Gold Declines while Chinese Defence Companies Outperform

Trump victory hands hedge funds $1.2bn win from bet against renewables

Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaks

World - Financial Times - 3 hours ago

Switzerland’s wealth managers bank on a future in Asia

Hong Kong and Singapore are the world’s rising wealth centres

World - Financial Times - October 16

Givan criticised for LCC meeting while declining 205 others

The Education Minister Paul Givan has declined 205 meetings since taking office.

Luxury, defence and construction companies hit by French tax hike

Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reforms

Business - Financial Times - October 27

Wilyer Abreu joins impressive Red Sox company with first Gold Glove

Wilyer Abreu capped an impressive rookie campaign with a well-deserved Gold Glove. John Tomase puts the young Red Sox star's recognition into context.

Sports - Yahoo Sports - 3 days ago

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch

Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

Business - CNBC - October 23

Chinese EV and self-driving tech companies turn to IPOs for cash

Funding has been drying up for car start-ups in fiercely competitive domestic market

World - Financial Times - October 24

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Business - CNBC - October 31

Rubio says Chinese hacking of U.S. telecom companies is a "very serious situation"

Sen. Marco Rubio, who is on the Senate Intelligence Committee, said Sunday that as "time goes on, we're going to learn more" about Chinese hacking of U.S. telecom companies.

While the world’s eyes were elsewhere, Netanyahu fired his defence minister – the consequences will be huge | Alon Pinkas

The PM gambled that he could get away with sacking Yoav Gallant during the US election, but Israelis are angry; he may have miscalculated. In the middle of a 13-months-long, two-theatre war in Gaza ...

World - The Guardian - Yesterday

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline

The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.

Business - MarketWatch - October 19

Nvidia has offset all 128 of the S&P 500 companies that have declined this year, twice over

Nvidia through Thursday had added $2.2 trillion in market value this year, in a year in which the S&P 500’s value has climbed by $9.3 trillion.

Business - MarketWatch - October 25

Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO

Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.

Tech - The Wall Street Journal - October 15

Sen. Marco Rubio says Chinese hacking of U.S. telecom companies is "very serious"

Republican Sen. Marco Rubio, who is on the Senate Intelligence Committee, tells "Face the Nation with Margaret Brennan" that as "time goes on, we're going to learn more" about Chinese hacking of ...

CVS cuts outlook yet again — while swapping out CEO for a company veteran

“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.

Business - MarketWatch - October 18

New Boeing CEO to give clues on company's future, while striking workers vote on new contract

Boeing's CEO Kelly Ortberg faces investors for first time at the helm of the troubled manufacturer.

Business - CNBC - October 22

New Boeing CEO to give clues on company's future, while striking workers vote on new contract

Boeing has already braced investors for a rough quarterly report.

Perplexity Dove Into Real-Time Election Tracking While Other AI Companies Held Back

The controversial AI search engine, accused of aggressively scraping content, went all in on providing AI-generated election information.

Tech - Wired - Yesterday

Markets are increasingly reflecting U.S. outperformance — but now there’s a jinx

Markets are increasingly pricing in a scenario of U.S. exceptionalism.

Business - MarketWatch - October 21

Hermes outperforms rivals as sales climb in the third quarter

Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.

Business - MarketWatch - October 24

Physical gold vs. digital gold: What to know

There are pros and cons to both types of gold assets — especially in today's unusual economic climate.

Will the price of gold fall this November?

The price of gold has broken multiple records so far in 2024. But will it fall this November? Here's what to consider.

Flood defences 'in worst state on record'

The floods minister says she will spend millions on repairs, as victims tell of a "national crisis".

Governments should crowdsource defence innovation

Bright ideas are not the monopoly of those holding jobs in national security

World - Financial Times - October 23

These 5 portfolio stocks outperformed the market's incredible run since our September Monthly Meeting

The S&P 500 and Dow Jones Industrial Average hit records as investors celebrate the Federal Reserve's pivot to its rate-cutting era.

Business - CNBC - October 16

NFL midseason grades: Chiefs receive highest marks in AFC West that's outperforming expectations

Here's how the Chiefs, Chargers, Broncos and Raiders are grading out at the halfway point.

Sports - Yahoo Sports - Yesterday

There are no easy answers to the decline of UK’s Aim

Number of companies listed on the junior stock market is barely over 700

Business - Financial Times - October 17

Should beginners invest in gold this November?

There are lots of good reasons for new investors to consider buying gold this November. Here's what to know.

Israel races to supply anti-missile shield

Intense war demands have left the IDF relying on the US to fill gaps in air defences

Business - Financial Times - October 15

FirstFT: Israel grapples with shortage of air defence missiles

Also in today’s newsletter, Nvidia share price hits new record and tensions rise on the Korean peninsula

World - Financial Times - October 15

UK and Germany to sign 'landmark' defence agreement

The deal will see both countries work together to develop new long-range missiles and drones.

Netanyahu fires Israel’s defence minister Gallant

Prime minister said ‘significant gaps’ had emerged over the management of the war

Business - Financial Times - 2 days ago

Protests erupt in Israel after Netanyahu fires defence minister

Benjamin Netanyahu says there is a "crisis of trust" between him and Yoav Gallant, and replaces him with Israel Katz.

Israel PM Netanyahu fires defence minister Gallant

World - Yahoo News - 2 days ago

Gold Declines while Chinese Defence Companies Outperform

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