
Miners, mixed earnings drag down European stocks
European stocks slipped on Wednesday, with miners leading the declines after concerns about Chinese intervention hit metal prices, while mixed corporate earnings reports kept investors on edge.

European stocks slipped on Wednesday, with miners leading the declines after concerns about Chinese intervention hit metal prices, while mixed corporate earnings reports kept investors on edge.

Visa Inc’s (V.N) quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world’s largest payment processor.

The Aussie dollar jumped on Wednesday as surprisingly strong inflation data raised the possibility of sooner-than-planned rate hikes, while the yen was calm as Japan’s central bank is seen retaining its easy monetary policy stance later this week.

Deutsche Bank’s (DBKGn.DE) profits rose a stronger-than-expected 7% in the third quarter, the bank’s fifth straight quarter in the black as fees for advising on deals partly made up for a drop in trading revenue.

Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group Ltd (FMG.AX), into the world’s biggest green energy group, but critics say his targets are a stretch even for a man who built the world’s fourth-largest iron ore producer from scratch in just over a decade.

Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more than double its current level.

With over half its multi-million dollar revenue regularly coming from clients outside the UK, the digital learning and assessment specialist, eCom Scotland is used to working with organisations in far-flung, often exotic and, sometimes, remote parts of the world. Among these is the far-from remote but no-less-exotic Bahamas, where one of its professional institutes is benefiting from using eCom’s eAssessment platform with the hundreds of students studying for qualifications on its 16 or so regular programmes.

Apple, Amazon, Microsoft, Alphabet… and Tesla. We now have a trillion-dollar EV firm whose 10% surge on Monday lifted Wall Street to new record highs — electric vehicles going mainstream is perhaps encouraging news ahead of the COP26 environment summit.

Divisions have deepened among European Union countries ahead of an emergency meeting of ministers on Tuesday on their response to a spike in energy prices, with some countries seeking a regulatory overhaul and others firmly opposed.

This October 25 story corrected headline and lead paragraph’s Q3 GDP growth projection to 4.5%, not 4.3%, after Finance Ministry issues correction

European stocks slipped on Wednesday, with miners leading the declines after concerns about Chinese intervention hit metal prices, while mixed corporate earnings reports kept investors on edge.

Visa Inc’s (V.N) quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at the world’s largest payment processor.

The Aussie dollar jumped on Wednesday as surprisingly strong inflation data raised the possibility of sooner-than-planned rate hikes, while the yen was calm as Japan’s central bank is seen retaining its easy monetary policy stance later this week.

Deutsche Bank’s (DBKGn.DE) profits rose a stronger-than-expected 7% in the third quarter, the bank’s fifth straight quarter in the black as fees for advising on deals partly made up for a drop in trading revenue.

Australian iron ore magnate Andrew Forrest wants to turn his company, Fortescue Metals Group Ltd (FMG.AX), into the world’s biggest green energy group, but critics say his targets are a stretch even for a man who built the world’s fourth-largest iron ore producer from scratch in just over a decade.

Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more than double its current level.

With over half its multi-million dollar revenue regularly coming from clients outside the UK, the digital learning and assessment specialist, eCom Scotland is used to working with organisations in far-flung, often exotic and, sometimes, remote parts of the world. Among these is the far-from remote but no-less-exotic Bahamas, where one of its professional institutes is benefiting from using eCom’s eAssessment platform with the hundreds of students studying for qualifications on its 16 or so regular programmes.

Apple, Amazon, Microsoft, Alphabet… and Tesla. We now have a trillion-dollar EV firm whose 10% surge on Monday lifted Wall Street to new record highs — electric vehicles going mainstream is perhaps encouraging news ahead of the COP26 environment summit.

Divisions have deepened among European Union countries ahead of an emergency meeting of ministers on Tuesday on their response to a spike in energy prices, with some countries seeking a regulatory overhaul and others firmly opposed.

This October 25 story corrected headline and lead paragraph’s Q3 GDP growth projection to 4.5%, not 4.3%, after Finance Ministry issues correction
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