Claire Hunte

Claire Hunte has worked in the UK and US. She was launch editor of the World Life Insurance Report, and worked on and was managing editor at Investor Relations and Corporate Secretary in the US. She has also worked for the Securities Industry and Financial Markets Association and PwC.

Articles by Claire Hunte Page 4

Nestle US brand Butterfinger
Ferrero Group in $2.8bn deal for Nestle’s US chocolate brands

Global confectionary group, Ferrero, announced on Wednesday it will acquire the Nestle’s US candy bar line for $2.8bn in cash.

Claire Hunte
ASML logo
ASML delivers the goods: profits and products

Dutch company ASML delivered a profit beat of €644m ($788.32m) for the quarter ending December up from €524m a year earlier and strength of the semiconductor industry buoyed its 2018 outlook.

Claire Hunte
Wooden rollercoaster against a blue sky
US update: Street rally fades, shutdown hangs over, copper loss

Earlier on Tuesday the Dow sprinted to a record high before giving up those gains in mixed trading. 

Claire Hunte
Bitcoin digital currency fall concept
Cryptocurrencies all fall down

Cryptocurrencies’ double-digit descent saw the main alt coins falling between 23% and 14% as rattled investors continued a selloff amidst fears of a South Korea crackdown.

Claire Hunte
Charging bull in New York City
US market update: Earnings focus propels stocks rally, Dow tops 26,000

Stock prices advanced broadly as investors with earnings squarely in sight stepped up buying sending the three main gauges to touch record highs.

Claire Hunte
Stock market graph
Market update: FTSE 100 backslides

At 15:02 GMT, the Footsie dipped 3 points or -0.046% at 7,759.2 as commodities stocks put pressure reversing earlier gains.  

Claire Hunte
BP logo
BP shares slide on $1.7bn charge for Deepwater Horizon

BP shares slid close to 2% in trading on Tuesday after the oil giant said it would take a charge of around $1.7bn in its fourth quarter 2017 results.

Claire Hunte
Google logo
Google expands network adding new regions and subsea cables

Google aims to ramp up its cloud computing business by hooking up five new regions and adding three subsea cables expanding its networks for its customers the company said on Tuesday. 

Claire Hunte
Chipocalypse concept on devices
Let the chips fall

Since news broke 3 January about the flaw in chips that exposed computers and devices to securities vulnerabilities Spectre and Meltdown, a few tech companies have seen share prices buffeted and others have seemingly crested the tsunami of bad news.

Claire Hunte
Serco logo on a facility in Virginia
Serco, Kier among FTSE risers post-Carillion collapse

Serco and Kier were among gainers today on FTSE 350 that benefitted after construction and services company, Carillion, collapsed on Monday.

Claire Hunte
Wall St road sign
Banks’ earnings hit by one-off tax charges

Later this week Citigroup, Bank of America and Goldman Sachs will be among the banks announcing fourth-quarter earnings and expectations are that the tax law will deliver temporary pain from one-time accounting charges. 

Claire Hunte
Wall Street sign
US update: Nasdaq adds gains, Netflix rises on potential, oil rallies

Stocks released the pause button and breezed to fresh highs buoyed by prospects of corporate prosperity in both tech and energy, Nasdaq rose 0.77% to 7,208.71.

Claire Hunte
Hurricane Irma aftermath St. Maarten
Impact of hurricanes may linger for reinsurers

Hurricanes Harvey, Irma and Maria (HIM) wreaked a path of destruction and devastation across the Caribbean and the US for residents and businesses alike and the fallout was also felt by (re)insurers covering those regions

Claire Hunte
Ethereum and Bitocoins
Cryptocurrencies react to South Korea’s bill to ban trading

There was a seismic reaction from the cryptocurrency market to news that the South Korean government is preparing a bill to ban local cryptocurrency exchanges sending major coins: Bitcoin, Ethereum, Ripple and Litecoin tumbling earlier on Thursday before paring those losses. 

Claire Hunte
Car at dealership
Global auto sales to slow down in 2018, IHS Markit report

Growth in global auto sales is expected to slow down in 2018 while remaining at record levels according to a recent report from IHS Market.

Claire Hunte