FILE PHOTO: The Bombay Stock Exchange (BSE) building is seen in Mumbai, India, January 31, 2020. REUTERS/Francis MascarenhasBENGALURU (Reuters) – Indian shares were flat on Wednesday as losses in power transmission firms, including NTPC and Power Grid Corp, were countered by telecom stocks on hopes that measures on the telecom sector will be discussed at a cabinet meeting. The blue-chip […]
Read moreMarkets are ‘having their cake and they’re eating it too’: Katz UBS managing director and senior portfolio manager Jason Katz provides insight into market trends. Like summer surfers, stocks have continued to zoom past the dangers. And fund investors are willing to ride it out. The series of records for stock indexes has been fueled by robust buying from individuals. […]
Read moreMADRID (Reuters) – Spain’s healthcare regulator approved on Tuesday a third dose of COVID-19 vaccines for people with severely compromised immune systems who are likely to have weaker protection from the conventional two-dose inoculation schemes. The so-called booster shot should be administered 28 days after the previous one in some cases, and preferably the same type of vaccine is to […]
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MOSCOW (Reuters) – Russian car-sharing company Delimobil and real estate database Cian are hoping to raise around $350 million each in U.S.-based initial public offerings this autumn, financial market sources said on Tuesday, leading the Russian IPO charge in New York.FILE PHOTO: A taxi car drives by Delimobil branded vehicles amid the outbreak of the coronavirus disease (COVID-19) in Moscow, […]
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FILE PHOTO: A taxi car drives by Delimobil branded vehicles amid the outbreak of the coronavirus disease (COVID-19) in Moscow, Russia May 20, 2020. Picture taken May 20, 2020. REUTERS/Maxim ShemetovMOSCOW (Reuters) – Russian car-sharing company Delimobil could raise around $350 million in an initial public offering in the United States this autumn and has picked banks to arrange the […]
Read moreSept 7 (Reuters) – Spain was set to launch its first ever green bond on Tuesday, leading a flurry of such issuances expected in September. The 20-year bond sale will raise 5 billion euros, according to IFR, in line with expectations laid out by the Spanish Treasury in an investor meeting in July. The deal received initial demand of 38.5 […]
Read more* Bond yields hold near multi-week highs * Euro Zone 5y5y break even inflation at 3-yr high * All eyes on ECB meeting this Thursday (Updates prices, adds details) LONDON, Sept 6 (Reuters) – Euro zone sovereign bond yields were stuck around seven-week highs on Monday amid rising expectations of inflation as markets remained on edge over a possible slowdown […]
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LONDON (Reuters) – Oil prices were little changed on Monday as gains on production outages after Hurricane Ida were tempered by Saudi Arabia’s sharp cuts to crude contract prices for Asia, reviving concerns over the demand outlook.FILE PHOTO: General view of Aramco tanks and oil pipe at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May […]
Read moreJOHANNESBURG (Reuters) – South Africa’s RCL Foods will separate its chicken, sugar and logistics businesses and consider either a listing, disposal or joint venture next year, CEO Miles Dally said on Monday. RCL, which owns the Selati sugar, Ouma rusks and Rainbow chicken brands, has been reviewing its portfolio to assess whether it is configured to deliver sustainable earnings and […]
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