Merger and earnings news stirred European stocks on Monday, with broader markets quiet ahead of a key U.S. interest-rate decision this week.The U.K. FTSE 100 UKX, +1.04% added 1.09% to 7631.17, the German DAX DAX, -0.16% increased 0.11% to 12433.4 while the French CAC 40 PX1, -0.21% fell 0.06% to 5606.85.
“The key question facing investors now is whether the Fed can get away with a small number of ‘insurance’ cuts or whether it will be pushed towards a more fundamental loosening of policy,” said Neil Shearing, group chief economist at Capital Economics, which sees 75 basis points of Fed cuts over the next six months.
The London Stock Exchange Group LSE, +15.02% shares jumped 15% as the exchange operator confirmed it’s in talks to buy Refinitiv, owned by Blackstone BX, +0.04% and Thomson Reuters TRI, +4.37% , in a $27 billion deal to bulk up its offerings of financial data and infrastructure. Deutsche Boerse DB1, -2.08% shares fell 1.4% in Frankfurt, as the company said it now doesn’t expect its talks to buy certain currency business units from Refinitiv to succeed.
Ryanair Holdings shares RYAAY, -0.39% RY4C, +1.00% rose 1.4% as the low-cost carrier maintained its annual outlook as it reported a 21% drop in fiscal first-quarter profit.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LSE-Refinitiv deal faces long antitrust review: sourcesU.S. buyout fund Blackstone Group Inc is expected to announce the merger of its ... Afte First of November 2019 LSE became ASE ( Abyss Stock Exchange)
Source: Reuters - 🏆 2. / 97 Read more »
The (Cheapest) European Countries For AmericansThanks to a strong dollar and cheap airfare, these European destinations are a relative steal for summer 2019. Why not in Pakistan hmmmm Your American dollars can go even further by visiting Central American countries and at the same time help their economy, create more jobs in the tourism business. Wake the fluck up.
Source: Forbes - 🏆 394. / 53 Read more »
How $220 Billion Of Dirty Money Is Laundered Through EuropeAn investigation by Channel 4 and The Sunday Times found advisors boasting how they could offer U.K. citizenships to characters linked to dubious politicians and businesses. But experts say there are easier ways to launder dirty money in Europe. Maybe it's something like £260 billion for the fuel company we're talking about. 95% Dirty money belongs to people in power, hence its movement in the system is like piece of cake ! Because the European Union of course they are all money chasing douchebags
Source: Forbes - 🏆 394. / 53 Read more »
China's Investments In Africa: What The Data Really Say, And The Implications For EuropeChina has clearly signaled to Europe that it does not shy away from involvement in Africa, historically Europe’s area of influence. But the nature of China’s direct investment flows to the continent will have to change if they are to prove sustainable. This is Chinese colonisation World Domination forbes china making moves
Source: Forbes - 🏆 394. / 53 Read more »
The World's Fastest Trains: Asia, Europe, Africa And The Middle East Are Speeding Past The U.S.The fastest trains in the world run in Asia, Europe and now Africa. Even Saudi Arabia now has a bullet train. Only because we have a slow ignorant president. Oh no what are we going to do without a high speed rail system that nobody would use anyway? 💁🏻♂️ Hey Forbes,middle east is part of Asia.i see redundancy in your article.
Source: Forbes - 🏆 394. / 53 Read more »