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Miners, Homebuilders Drag UKs FTSE 100 Lower

Wincanton hits record high on sweetened buyout offer Bunzl drops on 2024 operating margin warning FTSE 100 down 0.2, FTSE 250 off 0.1 Feb 26 Reuters UK39;s FTSE 100 edged lower on Monday as base metal miners lost ground on weak copper prices, while declines in homebuilders following the UK antitrust watchdog39;s investigation into the […]
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CommodityLinked Stocks Drag European Equities Lower

Bank of Ireland slides on weakerthanexpected forecast France39;s Iliad to take 1.3 bln stake in Sweden39;s Tele2 Zealand Pharma shares surge on liver disease drug trial data Euro zone, U.S. inflation data in focus this week Feb 26 Reuters European shares fell on Monday, led by a decline in commoditylinked stocks, while investors awaited key […]
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Japan Takes Taiwans Helping Hand on Long Road to Chip Revival

TOKYO, Feb 23 Reuters Chipmaker TSMC formally opens its first Japanese plant on Saturday, highlighting the Taiwanese firm39;s critical role in Tokyo39;s multibillion dollar efforts to reboot its oncemighty semiconductor manufacturing industry. That Japan turned to TSMC for help on an industry it once dominated reflects the Taiwan chipmaker39;s dominant position in the foundry business and […]
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German, Dutch Central Banks Post Big Losses, Warn of More

FRANKFURTAMSTERDAM, Feb 23 Reuters The German and Dutch central banks on Friday posted multibillion euro losses for 2023 and predicted more financial pain ahead, suggesting that they are unlikely to pay dividends into state coffers for years to come. The European Central Bank and some of its largest national affiliates are generating large losses, depleting provisions […]
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Allianzs Shrinking 63B Property Portfolio Becomes Less German

Office property allocation also reduced Shift underscores weakness in German and US real estate Fourthquarter profit nearly doubles FRANKFURT, Feb 23 Reuters Allianz39;s 58.4 billion euro 63.21 billion real estate portfolio is shrinking, becoming less devoted to offices and less German, underscoring troubles in the commercial property sector and the insurer39;s home market. The value of […]
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