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(Bloomberg) -- A potential initial public offering from online fashion retailer Shein in London would claw back a chunk of the combined blow the market suffered from companies shifting their primary listings to New York. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Is Trading Near Historic 40,000 Mark: Markets WrapSlovak Premi

Shein prepares for London Stock Exchange listing after it faced hurdles in New York

By Pranav Kashyap and Purvi Agarwal (Reuters) -Britain’s FTSE 100 closed slightly lower on Thursday, as disappointing news from EasyJet and Sage Group offset a surge in BT Group after the telecoms group’s new boss unveiled steps to boost its cash flow. BT Group’s shares surged a record 17.2% after CEO Allison Kirkby set out…

Companies are leaving the London Stock Exchange, which has seen a spate of foreign buyouts and firms moving their listings overseas. What does it mean for the UK economy and investors?

By Shubham Batra and Pranav Kashyap (Reuters) -The UK’s FTSE 100 cruised to a record high on Tuesday, coming off an extended weekend, boosted by Shell’s jump on its plans to sell some Malaysian assets, while BP slipped after it missed earnings forecast. The blue-chip FTSE 100 index breached the 8,300 mark to hit a…