Fortum To Offer NOK 47 Per Elmera Share In Cash
Fortum Oyj OMXHEX:FORTUM:
Fortum Oyj OMXHEX:FORTUM:
Ipsen SA EURONEXT:IPN:
Sandoz Group AG SIX:SDZ:
Sumitomo Heavy Industries Ltd TSE:6302:
ROCHE HOLDING AG SIX:RO:
By Duncan Miriri and Nqobile DludlaAfrican banks including Egypt's Commercial International Bank (CIB), Nigeria's Access Bank and South Africa's Nedbank are seeking to expand in Kenya, but competition from the country's entrenched domestic lenders is limiting their returns.Kenya's appeal lies in it…
RBC Capital Markets has raised its 12-month target for the S&P 500 CBOE:SPX index to 8,150 from 7,900 on Monday, citing that earnings strength and a supportive macro backdrop will drive further gains in U.S. stocks.The new target implies a roughly 10.8% upside from the close of 7,353.95 points on F…
Korea Investment Holdings Co Ltd KRX:071050:
Low-altitude economy-related stocks fell in mainland China on Monday, as investors reassessed safety and regulatory risks for the nascent sector after a light aircraft crashed into Beijing's tallest building last week.
Indonesia's senior deputy central bank governor Destry Damayanti said on Monday that Bank Indonesia will use all its instruments to maintain liquidity and help stabilise the rupiah.Destry made the remark after the central bank, finance ministry, and government economic advisors met at parliament.
IPark Hyundai Development Co KRX:294870:
By Junko FujitaJapanese government bond (JGB) yields rose on Monday as concerns over inflation intensified after local media reported the government may push the Bank of Japan to align its decisions with Prime Minister Sanae Takaichi's pro-growth economic agenda.Here are a few details:
Anan Investment Holding PJSC ADX:ANAN:
-- Source link: https://tinyurl.com/53c2k8dp-- Note: Reuters has not verified this story and does not vouch for its accuracy
China is planning to launch its first sulphur futures contracts this year, sources said, in a push to help hedge against price swings and increase its pricing power in the global trade for a key material used in mining and agriculture.The Dalian Commodity Exchange could list the sulphur futures con…
Shares of India's Persistent Systems NSE:PERSISTENT slipped 8.1% on Monday, after the IT services firm offered to buy German firm Nagarro XETR:NA9 for 1 billion euros ($1.14 billion), according to Reuters calculations.The stock was trading at 4450 rupees, as of 10:11 am IST, its lowest level since…
China and Hong Kong stocks rose on Monday, led by consumer and healthcare shares, as investors rotated out of some artificial intelligence supply-chain names and into more traditional sectors.** China's blue-chip CSI300 Index SZSE:399300 edged up 0.1% by the lunch break, while the Shanghai Composit…
A look at the day ahead in European and global markets from Ankur BanerjeeThe halt to the latest tit-for-tat attacks in the Middle East spurred a twitchy reaction in markets as lingering unease over stretched tech valuations and the prospect of higher-for-longer rates compounded doubts about a ceas…
By Pablo SinhaGold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.Spot gold TVC:GOLD was down 0.6% at $4,062.89 per ounce, as of 0423 GMT. U.S. gold fut…