Shares of UK bookmaker William Hill surge on takeover proposals from US suitors

Shares in British bookmaker William Hill soared Friday after the company revealed it received takeover proposals from two American suitors. The London-listed stock ended the day up 43.4 percent at 312.20 pounds, or $396.74, after William Hill said it had been approached by private-equity giant Apollo Global Management and casino operator Caesars Entertainment. William Hill didn’t disclose the terms of […]

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EU companies, losing hope, prepare for no-deal Brexit

FRANKFURT (BLOOMBERG) – It was hard to ignore the sense of foreboding when a group of German executives logged into a remote meeting on Tuesday (Sept 22). Poring over the implications of Brexit at an event organised by the economic council of Chancellor Angela Merkel’s governing party, the topics were familiar in a country that sends more goods to the […]

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UK Private Sector Recovery Loses Momentum In September

The UK private sector growth eased in September due to the persistent disruptions to business operations caused by the coronavirus pandemic, flash survey data from IHS Markit showed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply composite output index fell to 55.7 in from 59.1 in the previous month. The score was forecast to fall moderately to 56.3. The […]

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Asian firms' business confidence rebounds sharply in Q3: Poll

BENGALURU • Business sentiment among Asian firms rebounded in the third quarter as easing coronavirus restrictions lifted sales, but lingering uncertainty over the pandemic thwarted a return to business as usual, a Thomson Reuters/Insead survey showed yesterday. Asian firms’ outlook for the next six months tracked by the Thomson Reuters/Insead Asian Business Sentiment Index jumped to 53 in the third […]

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