Category: Europe

Bloomberg SoftBank Vision Fund Profit Nears $ 30 Billion on Coupang (Bloomberg) — SoftBank Group Corp.’s Vision Fund profit may reach an unprecedented $ 30 billion in the March quarter, almost quadrupling the record it had just set, according to people familiar with the matter.Profit in the unit was supercharged by the successful initial public offering […]

Bloomberg JPMorgan Sells $ 13 Billion of Bonds in Largest Bank Deal Ever (Bloomberg) — JPMorgan Chase & Co. sold $ 13 billion of bonds Thursday, the largest deal ever by a bank, taking advantage of some of the cheapest borrowing costs in years to boost its capital after the Federal Reserve let pandemic relief […]

* MSCI All-Country World Index up 0.2% * FTSE 100 leads European stock markets higher, up 0.5% * China Q1 GDP grows record 18.3% * Global asset performance http://tmsnrt.rs/2yaDPgn * World FX rates http://tmsnrt.rs/2egbfVh By Simon Jessop LONDON, April 16 (Reuters) – Global stocks hit a record high on Friday and oil climbed after strong […]

Bloomberg JPMorgan Sells $ 13 Billion of Bonds in Largest Bank Deal Ever (Bloomberg) — JPMorgan Chase & Co. sold $ 13 billion of bonds Thursday, the largest deal ever by a bank, taking advantage of some of the cheapest borrowing costs in years to boost its capital after the Federal Reserve let pandemic relief […]

London’s FTSE 100 is inching closer to a 7000 mark as it ends just 17 points away on Thursday, while FTSE 250 hits another record high, buoyed by economic recovery and reopening, The strong session in the UK markets on Thursday took the blue-chip FTSE 100 to its highest level since the stock market crash […]

Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working […]

FTSE screens Markets Hub embed test The FTSE 100 closed in on 7,000 as it extended a rally. Meanwhile in the US positive economic data and strong banking results frm Wall Street have pushed the Dow Jones and S&P 500 to fresh record highs. 05:19 PM Wrapping up That is all from us today – […]

Thursday, 15th April German CPI (MoM) (Mar) Final French CPI (MoM) (Mar) Final French HICP (MoM) (Mar) Final Italian CPI (MoM) (Mar) Final Friday, 16th April Eurozone Core CPI (YoY) (Mar) Final Eurozone CPI (YoY) (Mar) Final Eurozone CPI (MoM) (Mar) Final Eurozone Trade Balance (Feb) The Majors It was a mixed day for the […]

Bloomberg Merck Setback for Covid Treatment; 2 Billion Doses: Virus Update (Bloomberg) — Global production of Covid-19 vaccines surpassed 1 billion doses this week and will likely reach 2 billion in a little more than a month, according to a forecast from research company Airfinity Ltd. Merck & Co. halted development of two experimental drugs […]

The U.K. is seeing a blitz of IPOs by promising tech startups, and more are in the pipeline, a trend that could transform the staid image of London’s old economy-heavy stock market. For years, wave upon wave of the globe’s hottest tech firms went public in Hong Kong, New York and Frankfurt, leaving London feeling […]

Globe Newswire Global $ 70+ Billion Candy Markets, Competition Forecast & Opportunities, 2026 Dublin, April 15, 2021 (GLOBE NEWSWIRE) — The “Global Candy Market, By Product Type (Sugar Candy, Chocolate Candy & Gum Candy), By Distribution Channels (Convenience Stores, Traditional Grocery Stores, Supermarkets/Hypermarkets, etc), By Region, Competition Forecast & Opportunities, 2016-2026” report has been added […]

(Recasts lead, adds Europe, U.S. stock futures, updates levels throughout) * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * MSCI ex-Japan eases after two days of gains * NZ, Chinese, HK shares in the red * Dollar languishes near one-month lows * Oil holds near 1-mth top, gold slightly higher By Swati Pandey SYDNEY, April 15 (Reuters) […]

London’s FTSE 100 ended near day’s high on Wednesday as a rise in commodity prices boosted oil and metal stocks. The blue-chip FTSE 100 closed up 49 points, or 0.7 per cent, at 6,940, while domestically focused FTSE 250 added 87 points, 0.4 per cent to end at 22,355. Commodity trading company Glencore, Oil giant […]

Benzinga J&J Covid Vaccine Pause Appears To Weigh On Airline, Casino, Hotel Stocks Early After a dull Monday, investors awake this morning to a couple of big news items. That being said, both the consumer price index (CPI) and a pause in the use of Johnson & Johnson’s (NYSE: JNJ) Covid vaccine seem to be […]

Wednesday, 14th April Spanish CPI (YoY) (Mar) Final Spanish HICP (YoY) (Mar) Final Eurozone Industrial Production (MoM) (Feb) Thursday, 15th April German CPI (MoM) (Mar) Final French CPI (MoM) (Mar) Final French HICP (MoM) (Mar) Final Italian CPI (MoM) (Mar) Final Friday, 16th April Eurozone Core CPI (YoY) (Mar) Final Eurozone CPI (YoY) (Mar) Final […]

(Adds oil, gold settlement prices, remarks) * S&P 500, Dow, MSCI ACWI hit fresh highs * Bond yields near three-week lows * Bitcoin hits record high, dollar weakens By Herbert Lash and Tom Arnold NEW YORK/LONDON, April 14 (Reuters) – Major global stock indexes scaled new peaks on Wednesday after upbeat U.S. and European earnings […]

(Adds close of U.S. markets) * S&P 500, Dow, MSCI ACWI hit fresh highs * Bond yields near three-week lows * Bitcoin hits record high, dollar weakens By Herbert Lash and Tom Arnold NEW YORK/LONDON, April 14 (Reuters) – Major global stock indexes scaled new peaks on Wednesday before shedding gains that anticipated a strong […]

Europe is paying a steep price for its botched COVID vaccination rollout. The reminders are everywhere. During Easter week, when Rome is usually teeming with tourists and pilgrims, there was no in-person dining in the city’s famed trattorias—there weren’t any pilgrims or tourists, for that matter. Frustrations boiled over from there. Earlier this week, a […]

Bloomberg Jack Ma’s Double-Whammy Marks End of China Tech’s Golden Age (Bloomberg) — The full implications of Beijing’s rapid-fire moves against Jack Ma’s internet empire in recent days won’t be apparent for weeks, but one lesson is already clear: The glory days for China’s technology giants are over.The country’s government imprinted its authority indelibly on […]

Benzinga Flipping The Financial Playbook: Earnings Seen Firming For JP Morgan, Wells Fargo, Goldman Sachs After years of standing on the sidelines while other sectors ran the ball downfield, banks are finally back under center approaching the kickoff of Q1 reporting season. Sure, bank earnings were generally pretty good in Q4, but arguably all the […]