Result strengthens PM Nikol Pashinyan’s drive for deeper integration with Europe despite warnings from Moscow Armenia’s ruling pro-Europe party has won parliamentary elections, confirming the country’s pivot towards Europe and away from its traditional ally, Russia. Final results in the small South Caucasus country showed the prime minister Nikol Pashinyan’s Civil Contract party securing a slim ma...
Result strengthens PM Nikol Pashinyan’s drive for deeper integration with Europe despite warnings from Moscow Armenia’s ruling pro-Europe party has won parliamentary elections, confirming the country’s pivot towards Europe and away from its traditional ally, Russia. Final results in the small South Caucasus country showed the prime minister Nikol Pashinyan’s Civil Contract party securing a slim majority, while the Strong Armenia alliance, led by the Russian-Armenian billionaire Samvel Karapetyan, won 25% of the seats in parliament. Continue reading...
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
If you're planning to retire in 2027, you may be getting increasingly excited about wrapping up your career. At the same time, you may be getting increasingly anxious about the financial side of things. After all, it's not easy to go from earning a steady paycheck to having to rely on a combination of savings and Social Security . It's important to understand the role those benefits might play in ...
If you're planning to retire in 2027, you may be getting increasingly excited about wrapping up your career. At the same time, you may be getting increasingly anxious about the financial side of things. After all, it's not easy to go from earning a steady paycheck to having to rely on a combination of savings and Social Security . It's important to understand the role those benefits might play in your retirement. With that in mind, here are three key things about Social Security that must be on your radar at this stage of the game. Image source: Getty Images. Continue reading
Italian luxury house Prada ( PRDSY ) ( PRDSF ) unveiled a high-tech inner-layer garment that will be worn by NASA astronauts on future moon missions. The body-hugging "Liquid Cooling and Ventilation Garment" is developed with Houston-based Axiom Space and features ventilation tubes knitted into the fabric to help regulate astronauts' temperature. "The future of space exploration will not be built ...
Italian luxury house Prada ( PRDSY ) ( PRDSF ) unveiled a high-tech inner-layer garment that will be worn by NASA astronauts on future moon missions. The body-hugging "Liquid Cooling and Ventilation Garment" is developed with Houston-based Axiom Space and features ventilation tubes knitted into the fabric to help regulate astronauts' temperature. "The future of space exploration will not be built by any one entity alone, and our partnership with Prada is proof of that. By bringing together the best in both aerospace engineering as well as luxury craftmanship and advanced product development, we have developed a garment that neither company could have created independently, and that is exactly the kind of cross-industry thinking that will define the next era of human spaceflight," said Dr. Jonathan Cirtain CEO and President, Axiom Space. The unveiling builds on Prada's ( PRDSF ) 2024 partnership with Axiom Space to develop lunar spacesuits for NASA's Artemis program. More on Prada S.p.A. Prada: Two Strong Brands, And A Third With Turnaround Potential Prada S.p.A. (PRDSY) Q1 2026 Sales/Trading Call Transcript Prada S.p.A. (PRDSY) Q1 2026 Sales/ Trading Statement Call - Slideshow Seeking Alpha’s Quant Rating on Prada S.p.A. Historical earnings data for Prada S.p.A.
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Tate & Lyle , Britain’s famed maker of sweet things, will be bought by US rival Ingredion for £2.7 billion . It adds to a list of stalwarts departing London’s stock market. Illinois-based Ingredion has offered up to 615 pence per share of value — made up of cash and dividends ...
Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories. Tate & Lyle , Britain’s famed maker of sweet things, will be bought by US rival Ingredion for £2.7 billion . It adds to a list of stalwarts departing London’s stock market. Illinois-based Ingredion has offered up to 615 pence per share of value — made up of cash and dividends — marking a 60% premium to Tate & Lyle’s share price before news of a possible deal first broke last month. Since then, shares had shot up about 31%. Tate & Lyle is not just any another name leaving the London exchange (following the likes of Schroders), but one of Britain’s oldest large companies. Having started off as a sugar refiner in the late 1800s, it sold its iconic sugar business in 2010 in a pivot to sweeteners and, more recently, dietary fibres. Yet performance has taken a hit of late, partly down to softer demand in some key markets as well as supply chain disruption. Investors seem to think it’s a sweet deal: shares jumped 11% at open. What’s your take? Ping me on X , LinkedIn or drop me an email at lmoon13@bloomberg.net. Oh, and do subscribe to Bloomberg.com for unlimited access to trusted business journalism on the UK, and beyond. What We’re Watching British firms scaled back hiring at a faster pace last month , as war abroad and political turmoil at home dented confidence and increased costs, according to a poll watched by the Bank of England. Placements of permanent staff dropped the most in 10 months, as companies rely more on short-term hires. Keir Starmer to the rescue? In a speech today, the PM will promise AI tools to help people find work as opposed to being left behind by the tech. A new AI assistant for career development and job applications will be rolled out by the Department for Work and Pensions as a “job centre in your pocket” . Speaking of, US-listed and Amsterdam-based Nebius plans to invest about £1.7 billion to expand its AI infrastructure ...
SimonSkafar/E+ via Getty Images Investment Thesis iShares MSCI Agriculture Producers ETF ( VEGI ) warrants a hold rating due to mixed outlook factors for the fund. While the ETF may continue outperforming higher-fee competitor funds, its largest holdings face modest growth prospects, elevated valuations, and cyclical headwinds. As a result, VEGI offers niche diversification with limited upside com...
SimonSkafar/E+ via Getty Images Investment Thesis iShares MSCI Agriculture Producers ETF ( VEGI ) warrants a hold rating due to mixed outlook factors for the fund. While the ETF may continue outperforming higher-fee competitor funds, its largest holdings face modest growth prospects, elevated valuations, and cyclical headwinds. As a result, VEGI offers niche diversification with limited upside compared to the broader market. iShares MSCI Agriculture Producers ETF – Overview and Compared ETFs VEGI is a passive ETF that tracks an index providing exposure to global agricultural equipment and products. With its inception in 2012, the fund has 127 holdings and $163 million in AUM. By market sector, VEGI is comprised of industrials (36%), consumer staples (33%), and materials (31%). VEGI includes mostly U.S. holdings at 64% weight but also has exposure to various other countries, including Canada (7% weight), Norway (5% weight), and Japan (4% weight). For comparison purposes, other funds examined are VanEck Agribusiness ETF ( MOO ) and First Trust Indxx Global Agriculture ETF ( FTAG ). MOO captures a broad mix of agriculture companies, including seed production, fertilizers, and food equipment. FTAG seeks global holdings that specialize in farmland, irrigation equipment, and farm machinery. VEGI Compared: Performance, Expense Ratio, and Dividend Yield Over the past decade, VEGI and its peer funds have underperformed the broader market, predominantly due to their lack of tech and AI holdings. While VEGI has seen a solid 10-year average annual return of 9.44%, MOO and FTAG have further lagged with 10-year average annual returns of 7.04% and 5.36%, respectively. For reasons I will discuss in this article, I believe VEGI will continue to underperform the broader market going forward. 10-Year Total Return: VEGI and Compared Agriculture ETFs (Seeking Alpha) Beyond outperforming peer agricultural ETFs, another key advantage of VEGI is its relatively low fees. With a 0.39% expens...