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Sun Life Financial Completes Sale Of UK Arm To Phoenix Group
Sun Life Financial, Inc. (SLF, SLF.TO) announced Monday it has completed the sale of SLF of Canada UK Ltd. to Phoenix Group Holdings plc (PHNX.L).
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1261 days ago
Sensex, Nifty End Choppy Session Modestly Higher As Auto Stocks Surge
Indian shares ended modestly higher on Monday after a choppy session. Auto companies topped the gainers list after reporting encouraging sales for March.
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1261 days ago
Swiss Federal Agency Starts Probe On Credit Suisse Takeover
Switzerland's Federal Prosecutor has initiated an investigation into Credit Suisse Group AG's recent takeover by domestic rival UBS Group AG in the midst of the banking turmoil, reports said. The Swiss Attorney General's Office is looking into potential breaches of the country's criminal law in the government- supported takeover and is gathering evidence to identify possible crimes.
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1261 days ago
European Shares Rise As Energy Stocks Surge After Surprise OPEC Move
European stocks were seeing modest gains on Monday after the Federal Reserve's preferred gauge of inflation rose less than expected in February, boosting optimism policymakers might hit the pause button on rate hikes in May.
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1261 days ago
FTSE 100 Gains Led By Energy Stocks
U.K. stocks rose on Monday, with oil heavyweights rallying as a surprise announcement by OPEC+ and its allies to cut production lifted crude prices up more than 5 percent.
In economic releases, the March final manufacturing was finalized at 47.9, down from February's 7-month of 49.3.
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1261 days ago
CAC 40 Edges Higher Led By Banks
French stocks eked out modest gains on Monday after the Federal Reserve's preferred gauge of inflation rose less than expected in February, boosting optimism policymakers might hit the pause button on rate hikes in May.
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1261 days ago
DAX Little Changed As Manufacturing Data Disappoints
German stocks were little changed on Monday after Saudi Arabia and other major oil producers on Sunday announced an oil output cut of 1.16 million barrels per day in a surprise move to support prices.
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1261 days ago
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Asian Shares Mixed As Inflation Worries Return To Fore
Asian stocks turned in a mixed performance on Monday as a surge in oil prices brought inflation and rate hike worries back into focus.
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1261 days ago
Pound Little Changed After U.K. Manufacturing PMI
At 4.30 am ET Monday, UK S&P/CIPS manufacturing PMI data has been released. The pound changed little against its major rivals after the data.
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1261 days ago
Pound Strengthens Vs Most Majors Ahead Of U.K. Manufacturing PMI
At 4.30 am ET Monday, UK S&P/CIPS manufacturing PMI data is due. The final reading is forecast to match the preliminary estimate of 48.0.
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1261 days ago
Euro Little Changed After Eurozone PMI
At 4.00 am ET Monday, S&P Global has released euro area manufacturing PMI survey results. The euro changed little against its major rivals after the data.
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1261 days ago
China Manufacturing Activity Stagnates In March
China's manufacturing activity stagnated in March after expanding at the fastest pace in eight months largely due to weak foreign demand. The Caixin manufacturing Purchasing Managers' Index fell to 50.0 in March from an eight-month high of 51.6 in February, survey results from S&P Global showed on Monday.
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1261 days ago
Euro Rises Ahead Of PMI Reports
At 3.45 am ET Monday, S&P Global publishes Italy's manufacturing PMI data. Final PMI figures are due from France and Germany at 3.50 am and 3.55 am ET, respectively. At 4.00 am ET, S&P Global releases euro area manufacturing PMI survey results.
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1261 days ago
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