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Global merger and acquisitions fell by 17% in the first quarter of the year as fears of an economic slowdown and the growing uncertainty around Brexit dampened CEOs’ interest in pursuing takeovers.
Americans were in more buoyant spirits than expected in March amid broad-based gains in income, according to the results of one of the most closely-followed surveys of US consumer sentiment.
Americans remained a bit more cautious than expected on spending at the start of the year, although inflation was slightly better behaved than anticipated too.
