Monday, 11 December 2017

Tag Archives: London Stock Exchange

London Stock Exchange chairman gains backing of investor group

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LONDON: The London Stock Exchange chairman Donald Brydon, under intense fire from an activist investor calling for his removal, has received the backing of an influential shareholder advisory group ahead of a crunch vote on his future. Institutional Shareholder Services (ISS) has recommended that investors oppose a motion, tabled by the ...

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London stocks plunge as May calls snap UK election

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LONDON stocks plunged, dragging Europe lower after Britain called a snap general election, fuelling political uncertainty ahead of Brexit but also a tight presidential race in France. Indices were hit also by falling metals prices, traders said, as investors returned to their desks after a four-day Easter break. At the ...

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UK-German stock exchange deal blocked by EU

London stock market

LONDON: EU regulators have blocked London Stock Exchange’s £21bn merger with German stock exchange Deutsche Boerse. The European Commission said the deal would have created a “de facto monopoly” for certain financial services. The merger would have combined Europe’s two largest stock exchange operators. London Stock Exchange Group said it ...

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From Davos, Sadiq Khan confronts May’s ‘hard Brexit’ decision

DAVOS: The mayor of London, Sadiq Khan, is in Davos today, as part of his push to protect the UK capital, and its financial centre the City, from harm produced by Britain’s exit from the EU. He is particularly confronting Theresa May’s decision on choosing a “hard brexit”, in which Britain leaves the European single ...

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