LONDON — European stocks advanced on Wednesday as investors around the world keep watch on the results of the U.S. election. Following a turbulent open, the pan-European Stoxx 600 was up by around 0.6% by late morning, with healthcare stocks jumping 3% while banks shed 1.8%. The results of the …
Read More »Retail rebound lost pace in August – live updates
Good morning. The latest official data on UK retail sales, set for release at 7am, is expected to show a slowdown during August amid the impact of the Treasury’s hugely-popular Eat Out to Help Out scheme. Elsewhere, it’s a typically quiet Friday, with European stocks expected to drift slightly lower …
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Fellow mid cap Royal Mail wiped out most of Friday's gains, dropping 8.7p to 225p after hitting a one-year high last week following a strong … Source link
Read More »Market report: LSE Group on the march after Euronext’s bid for Italian bourse
Divestment speculation gave a Friday boost to London Stock Exchange Group. The exchange operator rose after rival Euronext confirmed plans to submit an offer to buy Borsa Italiana, the Italian stock exchange, for an expected value of €3.5bn (£3.2bn) to €4bn. Euronext said further details would be announced when appropriate. …
Read More »European stocks seen inching higher as investors watch data, U.S. tech
European markets are set to inch higher Tuesday as global investors wait to see whether the dominant U.S. tech sector can recover momentum after last week’s rout, while awaiting key economic data due out of the euro zone. Britain’s FTSE 100 is seen around 10 points higher at 5,947, Germany’s …
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Hot on its heels was BT, which jumped 8.1p to 106.1p after Berenberg raised its outlook for the group’s shares. In a note to clients, analyst Carl Murdock-Smith wrote that sentiment about the telecoms group was “on its knees”, but added “its significant under-performance and scope for improved sentiment over …
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'Czech Spinx' raises Royal Mail stake further. Daniel Kretinsky, the billionaire known as the Czech Sphinx, has upped his stake in Royal Mail again, … Source link
Read More »Market report: 'Czech sphinx' increases his lion's share in Royal Mail
… have raised speculation that he may soon begin actively trying to influence the group's future direction. Royal Mail shares rose 2p to 184p on Friday. Source link
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The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link
Read More »FTSE drops below 7,000 as virus rout continues – live updates
3) Wife of advertising tycoon Sir Martin Sorrell files for divorce: Lady Cristiana Falcone Sorrell and Sir Martin, former boss of advertising giant WPP, have been married for 12 years and have a young daughter. 4) Disney has announced the surprise early replacement of its chief executive Bob Iger, ending his 15-year run …
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