British Equities Dip ahead of Slew of Economic Data

FTSE 100, FTSE 250 down 0.3 each MG Plc up after JP Morgan upgrades stock to overweight UK wages data due Tuesday, GDP figures due Wednesday June 10 Reuters London stocks fell on Monday as investors were spooked by a snap election called by French President Emmanuel Macron, while they awaited key domestic economic data this week. […]
Read More

Euro and French Markets Roiled by Shock Macron Election Call

Euro falls to lowest in a month Eurosceptic nationalists gain in EU election French President Macron risks losing domestic control French bonds, stocks hit LONDONSINGAPORE, June 10 Reuters The euro tumbled, while French bonds and stocks were hit hard on Monday, following French President Emmanuel Macron39;s decision to call a snap parliamentary election after being trounced in […]
Read More

South Africa Heads for Coalition as ANC Support Plunges

Governing ANC faces worst result since end of apartheid President Cyril Ramaphosa39;s leadership in question ANC will need to seek coalition partners to govern Parliament will elect the next president MIDRAND, South Africa, May 31 Reuters South African parties geared up for coalition talks on Friday as the governing African National Congress ANC looked set to fall […]
Read More

Bain Capital to Take PowerSchool Private in 5.6 bln Deal

June 7 Reuters Buyout firm Bain Capital will take PowerSchool Holdings private in a deal valuing the educationsoftware provider at 5.6 billion, PowerSchool said on Friday. Bain Capital will pay 22.80 per share in cash to PowerSchool shareholders. Existing investors Vista Equity and Onex will continue to have minority interest in the company after the deal […]
Read More

Sheins preIPO Charm Offensive Hits Roadblocks in Europe

LONDON, Reuters As online fastfashion retailer Shein ramps up its preIPO charm offensive in Britain, pushback is growing too from Europe39;s retail industry and lawmakers. As citizens of 27 countries vote in European Union elections, European manufacturers of fabric, clothes, leather goods and shoes this week called on future EU policymakers to protect the 1.5 million […]
Read More