There is still too much risk in the equity and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

There is still too much risk in the equity and bond markets.  Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

Ahead of Big Tech Earnings, Meta Results Poised to Lighten Nasdaq Composite COMP for Thursday. The S&P 500 SPX also points to gains as investors have a glass-half-full view of the Fed meeting. LaDucTrading.com founder Samantha LaDuc is concerned that investors are in the throes of another Fed error. “The market is not pricing in … Read more

Oil giant reports record annual profits

Oil giant reports record annual profits

Shell said last month that windfall taxes imposed by the European Union and the UK following the surge in profits would cost the group about $2 billion. Paul Ellis | Afp | Getty Images British oil giant Shell posted its highest annual profit on Thursday, buoyed by rising fossil fuel prices and strong demand since … Read more

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

TOKYO, Feb. 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will begin production this year of a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) and sell will gradually ramp up this decade, in an effort to expand its hydrogen business. Honda is targeting annual sales of about 2,000 … Read more

White House blasts Exxon over historic $56 billion annual profit

White House blasts Exxon over historic  billion annual profit

WASHINGTON, Jan. 31 (Reuters) – The White House on Tuesday expressed its outrage over Exxon Mobil Corp’s record 2022 net profit of $56 billion, a historic high not only for the company but for the entire Western oil industry. The major oil companies are expected to break their own annual records due to high prices … Read more

India increases spending in final pre-election budget

India increases spending in final pre-election budget

NEW DELHI, Feb. 1 (Reuters) – The Indian government on Wednesday announced a budget of $550 billion for the next fiscal year starting April 1, setting out a plan for record investment while limiting the budget deficit. Prime Minister Narendra Modi’s party, which faces elections in key states this year and a national election in … Read more

Adani loses Asia’s richest crown as the price drop deepens to $84 billion

Adani loses Asia’s richest crown as the price drop deepens to  billion

BENGALURU, Feb. 1 (Reuters) – Shares in Indian magnate Gautam Adani’s conglomerate plunged again on Wednesday as defeat in his companies deepened to $84 billion in the wake of a US short-seller report, which also saw the billionaire lose his title. as Asia’s richest lost person. Wednesday’s stock losses dropped Adani to 15th on the … Read more

Oil runs for OPEC+, US Federal Reserve meetings

Oil runs for OPEC+, US Federal Reserve meetings

SINGAPORE, Jan. 30 (Reuters) – Oil prices fell on Monday, relinquishing previous gains as global producers are likely to leave production unchanged at a meeting this week and investors are cautious ahead of a meeting of the US Federal Reserve That Can Fuel Market Volatility. Brent crude oil futures fell 20 cents, or 0.2%, to … Read more

Billionaire Gautam Adani loses $26 billion

Billionaire Gautam Adani loses  billion

Last year, Gautam Adani, 60, was the star of all rankings of the world’s biggest fortunes. He was one of the few billionaires to see his net worth soar as the global economic downturn rocked the fortunes of technology tycoons. Adani, unknown to the West, saw his fortune increase by $40 billion, according to the … Read more

Italy’s Eni signs an $8 billion Libyan gas deal as Prime Minister Meloni visits Tripoli

Italy’s Eni signs an  billion Libyan gas deal as Prime Minister Meloni visits Tripoli

ROME/TRIPOLI, Jan. 28 (Reuters) – Italian energy company Eni and Libya’s National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday to boost Europe’s energy supply despite insecurity and political chaos in the North African region. country. The deal, signed during a visit to Tripoli by Italian Prime Minister Giorgia Meloni, aims … Read more