European futures rise and skip penalty in Asian session

Published by: MRT

Published on:

European futures rise and skip penalty in Asian session

*FINANCIAL MARKETS*

Stock markets in Hong Kong and China fell, dragged down by Internet giants after a series of drastic measures taken by Beijing against the country’s technology sector.

Oil prices rose to week-long highs in a second consecutive earnings session, supported by concerns about US supplies after Hurricane Ida’s damage, along with expectations of higher demand.

BUSINESS

Telefónica orders Goldman Sachs to sell its towers in the United Kingdom for 2,000 million (El Confidencial); Judicial setback against Telefónica Argentina, which claimed the unconstitutionality of the setting of rates (Europa Press)

Allianz, Mcquarie CPPIB and Ontario prepare their bids for Reintel, Red Eléctrica’s fiber optic (Cinco Días)

Morgan Stanley resumes the coverage of Colonial with a recommendation of “equal to market” and a price target of 9 euros (Reuters)

Solarpack reduces profits to June to 143 million euros (Reuters)

Endesa and Iberdrola adjust their rates in a new commercial battle (elEconomista.es)

Article Source

Disclaimer: This article is generated from the feed and not edited by our team.