Category: Markets
SocGen targets dealmaking to boost investment bank
Societe Generale said on Monday it plans to revamp its corporate and investment banking businesses by shifting resources into dealmaking and reducing [...]
Britain’s Greggs raises profit outlook after trading recovers
British bakery and fast-food chain Greggs on Monday raised its profit outlook, saying it could be around 2019's record levels, after a strong recovery [...]
Stocks on track for first weekly gain in three, commodities soar
World stocks headed for their first weekly gain in three amid a surge in commodity prices, while traders braced for a U.S. jobs report later on Friday [...]
Fed Risk Warning, Payrolls, Energy Transfer Windfall – What’s Moving Markets
The Federal Reserve starts to get nervous about high asset prices and leverage, nonfarm payrolls are expected to hit nearly 1 million in April, and st [...]
Blackstone proposes $1.68 billion buyout of UK’s St. Modwen Properties
Private equity firm Blackstone (NYSE:BX) Group has made a 1.21 billion pound ($1.68 billion) buyout proposal for St. Modwen Properties, the companies [...]
British Airways owner IAG expects travel recovery from July
British Airways owner IAG (LON:ICAG) is confident travel will recover from July onwards after forecasting only a minimal increase in its capacity to 2 [...]
Adidas shrugs off China boycott call to raise outlook
German sportswear company Adidas (DE:ADSGN) shrugged off Chinese calls in March for a boycott of its products and raised its 2021 sales forecast on Fr [...]
FTSE 100 set for best week since April on recovery hopes
London's FTSE 100 rose on Friday and was on track for its best weekly performance in a month, as hopes of a stronger economic recovery powered energy [...]
John Laing shares rally after receiving takeover interest
Shares in infrastructure investment company John Laing Group (LON:JLG) soared higher on Thursday afternoon after the company confirmed it is in discu [...]
Air France-KLM falls further into red as European recovery lags
Air France-KLM sales are showing little sign so far of the travel recovery it still hopes to see by summer, the airline group said on Thursday, as it [...]