In the world of finance, certain names shine brightly, while others remain shrouded in relative obscurity. Li Lu, a name perhaps unfamiliar to many in Spain, is a celebrated figure in the world of investment, often referred to as the 'Chinese Warren Buffett. ' This article will delve into the remarkable journey and investment philosophy of Li Lu.
European markets rallied at midday on Tuesday as eurozone inflation unexpectedly slowed, boosting sentiment, while investors turned their attention to the start of the US Federal Reserve’s two-day monetary policy meeting.
US stock markets were struggling for direction in Tuesday pre-market trade, as investors showed their nerves ahead of a crucial Federal Open Market Committee (FOMC) meeting.
London's FTSE 100 was more or less unchanged on Tuesday as investors chose to keep their powder dry ahead of what's set to be an important week for monetary policy in the UK and US.
European markets were flat at the open on Tuesday as investors turned their attention to the start of the US Federal Reserve’s two-day monetary policy meeting.
The crypto market has gained a reputation for its unpredictable price fluctuations throughout the years: this volatility arises from an interplay of factors.
Engineering company Renishaw said in its final results on Tuesday that despite facing challenging trading conditions, revenue rose to £688. 6m from £671. 1m year-on-year.
Asia-Pacific markets delivered mixed results on Tuesday, with investors keenly assessing minutes from the Reserve Bank of Australia's September policy meeting.
British Land upgraded its guidance for its retail park assets on Tuesday, which it said had gained favour among a broad spectrum of customers, primarily for their affordability, convenience, and adaptability with omnichannel retailing.
Inflation in the Eurozone unexpectedly slowed last month, as Eurostat revised down earlier 'flash' estimates for August on Tuesday.
Cryptocurrencies continue to advance. Bitcoin (BTC) resumes its rally and gains around 0. 8% in the last 24 hours, and is now above $26,800. For its part, Ethereum (ETH) rises 0. 3% and seems to be consolidating at the $1,600 level.
C&C Group said in a trading update on Tuesday that it expected its first-half operating profit to fall between €29m to €31m.
FirstGroup announced the attainment of a new National Rail contract (NRC) in collaboration with Trenitalia UK on Tuesday, with the Department for Transport (DfT) for the West Coast Partnership (WCP).
UK stocks edged higher on Tuesday morning, though gains were only moderate as investors continued to exercise caution ahead of some potentially market-moving central bank meetings later this week.
Greeting card maker Moonpig on Tuesday reiterated half-year revenue guidance as trading remained in line with expectations.
STEM-focused recruitment firm SThree said it remains on track for the full year but reported a continued decline in net fees in its third quarter as the placing of permanent jobs continued to decline.
Kingfisher lowered its profit expectations for the full year on Tuesday despite reporting a slight increase in first-half sales of 1. 1% to £6. 88bn, with like-for-like sales slightly ahead of expectations.
UK stocks are expected to open flat on Tuesday as investors continue to act cautiously ahead of some pivotal central bank meetings later this week.
Financial services provider Hargreaves Lansdown reported a robust set of full-year results on Tuesday.
Travel giant Tui on Tuesday held annual guidance on the back of a strong summer and solid bookings for this winter, underpinned by higher prices and despite extreme weather such as wildfires and floods in Europe.