MARKET REPORT: 3i Group hammered over consumer spending fears
3i tumbled 11% as investors cottoned on to the fact that a good chunk of its portfolio is made up of consumer businesses susceptible to inflation.
Source: dailymail.co.uk
Stay updated with breaking news from Bridgepoint Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
3i tumbled 11% as investors cottoned on to the fact that a good chunk of its portfolio is made up of consumer businesses susceptible to inflation.
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks bounced back on Friday after a bruising week on concerns over further interest rate rises and slowing global economic growth.U.S. Federal Reserve