WS #11773
France's harmonized CPI fell to 1.8% in June (MoM -0.3%), supporting ECB rate cut expectations and easing inflation concerns in the eurozone. Kalyan Jewellers shares rallied 34% in three sessions, adding Rs 11,500 crore to market cap, driven by Citigroup 'Buy' rating and target of Rs 750. US proposed a 12.5% tariff on South Korea over forced labor concerns, with Seoul arguing it is 'neither appropriate nor necessary'. Criteo received takeover bids from Vista Equity Partners and Quinti Capital at a >50% premium, signaling potential consolidation in ad-tech.
France Inflation Drops to 1.8% in June
France's harmonized CPI fell to 1.8% in June (MoM -0.3%), supporting ECB rate cut expectations and easing inflation concerns in the eurozone.
Kalyan Jewellers shares rallied 34% in three sessions, adding Rs 11,500 crore to market cap, driven by Citigroup 'Buy' rating and target of Rs 750.
US proposed a 12.5% tariff on South Korea over forced labor concerns, with Seoul arguing it is 'neither appropriate nor necessary'.
Criteo received takeover bids from Vista Equity Partners and Quinti Capital at a >50% premium, signaling potential consolidation in ad-tech.