Asian markets get a steadying hand from Chinese rate cut at the weekend. India’s Saturday budget deemed pro-business and infrastructure-focused. But European markets are hestitant as the economy is still stagnant. Chipmakers NXP and Freescale Semiconductor get super-charge from their planned merger. Shares in both companies soar in European trading on Monday. British retailer Marks & Spencer set to reconquer China, opening new stores in key cities and revamping its Shanghai flagship. Chocolatier Thorntons has a sticky time. The Deal’s Jonathan Braude reports from London.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
