05 May

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Jessica Alba’s Honest Company Rallies in Debut By Investing.com

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By Christiana Sciaudone Investing.com -- The Honest Company Inc (NASDAQ:HNST), aka actress Jessica Alba's corporate project, is up 40% after raising more than $412 million in an initial public offering. The consumer products company is valued at about $1.4 billion after shares were priced at $16. Honest was founded a decade ago with a vow for transparency and safe, simple products. Demand for clean beauty products is expected to grow at a significant rate. Sales for the global clean beauty company are expected to increase more than 12% from 2020 to 2027,...

05 May

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FTSE 100 closes above 7,000, GBP strong ahead of ‘Super Thursday’, Dogecoin surges By Investing.com

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Key Points FTSE 100 closing price of 7,039.36, +1.7% Miners lift FTSE Croda jumps as it considers sale of PTIC division GBP higher ahead of ‘Super Thursday’ Ethereum steadies after recent gains, Dogecoin takes off By Samuel Indyk Investing.com – The FTSE 100 managed to close above 7,000 for the first time since 19th April as European stock markets rallied following yesterday’s declines. Miners led the FTSE 100 higher as metals prices continue to rally. Anglo American (LON:AAL), BHP Group (LON:BHPB), Glencore (LON:GLEN), and Rio Tinto ...

05 May

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Jewels given to Napoleon’s adoptive daughter on sale at Christie’s next week By Reuters

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GENEVA (Reuters) - A flawless sapphire and diamond parure that belonged to Napoleon's adoptive daughter is to be sold at auction at Christie's in Geneva next week, a rare sale of objects directly linked to the French emperor. The jewels date back to the early 19th century and are believed to have been a wedding gift for Stephanie de Beauharnais, who was adopted by Napoleon and his wife Josephine de Beauharnais. "I think most of the jewels that originate from the French court today have already found their way into museums or into very important...

05 May

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European stocks bounce back from tech rout on strong data, commodities By Reuters

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By Sruthi Shankar and Ambar Warrick (Reuters) - European stocks marked their best day in nearly two months on Wednesday, recovering from a sharp sell-off in the previous session as resource stocks hit a 10-year high, while data showed euro zone business activity picked up in April. The pan-European STOXX 600 index ended 1.8% higher, wiping out almost all of its 1.4% loss on Tuesday, when concerns over policy tightening in the United States had rattled high-value technology stocks. European tech stocks rose 2.7% after a 3.7% plunge in the previous session. Europe's basic...

05 May

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How low can you go? Volkswagen throws down the emissions gauntlet By Reuters

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By Christoph Steitz, Gilles Guillaume and Kate Abnett FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) has softened its stance on tough new European carbon dioxide emissions targets for automakers, betting it can absorb more stringent cuts than its rivals, sources familiar with the matter told Reuters. The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels instead of 40% and Europe's automakers will find out in July what their contribution on CO2 emissions is expected to be. Three sources told Reuters that Volkswagen, which owns car brands...

05 May

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 1.03% By Investing.com

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Industrial Metals & Mining, Construction & Materials and Banking sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 1.03% to hit a new 52-week high. The biggest gainers of the session on the Investing.com United Kingdom 100 were Anglo American PLC (LON:AAL), which rose 6.29% or 193.5 points to trade at 3270.5 at the close. CRH PLC (LON:CRH) added 5.34% or 183.0 points to end at 3607.0 and BHP Group PLC...

05 May

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HeidelbergCement keeps 2021 outlook after strong Q1 By Reuters

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FRANKFURT (Reuters) -HeidelbergCement, the world's second-largest cement maker, on Wednesday kept its outlook for slightly higher sales and core profit in 2021, supported by stimulus programmes around the world it says will boost construction activity. "The very good first quarter confirms our optimistic outlook for 2021," Chief Executive Dominik von Achten said. "We expect continued strong demand in private residential construction and infrastructure in all regions." Stimulus programmes launched by governments to help the economy recover from the coronavirus crisis were likely to have a positive impact on construction and sales in the short and medium...

05 May

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Carbon copy? Pandora takes a shine to lab-made diamonds By Reuters

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By Tim Barsoe COPENHAGEN (Reuters) - Pandora, the jewellery maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday. "Diamonds are not only forever, but for everyone," Pandora Chief Executive Alexander Lacik said as the Danish company launched a new collection of man-made stones. Pandora, which made 85 million pieces of jewellery last year and sold 50,000 diamonds, said it aimed to "transform the market for diamond jewellery with affordable, sustainably created products". The growing acceptance of man-made diamonds by millennials...

05 May

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Peloton Falls After Recall of Deadly Treadmill By Investing.com

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By Christiana Sciaudone Investing.com -- Peloton (NASDAQ:PTON) dropped almost 7% after its treadmills were recalled following the deaths of children at the hands of the equipment. The U.S. Consumer Product Safety Commission (CPSC) and Peloton announced two separate voluntary recalls of Peloton’s Tread+ and Tread treadmills, and said consumers should immediately stop using them and contact Peloton for a full refund or other qualified remedy. Peloton has also stopped the sale and distribution of the Tread+. The recall comes weeks after the CPSC warned consumers about the danger of the Tread+ "after multiple incidents of small...

05 May

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Trump still banned from Facebook but board demands company review By Reuters

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By Elizabeth Culliford (Reuters) -Facebook Inc's oversight board on Wednesday upheld the company's suspension of former U.S. President Donald Trump but gave the company six months to determine a “proportionate response” going forward, a verdict that may chart how social media will treat rule-breaking world leaders in the future. The company inappropriately imposed an indeterminate suspension without clear standards, the board said, requiring a company review. The Board said Facebook (NASDAQ:FB) should determine a response that is consistent with rules applied to other users of the platform. "Facebook left the indefinite suspension in place...

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Jessica Alba’s Honest Company Rallies in Debut By Investing.com

FTSE 100 closes above 7,000, GBP strong ahead of ‘Super Thursday’, Dogecoin surges By Investing.com

Jewels given to Napoleon’s adoptive daughter on sale at Christie’s next week By Reuters

European stocks bounce back from tech rout on strong data, commodities By Reuters

How low can you go? Volkswagen throws down the emissions gauntlet By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 1.03% By Investing.com

HeidelbergCement keeps 2021 outlook after strong Q1 By Reuters

Carbon copy? Pandora takes a shine to lab-made diamonds By Reuters

Peloton Falls After Recall of Deadly Treadmill By Investing.com

Trump still banned from Facebook but board demands company review By Reuters

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