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UK govt cuts NatWest stake to below 20%
The UK government has sold more shares in NatWest, taking its stake to below 20% the bank said on Monday.
Burberry shares tank as CEO ousted, profit warning issued, divi axed
Shares in luxury goods maker Burberry on Monday slumped by double-digits as the company ousted its chief executive, suspended dividend payments and issued a profits warning after weak global demand battered first-quarter sales.
Europe midday: Stoxx down as weak China data hits sentiment, Burberry shares
European shares were lower on Monday, as traders analysed the impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data, while Burberry shares tanked after the luxury goods seller ousted its CEO and issued a profit warning.
Europe open: Shares down on weak China GDP; Ocado, Burberry tank
European shares opened lower on Monday, as traders analysed the impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data.