equity
Top StoriesBond Yields Snap 4-day Rising Streak, Offer Respite to Stocks
Top StoriesEbrd Warns War in Ukraine Will Impact 2022 Finances, After Record Profit
Top StoriesEuropean Equity Funds Had Outflows for First Time in Two Years in March
Top StoriesThe Apple Entrepreneur Camp for Black Founders and Developers – What Can Other Tech Programmes Learn From Apple’s Approach?
HDFC Bank’s $40 Billion Deal May Face Regulatory Hurdles Due to Insurance Ops – Analysts
Date: April 5, 2022
By Nupur Anand MUMBAI (Reuters) – India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the...
Industrials and Leisure Stocks Boost UK Shares Higher; Ted Baker Rallies
Date: April 4, 2022
By Sruthi Shankar and Devik Jain (Reuters) – Gains in industrials and leisure stocks drove Britain’s share indexes higher on Monday, with investors closely tracking developments around the Russia-Ukraine crisis, while fashion retailer Ted Baker jumped after launching a formal sale process. The blue-chip FTSE 100 closed up 0.3%. Drugmaker AstraZeneca rose 0.7, while precious...
Stocks Stall as West Considers More Sanctions Against Russia
Date: April 4, 2022
By Julien Ponthus LONDON (Reuters) – Global equity markets made a cautious start on Monday amid talk of more sanctions against Russia over its invasion of Ukraine, while a closely watched part of the U.S. yield curve fuelled recession worries further. Germany said the West would agree to impose more sanctions on Russia in the...
Consumer Staples Lift UK’s FTSE 100 to Fourth Week of Gains
Date: April 1, 2022
By Devik Jain (Reuters) -London’s FTSE 100 rose on Friday and marked its fourth consecutive weekly gains with consumer staples and miners leading advances, while sports good retailer Frasers jumped after unveiling a new share buyback plan. The blue-chip FTSE 100 closed 0.3% higher, with Reckitt Benckiser Group climbing 3.1% after Barclays raised its price...
Moscow Says Firms’ Foreign-Listed Depositary Receipts Will Be Forced to Return to Russia
Date: April 1, 2022
(Reuters) – Russian companies whose depositary receipts are traded abroad will be obliged to return to Russia, unless other solutions arise, Economy Minister Maxim Reshetnikov said on Friday. Several major Russian companies have listings abroad, which has always been a matter of prestige for them. But since Russia began what it calls a “special military...
UniCredit Completes Sale of Turkey’s Yapi Kredi
Date: April 1, 2022
MILAN (Reuters) – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said on Friday. The transaction, which was announced in November, allows the Italian bank to complete its exit from Turkey’s third-biggest lender, UniCredit said without disclosing financial terms of the...