IlluMyFi

Europe’s big packaging deal is progressing, but the outcome is still unclear. London-listed Mondi MNDI.L late on Thursday agreed to acquire rival DS Smith SMDS.L in a deal valuing it at 373 pence, or around 5 billion pounds, a 33% premium to the target’s closing share price on Feb. 7. That gives Mondi shareholders 54% ...

Sentiment

Bearish/Bullish

15.03.24 10:00

by hellenicshippingnews.com

US dollar set for best weekly gain since mid-January, yen eases ahead of BOJ nex...

The dollar rose to a more than one-week high on Friday after a mixed batch of data showed the U.S. economy remained stable with small pockets of weakness, suggesting the Federal Reserve could keep interest rates higher for longer or reduce the number rate cuts this year. The dollar index, which tracks the U.S. currency ...