Tate & Lyle Latest Loss for London After Sale to US Rival
Ingredion Inc. agreed to acquire UK-based rival Tate & Lyle Plc for £2.7 billion ($3.6 billion), marking another famous brand leaving the London stock market.
Ingredion Inc. agreed to acquire UK-based rival Tate & Lyle Plc for £2.7 billion ($3.6 billion), marking another famous brand leaving the London stock market.
German factory orders fell more than expected in April, adding to concerns that Europe’s largest economy could contract in the second quarter due to the Iran war and the surge in energy costs.
Intesa Sanpaolo offered to buy Banca Monte dei Paschi di Siena for €30.6 billion ($35.3 billion). The Milan-based bank will offer 1.6 of its own shares and €1 in cash for each Monte Paschi share. The bid comes the day after Banco BPM pitched its own merger with Monte Paschi, considered to be the world’s oldest bank. Bloomberg’s Manuel Baigorri reports. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Israel and Iran exchanged missile strikes on Monday despite President Donald Trump’s calls for both sides to halt the fighting and give peace talks a chance to succeed.
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European stock traders will need to add a further variable to their investment strategies this week: how rising interest rates will affect each corner of the market.
China’s first prefabricated computing power hub has started operations, offering a faster and lower-cost way to build and supply electricity to data centers, according to a report from China Central Television.
Kosovo goes to the polls for the third time in 18 months Sunday in an attempt to break a political impasse that’s stymied progress toward improving ties with Serbia and gaining more European aid.