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Wednesday preview: Federal Reserve, Wizz Air in the spotlight
All eyes will be on the US central bank in the middle of the week as it signals the start of normalising the extraordinary emergency measures put in place in the wake of the pandemic.
Europe close: Major stocks indices put in small bounce
European shares put in a slight bounce on the back of a big bounce on Wall Street overnight from its session lows despite the still extremely heightened tensions over Ukraine.
US house prices continue growing at near-record pace in November, S&P says
A record surge in US home prices barely slowed towards the end of November, the results of a closely-followed survey revealed.
Europe midday: Stocks only marginally higher, despite elevated volatility
European shares are putting in a slight bounce on the back of a big bounce on Wall Street overnight from the session lows despite the still extremely heightened tensions over Ukraine.
Unilever to lay off 1,500 managers and reorganise two units
The entry of activist investor Nelson Peltz's hedge fund into Unilever's shareholder register has goaded the company into its largest job cuts under its current boss and the reorganisation of several units.
Unilever said to be planning layoffs after activist investor takes stake
Unilever is reportedly planning to slash several thousand management positions.