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UK Scrutinizes Vodafone & Three Merger📱STVN FDX 📈 DNOPY LULU 📉

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research@flowbank.com

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Mon, Mar 25, 2024 07:32 AM

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FlowBank's hand-curated fresh financial news UK Regulators Scrutinize Vodafone-Three Merger Over Com

FlowBank's hand-curated fresh financial news [header_noDither] UK Regulators Scrutinize Vodafone-Three Merger Over Competition Concerns The UK's Competition and Markets Authority (CMA) has issued a warning to Vodafone and CK Hutchison's Three, indicating that their proposed merger will undergo an in-depth investigation unless they address the regulator's competition concerns within five working days. The CMA's apprehensions center on the potential for the merger to substantially lessen competition, leading to higher prices for consumers and negatively impacting mobile virtual network operators (MVNOs). The merger, which was announced last year, aims to combine the two companies' UK operations, potentially affecting the competitive landscape and quality of mobile services in the country. WHAT'S MOVING [Group 1742 (53)] [Start Trading](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-nk82-ZVTW6N1vHY6lZ3n_V2qyFM7dNsHhW7rM0D63mSVk4VQpcvy58b7S_W28b6Fb5D47_BW7THdbn7zHjswW47zPmC34XK6GW99ww-z26WLZrW36JW0h1YHCvtVP0jwd2XvJsyW7tc_v46d8T0xVMJtr-2wv0Y-W7JGYt_8Kf1ZJN2hN1Ny8j55LW2dqvWc7rhFPWVXXGyH6C3hjzW3YZ0-F61hdhNW8dDHHx5gk29BW2680Qh3Y4__CW7WjlFT5V_wmfW4LTC5k7LsYzGW7pmQ0L4V4tbhW3TsB7Q1B86y5f1RXKRM04) [Group 3 (53)] Nvidia Nvidia introduces two dozen AI tools for health care at its GTC AI conference, partnering with Johnson & Johnson and GE Healthcare, showcasing its deep dive into AI for surgery and medical imaging, signaling vast non-tech sector revenue potentials. [Group 1753 (3)] Apple The U.S. Department of Justice sues Apple, alleging its iPhone ecosystem constitutes a monopoly that harms consumers and competitors alike, with potential drastic measures including breaking up the tech giant. [Group 1754 (3)] TikTok Kevin O'Leary proposes a $20-30 billion bid for TikTok, eyeing a discount of up to 90% off its $220 billion valuation, amid U.S. scrutiny and potential forced sale. A deal hinges on re-creating the app's core algorithms domestically. WHAT'S COMING UP? USD: New Home Sales (Feb): Exp. 675K v Prev. 661K IN OTHER NEWS Wall Street On Monday morning, stock futures dipped slightly as the market approaches the final and shorter trading week of March, eyeing its fifth straight month of gains. Last week saw major U.S. stock indexes reach new record highs, with the S&P 500 climbing around 2.3%, the Dow nearing the 40,000 mark after a nearly 2% increase—its strongest week