07h54 London copper prices struggled
to firm up from near four-month lows on Wednesday, as concerns
of supply disruptions due to a blockade at MMG Ltd's
Las Bambas mine in Peru were offset by U.S.-China. . .
07h08 Russia's Energy Ministry said on
Wednesday that clean crude oil was moving via the Druzhba
pipeline towards the border of Hungary and Slovakia and was
expected to reach the metering stations there within a. . .
06h57 Gold edged lower on Wednesday to hover
near a two-week low, as a stronger dollar and signs of easing
Sino-U.S. friction dented demand for bullion ahead of the
minutes from U.S. Federal Reserve's latest. . .
02h05 Britain's expensive housing
market has so far weathered the uncertainty swirling around the
country's planned departure from the European Union, but average
prices are unlikely to rise sharply and will fall in London this
year,. . .
21/05 Airbus is in discussions
to try to find solutions to a row with the German government
over a ban on arms exports to Saudi Arabia that threatens a
border security contract, Chief Executive Guillaume. . .
21/05 Airbus hinted
on Tuesday at a price battle and imminent aircraft revamp to
counter a possible new Boeing mid-sized jet, promising a
"left hook, right hook" from two of its established models.. . .
21/05 French utility Engie
and Portugal's EDP said on Tuesday they will
invest 15 billion euros ($16.7 billion) with the aim of becoming
the world's number two offshore wind developer after Denmark's
Orsted.. . .
21/05 Gold prices dropped on Tuesday to the
lowest in more than two weeks, as the dollar strengthened along
with equities and other riskier assets ahead of the U.S. Federal
Reserve's release of minutes from. . .
21/05 SIX Group must pay a 7.029
million Swiss franc ($6.96 million) fine related to card payment
transactions between 2005 and 2007, the Swiss Federal
Administrative Court said on Tuesday, upholding a fine by the
Swiss. . .
21/05 Raw sugar futures on ICE
rose on Tuesday, supported by a firmer currency in top-grower
Brazil, after earlier falling to their lowest levels in 7-1/2
months; while the stronger Brazilian real also helped lift
arabica. . .
21/05 Plans by Britain's opposition
Labour Party to nationalise utilities including the country's
electricity grid will damage investment as well as hurting many
small shareholders, one of the country's main business groups
warned on Tuesday.. . .
21/05 The Benetton family's holding
company will not replace its departing CEO, giving the second
generation of the family a bigger role in managing its economic
empire, a source close to the matter said.. . .
21/05 Britain's biggest retailer Tesco
will stop mortgage lending at its banking business
because of tough market conditions, it said on Tuesday, as rival
lender Nationwide Building Society reported a drop in profit
margins.. . .
21/05 The FTSE rose on Tuesday, helped by a
rally in homebuilders amid news of a proposed parliamentary vote
on a second Brexit referendum and gains in Asia-facing stocks
after the United States relaxed restrictions. . .
21/05 Belarus state energy company
Belneftekhim said it would take two months to resume fully oil
transit through the Druzhba pipeline after contamination by
Russian oil, TASS news agency reported on Tuesday.. . .
21/05 Aluminium ended barely changed on
Tuesday after a day of choppy trade, as a boost from a temporary
easing of U.S. trade restrictions on China's Huawei was offset
by expected higher output from Norsk. . .
21/05 European shares rose on Tuesday, with
tech stocks contributing to gains as they recovered some ground
lost in the previous session following a temporary easing of
U.S. restrictions on China's Huawei.. . .
21/05 British Steel, the country's
second largest steel producer, is on the brink of collapse
unless the government agrees to provide an emergency 30 million
pound ($38 million) loan, two sources close to the situation
said.. . .
21/05 French businessman Jacques Veyrat,
who owns more than 50 percent of renewable energy firm Neoen
, told financial daily Les Echos he has no intention
of selling his Neoen stake in exchange for a. . .
21/05 Government bond yields in much of
the euro zone steadied above recent multi-year lows on Tuesday,
with investors still reluctant to sell fixed income given
heightened concern about economic growth and trade tensions.. . .
21/05 Activists disrupted
BP's annual shareholder meeting on Tuesday shouting "this is a
crime scene" in the latest climate protest against the oil and
gas group, while rival Royal Dutch Shell got some rare praise
from. . .
21/05 Foreign clearing houses for
derivatives face tougher scrutiny for risks they would pose to
the United States economy if they collapsed, a senior regulator
said on Tuesday, mirroring recently-approved European Union
reforms.. . .
21/05 Total said on Tuesday it
had curbed output at its German refinery at Leuna due to
continuing problems with contaminated Russian crude oil supply,
while Germany's oil industry's lobby said national supply
security was not. . .
21/05 A year after Indian
police killed 13 people protesting against pollution from a
copper smelter in this hardscrabble southern port city, tensions
within the community and between residents and the police are
still running high.. . .
21/05 Royal Dutch Shell
revealed on Tuesday that in 2018 only its gas subsidiary NAM
paid corporate tax in the Netherlands, where it is
headquartered, following Dutch parliamentary demands that it
attend a hearing on tax. . .
21/05 Saudi Arabia's Public Investment
Fund (PIF) has attracted only tepid interest in plans for its
latest multibillion-dollar debt sale, banking sources say,
suggesting the kingdom is losing its appeal for some lenders.. . .
21/05 Sustainable investment specialist
Generation Investment Management, co-founded by former U.S. Vice
President Al Gore, has raised $1 billion for its latest private
equity fund, it said on Tuesday.. . .
