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China’s Wanda Sports raises $190.4 million in downsized IPO

China’s Wanda Sports raises $190.4 million in downsized IPO

Wanda Sports Group, wrestling to become a distributor of media rights in Asia for FIFA Men’s World Cup, had priced a smaller-than-anticipated IPO (Initial Public Offering) in the United States to raise roughly $190.4 million

London Stock Exchange seeks to buy Refinitiv for $27 billion

London Stock Exchange seeks to buy Refinitiv for $27 billion

On Friday, the 26th of July 2019, the London Stock Exchange Group Plc. had issued a public statement saying that it had been looking to acquire financial data analytics provider, Refinitiv Holdings Ltd. at a $27bn buyout deal

Indian government brings down GST on e-vehicles to 5% from 12%

Indian government brings down GST on e-vehicles to 5% from 12%

The decision was taken during the GST-Council meeting involving the country's financial minister Nirmala Sitharaman

Lead gains for third straight week as supply outage rubs out stockpiles

Lead gains for third straight week as supply outage rubs out stockpiles

On Friday, the 26th of July 2019, price of Lead, the metallic-grey heavy metal used widely in car batteries and high-tech facilities to protect radiation, posted gains for third straight week in a row

Deloitte to set up Italy’s €500 million real estate fund to ramp up profits

Deloitte to set up Italy’s €500 million real estate fund to ramp up profits

Italy's finance ministry had decided to pick up NY-based consultancy firm, Deloitte Touché Tohmatsu Limited, widely dubbed as Deloitte, as its financial adviser in order to set out a €500 million real estate fund

Gazprom receives bids worth of $3.15 billion for 3% of its shares

Gazprom receives bids worth of $3.15 billion for 3% of its shares

On Thursday, the 25th of July 2019, thirty-year-old public joint stock company, Gazprom, said that the company had received bids worth of $3.15 billion or 198.89 billion roubles for 3 percent of its stakes.

Aramco's investment in RIL's refinery operations still on the cards

Aramco's investment in RIL's refinery operations still on the cards

According to Saudi Arabia's energy minister Khalid al-Falih, the country-owned oil company could make inroads in the Indian petroleum and refinery sector

Upbeat chip stocks catapult S&P 500 & Nasdaq to record closure

Upbeat chip stocks catapult S&P 500 & Nasdaq to record closure

On Wednesday, the 24th of July 2019, both Standard & Poor 500 and Nasdaq had mushroomed to record closing highs on chip stocks’ rallies

European stocks flat ahead of high-stake ECB meet

European stocks flat ahead of high-stake ECB meet

On Wednesday, a majority of European bourses had been hovering near a two-week high, as a downslope slide of commodity stocks amid an uncertain trade outlook and ramped up geopolitical bubbles had offset gains of chip and auto stocks

Indian stock markets plummet after IMF reduces growth prospects

Indian stock markets plummet after IMF reduces growth prospects

The National Stock Exchange fell by around 0.53% while the Bombay Stock Exchange fell by around 0.36%

Earnings’ & trade hope waft Wall St. towards record high

Earnings’ & trade hope waft Wall St. towards record high

On Tuesday, the 23rd of July, all three key indexes of Wall Street had added robust gains over optimism of a resumption of US-China trade talk as early as by next Monday (July 29th)

Automakers, strong earnings’ mount European shares to two-week high

Automakers, strong earnings’ mount European shares to two-week high

On Tuesday, a majority of European bourses had winded down the day in fine fettles, while a strong upsurge of automotive alongside upbeat earnings’ reports of top European lenders had heaved up regional STOXX 600 index to a two-week high

Tech lifts Wall St. higher ahead of high-profile earnings’,Europe barely up

On Monday, the 22nd of July 2019, all three key indexes of Wall Street had nailed up gains at the beginning of a heavyweight earnings’ week, as investors’ optimism bucked up of potential progress on Sino-US trade talks.

Gulf bourses fall as Tehran tension mounts in Middle East

Gulf bourses fall as Tehran tension mounts in Middle East

On Sunday, the 21st of July 2019, in the wake of growing angsts in the Gulf following seize of a British flag carrier by Iran amid US sanctions on its crude oil exports, a majority of stock indices fell in the Middle East

Wall St. plummets after Fed signals smaller rate cut

Wall St. plummets after Fed signals smaller rate cut

On Friday, the 19th of July 2019, after hovering in a positive territory for most part of the day, all three key indexes of Wall Street had botched to hold on to the gains after release of a Fed report at the later part of US trading session

Fed’s rate cut signal reinforces hopes in European indices, AB InBev jumps

Fed’s rate cut signal reinforces hopes in European indices, AB InBev jumps

On Friday, a basket of European shares had wrapped up the day in an affirmative territory, following the leads of yesterday’s (July 18th) Wall St. gain, after a Federal Reserve Official had paved the way for an aggressive rate cut policy

BSE, Nifty crash as Yes Bank's quarterly margins dip

BSE, Nifty crash as Yes Bank's quarterly margins dip

European stocks also bore the brunt of SAP's quarterly waning, on Thursday

Global stocks slump on trade, dauting quarterly earnings’

Global stocks slump on trade, dauting quarterly earnings’

On Wednesday, the 17th of July 2019, a gauge of global stocks had rounded off the day deep in the reds for second straight session, while US treasury yields had fallen, as trade concerns had begun to temper investors’ nerve

Europe rises despite windswept German mood, Brexit plummets pound

Europe rises despite windswept German mood, Brexit plummets pound

On Tuesday, an unprecedented blackening of German investors’ morale alongside fresh Brexit woes had led to a hesitant start to European bourses, while the British currency had plunged to a fresh six-month-low

Wall St. treads water after mixed bank earnings

Wall St. treads water after mixed bank earnings

On Tuesday, all three key indexes of Wall St. had shown little response following mixed earnings of major US lenders, while share prices of major banks had been swaying between greens and reds

China data soothes global markets, Wall St. braces for new earnings season

China data soothes global markets, Wall St. braces for new earnings season

On Monday, the 15th of July 2019, an upbeat economic resonance out of China which came out of the blue and surprised analysts and economists all over the world, had lifted the global shares to an 18-month-high

Wall St. hangs around all-time-highs, as rate-cut optimism lingers

Wall St. hangs around all-time-highs, as rate-cut optimism lingers

On Friday, the 12th of July 2019, all three key indexes of Wall Street had posted record closing highs, as reinforced expectation of an aggressive rate cut following last Wednesday’s (July 10th) FOMC minutes had been cheering the financial markets

S&P, Dow extends record highs, as financials, health insurers gain

S&P, Dow extends record highs, as financials, health insurers gain

On Thursday, the 11th of July, all three key indexes of Wall Street had wrapped up the day higher, while the financial market in United States was expected to open higher on Friday (July 12th) as well

Global shares flat as investors stomach China data,dollar falls for 3rd day

Global shares flat as investors stomach China data,dollar falls for 3rd day

On Friday, a gauge of global shares had been just a notch shy of posting their first weekly loss since May, as investors had been digesting another set of slanderous China data pointing towards a beginning of an end of global financial expansion.

Europe ends lower as Fed-optimism short-lived, trade tension drags on

Europe ends lower as Fed-optimism short-lived, trade tension drags on

On Wednesday, the 10th of July 2019, a stack of European stock exchanges had wrapped up lower for straight four sessions in a row, as global trade tensions alongside an upcoming EU-US trade spat had overshadowed downbeat comments of Fed Chair.

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