since December—and the Nasdaq Composite rising by approximately 2.9%. [Group 1769] Europe European markets are poised for a mixed opening on Monday, following gains last week influenced by various European central bank policy decisions. The UK's FTSE 100 is anticipated to drop slightly by 8 points to 7,925, while Germany's DAX is set to rise by 18 points to 18,231. France's CAC is expected to increase by 5 points to 8,155, and Italy's FTSE MIB is forecasted to gain 26 points, opening at 33,813. MARKET INSIGHTS Forex Weekly Outlook: BoJ Hikes Rates But All Eyes Are On The Fed It’s a historic week for central banks, as the Bank of Japan (BoJ) raised interest rates by 10 basis points to 0%-0.1% for the first time in 17 years, marking the end of the period of negative interest rates globally. [Read more](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njz2-ZVTW5BW0B06lZ3pkW2q4wZr4MpHrxN6hGnbM3tCJsW5ZZGH12y8dddW9f9mjH2dS13VW4Fh_Z68ZlHj0VjyqT38LpPQSW4Mnj_x8cttKgW4FFkp4715TFsVtS-Xf5HtKMZW2L3krd1PGTv1W33dYFz4-6WB8W67M6F52YtZNbVGNTpM5bqm0kW5lVrrT6mqRhLW46zwym8sCwhDW2C29JJ73nzBGVTr4b94dS10cW8LZzHY5sBlyff5dcbM004) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njz2-ZVTW5BW0B06lZ3nmW2lVyX-8x9T_mW2_8wkh33LcNRW376mJk2HpsL0W7Lsnf22lWh3SW3xFY8s3hFp8TV5gTKB2LDr7dW6YNkZ01lMPX9W1tcy5g38YynsW7J3sRv4Mgz6fV3t2H8422RFVW1JtZW68_hy9jN5Nth8M1cc54V6GKZ74XPwcjW7S2hKS4rDBhfW4f8zfy5xc9XPW3ByGxF25H4kmW3qNhWM299CnPW6Hm5cF5_DxMGf1kj6qn04) [LinkedIn](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njz2-ZVTW5BW0B06lZ3lMW1VRq5H96zZVxW6D3Hs62vWXL5N4BC_N9xkT6yW1ZdZh37zdqQFW49n9Yr3nzD38N5wmqnZBpzCBW68H4tv2sDTz9W4pjjSd1Z_Lw-W7WTn2m3PdZ6ZW9d-7jy1z74b2N1p584zcNd8mW35Vxr17XfdXGW2H1Nkr5GV7ywW758RCf3p7PKZW3_c60D3Y8CcTW89pGRC7rVqh4W1sq6W163MlCfW7hJxsH2DbX5zf8D55cY04) [X](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njg2-ZVTW50kgx26lZ3mQN2QfFDGzRbQCW4ZxvNs3GVpDsN3CWdHNGs5RcV87-047C6xNgW7NsLSP52JDB1VSnPdV6hZky3VWJZcr1l56HMW6r9PD19fzc87N5ylxX2z_XRNW8GzYwH3bm1zTW2zlkMJ46Wr2WW3_cKFq91dlwKW1KP50P1CZj48W6rWzby2xQcPjW25fdz82Sm4QNW4WG0M45_4Jbcf8QJ12804) [Instagram](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njz2-ZVTW5BW0B06lZ3lkW5ywp_f46V8JnW7sFyCV7GS_wbW4cW0rF6rn_NLW5St-fB4q-n55N8sLnpXdSFJDW7wkY451f9mMhW1fyFRc6Tz-pkW7yfQqq8KPcylW758B_H7VScHBW6WxnVB1JGl0gW6ZdQ9r42PtgXV_tMQ16PgjCVW8LzG2k8GC09HW1jBhnQ23bK3ZW6rLHkr5F-lgFW2ZY6Wd53lR2tW77C5M814VB9YW2lTdf_20WZXXf8nvWSl04) [YouTube](113/cXx8Z04/VW9FHC5MtNd0W7NDmBP3QXRgTW3mxgk35c448RN5t-njT2-ZVTW69sMD-6lZ3lgW1XgVzy6cTx4gVqtmVF78TM59W1sdKCj7xBfMVW4KRBFy3rVJ9TW5J5HWt7KLZNbW47Ckjx6zTzyCW1x55-s32rvFGW5CrKKN6fP7QpW1-PRZn4fWvB5W6wJdPn6YRvlgW4cRszX6tjK9fW6XPD_t2y06m-W5c2Qch1mF-jxN5FbHCC-pMB3W3T9c-99dpKgHW8tqV2g2NNL8SN7MwbPYW_7NKVp0Z333Bkdt4W8zClzw6gpDXSN9g60G-3rYB8f92wWFd04) FlowBank SA, Esplanade de Pont-Rouge 9, P.O. 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