The Turkish lira weakened 1% against the dollar on Monday, after earlier spiking to a record low in light overnight trade, amid concern about the Azeri-Armenian conflict and despite central bank efforts to boost the currency with a rate hike.
Five investors have been removed from the United Nations-backed Principles for Responsible Investment, in the first such move by the group for those failing to meet its minimum requirements.
Euro zone bond yields held steady in early trading on Monday as investors balanced optimism about signs of a strengthening economic recovery in China with a rising tally of COVID-19 cases that could lead to more lockdown measures. [nL4N2GO0QV]
The Bank of England and the European Union's securities watchdog said on Monday they have agreed on the information-sharing arrangements needed for the bloc's banks to continue using clearing houses in London from January to June 2022.
French utility group Veolia said on Monday it would improve its 2.9 billion euro ($3.37 billion) offer to buy the bulk of Engie's stake in smaller rival Suez by Sept. 30.
UK stockbroker and corporate adviser Numis Corp said on Monday it expects its full year profit to be "materially higher" than last year as it benefits from a rise in capital raising volumes and deal fees.
Cleveland-Cliffs Inc, the largest U.S. producer of iron ore pellets, said on Monday it had agreed to buy the U.S. assets of world's largest steelmaker ArcelorMittal SA for about $1.4 billion.
Investment company Stena Adactum and private equity firm Altor launched a recommended cash bid for Gunnebo on Monday, valuing the security products maker at around 2.4 billion Swedish crowns ($263 million)
British newspaper publisher Reach said on Monday it had seen a strong recovery in digital advertising in the third quarter, resulting in a year-on-year revenue decline for the quarter of 15.0% compared to a 27.5% drop in the second.
U.S. casino operator Caesars Entertainment said on Monday it was in advanced talks with William Hill about a possible cash offer that values the British bookmaker at about 2.9 billion pounds ($3.70 billion).
(RTTNews) - Diageo Plc (DGE.L, DEO) said it has made a good start to fiscal 2021, with sequential improvement in its performance across all regions. For the first half of fiscal 2021, the Group continues to expect sequential improvement in organic net sales and operating profit
Philippine oil and shipping group Udenna Corp on Monday expressed interest in acquiring Royal Dutch Shell PLC's 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC).
Chinese investors are pouring into newly-launched mutual funds targeting Ant Group's upcoming initial public offering, underscoring strong demand for technology shares at a time when Chinese tech firms are facing increasing U.S. scrutiny.
(RTTNews) - Cleveland-Cliffs Inc. (CLF) announced Monday that it has entered into a definitive agreement with ArcelorMittal S.A. (MT) to acquire substantially all of ArcelorMittal USA LLC for approximately $1.4 billion.
An Airbus SE high-altitude surveillance and communications drone broke up in flight after its launch in September 2019 because of unstable weather conditions, the Australian Transport Safety Bureau (ATSB) said on Monday.
Siemens does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy on Monday, a source close to the company said.
Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush to dump UK assets.
Checked
29 minutes 55 seconds ago
This feed is responsible for generating the rss feed related to the topic latest article