Rachel Reeves’s feared inheritance tax (IHT) raid has triggered a surge in investors racing to sell funds which own UK companies listed on the stock market. Investors pulled nearly £300m from funds specialising in small UK companies last month – almost a four-fold increase on the £80m withdrawn in August, according to Morningstar Direct. Mid-sized UK stocks also suffered from Budget uncertainty.

In a corner of the credit market that regulators last year characterized as a potential hot-bed of greenwashing, there are signs that bankers have been cracking down on corporate pitches. Paul O’Connor, head of EMEA sustainable finance, debt capital markets at JPMorgan Chase & Co., says corporate clients are now taking the time to “properly” put together their pitches.

French IT consulting group Capgemini cut its 2024 revenue target for the second time this year on Wednesday, after continued weakness in some of its markets, especially manufacturing, hit its third-quarter sales. The group, which offers services ranging from cloud and AI to enterprise management across a wide array of industries, had in July forecast a surprise fall in its annual revenue.

An emerging ESG debt market that’s been embraced by bankers at JPMorgan Chase & Co. and Bank of America Corp. is about to see its pipeline get a meaningful boost, thanks to an agreement struck in Colombia. The market for so-called debt-for-nature swaps is set to benefit from a plan by six nonprofits to construct a shared pipeline of deals that will be shaped by common standards.

French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3% for third quarter gross domestic product (GDP) growth.

Amid a chaotic stretch of news, Wall Street strategists are reminding investors that corporate profits remain paramount to the stock market rally. Yardeni Research chief markets strategist Eric Wallerstein told Yahoo Finance that earnings will likely "be in the driver's seat," barring any unexpected changes to the economic narrative.

Raising the minimum wage is up for a vote in this election year. Not only has Democratic presidential nominee Kamala Harris vows to raise the federal minimum wage to at least $15 an hour, but experts say it's no longer enough to meet basic needs, with the living wage estimated to be around $21-23 per hour, even in the most affordable areas.

📌Crude oil prices are caught in a whirlwind, as fresh geopolitical tensions and OPEC+ friction set the stage for potential volatility. 📌Key support and resistance levels may guide near-term trading strategies amid shifting supply risks. 📌Staying nimble could prove essential as fresh headlines from the Middle East and OPEC+ loom large.

Albilad CSOP MSCI Hong Kong China Equity ETF (Albilad ETF), the first index fund tracking Hong Kong stocks in Saudi Arabia, made a winning debut in a milestone listing that opens the door for Middle Eastern investors to trade Hong Kong stocks. The ETF rose 0.002 per cent to 10.02 Saudi riyals per unit in early trading on the Saudi Stock Exchange (Tadawul).

UK-based asset manager Intermediate Capital Group (ICG) has partnered with ST International (STI), a South Korean energy company, to acquire a 50% interest in Revent Energy, with STI retaining the remaining 50%. The collaboration between ICG and STI will bolster Revent Energy's expansion plans. The onshore wind project developer's strategy includes the acquisition, development, construction.

U.S. stock index futures rose on Wednesday, as Alphabet's strong quarterly results buoyed sentiment around technology megacaps, while investors also awaited crucial data to gauge the strength of the economy and the labor market. Shares of Alphabet, the first of the five "Magnificent Seven" megacap stocks due to report results this week, leapt 5.5% in premarket trading.

The economy continues to chug along, and this week's batch of economic data — GDP, JOLTs, the Fed's preferred inflation gauge, and a jobs report — is expected to provide evidence that the soft landing is here. But it hardly feels like a landing. There's too much going on, from Big Tech earnings and crazy weather effects on data to an impending election.

As interest rates begin to fall following the Fed’s recent rate cut, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your balance, but may also include a debit card and/or check-writing capabilities.

Sharekhan's research report on Bharti Airtel. Consolidated revenue stood at Rs 41,473 crore, up 7.7% q-o-q/ 12% y-o-y , marginally beating our estimates of Rs 41,375 crore. Consolidated EBITDA margin stood at 52.7%, rising 150 bps q-o-q, but missed our estimates of 54.3%. Reported ARPU for India wireless business stood at Rs.233, up 10.4% q-o-q/ 14.8% y-o-y.

Dabur India Ltd Q2 FY25 net profit fell 17 percent on-year to Rs 425 crore, in line with the Street expectations. A Moneycontrol poll of brokerage estimates had pegged Dabur India's second quarter net profit at Rs 425 crore. The FMCG major's July-September revenue fell 5 percent to Rs 3,029 crore, coming in line with the poll estimate of Rs 3,076 crore.