07h45 Gold steadied on Monday to trade near a
two-week low hit in the previous session as strong U.S. economic
data underpinned the dollar, boosting its safe-haven status over
gold amid geopolitical and trade tensions.. . .
07h27 Ryanair posted its
weakest annual profit in four years on Monday and said earnings
could fall further next year as Europe's largest low-cost
carrier grapples with overcapacity, Brexit and delays in
delivery of the Boeing. . .
07h18 China National
Petroleum Corp is planning to open dozens of petrol stations in
Myanmar, the first major foreign investor to enter the
fast-growing Southeast Asian fuel market, as the state giant
expands its retail oil. . .
06h26 Benchmark copper on the London
Metal Exchange was barely changed on Monday after a brief
rebound from last week's slump, while Shanghai metals slipped as
investors remained wary about the intensifying U.S.-China trade
war.. . .
04h53 Oil rose to multi-week highs on
Monday after OPEC indicated it will likely maintain production
cuts that have helped support prices this year, while tensions
continued to escalate in the Middle East.. . .
01h01 New office building in central
London is at a three-year high, with 13.2 million square feet of
space under construction, up 12% on the figure six months ago,
Deloitte Real Estate's London Office Crane. . .
19/05 British Prime Minister Theresa May's new
Brexit offer to UK lawmakers retains the Northern Irish backstop
and does not add anything new on customs arrangements, The
Telegraph newspaper reported http://bit.ly/2LSJNhn late on
Sunday.. . .
19/05 The Benetton family wants Generali
to remain in Italian hands and is ready to tighten its
grip on Europe's third-biggest insurer along with other Italian
investors, Luciano Benetton said in a newspaper interview.. . .
19/05 Countries of the Gulf Cooperation
Council (GCC) began "enhanced security patrols" in the
international waters of the Arabian Gulf area on Saturday, the
U.S. Navy's Bahrain-based Fifth Fleet said on Sunday.. . .
19/05 Voters in Switzerland approved on
Sunday a shake-up of the corporate tax system, heading off what
its finance minister had called an existential threat to the
country's role as a business hub.. . .
19/05 A win by Marine le Pen's far-right
Rassemblement National party in next week's European parliament
elections could hurt the euro and damage the French economy and
industries, Economy Minister Bruno Le Maire said on. . .
19/05 Belarusian Deputy Prime Minister
Igor Lyashenko said on Sunday that Minsk was able to raise the
volume of oil it processes and had proposed to Russia to
increase its deliveries to the Naftan oil. . .
18/05 Iran's top diplomat dismissed the
possibility of war erupting in the region at a time of
escalating confrontation with the United States, saying Tehran
did not want conflict and no country had the "illusion. . .
18/05 A joint comission of Russian and
Belarusian representatives will give the first numbers
concerning losses incurred from contaminated oil on May 20, RIA
news agency cited Russia's Deputy Prime Minister Dmitry Kozak as
saying on. . .
18/05 The Bank of Italy plans to adopt
investment criteria which reward companies that take action on
climate change, joining other central banks, commercial banks
and fund managers in ratcheting up pressure on boardrooms to. . .
18/05 Argentina awarded permits
for hydrocarbon exploration in 18 areas off its southern coast
to companies including Exxon Mobil Corp, Total SA
, YPF SA and Royal Dutch Shell Plc,
the government said on Friday.. . .
17/05 London's marine insurance market
has extended the list of waters deemed high risk to include
Oman, the United Arab Emirates and the Gulf after ship attacks
off Fujairah, officials said on Friday, in a. . .
17/05 London's main share index dipped on
Friday, as Just Eat slumped after Amazon backed rival food
delivery firm Deliveroo in a funding round, but losses were
limited as exporters were helped by a slide. . .
17/05 European stocks snapped a three-day
winning streak on Friday amid global trade jitters after Beijing
ratcheted up its war of words with Washington, while the end of
Brexit talks between British political parties put. . .
17/05 Amazon has taken a stake
in British online food delivery company Deliveroo, leading a
$575 million fundraising to pit itself against Uber Eats in the
global race to dominate the market for takeaway meals.. . .
17/05 German bond yields fell back
towards more than 2-1/2 year lows on Friday as the collapse of
Brexit talks in Britain boosted higher-rated debt and worsened a
mood among investors already nervous about trade. . .
17/05 Metro Bank shares surged
on Friday after it raised 375 million pounds ($478 million) to
repair its balance sheet, giving the British bank breathing
space ahead of a potentially fractious annual meeting next
Tuesday.. . .
17/05 The European Union removed the
British overseas territory of Bermuda, the Dutch Caribbean
island of Aruba and Barbados on Friday from the bloc's blacklist
of tax havens, leaving no EU territory still on the. . .
17/05 Lebanon's impasse in agreeing a
credible fiscal reform plan and deteriorating global market
conditions means it may struggle to refinance key foreign
currency debts coming due this year, unnerving overseas
investors.. . .
