Barclays highlights several growth drivers at EQT after results
Barclays highlights continued strong confidence in the future of private equity firm EQT following Thursday’s third-quarter report. EQT expects to activate the EQT XI fund before year-end, while opportunities for divestments are improving even though the timing remains uncertain. Barclays notes that the company expects performance-based fees and investment income in the second half to […]
UK finance minister opens the door to higher bank tax
UK Finance Minister John Healey does not rule out a higher tax on banks’ profits in the budget on 28 October. Reuters reports. The banks’ surcharge is currently 3 percent, and analysts see a possible increase to 8 percent or by 2–3 percentage points. The banking sector, for its part, warns of reduced investment and […]
Nato discusses security situation in the Black Sea
Nato Secretary General Mark Rutte met on Thursday with Bulgarian Prime Minister Rumen Radev and Romanian President Nicusor Dan to discuss security in the Black Sea and the latest attacks on merchant vessels. Reuters reports. Rutte says that Nato continues its cooperation with its allies in the region and, when necessary, adapts its deterrence and […]
UK minister considers intervention in Sky’s purchase of ITV operations – BN
UK Culture Minister Lisa Nandy is considering intervening in Comcast-owned Sky’s planned purchase of ITV’s media and entertainment operations for GBP 1.6 billion. Bloomberg reports. The reason is concern over freedom of expression and media plurality. No decision has been made and the companies have until October 20 to respond. If there is an intervention, […]
US retail sales excluding autos up 0.9% month-on-month in September, expected +0.5%
US retail sales excluding autos up 0.9% month-on-month in September, expected +0.5%
US retail sales up 0.8 percent month-on-month in September, expected up 0.3 percent
US retail sales up 0.8 percent month-on-month in September, expected up 0.3 percent
New jobless claims in the US +199,000 in week 41, expected +200,000
New jobless claims in the US +199,000 in week 41, expected +200,000
New York Empire manufacturing index higher than expected in October
New York Empire manufacturing index came in higher than expected in October. The manufacturing index rose to 25,50 from 7,6 the previous month. Analysts’ expectations were 10,25. The New York Empire State index is an indicator based on the Federal Reserve’s survey of the manufacturing sector in the New York area. The regional survey is […]
Philadelpha Fed index lower than expected in October
Philadelpha Fed index came in lower than expected in October. The index fell to 20.9 from 37.8 the previous month. According to LSEG, the market expected a reading of 28.4. The index is a weighted aggregation of the components new orders, production, inventories, delivery times, employment and prices. A positive figure suggests an increase in […]
New US jobless claims rose to 199,000 last week, expected 200,000
The number of new jobless claims in the US amounted to 199,000 during the latest reporting week. According to LSEG, the market had expected 200,000 claims. Last week’s figure was revised to 198,000 from an initial 197,000. USWeek 41ConsensusWeek 40RevisedNew unemployment insurance claims in latest week199,000200,000197,000198,000Consensus data from LSEG
