People wearing protective masks, following the coronavirus disease outbreak, are reflected on a screen showing stock prices outside a brokerage in Tokyo, Japan August 31, 2020. REUTERS/Kim Kyung-Hoon/File Photo
Bankers are talking about a swelling pipeline as firms accelerate listing plans. Europe will soon see German defence firm Hensoldt’s IPO; Russia’s Sovcomflot and Poland’s Allegro are also expected. In contrast, pantry staples company General Mills may post a 5% rise in revenue and a 10% jump in adjusted earnings on Wednesday, benefiting from consumers stocking up on essential groceries.
But interventions risk the wrath of the United States, which has Switzerland on a currency manipulation watchlist. And despite all efforts, the franc is not far off five-year highs versus the euro and 5-1/2 year peaks to the dollar.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: WSJ - 🏆 98. / 63 Read more »