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Danish unemployment hits 14 year-low

  Bloomberg Denmark’s unemployment rate fell to the lowest level in almost 14 years in a signal the Nordic nation’s labor market remains resilient to surging inflation and the fallout from the war in Ukraine. The gross unemployment rate dropped to 2.4% in April, the lowest since June 2008, according to Statistics Denmark. The latest drop means only 70,000 people ...

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Stocks struggle, bonds dip

  Bloomberg Stocks in Europe and the US equity futures struggled for direction amid a debate over the scale of central bank monetary policy tightening needed to fight the inflation. Europe’s Stoxx 600 Index surrendered early gains as investors assessed cheaper valuations against the record jump in euro-zone consumer prices. Among individual moves, bootmaker Dr Martens Plc surged after its ...

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Adani shares hit by selloff in the wake of MSCI index review

  Bloomberg Some shares that are part of billionaire Gautam Adani’s conglomerate took a beating as investors adjusted their holdings to reflect changes in the composition and weighings in the MSCI India Index, according to an analyst who publishes at Smartkarma. Adani Green Energy Ltd., the group’s biggest firm by market value, led the rout, plunging a record 12% in ...

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