Morning bid: Chinese consumers shut up shop
A look at the day ahead in European and global markets from Wayne Cole. China has kicked off the week with some uninspiring data as retail sales in November rose…
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VW labour representative hopes for compromise before Christmas
HANOVER, Germany (Reuters) – Volkswagen (ETR:VOWG_p) works council chief Daniela Cavallo is hoping for a good compromise this year in the German carmaker’s row with workers over cost-cutting, she said…
Bitcoin buyer MicroStrategy jumps on Nasdaq 100 entry
By Medha Singh (Reuters) -MicroStrategy shares rose 6% in premarket trading on Monday as the software company and bitcoin buyer was set to join the tech-heavy Nasdaq 100 index that…
Global equities net bought for a second straight week: Goldman Sachs
Investing.com — Global equities experienced net buying for a second consecutive week, with long positions outpacing short sales by a ratio of 1.9 to 1, Goldman Sachs said in a…
MicroStrategy stock surges on Nasdaq-100 inclusion announcement
Investing.com — MicroStrategy Incorporated (NASDAQ:MSTR) shares popped 6% in premarket trading Monday as investors welcomed the Friday announcement from the Nasdaq exchange operator that the stock will be added to…
CANAL+ begins trading in London
Investing.com — CANAL+ SA on Monday said that its ordinary shares have been admitted to the Official List of the Financial Conduct Authority (FCA) and are now trading on the…
Markets wary of Fed rate plans, China retail disappoints
By Wayne Cole and Alun John SYDNEY/LONDON (Reuters) -Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged…
Regulatory conditions on Novo Holdings’ $16.5 billion Catalent deal fulfilled, companies say
(Reuters) – All regulatory closing conditions related to Novo Holdings’ $16.5 billion acquisition of U.S. contract drug maker Catalent (NYSE:CTLT) had been fulfilled, the companies said on Saturday, adding that…
Iran currency slips to new lows amid U.S., Europe tensions
DUBAI (Reuters) – The Iranian currency extended its fall on Saturday, hitting a new all-time low against the U.S. dollar amid uncertainties about Donald Trump’s imminent arrival in the White…
Boston-based banks Berkshire Hills and Brookline in talks to combine, WSJ reports
(Reuters) – Boston-based regional banks Berkshire Hills (NYSE:BHLB) Bancorp and Brookline Bancorp (NASDAQ:BRKL) are in merger talks, the Wall Street Journal reported on Saturday, citing people familiar with the matter.…