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Market News
October 29, 2021
Volvo’s Cut-Price IPO Marks One of Europe’s Biggest in 2021
Volvo Car AB gained in its trading debut in Stockholm that raised 20 billion kronor ($2.3 billion) in an initial public offering, as investors bought...
October 29, 2021
NatWest Beats Forecasts, Sees Positive Signs in U.K. Economy
NatWest Group Plc posted profit ahead of forecasts in the third quarter and said the strong U.K. economy was helping support its borrowers.
October 29, 2021
Tesla Takes Top Spot in Singapore Sedan Sales for First Time
Tesla Inc.’s Model 3 was Singapore’s top-selling sedan for the first time in September, as Elon Musk’s electric vehicle pioneer starts to make...
October 29, 2021
Nomura Profit Slumps 95%, Plans to Buy Back $440 Million Shares
Nomura Holdings Inc. said second-quarter profit slumped 95% and announced a plan to buy back 50 billion yen ($440 million) of shares after Japan’s...
October 29, 2021
Glencore Raises Trading Profit Outlook Again as Commodites Soar
Glencore Plc said its trading profits will exceed its target this year as the commodities giant continues to reap the benefit from soaring prices.
October 29, 2021
South Africa Will Offer Booster Covid-19 Shots From Next Month
South Africa’s government will offer booster Covid-19 shots to health workers next month and is planning incentives to improve vaccination rates.
October 29, 2021
FBI Chief Seeks More Help From Companies to Fight China Hacking
FBI Director Chris Wray urged companies to work more closely with law enforcement to stop foreign hacking, as he reiterated warnings about Chinese...
October 29, 2021
Japan Opposition Suggests, Then Denies, Taxing Tax-Free Accounts
The leader of Japan’s main opposition party did damage control two days ahead of a national election after a senior member floated removing the...
October 29, 2021
U.K. Household Stress, ECB Inflation Fears, U.S. Growth: Eco Day
Happy Friday, Europe. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:
October 29, 2021