Markets

BlackRock says European stocks will beat their US peers going forward due to superior virus response

BlackRock upgraded European equities to “overweight” from “underweight” in its mid-year outlook, citing the region’s strong policy and public health response to the coronavirus pandemic. The firm also downgraded US stocks to “neutral” from “overweight,” as surging coronavirus case counts and fading stimulus measures pose a risk to the market’s […]
BlackRock says European stocks will beat their US peers going forward due to superior virus response
Markets

Renault shares are tanking after Fiat Chrysler scrapped their mega-merger

Renault shares plunged 8% on Thursday morning after Fiat Chrysler pulled its offer for the French carmaker. French government officials on Renault’s board postponed making a decision on Wednesday. Renault wanted more time to secure the support of long-time rival Nissan. “It has become clear that the political conditions in […]
Renault shares are tanking after Fiat Chrysler scrapped their mega-merger