17/05 Argentina awarded permits
to begin hydrocarbon exploration in 18 areas off the coast of
the country in the Malvinas West basin to companies including
Exxon Mobil Corp, Total SA, YPF SA
and Royal Dutch Shell. . .
17/05 Profit at Marks & Spencer is
expected to fall for the third year in a row next week, with
underlying sales poised to slip as the British retailer works
through a painful "transformation plan".. . .
17/05 Russian tycoon Mikhail Fridman's
investment fund LetterOne (L1)has won control of Spanish
retailer DIA but has not yet secured support from all
of the loss-making group's creditors with three days to go
before a financing. . .
17/05 Iran's elite Revolutionary
Guards (IRGC) are "highly likely" to have facilitated attacks
last Sunday on four tankers including two Saudi ships off
Fujairah in the United Arab Emirates, according to a Norwegian
insurers' report seen. . .
17/05 Belarus plans to seek compensation
from Russia for export and transit revenues that it did not
receive due to the contamination of oil via the Druzhba
pipeline, Belta news agency cited Deputy Prime Minister. . .
17/05 Belarusian state oil company
Belnefthekhim said on Friday Russian oil transit flows to
Ukraine had been suspended because the country was still
struggling to process contaminated crude it received last month.. . .
17/05 Kazakh oil flowing via
Russia to be loaded on tankers at the Baltic Sea port of
Ust-Luga has been contaminated and Kazakhstan plans to seek
compensation from Russian pipeline monopoly Transneft
, a senior Kazakh. . .
17/05 Welcome rain in the four largest
European Union wheat producers raised hopes for a good harvest
this summer after a dry spring sparked fears of a repeat of last
year's drought-damaged crop, experts said. . .
17/05 British government bond yields
fell to their lowest level in six weeks on Friday as Prime
Minister Theresa May's weakening grip on power revived fears of
a no-deal Brexit and prompted investors to buy. . .
17/05 French oil and gas major Total
said on Friday that it had suspended operations at
some units of the 230,000 barrel-per-day Leuna refinery in
Germany for technical checks following the prolonged situation
of contaminated Russian. . .
17/05 Acacia Mining Plc said on Friday its North Mara Gold Mine would be issued an environmental protection order (EPO) relating to alleged historical breaches of environmental regulations in Tanzania.. . .
17/05 Kazakh sovereign wealth fund
Samruk-Kazyna aims to raise $3 billion to $5 billion from its
sale of up to 25 percent in state-owned KazMunayGaz < KMGZ.KZ>
next year, the fund's managing director said on. . .
17/05 Greece's National Bank (NBG)
plans to securitise three billion euros of non-performing
mortgage loans by 2022, its chief executive said on Friday, as
the country's lenders battle to deal with a legacy of bad. . .
17/05 Britain's Staffline lost more
than half of its market value on Friday after a Brexit-led
scramble by companies to secure workers for permanent positions
hit the recruiter's margins and led it to cut its. . .
17/05 Italy's government will not allow
a break-up of aircraft maker Piaggio Aerospace, which was placed
under special administration last year, Deputy Prime Minister
Luigi Di Maio said on Friday.. . .
17/05 Switzerland is preparing to
part-privatise Axpo, the country's largest
electricity producer, by allowing private investors to buy up to
49% of the company, documents published by local government
authorities show.. . .
, Europe largest retailer, is exploring the sale of a
minority stake in its loss-making business in China and has
started sounding out potential buyers, people familiar with the
matter said.. . .
17/05 Nissan Motor Co said on
Friday that Hiroto Saikawa would stay on as chief executive,
backing the protege of former boss Carlos Ghosn even as top
shareholder Renault had earlier pushed for a change. . .
17/05 British budget airline easyJet
said it would meet expectations in 2019 despite a worse
trading environment than last year as worries over Brexit and
economic weakness in Europe hurt consumer demand.. . .
17/05 A senior Iranian military official
has accused U.S. President Donald Trump of dishonesty, saying
Washington is calling for talks while "holding a gun" at Tehran,
the semi-official news agency Mehr reported on Friday.. . .
17/05 Asian spot prices for
liquefied natural gas (LNG) fell to a three-week low this week
as cargoes were offered against little buying interest despite
the approach of summer, when warmer weather typically boosts
power generation. . .
17/05 Swiss electricity producer Alpiq
has agreed to sell its two Czech coal-fired power
stations to the Czech Republic's Sev.en Energy for around 280
million euros ($313 million), the companies said on Friday.. . .
17/05 Software and consulting company First
Derivatives Plc said on Friday that founder and Chief
Executive Officer Brian Conlon was diagnosed with cancer, but he
would remain in the role during ongoing weekly treatment, which
includes. . .
17/05 Credit Suisse Group AG
has established a unit focusing on so-called family
office services in Greater China, as demand continues to surge
among rich Asians wanting to set up private investment vehicles
and plan for. . .
17/05 The Trump
administration on Thursday officially added China's Huawei
Technologies Co Ltd to a trade blacklist, immediately
enacting restrictions that will make it extremely difficult for
the telecom giant to do business with U.S. companies.. . .
