Moving away from Russian energy means billions of dollars in new infrastructure spending, and these names stand to benefit, according to Bernstein.
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Russia’s war will reorient global energy flows and these stocks stand to benefit, says Bernstein
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European markets set to open higher, shrugging off Trump’s 50% metals tariffs
Trump’s 50% steel tariffs could see European steelmakers lower prices The European steel industry is set to see a mixed impact on prices after U.S. President Donald Trump said tariffs on steel imports will double from 25% to 50% on June 4. The latest tariffs will cause U.S. domestic prices of steel to increase, which […]
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Toyota Industries’ shares nosedive on $33 billion buyout deal — steepest fall in 10 months
The Toyota Industries Corp. logo at the company’s Nagakusa plant in Obu, Aichi Prefecture, Japan. Bloomberg | Bloomberg | Getty Images Shares of Toyota Industries slumped as much as 13% Wednesday, after Toyota Group’s reported 4.7 trillion yen ($33 billion) deal to take the company private. That includes a tender offer of $26 billion for shares of Toyota Industries […]
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Australia’s first-quarter economic growth stays flat at 1.3%, missing estimates
Sydney Harbour and the skyline of the central business district (CBD) in Sydney, Australia, on Tuesday, April 29, 2025. Bloomberg | Bloomberg | Getty Images Australia’s economy grew less than expected in the first quarter this year, the Australian Bureau of Statistics said in a statement Wednesday, as growth stalled amid the simmering global trade […]
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