Hahn says investors will need to stick to companies with proven track records in good and bad times.
He favors tech giants like Microsoft.
With many more customers now opting for online fashion shopping instead of the high street, Andrew Woods investigates whether ASOS or boohoo is a better growth stock for his portfolio. The post ASOS or boohoo – which is a better growth stock? appeared first on The Motley Fool UK.
Our writer explains why he reckons this UK share could perform well in future and what makes him consider adding it to his ISA. The post 1 UK share I’d buy in my ISA for 2022 appeared first on The Motley Fool UK.
Shares in wind turbine maker Siemens Gamesa tumbled on Friday after it cut its financial outlook for the third time in nine months, dragging down the market value of its rivals as well as German parent Siemens Energy. Siemens Gamesa shares slumped as much as 16.2% to their lowest since July 2020, while Siemens Energy fell as much 17.4%, its biggest intraday loss ever, wiping out 4.6 billion euros ($5.2 billion) in market value between them. Profit margins at wind turbine makers have been squeezed by a surge in costs for vital materials such as steel, forcing companies such as Siemens Gamesa and Danish rival Vestas to increase their prices.
Germany imported 7% less natural gas in the period from January to November 2021 than a year earlier, but its bill rose 78.5% as prices surged, official data from trade statistics office BAFA showed. However, there is concern over when flows will arrive through the new Nord Stream 2 pipeline from Russia, and about escalating tensions on the Russia/Ukraine border, which could disrupt or curtail shipments. BAFA's monthly figures showed Germany's imports in the first eleven months of last year totalled 4.546 million terajoules (TJ), equivalent to 129.3 billion cubic metres (bcm), compared with 4.888 million TJ a year earlier.
Customers who left Virgin Media broadband packages saved over £190 a year.
I'm thinking of adding these penny stocks to my portfolio today. Here's why I think they could help me make a pot of cash. The post 2 penny stocks to buy right now appeared first on The Motley Fool UK.
Tigo Business - Courtesy picture Tigo Business - Courtesy picture Tigo Business announces its Cloud Center of Excellence (CCoE) in collaboration with Microsoft to accelerate cloud adoption With a trained team of expert engineers with more than 1,200 Cloud and Cybersecurity certifications, the Cloud Center of Excellence will provide support and advice in the development of solutions based on the Microsoft Azure cloud and will guide Guatemalan companies towards a model digital acceleration. Luxemb
The long-term underpayment of thousands of state pensioners is a “shameful shambles”, according to the Public Accounts Committee
Most will end up paying an extra £3.50 a month – or £42 annually – on average for phone and broadband bills.
Peloton confirmed it was considering job cuts as its chief executive denied the company was halting production of its pricey bikes and treadmills.
BERLIN (Reuters) -The German government will cut its economic growth forecast for this year to 3.6% from its October estimate of 4.1%, according to a draft of the annual economic report seen by Reuters on Friday. The coalition government of Social Democrats, Greens and Liberals, in power since December, expects the pandemic to further strain businesses and supply bottlenecks for products such as semiconductors to persist, further limiting companies' growth, according to the draft. Most economists expect Europe's largest economy to shrink again in the first three months of 2022 after a fourth-quarter contraction, driving it into another technical recession, defined as two consecutive quarters of declining output.
Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said. In recent weeks, Secretary of State at the Department of Business, Energy and Industrial Strategy Kwasi Kwarteng has repeatedly highlighted the importance of the North Sea oil and gas industry despite climate activists pressing Britain to reduce its dependency on fossil fuels. The UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) in October rejected on environmental grounds the development plan for the Jackdaw field, which has reserves of between 120-250 million barrels of oil equivalent.
Influential British fund manager Terry Smith attacked Unilever's failed 50 billion pound ($68.2 billion) bid for GSK's Consumer Health assets as a "near death experience" and urged Unilever management to focus on strengthening performance. In a letter to investors of his Fundsmith vehicle, now the 13th biggest Unilever shareholder, Smith criticized Unilever for failing to openly communicate the benefits of the deal and its "penchant for corporate gobbledegook as substitute for effective action."
Czech businessman Karel Komarek's European lottery group Allwyn Entertainment will list on the New York Stock Exchange in combination with blank check acquisition company Cohn Robbins Holdings Corp, the companies said on Friday. The transaction will put the combined firm's enterprise value at approximately $9.3 billion, they said in a statement. Allwyn, known as Sazka Entertainment until last year, operates lotteries in the Czech Republic, Italy, Austria, Greece and Cyprus.
Activision Blizzard employees form first of its kind Game Workers Alliance Union. The announcement, in an industry where unions are rare, came on the heels of Microsoft’s acquisition of the company
One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."
ROME (Reuters) -Italy approved a set of new measures on Friday designed to curb surging energy bills and help companies cope with the latest wave of coronavirus infections. The scheme, funded by a series of compensatory measures, will not weigh on the public deficit which the Treasury is keen to reduce to 5.6% of growth this year from 9.4% in 2021. Soaring energy prices, triggered by heavy demand for gas as economies look to emerge from the health pandemic, have prompted governments across Europe to introduce measures to try to shield consumers.
British retail sales suffered a record drop in December as consumers shunned the high street due to Omicron concerns, having snapped up Christmas purchases the previous month, data showed Friday.
Electric vehicle (EV) battery startup Britishvolt has secured UK government backing for a battery plant in northern England, enabling 1.7 billion pounds ($2.31 billion) in private funding and boosting national efforts to build zero-emission cars. Logistics real estate investor Tritax and investment firm abrdn plc will provide the private funding for a 30 gigawatt-hour (GWh) plant in Blyth, Britishvolt said on Friday. The government will deliver its finances through its Automotive Transformation Fund.
Unruly, maskless passenger forces London-bound flight to return to Miami. About 500 miles into the journey, the flight had to turn back as the customer refused to comply with the federal mask mandate
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