20h34 Billionaire hedge fund manager David
Tepper stepped up pressure on Allergan Plc, saying on
Tuesday the drugmaker should consider selling itself if
management is unable to turn around recent lagging performance.. . .
20h32 Walmart Inc posted its strongest
holiday quarter in at least a decade on Tuesday, boosted by
higher grocery and e-commerce sales, and said it saw no signs of
weakness in U.S. consumer spending despite. . .
20h32 Argentina's central bank,
looking to rein in a stronger peso, has snapped up close to 1
billion U.S. dollars in the last month, helping trim back
sky-high interest rates and top up dollar reserves. . .
20h04 The recapitalisation of
Germany's NordLB bank should be investigated by the European
Commission as it likely involved state aid that might have
violated European Union rules, two EU lawmakers said on Tuesday.. . .
19h47 Britain has urged Germany to
exempt big defence projects from its efforts to halt arms sales
to Saudi Arabia or face damage to its commercial credibility,
the German magazine Der Spiegel reported on Tuesday.. . .
19h46 Policies bought by European Union
customers from British insurers would still be valid if the UK
crashes out of the bloc next month with no deal, the EU's
insurance watchdog said on Tuesday.. . .
19h42 Oil steadied on Tuesday after
hitting 2019 highs as concerns about global crude oil demand,
coupled with uncertainty over the latest round of U.S.-China
trade talks, countered investor optimism around tightening
supplies.. . .
19h41 Gold prices surged to a
10-month high on Tuesday, as the U.S. dollar weakened, on
optimism for a breakthrough in U.S.-China trade talks, with
bullion also receiving support as a safe-haven asset due to
concerns. . .
19h38 Barclays believed deals
with strategic investors during the 2008 financial crisis would
help to provide a springboard for its international ambitions,
the bank's former chairman told a London criminal trial on
Tuesday.. . .
19h33 Sterling shot past $1.30 on
Tuesday on hopes that Prime Minister Theresa May will make
progress in seeking changes to her Brexit deal with the European
Union, although some traders struggled to explain the. . .
19h15 Britain's main index fell on Tuesday,
weighed down by disappointing results from blue-chip heavyweight
HSBC and a stronger pound, while mid-cap baker Greggs surged to
a record high after guiding to higher full-year profits.. . .
19h07 European shares dipped on Tuesday
as a disappointing update from HSBC hit the heavyweight banking
sector and a rally fuelled by optimism about a possible
Sino-U.S. trade deal ran out of steam.. . .
18h45 U.S. Silica Holdings Inc
reported a smaller-than-expected quarterly loss on Tuesday,
driven by increased supply of sand to industries such as glass
and construction as its main frac sand business slows.. . .
18h26 Germany and France have agreed a
proposal for a common euro zone budget to be used to reward
countries that successfully implement economic reforms and to
finance strategic investments, German media reported on Tuesday.. . .
18h21 The dollar on Tuesday fell
against a basket of other currencies as traders scaled back
their safe-haven greenback holdings on optimism that a fresh
round of talks between China and the United States would. . .
17h49 England's High Court on Tuesday
gave Aviva, Britain’s second largest insurer, approval to
transfer around 9 billion pounds ($11.69 billion) in assets to
a new Irish company just before the starting gun is. . .
17h47 Treasury yields fell on Tuesday
morning as trade talks between the United States and China
neared their March 1 deadline and ahead of the release of
minutes from the Federal Reserve's January policy-setting
meeting.. . .
17h46 British farmers and
food producers must decide whether to proceed with shipments
next week because exports could face tariffs if Britain leaves
the European Union without a deal, a farming leader said on
Tuesday.. . .
17h36 Danske Bank
will pull out of Russia and the neighbouring Baltic
states, the Danish lender said after Estonia ordered it to close
the branch at the centre of one of the largest-ever money
laundering scandals.. . .
17h28 China will deepen reforms of its
agriculture sector to promote its rural economy, the government
said in its first policy statement of 2019, as it seeks to
bolster growth and offset trade challenges.. . .
17h26 HeidelbergCement's long-standing
CEO will step down next year before potentially moving to head
the supervisory board in 2022, the German company said on
Tuesday, as it forecast a rise in demand and margins this. . .
17h20 Greek central bank governor
Yannis Stournaras called on the government on Tuesday to rein in
a minister who he said had tried to interfere with the bank's
independence when he phoned him about inquiries. . .
17h11 Intercept Pharmaceuticals Inc
said on Tuesday its treatment in patients with a progressive
fatty liver disease showed an improvement in scarring on the
organ, taking the drug a step closer to approval and sending. . .
16h51 Latin American currencies strengthened on
Tuesday amid increased risk appetite for assets in the region
as the dollar softened with investors tracking the next round of
trade talks between the United States and. . .
16h39 Britain's foreign minister has
written to Germany's foreign minister expressing concern about
the effect of Germany's halt in exports to Saudi Arabia on both
the British and European defence industry, a magazine reported
on Tuesday.. . .
16h29 Glencore Plc is planning to cut
production at one of its largest copper and cobalt mining
operations in the Democratic Republic of Congo, the Wall Street
Journal reported https://on.wsj.com/2GxACiU, citing sources on
Tuesday.. . .
16h18 The U.S. economy lost a lot of
momentum during the fourth quarter and suffered a serious wobble
in December, which should give policymakers pause before doing
anything that could unsettle fragile sentiment further.. . .
15h28 France and Germany on Tuesday
proposed to give the European Council, the forum representing
European Union governments, the right to override some antitrust
decisions by the European Commission in certain "well-defined
cases".. . .
15h00 BP plans to ramp up
production at Azerbaijan's Shah Deniz gas field and keep output
flat at the Azeri-Chirag-Guneshli (ACG) oilfields this year, a
senior regional official at the British oil major said.. . .
