Markets

UK Overhauls Listing Rules to Attract More IPOs

July 14, 2024

UK Overhauls Listing Rules to Attract More IPOs

The UK's Financial Conduct Authority (FCA) has announced significant changes to its listing rules, aiming to make London a more attractive destination for initial public offerings (IPOs).

"Eurostars" Outshine US "Magnificent 7" with Higher Returns Since 2020

July 14, 2024

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"Eurostars" Outshine US "Magnificent 7" with Higher Returns Since 2020

A group of European stocks, dubbed the "Eurostars" (Novo Nordisk, ASML, LVMH, Ferrari, Adyen, Schneider Electric, and Hermès), has outperformed the US "Magnificent 7" since 2020 with lower volatility and a diverse sector representation.

UK Housebuilder Stocks Surge Following Labour Election Victory

July 7, 2024

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UK Housebuilder Stocks Surge Following Labour Election Victory

UK housebuilder stocks surged after Labour's landslide election victory, driven by their promises to build 1.5 million new homes and implement pro-development planning reforms.

London Reclaims Title as Europe's Largest Stock Market

June 17, 2024

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London Reclaims Title as Europe's Largest Stock Market

London's stock market surpasses Paris, becoming Europe's most valuable stock exchange again.

French Stocks Plummet Following Macron’s Snap Election Announcement

June 10, 2024

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French Stocks Plummet Following Macron’s Snap Election Announcement

Shares in French banks, tollroad operators, and renewable energy companies saw significant declines after President Macron called for snap elections in response to his camp's defeat in the EU elections.

GSK Shares Plummet 9% After Court Ruling on Zantac Lawsuits

June 4, 2024

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GSK Shares Plummet 9% After Court Ruling on Zantac Lawsuits

GSK shares experienced a significant drop following a Delaware judge's decision to allow over 70,000 lawsuits alleging a link between the discontinued heartburn drug Zantac and cancer to proceed.

European Gas Prices Surge Amid Norwegian Supply Disruption

June 3, 2024

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European Gas Prices Surge Amid Norwegian Supply Disruption

European natural gas prices spiked by over 8% on Monday due to an unexpected outage at a key Norwegian gas site.

June 3, 2024

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Fast Fashion Giant Shein Eyes £50 Billion London Stock Exchange Debut

Shein, the fast-fashion retailer known for its affordable clothing and controversial business practices, is reportedly preparing for a £50 billion initial public offering (IPO) on the London Stock Exchange.