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Global Indices Fall Amid Ukraine, China Concerns

August 15, 2023
in Trade Tube
Reading Time: 1 min read
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Nervousness about the political turmoil in Ukraine and the Chinese growth outlook push European stock indices lower, with the DAX sustaining heavy losses after disappointing domestic data. Quarterly sales updates lift cosmetics giant L?Oréal and in Mumbai United Spirits gets a shot from news that Guinness maker Diageo, of London, will in June have another crack at securing a majority of the Whyte & Mackay maker via a tender which could lift its stake to 55% from 29% and cost it $1.9 billion.

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