30 November 2022
Chicago 12, Melborne City, USA
Business

Net migration to UK hits record high of 504,000

Net migration to the UK rose to a record high of more than half a million people in the year to June 2022, according to figures published by the Office for National Statistics on Thursday. The surge in long-term arrivals to the UK was driven by a post-pandemic rebound in international study and by inflows […]

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Business

BoE’s Ramsden favours more rate hikes, but sees potential for cuts By Reuters

© Reuters. Bank of England’s Deputy Governor for Markets and Banking Dave Ramsden attends the Monetary Policy Report News Conference at The Bank of England, in London, Britain November 3, 2022. REUTERS/Toby Melville/Pool By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes on Thursday, […]

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Business

Asia-Pacific markets mostly higher following two day up streak as Wall Street cheers Fed

Japan +0.98%. Japan preliminary November PMI, manufacturing plunges to contraction, services on the edge. China -0.14%. Hong Kong +0.72%. Australia +0.14%. India +0.49%. Overnight on Wall Street, the major US indices stocks closed higher for a second day on hopes the central bank is seeing progress in its tight to tackle high inflation. The Dow […]

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Business

Short seller expects nearly 40% collapse in share price

There’s more pain to come for investors in British grocery technology company Ocado , according to short seller Chris Dale. The chief investment officer at Kintbury Capital expects Ocado’s shares to fall a further 45% from Wednesday’s close of £6.60 down to about £3.75 ($4.52) a share. Short sellers profit when stocks fall. They borrow […]

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Business

Stores Open, Closed on Thanksgiving 2022: Grocery Stores, Retailers, Walmart, Target and More

The pandemic had one upside for retail workers: The days of every store kicking off their Black Friday sales bonanzas before the table was cleared of Thanksgiving dinner dishes are now drastically reduced. Realizing (or being forced by their workforce to realize) that family was more important than profits, several retailers reversed previous policies. And […]

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Business

Twin bomb blasts in Jerusalem kill teenager and injure at least 15

Twin bomb blasts hit bus stations in Jerusalem on Wednesday morning, killing a 16-year-old and injuring at least 15 others, in what Israeli police said they suspected was a co-ordinated terror attack. The detonations, which took place during the morning rush hour, are the first bombings in Jerusalem for several years and come at a […]

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Business

European shares hold near 3-month highs as business activity slowdown eases By Reuters

© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 22, 2022. REUTERS/Staff By Sruthi Shankar (Reuters) -European stocks were pinned near three-month highs on Wednesday as data showed a downturn in euro zone business activity eased slightly in November, while rallying commodity shares […]

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Business

Wednesday's economic calendar

Wednesday's economic calendar

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Business

Charts suggest a major buy opportunity for oil is coming

CNBC’s Jim Cramer said Tuesday that investors should gear up to buy oil next month, relying on charts analysis from Carley Garner. “She thinks there could be one last washout from this week, possibly early through December, and that washout could take crude down to the low $70s, or even the mid-$60s. Once we get […]

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Business

The famous ‘Goonies’ mansion in Oregon is going on sale for $1.7 million

Good news for fans of “The Goonies:” the old Victorian home featured in the film is on sale in Astoria, Oregon, and potential buyers are considering making it more accessible to the public. “We have a few interested parties right now,” said realtor Jordan Miller, the listing agent for the property. “It seems to be […]

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