European stocks reverse early losses on inflation data; Micro Focus down 30%

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European stocks reverse early losses on inflation data; Micro Focus down 30%

European markets reversed early losses on Thursday morning as soft inflation data reinforced expectations that the ECB (European Central Bank) will inject stimulus into the economy next month.
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RBI Tweaked Accounting Formula on Forex Gains to Transfer Extra Rs 21000 Crore to Govt

Mumbai: The Reserve Bank could transfer an additional Rs 1.23 trillion from its surpluses to the government, thanks to the gains from bond buying and a change in the accounting practices of its forex operations, sources said Wednesday. These two heads …
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Goals Soccer Centres up for sale despite unresolved accounting scandal

The company, which is under investigation for a £12 million VAT accounting fraud, has appointed Deloitte to find a buyer. However, suitors will need
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UBS Sets Major Reshuffle Atop Wealth Management Unit

(Bloomberg) — UBS Group AG overhauled its top ranks in a sweeping reshuffle, hiring ex-Credit Suisse Group AG banker Iqbal Khan for a key role that positions him as a potential successor to Chief Executive Officer Sergio Ermotti. Khan becomes co-head of …
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China Indicates It Won't Retaliate Now on New US Tariffs

The downshifting is evident in a Bloomberg Economics gauge aggregating the earliest available indicators from financial markets and businesses.
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