PRESS DIGEST- Financial Times - Oct 31

Astrazeneca PLC Sponsored ADR -3.65% Pre
Altair Engineering -0.51% Pre
Dow Jones Industrial Average +3.57%
S&P 500 index +2.53%
NASDAQ +2.95%

Astrazeneca PLC Sponsored ADR

AZN

63.85

63.69

-3.65%

-0.25% Pre

Altair Engineering

ALTR

103.99

103.99

-0.51%

0.00% Pre

Dow Jones Industrial Average

DJI

43729.93

+3.57%

S&P 500 index

SPX

5929.04

+2.53%

NASDAQ

IXIC

18983.47

+2.95%

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Headlines

- Siemens to buy simulation software group Altair for $10.6 bln

- Authorities investigate fire at UK nuclear submarine shipyard

- Ikea to pay 6 mln euros to compensate for forced labour by ex-prisoners in East Germany

- Harvey Schwartz and Peter Mandelson quit Bank of London board

- AstraZeneca China president under investigation by Chinese authorities


Overview

- Siemens SIEGn.DE will buy Altair Engineering ALTR.O for $10.6 billion, as the German company seeks to strengthen its presence in the fast-growing industrial software market.

- Authorities are investigating the cause of a huge blaze that broke out in the early hours at a BAE Systems BAES.L shipyard in north west England that builds Britain's nuclear submarines.

- Swedish furniture retailer IKEA has agreed to pay 6 million euros ($6.51 million) to compensate former prisoners in East Germany who were forced to work producing its furniture.

- Bank of London announced that deputy chairman Peter Mandelson and chairman Harvey Schwartz are leaving the board of the fintech company.

- AstraZeneca's AZN.L China president, Leon Wang, is under investigation and is cooperating with Chinese authorities, the company said.

($1 = 0.9218 euros)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

Every question you ask will be answered
Scan the QR code to contact us
whatsapp
Also you can contact us via