U.S. stock index futures rose on Friday, setting the S&P 500 up for its second weekly gain in a row as hopes for more fiscal aid boosted optimism against the backdrop of political uncertainty ahead of the presidential election.
U.S. stock index futures rose on Friday, setting the S&P 500 up for its second weekly gain in a row as hopes for more fiscal aid boosted optimism against the backdrop of political uncertainty ahead of the presidential election.
Rolls Royce shares on Friday were heading for their best weekly gain since listing in 1987 as the British aircraft engine maker's plan to raise money to cope with the coronavirus travel crisis triggered bargain hunting among investors.
G4S Plc said on Friday U.S.-based Allied Universal Security Services has expressed interest regarding a possible offer for the British company, which in recent weeks has repeatedly rejected a hostile takeover attempt by Canada's GardaWorld.
London Stock Exchange is in talks with several Indian technology firms for their overseas stock listings, a senior executive for the British exchange told Reuters, as New Delhi moves closer to allowing companies to directly access foreign markets.
Thyssenkrupp has begun due diligence with potential bidders for its plant division as the German conglomerate accelerates a radical overhaul to sell or turn around ailing business units in the next two years, a top executive told Reuters.
The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.
U.S. stock index futures rose on Friday, setting the S&P 500 up for its second weekly gain in a row as hopes for more fiscal aid boosted optimism against the backdrop of political uncertainty ahead of the presidential election.
President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win.
