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Today we are sharing UK Market Highlights Today
M&S profit rises for the first time in four years
LONDON British retailer Marks & Spencer (MKS.L) raised hopes that it has finally rediscovered a winning formula, reporting a rise in annual profit for the first time in four years and its intention to return excess cash to shareholders.
Burberry shares down on lowered outlook
Shares in Burberry fell after the luxury goods group signalled its sales hopes for this year have been checked by the fall in spending by Chinese customers on its trademark trenchcoats and other products.
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UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor
LONDON - The Swiss bank UBS said on Wednesday that it would pay more than $500 million in fines to the authorities in the United States for its role in the manipulation of currency markets and benchmark interest rates.
Dollar Gains Before Fed Minutes as Oil Rises, Europe Stocks Fall
The dollar strengthened to a two-week high versus the euro before the Federal Reserve releases minutes of its last meeting. Treasuries gained, European stocks fell and oil rallied after a five-day decline.
Vodafone jumps on Liberty Global deal hopes but FTSE falters
With leading shares drifting lower, Vodafone is bucking the trend on hopes of merger activity in the telecoms sector. French telecoms group Altice has agreed to buy Suddenlink for $9.1bn to enter the US cable market.
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Today we are sharing UK Market Highlights Today
M&S profit rises for the first time in four years
LONDON British retailer Marks & Spencer (MKS.L) raised hopes that it has finally rediscovered a winning formula, reporting a rise in annual profit for the first time in four years and its intention to return excess cash to shareholders.
Burberry shares down on lowered outlook
Shares in Burberry fell after the luxury goods group signalled its sales hopes for this year have been checked by the fall in spending by Chinese customers on its trademark trenchcoats and other products.
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UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor
LONDON - The Swiss bank UBS said on Wednesday that it would pay more than $500 million in fines to the authorities in the United States for its role in the manipulation of currency markets and benchmark interest rates.
Dollar Gains Before Fed Minutes as Oil Rises, Europe Stocks Fall
The dollar strengthened to a two-week high versus the euro before the Federal Reserve releases minutes of its last meeting. Treasuries gained, European stocks fell and oil rallied after a five-day decline.
Vodafone jumps on Liberty Global deal hopes but FTSE falters
With leading shares drifting lower, Vodafone is bucking the trend on hopes of merger activity in the telecoms sector. French telecoms group Altice has agreed to buy Suddenlink for $9.1bn to enter the US cable market.
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