Equities

European Shipping Stocks Rise After US, UK Airstrikes on Houthis

Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen, sending crude higher and...

Burberry downgrades full-year results guidance

British luxury fashion brand Burberry on Friday warned that its annual results would be below previous guidance, blaming a further slowdown in demand that...

South Korea’s Warning on US Bitcoin ETFs Hits Stocks

(Bloomberg) -- South Korea sought to choke off a potential flood of speculative cash heading to US spot Bitcoin exchange-traded funds, stoking confusion and...

Should You Buy Chevron Stock (NYSE:CVX) for Its 4.2% Dividend Yield?

Energy companies are highly cyclical. Their profits expand during periods of economic expansion and contract swiftly during downturns. After reporting record profits in 2022,...

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