14h45 Germany recorded the world's
largest current account surplus for the third year running in
2018 due to strong exports that are vexing U.S. President Donald
Trump and raising the risk of U.S. tariffs on. . .
14h31 An unexplored 7,000 square
kilometre (2,700 square mile) swathe of the British North Sea,
previously thought to contain empty chambers left by three
extinct volcanoes, may hide oil and gas instead, the University
of Aberdeen. . .
14h20 Activist investor Edward
Bramson's bid to join the Barclays board is destined to
fail, shareholders told Reuters, though he has sharpened
scrutiny of its investment banking strategy that Bramson argues
has depressed profitability.. . .
14h20 The United Kingdom must urgently
end the uncertainty over its exit from the European Union so
that businesses can have clarity about the future, business
minister Greg Clark said just hours after Honda said. . .
13h53 Three deals to sell shopping
malls in Italy have been scrapped or put on hold as a plan by
the coalition to restrict Sunday trading raises questions about
the value of the properties involved,. . .
13h50 India's thermal coal imports
could rise by about 10 percent in 2019 due to rail transport
problems and other logistical bottlenecks, an executive at the
country's largest coal trader Adani Enterprises said on Tuesday.. . .
13h28 Iran's exports of crude oil were
higher than expected in January and are at least holding steady
this month, according to tanker data and industry sources, as
some customers have increased purchases due to. . .
13h05 The zloty bucked a mild
easing of Central European currencies and stocks on Tuesday,
taking support from stronger than expected growth in Poland's
corporate wages and employment.
Stocks in emerging markets. . .
13h04 Environmentalists urged EU
policy makers on Tuesday to take a tougher stance on air
pollution from coal power plants in the Western Balkans, blaming
the fumes for 3,900 deaths across Europe each year.. . .
13h00 A German court on Tuesday ruled
in favour of Volkswagen in a case brought by a
customer seeking compensation for having bought a diesel car
affected by emissions cheating, but the plaintiff's lawyer plans
to. . .
12h58 German prompt power prices
rose on Tuesday on less wind power production and export demand
from neighbouring countries, while those in France fell on
higher nuclear power availability and lower demand.. . .
12h48 European Union lawmakers voted
on Tuesday to start negotiations with the United States over
lower tariffs for industrial goods, a deal designed to ease
trade tension with the Trump administration.. . .
12h44 A quarterly leading indicator of
world merchandise trade slumped to its lowest reading in nine
years on Tuesday, which should put policymakers on guard for a
sharper slowdown if trade tensions continue, the World. . .
12h42 British workers' pay growth
maintained its fastest pace in a decade in late 2018 and job
creation stayed strong, data showed, suggesting the labour
market was buoyant ahead of Brexit as the broader economy
slowed.. . .
12h17 Asian refining margins for jet fuel slipped on Tuesday, but
stayed close to a one-month high touched in the previous session, while cash discounts for the
aviation fuel widened amid muted demand in. . .
12h04 Northern Europe will experience
above normal temperatures for the better part of March to May,
with most of the continent enjoying a generally warm and wet
spring, The Weather Company said on Tuesday.. . .
11h58 BHP Group, the world's biggest
miner, on Tuesday reported a drop in first-half 2019 profit as a
decline in copper earnings and a series of output disruptions
boosted costs and resulted in missed opportunities. . .
11h44 Foreign flows into emerging Asian bonds
turned negative for the first time in four months in January,
data showed, suggesting that a shift away from a tightening bias
for regional central banks is dimming. . .
11h41 Philippine stocks fell the most on
Tuesday dragged by losses in the real estate and financial
stocks, as most of the Southeast Asian equity markets ended
lower, while Malaysia gained as investors took positions. . .
11h39 France and Cyprus launched
syndicated bond sales on Tuesday as euro zone government bond
yields were hovering near lows on expectations the European
Central Bank will look to boost a faltering economy with cheap
loans.. . .
11h35 Ireland's deputy prime minister
on Tuesday called on people not to stockpile medicine before
Britain quits the European Union, saying the country had at
least eight weeks of supply and was moving to source. . .
11h30 The Philippine central bank will
act swiftly if it judges there is not enough liquidity in the
financial system to maintain economic momentum, its deputy
governor Diwa Guinigundo said on Tuesday.. . .
11h00 The adjusted current account
surplus of the 19 countries sharing the euro narrowed to 16
billion euros in December from 23 billion euros in November, its
lowest figure in two years, data from the. . .
10h07 Chinese coal traders
have stopped ordering Australian coal as clearing times through
China's customs have doubled to at least 40 days, according to
major buyers in China and international coal merchants,
resulting in a sharp. . .
10h00 In a campaign video featuring
images of fireballs and flashing lights, Senegalese President
Macky Sall is depicted in front of an express train, a motorway,
a glass high-rise and then a sports arena.. . .
09h56 Bank of Georgia Group Plc
reported an 11.8 percent jump in annual profit on higher lending
thanks to a growing Georgian economy, but warned that growth of
unsecured consumer loans would moderate on the. . .
09h56 Austrian bank BAWAG Group
lifted its 2020 profit target and proposed paying a
higher dividend after its focus on retail and small businesses
paid off last year with an unexpected 14 percent increase in
pre-tax. . .
09h46 Uber [UBER.UL] has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help resolve a long-simmering feud with traditional taxi drivers.. . .
09h43 China's central bank sold a net 1.2 billion yuan worth of foreign exchange in January,
according to Reuters calculations based on central bank data released on Tuesday.
The following are historical data. . .
Complete the form below to recieve your daily selected share information straight to your inbox every evening. You only have to complete the form once. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.
Subscribe to get a summary of the day's market data and news sent straight to your inbox. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.