Xavier Niel Buys £4.4 Billion Stake in Vodafone

Xavier Niel outlines long-term strategy for Vodafone

The French telecoms billionaire Xavier Niel has become Vodafone’s largest shareholder after buying a 16% stake for £4.4bn. On Friday, the Emirati telecoms group e&, which first took a stake worth £3.3bn in Vodafone in 2022, announced the sale of its entire shareholding for 112.5p a share. The acquisition is being carried out through Vega, … Read more

China’s PPI climbs 4.1% in June after four months of growth

National Bureau of Statistics Reports PPI Rebound

China’s producer price index (PPI) rose 4.1 per cent in June, reaching its highest level since July 2022, according to data from the National Bureau of Statistics (NBS) released on Thursday, July 9, 2026. National Bureau of Statistics Reports PPI Rebound The 4.1 per cent year-on-year increase in China’s producer price index marks the fourth … Read more

PSEi climbs past 6,200 ahead of June inflation data; peso slips

Market Momentum Driven by Inflation Optimism

Philippine stocks climbed back above the 6,200 level on July 6, 2026, as investors positioned for a possible easing in June inflation. The PSEi rose 0.58% to 6,223.99, while the peso slipped to P61.491 against the dollar. Market Bets On Softer Inflation Philippine shares extended their rally for a fourth straight session on July 6, … Read more