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Market News
March 11, 2021
CVC to Invest As Much As $509 Million in Six Nations Rugby
CVC Capital Partners will pay as much as 365 million pounds ($509 million) for a stake in Six Nations Rugby, the body that oversees Europe’s main...
March 11, 2021
HSBC Germany Head Von Schmettow to Be Replaced by Salsano
HSBC Holdings Plc’s Germany head Carola von Schmettow is leaving the bank after the British lender announced a stronger focus on its business in...
March 11, 2021
India’s Biggest Jeweler IPO Opens Next Week as Economy Recovers
Kalyan Jewellers India Ltd. will start an initial share sale next week in a bid to raise as much as $161 million -- largest among Indian jewelers --...
March 11, 2021
State Street Steps Up Buying of Top-Rated CLO Debt in Europe
State Street Corporation has stepped into the European CLO market recently bolstering demand for triple-A rated paper.
March 11, 2021
IG Group Stock Trading Revenue Jumps 600% Amid Reddit Frenzy
IG Group Holdings Plc’s stock trading and investment sales surged more than 600% in its latest quarter, amid the wave of retail traders organizing...
March 11, 2021
China Targets Stable Growth With Focus on New Jobs, Li Says
China is prioritizing stable economic growth and the creation of new jobs as it’s main goals for 2021, with the nation needing sustainable...
March 11, 2021
Michael Pettis on Persistent Imbalances in Post-Pandemic China
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March 11, 2021
John Lewis Partnership Reports First Annual Loss in History
John Lewis Partnership Plc reported its first-ever annual loss, hit by 648 million pounds ($904 million) of costs linked to restructuring and the...
March 11, 2021
Here’s How EU Could Take Brexit Legal Action Against the U.K.
The European Commission is preparing to take legal action against the British government in coming days over its failure to keep promises it made in...
March 11, 2021