Day: October 9, 2020

Rolls Royce’s shares post record week on capital raising push

(LONDON) – Rolls Royce shares on Friday were heading for their best weekly gain since listing in 1987 as the British aircraft engine maker’s plan to raise money to cope with the coronavirus travel crisis triggered bargain hunting among investors. The value of Rolls Royce shares more than doubled in the last week to 228.90 …

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Markets cheer fresh push for US fiscal stimulus, coronavirus increase eyed

Markets are in a risk-on mood following the White House’s fresh push to advance fiscal stimulus talks. Concerns about eurozone cases limit the euro while weak UK GDP is holding sterling back. Canada’s jobs report and speculation about the US elections are in focus. President Donald Trump seems to have changed his mind on talks …

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