nominal government bonds at the next borrowing review on Nov. 28, Swedbank said. Source link
VEVEY (Reuters) -Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone global unit, and implement other changes to drive growth under new chief Laurent Freixe, the company said on Tuesday. The Swiss food giant aims to achieve cost savings of at least 2.5 billion Swiss francs ($2.83 billion) by 2027, in addition to ongoing savings of around 1.2 billion Swiss
The MAGA surrogate and powerful adviser to the president-elect is joining venture-capital firm 1789 to invest in companies espousing conservative values, bringing new attention to a financial movement that hasn’t taken off. Source link
(Reuters) – Australia’s Sayona said on Tuesday it is buying U.S.-based Piedmont Lithium in a deal that will consolidate their Canadian operations while shoring up exposure to the North American electric vehicle industry, including Piedmont customer Tesla (NASDAQ:). Source link
Chinese stocks are in for another volatile year as markets weigh the impact of Beijing’s seesawing stimulus against the potential threat posed by U.S. trade policy. Source link
HONG KONG (Reuters) – Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration. “Given where we are at the moment, … you’re starting to unleash some of those animal spirits, and you’re seeing a pick-up in equity activity, pick-up in M&A activity,” Solomon said at the Global Financial Leaders Investment Summit hosted