Category: Markets

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SocGen targets dealmaking to boost investment bank

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

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

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

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

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 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

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

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

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 [...]
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