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Labour’s ambitions not achievable without business, Reeves to tell Davos summit

Business | Business News Labour’s ambitions for government cannot be achieved without backing from business, the shadow chancellor is to say in Davos . Rachel Reeves will say that, if Labour wins the next general election — expected to be held this year — “Britain will be open to business”. The shadow chancellor and shadow business secretary Jonathan Reynolds are joining the annual gathering of international movers and shakers at the World Economic Forum in the exclusive Swiss ski resort. The duo have lined up a series of meetings, including with Google, Barclays and Ericsson, as well as with other chief executives, investors and…

EU's Balancing Act: Elections, Sanctions, and Ukraine Aid

This year the EU will be focused on the European Parliament elections taking place across the 27-member bloc on June 6-9. The vote will open up a scramble for the selection of the top three institutional positions in Brussels: presidents of the European Council and the European Commission and EU foreign policy chief. It is the prime ministers and presidents of the member states who select candidates for this role, often picking one from among their group. They do this by taking all sorts of parameters into consideration; there needs to be a gender balance and a balance of political allegiances, with the political party that…

Solid Power and SK On Deepen Partnership with New Agreements

LOUISVILLE, Colo., Jan. 16, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ), a leading developer of solid-state battery technology, today announced it has deepened its partnership with SK On with three new agreements: a research and development license, a line installation arrangement, and an electrolyte supply agreement, each of which are detailed below. Together, the agreements expand Solid Power’s presence in Korea and strengthen the existing relationship between Solid Power and SK On, a key cell manufacturing partner. “This expanded arrangement with SK On provides the framework for closer collaboration with one of the industry’s leading…

3 Growth Stocks That Hedge Fund Managers Are Scooping Up Now

Hedge funds are specialized investment funds that aim to generate returns regardless of overall market conditions. Hedge fund managers tend to be skilled stock pickers, as they have the resources to conduct thorough research and analysis. They also often have industry connections that provide valuable insights. As such, keeping an eye on the stocks hedge funds buy can be a smart way for individual investors to find strong prospects. However, their stock picks should not be viewed as a crystal ball. Even the best hedge fund managers do not have perfect track records. The market involves luck as well as skill. So, while these stocks…

Quant Ratings Updated on 72 Stocks

Wall Street is clearly in a bad mood following the long holiday weekend! The S&P 500, Dow and NASDAQ all slipped lower today, with the Dow losing more than 300 points in in the early afternoon before bouncing back slightly into the close. The reality is investors are not happy with Goldman Sachs ’ ( GS ) mixed quarterly earnings results, the weak numbers from the New York Federal Reserve’s Empire State Manufacturing Survey for December (which showed the lowest level of activity since May 2020), and hawkish comments from Federal Reserve Governor Christopher Waller. He said in a speech that he didn’t see the need for the Fed to cut…