Live news: on facebook Live news: on whatsapp Live news: on facebook Live news: on whatsapp Citigroup said fees in its Wall Street businesses of arranging stock and bond offerings and advising on mergers and acquisitions are on track to increase 20 per cent in the three months that ended September.
The tech-heavy Nasdaq Composite rose by the same amount. All but one Magnificent Seven Big Tech stock advanced, with Alphabet dipping as the US justice department kicked off an antitrust trial andBrent crude, the international oil benchmark, rose 1.1 per cent to $71.84 a barrel after closing on Friday at its lowest since 2021.
Traders sold two-year Treasuries, bringing the yield up slightly to 3.67 per cent. Ten-year Treasuries moved in the opposite direction, with a rally in the debt instrument pushing its yield down to 3.7 per cent. The PTI has faced repression from the government and security forces, including raids on its party headquarters and threats to ban the party entirely, for its anti-military stance.
“The cancer journey is complex, scary and unpredictable for everyone, especially those closest to you,” she said. “Doing what I can to stay cancer-free is now my focus.”Share $Princess of Wales says she is ‘cancer free’ following treatment on X “Without high-quality audits, investors won’t receive complete and truthful financial disclosures,” SEC chair Gary Gensler said, and “without strong quality control systems, auditors can’t consistently conduct high-quality audits”.Share $US audit firms ordered to bring in outsiders to oversee quality on X
US stocks steadied early on Monday following their biggest week’s losses in more than a year, as investors debate how aggressively the Federal Reserve is likely to lower interest rates later this month. Northvolt said on Monday that it would pause its cathode active material production, selling one site and buying instead from Chinese or Korean companies, as well as seeking a buyer or partner for its energy storage business based in Gdańsk, Poland.
Key recommendations include relaxing competition rules to enable market consolidation in sectors such as telecoms; integration of capital markets by centralising market supervision; greater use of joint procurement in the defence sector; and a new trade agenda to increase the EU’s economic independence.
In the US, contracts tracking Wall Street’s S&P 500 and the tech-heavy Nasdaq 100 rose 0.5 per cent and 0.7 per cent ahead of the New York open. The dollar rose 0.3 per cent against a basket of six other major currencies.Share $Markets update: European stocks and Wall Street futures rise on X Share $Discounter Aldi’s UK operation posts strongest ever sales growth on Facebook Lloyds Bank and developer Barratt have formed a new venture with the government housing agency Homes England to plan large-scale residential projects of thousands of homes.
Hong Kong’s Hang Seng index declined 2 per cent. Chinese electric-car maker Nio rose as much as 14.6 per cent after analysts at Jefferies and Citi forecast upbeat sales growth. Share $Tech lender China Renaissance’s shares fall to all-time low on Facebook Chinese home appliance maker Midea Group is launching a $3.5bn share offering in Hong Kong, which would be the territory’s largest listing in more than three years.
Share $Markets update: Asian stocks fall after mixed US jobs data on Facebook The retail chain’s flotation in Kuala Lumpur with a $531mn IPO marks the 34th listing in Malaysia this yearGrocery chain 99 Speed Mart Retail, Malaysia’s largest initial public offering in seven years, opened as much as 12 per cent higher on its Monday debut.
In a statement on Monday morning, Couche-Tard said that it was prepared to enter into “collaborative and friendly discussions” with the 7-Eleven owner for a deal that would, if completed, be the biggest buyout of a Japanese company by a foreign entity.Last week, a special committee set up to examine the bid unanimously rejected Couche-Tard’s approach, a proposal it said significantly undervalued the Japanese company.
The board of the holding company, which is chaired by private equity executive Harvey Schwartz and includes Labour party grandee Lord Peter Mandelson, was scrambling over the weekend to shore up the confidence of regulators and customers in the fledgling bank.