Monty Rakusen The S&P Global UK Manufacturing PMI eased to 51.4 in March from 51.7 in February, compared to expectations of a drop to 50.1, preliminary estimates showed on Tuesday. This marked the slowest pace of expansion in three months, as output growth slowed and goods producers cited the war in the Middle East as weighing on global demand. The S&P Global UK Services PMI fell to 51.2 in March ...
Monty Rakusen The S&P Global UK Manufacturing PMI eased to 51.4 in March from 51.7 in February, compared to expectations of a drop to 50.1, preliminary estimates showed on Tuesday. This marked the slowest pace of expansion in three months, as output growth slowed and goods producers cited the war in the Middle East as weighing on global demand. The S&P Global UK Services PMI fell to 51.2 in March from 53.9 in the previous month, firmly below market expectations that it would ease to 53 to mark the softest pace of expansion since September of last year, according to a flash estimate. The S&P Global UK Composite PMI fell to 51.0 in March 2026, down from 53.7 in February and below expectations of 52.9, according to preliminary data. This marks the slowest output growth since September 2025, as both services and manufacturing activity weakened. New business inflows declined for the first time in four months, with firms attributing the drop to falling confidence amid the Middle East conflict, rising inflation, and expectations of higher borrowing costs. ETFs: (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ) Currency: ( GBP:USD) More on the United Kingdom, etc. Technical Levels For Major FX Pairs Ahead Of The FOMC U.S. Tariffs: A New Trade War? GBP/USD At The Crossroads: Will Cable Break The 1.3437 Resistance? European markets rebound amid elevated oil prices EU car sales rebound in February, EVs capture rising share
BofA's Winnie Wu says investors are starting to price in prolonged inflationary pressure. She tells Bloomberg Television that the current environment highlights the importance of diversifying positions.
BofA's Winnie Wu says investors are starting to price in prolonged inflationary pressure. She tells Bloomberg Television that the current environment highlights the importance of diversifying positions.
CAE (CAE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
CAE (CAE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Poste Italiane SpA ’s €10.8 billion ($12.5 billion) bid for full control of Telecom Italia SpA moves forward much-needed consolidation that will strengthen Europe’s telecom sector, the phone company’s chief executive officer said. “Today, the digital business is all about scale,” Telecom Italia CEO Pietro Labriola said Tuesday in an interview with Bloomberg Television’s Francine Lacqua . “You need...
Poste Italiane SpA ’s €10.8 billion ($12.5 billion) bid for full control of Telecom Italia SpA moves forward much-needed consolidation that will strengthen Europe’s telecom sector, the phone company’s chief executive officer said. “Today, the digital business is all about scale,” Telecom Italia CEO Pietro Labriola said Tuesday in an interview with Bloomberg Television’s Francine Lacqua . “You need to move fast and have strong financial backing.” Poste’s proposal would bring the former phone monopoly back under government control after three decades of privatization. Labriola said Europe’s telecom market needs consolidation as boundaries collapse, so that telecom operators have the scale to fund investments in cloud, IT and content. “Small is not necessarily nice,” he said, adding that a combined Poste-Telecom Italia could still participate in cross-border telecom mergers. The offer, announced Sunday, would lead to full control and delisting of Telecom Italia. It should be assessed by investors, Labriola said, adding that Poste could be a strong industrial partner, with areas for potential cost savings and advantages tied to retail exposure and digital infrastructure. “It will be for the market to make the decision about the fairness” of Poste’s offer, Labriola said. “We are at the beginning of a process.” Read More: Telecom Italia Bid Sign of Challenges for Cross-Border Deals Telecom Italia shares rose 4.7% on Monday in the wake of the cash-and-stock bid. They were little changed on Tuesday in Milan, giving the company a market value of about €13.6 billion. “We believe that Poste’s unexpected offer for TIM undervalues the asset’s potential and see room for an improvement,” Barclays analysts led by Mathieu Robilliard said in a research note. Under Labriola, the phone company has lowered debt, sold its fixed-line network and improved results. Poste now wants to fold that leaner business into part of a broader domestic platform, using the postal service’s vast retail p...
12% The increase in new-car registrations for Tesla models—a reflection of sales—across the European Union, the U.K., Iceland, Liechtenstein, Norway and Switzerland, in February. In the EU alone, sales grew 29% last month.
12% The increase in new-car registrations for Tesla models—a reflection of sales—across the European Union, the U.K., Iceland, Liechtenstein, Norway and Switzerland, in February. In the EU alone, sales grew 29% last month.
A venture between LondonMetric Property Plc and the Schroder Real Estate Investment Trust has submitted a proposal to acquire rival UK landlord Picton Property Income Ltd . The venture is one of a “range of interested parties” that expressed an interest in buying the real estate investment trust, which has a market capitalization of £405.9 million ($544 million), according to a statement Tuesday i...
A venture between LondonMetric Property Plc and the Schroder Real Estate Investment Trust has submitted a proposal to acquire rival UK landlord Picton Property Income Ltd . The venture is one of a “range of interested parties” that expressed an interest in buying the real estate investment trust, which has a market capitalization of £405.9 million ($544 million), according to a statement Tuesday issued by Picton’s board. Picton said it’s now shortlisted several parties to proceed as part of its sale process and will update the market in due course. “The consortium has not made a firm offer for Picton and there can be no certainty that a firm offer will be made, nor to the terms of any offer, if made,” it added. Picton gained as much as 5.7% in London trading following the statement. LondonMetric was little changed while Schroder REIT gained about 0.8%. The UK’s publicly traded real estate market is undergoing a wave of consolidation as investors seek larger, lower cost companies in which to invest. LondonMetric has led a charge by larger landlords to snap up smaller rivals, swelling its portfolio and helping propel the company into the FTSE 100 index and exposing it to a broader range of investors.
Behavior during a stock market downturn is a big determinant of long-term investor success. With that in mind, here's a short video from Certified Financial Planner® Matt Frankel discussing five smart things investors can do now, and if the market gets worse from here. *Stock prices used were the morning prices of March 20, 2026. The video was published on March 21, 2026. Continue reading
Behavior during a stock market downturn is a big determinant of long-term investor success. With that in mind, here's a short video from Certified Financial Planner® Matt Frankel discussing five smart things investors can do now, and if the market gets worse from here. *Stock prices used were the morning prices of March 20, 2026. The video was published on March 21, 2026. Continue reading