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European shares bounded ahead at the start of the week with the German Dax breaking out to a new record high in the process partly in anticipation of fresh fiscal stimulus in the US.
American Airlines said it was planning to issue $5bn in bonds and seek a $2. 5bn term loan backed by its frequent flyer program to pay back a government loan and other debts.
Apollo Global Management has agreed to merge with Athene Holding in a deal that will turn the US alternative asset manager into a conglomerate with businesses ranging from private equity to life insurance.
The high likelihood that Democrats in the US Senate will get their $1. 9trn fiscal stimulus proposal through the US Congress has seen economists revise their forecasts for economic growth in 2021 sharply higher.
Investor confidence is continuing to grow in the Eurozone, research published on Monday confirmed, boosted by the worldwide rollout of the Covid-19 vaccine.
The European Union and the United States have concluded negotiations to implement the EU's agricultural quotas under World Trade Organization rules following the UK’s exit from the bloc.
Wall Street rallied hard following the release of a better-than-expected jobs reports that left analysts predicting that the US jobs market had put in a bottom.
European shares slipped at the end of the week dragged down by Travel and Leisure names, amid mounting Covid-19 case counts in many countries, especially in Eastern Europe and Italy.
