All the latest world news with thought provoking comments and in-depth analysis from The European Magazine. 

S&P Global to buy IHS Markit for $44 billion

Business information provider S&P Global Inc agreed on Monday to pay $44 billion in stock to acquire IHS Markit Ltd in the year’s biggest acquisition that will create a new data powerhouse serving Wall Street and the corporate world.

The deal raises the stakes in the consolidation sweeping the fragmented financial information services industry, as companies race to create one-stop shops to lure the biggest clients and invest in artificial intelligence and machine learning.

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Stocks rest after vaccine progress, dollar stuck at 2-1/2 year low

World stocks hovered near record highs on Wednesday when Britain became the first country in the world to approve the Pfizer-BioNTech COVID-19 vaccine for use, saying it would start rolling it out early next week.

The dollar was stuck at 2-1/2 year lows against the euro and an index of major currencies as investors sought out the higher risk currencies that had fallen during the earlier stages of the pandemic.
Yields on euro zone government bonds edged up to their highest in three weeks at -0.51%.

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The European release their Summer 2020 Edition

At the start of 2020, the world was gearing up for a series of events that promised to keep the media machine in overdrive: Brexit, the US presidential election, the COP26 climate change conference in Glasgow. All these have now paled into insignificance in a way that we could scarcely have imagined – some may not even materialise due to the coronavirus pandemic that has brought the world to its knees.

Throughout this global pandemic, The European remains committed to providing you with up-to-date news and views regarding the finance and business sector. And as such would like to announce the release of their Summer Edition, both in print and digital format.

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