Shares of Euronav plunged more than 20% in early trade after Norwegian rival Frontline pulled out of a potential $4.2 billion merger with the Belgian oil shipping company.
British wargame manufacturer Games Workshop fell 5.6% after its half-year earnings report.
– Elliot Smith
Beijing’s sudden and rapid dismantling of its stringent Covid-19 controls after nearly three years has raised hopes that its battered economy could follow a similarly rapid pace of recovery.
From hotels and airlines, to “less obvious beneficiaries,” Wall Street analysts name their top Chinese and global stocks to play the reopening.
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— Zavier Ong
European markets are heading for a lower open as investors gear up for more inflation data later this week, with U.S. consumer price data for December due Thursday.
The U.K.’s FTSE 100 index is expected to open 49 points lower at 7,676, Germany’s DAX 95 points lower at 14,698, France’s CAC down 52 points at 6,855 and Italy’s FTSE MIB down 204 points at 25,181, according to data from IG.
Data releases Tuesday include Dutch inflation figures for December and U.K. British Retail Consortium retail sales figures for December. Airbus will announce its annual commercial aircraft orders and deliveries.
— Holly Ellyatt
CNBC Pro: Ark Invest: These 2 A.I. stocks are being overlooked by the marketTwo companies specializing in artificial intelligence are being underappreciated by
London: Prince Harry will become the first senior British royal to give evidence in court for more than a century when he testifies this week against a tabloid
Ground-breaking trials run by London-based start-up Lindus Health are kicking off to find innovative treatments for conditions including tinnitus,
WASHINGTON (AP) — President Joe Biden is welcoming Denmark and Britain’s prime ministers this week to Washington for talks that will focus heavily on what l