Investors shake off virus impact as shares hit new highs

3) The failure to electrify thousands of miles of railway threatens Boris Johnson’s promise to make Britain the cleanest country on earth, industry leaders have warned. Rail chiefs have written to Transport Secretary Grant Shapps urging him to press on with electrification so that the industry can cut out carbon emissions by 2040.

4) Beales to shut remaining 11 department stores: The company made a further 20 staff redundant at its head office in Bournemouth with hundreds of jobs at risk.

5) Donald Trump has pardoned financier and philanthropist Michael Milken, the face of financial scandals in the Eighties. The US president said that the “junk bond king”, who was convicted of securities fraud, had done an “incredible job” supporting cancer research.

What happened overnight

Asian stocks and US and European equity futures recouped some of Tuesday’s losses after signs that China may be planning to offer more support

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Hindustan Unilever, GSK Consumer stocks hit lifetime highs ahead of merger

Shares of Hindustan Unilever (HUL) and GlaxoSmithKline(GSK) Buyer touched all-time highs on Tuesday, a working day prior to the merger of the latter into HUL gets powerful.

On March thirteen, HUL had stated that its board of directors would meet up with on April 1 to talk about about the merger, which has acquired acceptance from the Mumbai and Chandigarh Benches of the Nationwide Company Legislation Tribunal.

The stock selling price of HUL and GSK Buyer rallied 5.08 per cent and 5.seventy two per cent every on Tuesday, closing trade at Rs 2,298.15 and Rs nine,993.ten per share on the BSE.

In the past a single yr, HUL has rallied 35 per cent, while GSK Buyer has surged 39 per cent on the BSE, as buyers gave the thumbs up to the merger.


On December three, 2018, HUL’s dad or mum Unilever had introduced the acquisition of wellbeing meals beverages

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