21/05 At least three major investors
in Deutsche Bank want Chairman Paul Achleitner to
step down early amid discontent with the bank's turnaround, two
people with knowledge of the matter said on Tuesday.. . .
21/05 Hopes for a speedy resumption of
oil exports from Russia to Poland and Germany along the Druzhba
pipeline route are fading after plans to remove dirty oil from
the pipeline had a major setback. . .
21/05 Britain's government will leave
"no stone unturned" to support the country's steel sector amid
the crisis facing producer British Steel and it has been in
contact with former owners Tata Steel, a minister said
on. . .
21/05 Hungarian refining company MOL
said on Tuesday that it will it start taking clean
Russian oil later this week via a major pipeline after agreeing
to store 100,000 tonnes of contaminated crude.. . .
21/05 British factories suffered the
biggest fall in orders this month since late 2016, gearing down
from their rush to stockpile before the original Brexit
deadline in March and boding badly for the economy. . .
21/05 Finance Minister Bruno Le Maire
said a decision by France regarding the 5G telecoms network
would be based on security and performance of networks, and
added that Paris would not rule out a specific. . .
21/05 Ireland's unemployment rate was
revised down sharply on Tuesday, the statistics agency said,
taking the level below 5% for the first time in over a decade as
jobs were added at the fastest pace. . .
21/05 Belarusian Prime Minister Sergei
Rumas said on Tuesday he planned to discuss the contamination of
Russian oil via the Druzhba pipeline with Russian Prime Minister
Dmitry Medvedev on Friday, Belarus' Belta news agency reported.. . .
21/05 European powers are facing huge
pressure from the United States to drop its proposed trade
channel with Iran and it will also not succumb to ultimatums
from Tehran, French Finance Minister Bruno Le Maire. . .
21/05 Belarus needs a month to evaluate
damages from the contamination of Russian oil via the Druzhba
pipeline, the Belta news agency cited Prime Minister Sergei
Rumas as saying on Tuesday.
(Reporting by Andrei Makhovsky; writing. . .
21/05 Germany will pass a draft law on
Wednesday to support corporate research and development with
annual incentives of 1.25 billion euros ($1.39 billion),
officials said on Tuesday, in an effort to boost cutting-edge
technologies in. . .
21/05 Norway's sovereign wealth fund bought a
3.10% stake in Metro Bank on Friday, a day after the
British lender raised 375 million pounds ($476.10 million) to
shore up its balance sheet, a filing showed.. . .
21/05 Majestic Wine said on Tuesday
multiple suitors had shown interest in its retail business, a
month after Britain's largest specialist wine retailer said it
was looking to sell the unit to focus online.. . .
21/05 Trading companies Vitol
and Unipec are sending around 700,000 tonnes (5.1 million
barrels) of contaminated Russian oil to Asia in an attempt to
place the barrels rejected by buyers in Europe, according to
trading sources. . .
21/05 UK construction firm Galliford Try
unveiled a retrenchment programme on Tuesday that it
said would deliver 15 million pounds ($19 million) of savings a
year from 2021 and a faster rise in operating margins,. . .
21/05 India's main opposition
Congress party has told its workers not to lose heart and to
remain vigilant at vote-count centres after exit polls predicted
a clear election victory for Prime Minister Narendra Modi.. . .
21/05 Congo Republic's senate on Monday voted to restructure some of its debt with China, a move that the International Monetary Fund has said was necessary to unlock financial support, the finance. . .
21/05 WH Smith Plc announced the
departure of Chief Executive Officer Stephen Clarke after six
years in charge on Tuesday, as the British books, stationery and
newspaper chain reported another double-digit rise in sales in
the. . .
21/05 An international trade fair in
North Korea this week may be the largest such event on record,
analysts said on Tuesday, with hundreds of Chinese and other
foreign vendors taking part despite sanctions pressure.. . .
21/05 HSBC Holdings PLC
plans to add more than a 1,000 jobs this year at its technology
development centres in China, as the Asia-focused lender seeks
to bolster its presence in the world's second largest. . .
21/05 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. . .
20/05 Struggling Spanish retailer DIA
reached an eleventh-hour agreement to secure financing
on Monday, new owner LetterOne said in a statement, staving off
the imminent risk of having to start insolvency proceedings.. . .
20/05 British companies are likely to
cancel projects that they have put on hold because of Brexit
uncertainty if the country leaves the European Union without a
deal to smooth the shock, Bank of England. . .
20/05 Greenpeace activists blocked the
entrance to BP's London headquarters on Monday, demanding
one of the world's biggest energy companies ends all new oil and
gas exploration or goes out of business.. . .
20/05 European stocks recorded broad-based
losses on Monday, as a U.S. crackdown on China's Huawei
Technologies rekindled concerns about worsening global trade and
wilted the continent's trade-exposed tech and auto stocks.. . .
20/05 Zinc prices hit four-month lows
on Monday as investors fretted about rising supplies from top
producer China, while industrial metals overall came under
pressure from trade tensions between the United States and
China.. . .
20/05 Britain's main share index slipped again
on Monday as worries over international trade increased on the
back of U.S. curbs on China's Huawei, while weak results from
Ryanair triggered a sell-off in airlines across. . .
20/05 Euro zone government bond yields
edged up on Monday from last week's multi-year lows, with focus
on Austria after the collapse of its coalition at the weekend
raised the chances of a snap national. . .
20/05 Time to abandon the Huawei
phone? That was what some owners asked after U.S. tech giant
Google said it would suspend its business with China's
top mobile maker, threatening future access to Gmail, YouTube
and. . .
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