5 Min Read
LONDON (Reuters) - Just as long-dormant inflation finally rears its head again, there are some signs that financial markets may already have overestimated the impact - or at least the response.
FILE PHOTO: A U.S. dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo
One of the biggest fears of the year for global investors has been that a policy-supercharged, post-pandemic recovery of major economies seeds an inflation surge that spooks central banks into tightening credit well before they currently suggest.
While there’s some argument for holding stocks during an inflation scare, the worry is central banks get spooked - lifting borrowing costs and dragging on growth and earnings estimates and rethinking discounted valuations for growth and technology stocks.
Global Ports Holding PLC: Extension of Eurobond tender offer period
DJ Extension of Eurobond tender offer period
Global Ports Holding PLC (GPH)
Extension of Eurobond tender offer period
14-Apr-2021 / 07:20 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
=
Global Ports Holding Plc
Extension of Eurobond tender offer period
This announcement is for information purposes only and is not an offer to purchase or a solicitation of an offer to
sell any securities. This announcement is not for distribution or publication in or into the United States of America
By Reuters Staff
2 Min Read
FILE PHOTO: A man walks past an O2 phone store in Manchester, Britain March 7, 2016. REUTERS/Phil Noble
LONDON (Reuters) -Britain’s competition watchdog said on Wednesday it has provisionally cleared a merger between broadband company Virgin Media and Telefonica’s UK mobile network O2 after an investigation into the $38 billion deal’s potential impact.
The Competition and Markets Authority said that its investigation had focused on whether the deal was likely to result in a substantial reduction of competition in the supply of wholesale mobile services and concluded this was unlikely.
“A thorough analysis of the evidence gathered during our phase 2 investigation has shown that the deal is unlikely to lead to higher prices or a reduced quality of mobile services – meaning customers should continue to benefit from strong competition,” said Martin Coleman, CMA Panel Inquiry Chair.
The World Health Organization (WHO), the World Organization for Animal Health (OIE) and the UN Environment Programme have issued guidance for national governments to help reduce public health risks associated with the sale of live wild mammals.