shares

Stocks recover from 4-week lows as focus switches back to post-pandemic growth

Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth,…

4 years ago

Morrisons leaps after rejecting $7.6 bln private equity bid

Morrisons (MRW.L) shares surged as much as 35% on Monday on hopes that U.S. private equity firm Clayton, Dubilier &…

4 years ago

Axiata, Telenor seal $15 bln deal to form Malaysia’s biggest mobile operator

Malaysian telecoms firm Axiata Group Bhd (AXIA.KL) and Norway’s Telenor ASA (TEL.OL) will merge their mobile operations in Malaysia in…

4 years ago

Boral sells U.S. products business after rejecting Seven bid

Australia's Boral Ltd (BLD.AX) said it would sell its North American building products business to a unit of NYSE-listed Westlake…

4 years ago

Explainer: Mystery behind slump in India’s Adani Group company shares

Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost…

4 years ago

Danish ‘meme stock’ Orphazyme plunges after drug setback

Orphazyme (ORPHA.CO) slashed its financial forecasts on Friday after U.S. health regulators rejected its key drug candidate, sending shares in…

4 years ago

Tesco’s UK sales growth slows as pandemic restrictions ease

Tesco's (TSCO.L) sales growth has slowed sharply since the easing of the latest coronavirus lockdown as people start to visit…

4 years ago

Asian shares up but set for weekly loss after hawkish Fed

Asian shares inched higher on Friday but were set for a weekly loss, while the U.S. dollar hovered near two-month…

4 years ago

Whitbread looks ahead to post-lockdown bounce in UK leisure demand

Premier Inn-owner Whitbread (WTB.L) said hotel bookings in its tourist locations picked up in the run-up to the summer season,…

4 years ago

Wall Street closes lower as Fed officials project rate hikes for 2023

The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications…

4 years ago