Tag: STOXX 600
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UBS buys Credit Suisse, news, stocks
43 minutes ago European bank shares fall 40 minutes ago European stock markets open lower European equities were lower at the start of trading as investors assessed a weekend of news that resulted in UBS acquiring Credit Suisse. The Stoxx 600 index was down 1.4% at 8:30am London time, with losses across the major stocks […]
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HSBC buys Silicon Valley Bank UK
7 minutes ago British bank HSBC acquires Silicon Valley Bank UK British bank HSBC is acquiring Silicon Valley Bank UK Limited, the Bank of England reports. The Bank of England said the action was taken “to stabilize SVBUK, ensure continuity of banking services, minimize disruption to the UK technology sector and support confidence in the […]
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stocks, data, news and earnings
8 minutes ago Commerzbank shares are up 4% as the bank re-enters the German DAX Shares of Commerzbank skyrocketed in early trading after Germany’s second-largest lender rejoined the country’s DAX blue-chip stock index. 41 minutes ago European markets open higher The European Stoxx 600 index rose 0.8% shortly after Monday’s open, with all sectors positive. […]
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stocks, news, data and earnings
4 minutes ago UK taxes will be cut “as soon as we can afford it,” says the Chancellor of the Exchequer UK Chancellor of the Exchequer Jeremy Hunt said on Friday the government will try to cut taxes “as soon as we can afford it”, following pressure from some lawmakers in his own party to […]
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stocks, data, earnings and news
3 hours ago Consumer confidence in the eurozone rose in February Eurozone consumer confidence rose in February, according to a preliminary estimate by the European Commission. Confidence rose 1.7 points from January to -19.0. The estimate was in line with analysts’ forecasts from Reuters. Although consumer confidence has improved for four months in a row, […]
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UK stock index FTSE 100 closes above 8,000 for the first time
Despite the UK facing the weakest economic growth prospects of any of the world’s major economies, including Russia, the country’s blue chip index hit record highs this week. In addition to the near-term market factors catalyzing investment flows into UK equities, analysts see more structural shifts in investor behaviour. “Boring is the new sexy. With […]