Ionos SE’s days as an all buy-rated stock are over. from Bloomberg Markets https://ift.tt/gdjfJG2
Lombard Odier’s EMEA CIO Nannette Hechler-Fayd’herbe says UK stock valuations, on a forward P/E basis, are trading like emerging markets. She says the British equity index is attractive thanks to exposure to the energy sector. Watch her take on the region’s market on The Pulse with Francine Lacqua. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Pg0XFz2
South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise in a nation that’s become accustomed to the daily power cuts that have dragged on for years. Bloomberg’s Jennifer Zabasajja reports. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/yfsLDmB
Germany’s largest power producer RWE AG took the final investment decision to construct 1.6 gigawatts of offshore wind capacity in the North Sea, despite persistent supply-chain challenges. from Bloomberg Markets https://ift.tt/0yJIzGN
Hyundai Motor Co. has brought in Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers on a potential initial public offering of its India unit, according to people familiar with the matter, as the automaker considers what might be one of the biggest-ever listings in the South Asian country. from Bloomberg Markets https://ift.tt/GazxQUe
France and Germany are aiming to unveil plans this week for closer cooperation to strengthen Europe’s air defenses as they respond to pressure for Europeans to commit to their own security after Russia’s invasion of Ukraine. from Bloomberg Markets https://ift.tt/sdSvc3D
Saed Abukarsh, Ark Capital Management, Senior Executive Officer, discusses central banks, rate cuts and upcoming US elections. He speaks with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/HduhceV
The World Bank’s private investment arm will provide a $250 million loan to South African lender FirstRand Ltd. to help boost loans for green buildings. from Bloomberg Markets https://ift.tt/VW9p16i
Geordin Hill-Lewis, Mayor of Cape Town, discusses South Africa’s election with Bloomberg’s Jennifer Zabasajja, where he says it’s impossible to predict how negotiations will go to form a new government after South Africa’s election (Source: Bloomberg) from Bloomberg Markets https://ift.tt/idV72kD
Global funds have retained a small underweight allocation on Chinese shares this year, paving the way for them to boost their holdings as the economic outlook improves, strategists say. from Bloomberg Markets https://ift.tt/HQUr6Cd