16/05 Heavy reliance on debt
financing and slow economic growth are leading to the creation
of debt bubbles which risk destabilising the entire financial
system should a major shock occur, bond bankers and investors
warned at. . .
16/05 Gold was headed for its biggest one-day
percentage decline in a month on Thursday, as the dollar gained
and investors opted for riskier assets on the back of robust
U.S. economic data even as. . .
16/05 Euro zone finance ministers
failed on Thursday to resolve all differences over the financing
of a future budget for the 19 countries sharing the euro, but
their chairman Mario Centeno expressed confidence they would
reach. . .
16/05 German Chancellor Angela Merkel
and the powerful BDI industry association distanced themselves
on Thursday from the U.S. government's decision to put Chinese
telecom equipment giant Huawei Technologies on a
blacklist.. . .
16/05 Russia's Deputy Prime Minister
Dmitry Kozak said on Thursday Russian oil pipeline monopoly
Transneft would provide compensation to all parties
that could prove real damages from contaminated oil.. . .
16/05 European shares reversed course to end in
positive territory on Thursday, with deal-making news in Germany
helping to prop up the pan-European benchmark as it overcame
fears of an escalation in the U.S.-China trade. . .
16/05 Investors in Burberry
have yet to see if new designer Riccardo Tisci's ranges are a
hit with customers and will boost profits after the luxury brand
said on Thursday its full-year results missed expectations.. . .
16/05 Investors bought into European
safe-haven government bonds again on Thursday, rattled by
U.S.-China trade tensions, concerns about a slowdown in global
growth and fears that Italy may break European Union fiscal
rules.. . .
16/05 IndiGo owner Interglobe
Aviation's shares tumbled 9 percent on Thursday after
a report that the co-founders and two largest shareholders of
India's largest airline were at odds over its expansion.. . .
16/05 Russian natural gas producer
Gazprom is in talks to sign a five-year contract to
buy gas in Turkmenistan, Interfax news agency cited Russian
Deputy Energy Minister Anatoly Yanovsky as saying on Thursday.. . .
16/05 Anglo American
on Thursday said its De Beers subsidiary was investing in a $468
million new offshore diamond mining ship to mine for diamonds
off the coast of Namibia, with the capacity to add. . .
16/05 Asda, the British supermarket arm
of U.S. giant Walmart, reported a dip in quarterly sales
and warned of an "increasingly challenging backdrop" after
regulators thwarted its plan to merge with rival Sainsbury's
.. . .
16/05 Milan prosecutors requested jail
terms for four former Deutsche Bank staff and two
former Nomura employees in relation with two controversial
derivative transactions the two banks arranged for Italian
lender Monte dei Paschi di. . .
16/05 Lloyds Banking Group has
defended the 6.3 million pound ($8.06 million) pay package
awarded to chief executive Antonio Horta-Osorio, after criticism
from politicians and investor trade bodies.. . .
16/05 German public-sector
banks Helaba and Deka are considering a potential tie-up, people
close to the matter said, in a sign that the country's
fragmented banking market might be moving towards consolidation.. . .
16/05 Euro zone banks are turning
away from cross-border activity, putting at risk the bloc's
banking union and raising the risk of dangerous fragmentation,
European Central Bank Vice President Luis de Guindos said on
Thursday.. . .
16/05 Croatia needs to accelerate
economic reforms to catch up with its more developed EU peers,
central bank governor Boris Vujcic said on Thursday, pointing
out that it remained harder to do business there than. . .
16/05 Airbus Chief Executive
Guillaume Faury warned on Thursday any further escalation of
trade tensions would damage aerospace firms globally, including
the European planemaker's U.S. rival Boeing.. . .
16/05 Four people were arrested and
addresses raided in Britain, the Netherlands and Belgium in a
joint Anglo-Dutch investigation into biodiesel trading at
British road fuel supplier Greenergy, the UK's Serious Fraud
Office (SFO) said on. . .
16/05 Equinor has still not
identified the source of an oil spill at its Statfjord field in
the North Sea, and the loading of crude onto tankers remains
shut, the Norwegian company told Reuters on. . .
16/05 British travel group Thomas Cook
issued its third profit warning in less than a year on
Thursday, sending shares tumbling to a 6-1/2 year low as it said
discounting and higher fuel and hotel. . .
16/05 Weakening rules for banks and
insurers after Brexit would be "anathema", but Britain could
change its style of regulating to respond faster to change, Bank
of England Deputy Governor Sam Woods said on Thursday.. . .
16/05 British livestock genetics firm
Genus agreed on Thursday to license its know-how on
virus-resistant pigs to Beijing Capital Agribusiness Co Ltd,
which will seek regulatory approval for the pigs in the world's
biggest pork market.. . .
16/05 The European Union will provide
Irish beef farmers with 50 million euros of exceptional aid to
compensate for the fall in beef prices suffered as a result of
the Brexit process, the European Commission's. . .
16/05 Greece's second-largest lender
National Bank (NBG) plans to reduce its non-performing loan
portfolio to around 5% of total loans by 2022, it said on
Thursday, from 41% at the end of 2018.. . .
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