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Carmakers and banks drag on European markets, London outperforms
By Susan Mathew (Reuters) – European shares fell on Monday as carmakers took a hit from a Chinese sales forecast while the London market outperformed after weak economic data raised expectations of a Bank of England rate cut. Auto stocks <.SXAP> broke a four-day winning run to fall 0.9%. Renault <RENA.PA> led the fall, hitting […]
Lazard boosts restructuring team as coronavirus-hit firms run into trouble
By Pamela Barbaglia LONDON (Reuters) – Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic. The U.S. investment bank has created a new London-based role for former Skadden Arps Slate Meagher […]
EU must learn lessons from Brexit! Czech PM snubs eurozone until bloc delivers reforms
We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Andrej Babis insisted Brussels would have to give up control over member states’ budgets before Prague joins the eurozone. He said European capitals should be allowed to use their own spending plans […]