Bloomberg Boris Johnson’s decisive victory may prove to be a turning point not just for the UK but for the entire scorned European stock market. The Conservative Party’s win filled investors with optimism that a major political risk related to Brexit will soon be removed, sending the European equity benchmark near a record high. Goldman Sachs Group Inc lifted its ...

Bloomberg Even though it wasn’t the trade deal some analysts hoped for, China dodged more tariffs, and that may be enough to spur a market rally. The onshore yuan may rise and the Australian dollar will be boosted by a potential advance in crude oil and industrial metals, according to Vijay Valecha, chief investment officer at Century Financial Consultancy in ...

Bloomberg Renault SA offered Luca de Meo, who heads Volkswagen AG’s Spanish brand, the role of chief executive officer of the French carmaker, La Vanguardia reported, citing unnamed officials at the company. Renault has also told De Meo, who runs SEAT, that within two years he could take the helm of the group’s alliance with Nissan and Mitsubishi. Bloomberg previously ...