TP ICAP, the world's biggest inter-dealer broker, on Friday agreed to buy electronic trading network Liquidnet for a revised price of between $575 million and $700 million and announced a $425 million rights issue to fund the purchase.
South Africa's rand opened higher on Friday, as hopes for U.S. stimulus spending lifted sentiment globally, encouraging investors to buy riskier assets in emerging markets.
European stock markets gained on Friday on rosy earnings forecasts from retailers Pandora and Zalando as well as drugmaker Novo Nordisk, with investors keeping an eye out for signs of fresh U.S. stimulus.
A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail blazing" and leapfrog private projects like Facebook Inc's Libra stablecoin.
Frontier market debt surged to a new record of 121% of GDP in the second quarter as governments scrambled to borrow to aid their recovery from the coronavirus pandemic.
(RTTNews) - Immunodiagnostic Systems Holdings plc (IDH.L), a specialty solution provider to the clinical laboratory diagnostic market, announced Friday the launch of automated assay to detect IgM SARS-CoV-2 antibodies.
Trans-Tasman rugby will enter a new era on Sunday as New Zealand host Australia in their Bledisloe Cup match, which is also the first test to be played since the novel coronavirus shutdown in March.
(RTTNews) - Marston's Plc (MARS.L) said the Competition and Markets Authority have cleared the proposed joint venture of the Group with Carlsberg. The antitrust condition to completion of the deal has now been satisfied. Marston's Plc said the transaction will complete at the en
The Reserve Bank of India left key interest rates unchanged on Friday as widely expected, while keeping policy accommodative to help pull the coronavirus-ravaged economy out of its worst slump in four decades.
Estee Lauder stock (NYSE: EL) is up 6% since the beginning of this year, but at the current price of around $218 per share, we believe that Estee Lauder stock has 10% potential downside.
More than 11% returns in the last 5 trading days while the S&P 500 barely moved – that’s what equipment rental company United Rentals’ (NYSE:URI) stock did for its investors. Defying the economic downturn, the stock is up 16% this year, maintaining its long-term upwa
Dish Network stock (NASDAQ: DISH) dropped 14% in the last one month to $28 currently. The decline was in line with the sell-off in the technology and cable industry over recent weeks. But will the company’s stock continue its downward trajectory over the coming weeks, or is
After a 75% rally since March 23, Splunk stock (NASDAQ: SPLK) looks fully valued based on its historic Price to Sales (P/S) multiples. Splunk, a big data solutions provider, has seen its stock rally from $113 to $198 off the recent bottom compared to the S&P which moved ar
(RTTNews) - European stocks may open flat to slightly higher on Friday as investors await more clarity on the likelihood of a new U.S. coronavirus relief bill.
Liberty Global cleared a key hurdle in its all-cash 6.8 billion Swiss franc ($7.43 billion) tender for Switzerland's Sunrise Communications, with provisional results on Friday showing an acceptance rate of nearly 82%.
Orange Belgium, a subsidiary of France's Orange, said on Friday it had selected Nokia's gear both for the renewal of its existing networks and the rollout of its future 5G network, confirming a Reuters story.
(RTTNews) - Liberty Global plc (LBTYA, LBTYB and LBTYK), a video, broadband and communications company, announced Friday that its unit UPC Schweiz GmbH has met the the minimum acceptance offer condition in the all cash, public tender offer to buy Swiss-based Sunrise Communicatio
China's banks are expected to have stepped up lending in September, although other forms of credit growth were likely stable with Beijing pledging a targeted approach to monetary policy as the economy emerges from the coronavirus crisis.
HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients make the transition, its Chief Executive Noel Quinn told Reuters.
Turkey's lira touched a record low against the dollar on Friday, as concerns lingered over the Caucasus conflict, possible U.S. sanctions, and tensions between Ankara and the European Union.