Another day, another victory for activist U.S. investors in Europe. Merlin Entertainments (LON:MERL), the U.K.-based theme park operator famous for its Legoland parks and various London tourist attractions, has agreed to sell itself to a consortium including Blackstone Group (NYSE:BX) and the...
Here are the top five things you need to know in financial markets on Friday, June 28: 1. G20 kicks off in Japan, bilateral meetings to steal spotlight The meeting of G20 leaders is underway in Osaka, Japan with market focus on bilateral talks on the sidelines of the main event. The undisputed...
Amazon.com (NASDAQ:AMZN) has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone. On Thursday, Amazon added another alternative for U.S. customers: Walk into a nearby retailer and pick up an Amazon package over the...
Renewed trade optimism helped prop up European shares in early dealings on Thursday, after a report said the United States and China have reached a tentative truce ahead of a highly anticipated G20 summit this weekend. The South China Morning Post, citing sources, said Washington and Beijing...
European stock markets fell early on Wednesday, as bets on an aggressive half-point cut in U.S. interest rates collapsed following Wednesday’s message from Federal Reserve, soothed in part by strong results from chipmaker Micron Technology (NASDAQ:MU). Fed Chair Jerome Powell said on...
Binfinity looks like an interesting newcomer that has come out of stealth mode and is about to launch an Exchange Platform Token (EPT). Unlike many startups in the blockchain world that have yet to demonstrate even a proof of concept, Binfinity stands apart as a “Day One” exchange. The platform...
The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide toward 92 pence per euro by year-end, about 3% below current levels and a rate not seen in 21 months, according to...
Asian shares were haunted by trade anxiety Tuesday while the risk of more dovish talk from the Federal Reserve pushed down Treasury yields and the dollar, propelling gold to fresh six-year peaks. Investors are waiting anxiously to see if anything comes of Sino-U.S. trade talks later this week...
Stock markets in Asia inched higher on Monday on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, while oil prices bounced on political tensions between Tehran and Washington. European markets are set to trade generally higher, with the pan-region...
A profit warning from Mercedes-Benz maker Daimler dampened European stock markets early on Monday, as investors looked for direction to a keenly awaited G20 summit this week that brings U.S. and Chinese leaders together after a long lull in talks. Daimler AG’s shares dropped 3% after it...
