Data out of China point to sluggish economy and put pressure on stocks seen as having local exposure
UK’s FTSE 100 ended higher as gains in energy firms outpaced losses in mining stocks after weak Chinese economic data renewed slowing demand concerns.
Debt-ridden water company Thames Water said its investors had agreed to pump £750 million into the firm, lifting rival water utility firms United Utilities Group and Severn Trent up 1 per cent and 1.5 per cent respectively.fell 0.2 per cent as the company began its hunt for a new chief executive as incumbent Philip Jansen said he planned to step down.The pan-European STOXX 600 index ended 0.2 per cent higher after recording its worst weekly performance in almost four months on Friday.
Bayer rose 1.6 per cent following a report that the German drugs-to-pesticides giant could spin off and list its CropScience unit.Wall Street’s main indices rose on Monday, recovering losses from last week, as investors looked ahead to a key inflation report and commentary from a slew of Federal Reserve officials this week to gauge the central bank’s interest rate path.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU and US agree new transatlantic data transfer dealEuropean Commission president says EU executive adopted a so-called adequacy decision, allowing thousands of firms to safely ship data to the US without fear of violating EU privacy law
Read more »
Irish industrial production figures being distorted by outsourcing, says CSOContract manufacturing makes Irish output data volatile, State agency says
Read more »
Number of computers sent to Rehab Recycle resold instead of destroyedEXCLUSIVE: Computers sent to a Rehab Group facility were sold on to a third party and not destroyed as instructed by clients, according to an unreleased audit seen by noteworthy_ie:
Read more »