LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …
Read More »Deliveroo aims to sell $1.4 billion of new shares in upcoming IPO
By Rachel Armstrong, Abhinav Ramnarayan FILE PHOTO: A deliveroo delivery driver cycles through the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil Noble LONDON (Reuters) – Deliveroo said on Monday that it plans to sell around 1 billion pounds ($1.39 billion) of new shares in its upcoming initial public offering …
Read More »UK vows to share vaccines, but details thin as G-7 meets
LONDON (AP) — Leaders of the Group of Seven economic powers are holding their first meeting of 2021 on Friday, and vowing to share coronavirus vaccines with the world’s poorest countries — though details of how soon and how much they will give remain scarce. Prime Minister Boris Johnson of …
Read More »United States bans travellers from UK without a negative coronavirus test
P eople flying to the United States from the UK will have to produce a negative Covid-19 test before travelling following the emergence of a new coronavirus variant. The US became, on Christmas Day, the latest country to announce new travel restrictions because of the variant spreading in the UK …
Read More »Holiday retail workers seek “temporary lifeline” in warehouse jobs, if they can find one
(Reuters) – This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon’s …
Read More »U.S. election results being watched closely
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 »The Hut Group shares soar 30% after bumper $7 billion London IPO
By Abhinav Ramnarayan, Sinead Cruise LONDON (Reuters) – The Hut Group’s THG.L shares soared 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal its 5.4 billion pound ($6.99 billion) listing, one of London’s largest tech IPOs to date. FILE PHOTO: The …
Read More »The Hut Group launches $1.22 billion London float
LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
Read More »Election 2020: Day 2 of the DNC here live!
Published Aug 16, 2020 at 8:00 am (Updated Aug 18, 2020 at 8:07 am) Democratic National Convention Good to go: Joe Biden, the former vice-president and Democratic candidate in the 2020 presidential race (File photograph by Matt Rourke/AP) …
Read More »UK Stocks-Factors to watch on July 2
July 2 (Reuters) - Britain's FTSE 100 index is seen opening 30 points higher on Thursday, according to financial bookmakers. * ROYAL MAIL: Royal Mail and its largest labour union have agreed to start talks to settle a long-running dispute over pay and operational changes, the former British postal monopoly …
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