Outperforming asset manager picks the stocks set to win as margins get squeezed
Plurimi Wealth’s Patrick Armstrong believes margin squeeze is the “biggest risk” for equities — but some stocks could beat the trend.
Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years; U.S. markets closed
Shares in the Asia-Pacific traded mixed on Friday while U.S. markets were closed for the Thanksgiving holiday.
Saudi Arabia wants its investors to own Manchester United and Liverpool
Sports minister Prince Abdulaziz bin Turki Al-Faisal revealed the country’s latest sporting ambitions in an interview with Sky News.
UBS says recession in 2023 will be an inch deep but a mile wide — and that’s not priced into stocks
The chief strategist of UBS Investment Bank names the sectors he expects to outperform next year.
U.S. shoppers alone in boosting Black Friday spend as cost-of-living crisis hits Europe
Bargain-hunting shoppers will be expecting retailers to cut prices by a greater margin this year as they tighten their belts amid a worsening cost-of-living crisis.
Elon Musk says Twitter is granting ‘amnesty’ to suspended accounts
Elon Musk said Thursday that he is granting “amnesty” for suspended Twitter accounts, which online safety experts say will spur harassment and misinformation.
Berlin airport reopens runways after climate protest
Activists closed takeoff and landing runways due to unauthorized access of several people.
Binance deploys $1 billion to keep crypto industry afloat after FTX collapse
Binance said it may increase that amount to $2 billion at a point in time in the future “if the need arises.”
CEO of $4.5 billion tech firm slams his peers over layoffs: ‘These are humans’
The boss of European digital insurance startup Wefox decried how tech companies have laid off workers en masse.
German property market will slow — but no significant correction ahead, central bank says
Claudia Buch, vice president of the Bundesbank, told CNBC there had not been a reversal of the “overall dynamic” in the housing market.
