Hahn says investors will need to stick to companies with proven track records in good and bad times.
He favors tech giants like Microsoft.
China's central bank slashed key interest rates Monday in a bid to kick-start the country's stuttering economic recovery as data showed factory output and retail sales for July came in weaker than analysts' expectations.
Saudi Aramco has announced the biggest quarterly profit of any public company in history thanks to surging oil prices and demand.
In the current jobs market, workers have the upper hand. With record numbers of vacancies, would-be employees can demand higher pay and more perks.
SYDNEY (Reuters) -Australia's Qantas Airways said on Monday it would add six Airbus SE A321 converted freighters to its domestic fleet to replace five ageing Boeing Co 737s and expand capacity to meet a surge in demand from online shopping. The A321 freighters will be sourced from the open market and converted from carrying passengers to cargo subject to commercial negotiations, the airline said, adding the planes were expected to arrive between early 2024 and mid-2026. The freighters will join another three A321s already in the airline's domestic cargo fleet and expand carrying capacity given the A321s can carry 23 tonnes of cargo, nine tonnes more than the 737s.
The price of wine will surge 10pc this year as scorching temperatures hammer harvests at vineyards across Europe, the owner of Laithwaites has warned.
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limited period of time, a copy of his letter seen by Reuters showed on Sunday. Germany's gas market operator is set to announce on Monday the size of the levy, which Berlin is imposing on all gas consumers to spread the additional cost of gas imports. The levy is aimed at helping Uniper and other importers cope with soaring prices due to reduced Russian export flows, but it would add to already sky-high energy prices and inflationary pressures for customers.
Matt and his boyfriend have spent hours on the train to London from Coventry over the past few weekends – all in the hope of getting a monkeypox vaccine.
The Government will not use July’s retail price index to calculate how much to raise rail fares in 2023.
The RBA is looking into the idea of a central bank digital currency as cryptocurrencies continue to gain popularity
Iran's leading automaker is seeking to prioritise exports to Russia, its CEO said Sunday, as both countries reel under Western economic sanctions.
Salespeople, food servers, postal workers -- "Help Wanted" ads are proliferating across the United States, as companies struggle to deal with a worker shortage caused by the pandemic, a rash of early retirements and restrictive immigration laws.
Some new sellers are pricing competitively in an attempt to move home before Christmas, agents report.
Money comparison platforms could see a boom in activity, according to the boss of the accommodation search website.
Germany should not tax "excessive" company profits earned amid an economic and energy crisis as that would interfere with market forces, the finance minister said in an interview on Sunday when asked about the windfall levies imposed elsewhere in Europe. "To me, much and possibly everything speaks against a possible excessive profit tax when I think about it closely," minister Christian Lindner of the liberal Free Democrats (FDP) told public broadcaster ZDF. Britain introduced a 25% windfall tax on oil and gas producers' profits in May to help fund support for households.
The bitcoin boom spawned new billionaires and videos of beach parties and Lamborghinis. The crypto crash brought devastation for small investors and bankruptcy for many companies.
Home sellers in London cut £23,400 off their asking prices in August, as interest rate rises finally take their toll on house prices, new research shows.
The automated Phalanx CIWS cannons aboard Britain's aircraft carriers are a final line of defence against attack, capable of filling the sky with 4,500 armour-piercing rounds a minute to defeat incoming missiles. Find a way to dodge them, and the HMS Queen Elizabeth is little more than a floating 65,000-tonne target.
As crops shrivel in the fields, farmers around the country are calling for urgent action from the Tory leadership
James Reed, chairman of Reed.co.uk, said the ability to negotiate a salary increase is an essential skill.
Flouting the hosepipe bans that are sweeping the country comes with a hefty financial penalty of up to £1,000 – except it seems nobody has ever actually had to pay it.
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