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Lagos, South Africa and New York
Wednesday, September 23, 2020

European stock markets rally after global sell-off; Fresenius SE shares tank 10%

Sam Meredith, CNBC The pan-European Stoxx 600 was up over 1.3 percent during mid-morning deals, with all sectors and major bourses in positive territory. Market focus is largely attuned to tensions between the world’s two largest economies, after...

European stocks mixed on earnings, new trade tariffs; Nokian Renkaat jumps 3%

The U.S. said it will impose further tariffs on Chinese goods starting August 23, 2018. It is expected that 25 percent import taxes are going to applied to about $16 billion of annual imports. Elsewhere, the pound was under pressure due to Brexit uncertainty. Silvia Amaro | Ryan...

UK stocks fall as monetary tightening spurs selloff

FTSE 100 down 0.7 pct * Consumer staples lead losses as bond proxies suffer * Restructuring, job cuts send Rolls Royce up 3 pct * Pearson hit by Barclays downgrade * Aveva jumps 12 pct after results By Helen Reid LONDON, June 14 - Britain’s major stock index tumbled...

European Stocks Rise, Ending Worst Seven-Day Selloff Since 2016

Equities widened rally as U.S. peers rose for second day Citi says 6.9% selloff over seven days opens good entry point European stocks advanced for the first time in eight days after the biggest rout since the Brexit...

U.K. stocks rise for 2nd straight day after softer-than-expected inflation data

London-listed stocks rose for a second straight session on Tuesday, as the pound tanked after data showed U.K. inflation unexpectedly stayed unchanged in July. The FTSE 100 index UKX, +0.52%  climbed 0.2% to 7,369.16, adding to a 0.6% advance from Monday. The index was already trading...

Nigeria’s First Diaspora Bond Starts Trading On London Stock Exchange

Highlight Nigeria raises $300 million through first Diaspora Bond Retail bond aimed at Nigeria’s global expatriate community seeking to invest in the country’s development Offer 130% subscribed demonstrating confidence in Nigeria’s economy ...

Europe stocks rise but bond yield falls show investor caution

By Nigel Stephenson | LONDON European shares rose on Tuesday, shrugging off falls on Asian bourses, but low-risk government debt yields fell as investors fretted about a meeting between the U.S. and Chinese presidents and Donald Trump's ability to deliver economic stimulus. The dollar edged up...

Second quarter off to a firm start for stocks as Trump-Xi meeting looms

By Dhara Ranasinghe | LONDON World stock markets and the U.S. dollar started the second quarter on a positive note on Monday, although caution also set in as the first meeting between U.S. President Donald Trump and China's Xi Jinping loomed. European shares opened broadly higher...

58 Nigerian companies among fastest growing in Africa, says London Stock Exchange

The London Stock Exchange Group (LSEG) on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa. The report published on the LSEG website-www.lseg.com in London and accessed by the News Agency of Nigeria (NAN) in Abuja, identified...

Shares fall, dollar dips versus yen after Trump travels curbs

By Nigel Stephenson | LONDON Shares fell in Europe and Asia on Monday and the dollar dipped against the yen after immigration curbs introduced by Donald Trump added an extra layer of uncertainty to the economic impact of the new U.S. president's policies. Wall Street appeared...
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