04/12 Gold prices on Wednesday hovered near a
one-month high hit in the previous session, as comments from
U.S. President Donald Trump dashed market hopes for a quick
preliminary agreement with China, driving support for. . .
04/12 Nickel prices slid on Wednesday,
with the Shanghai benchmark hitting its lowest in more than four
months, on concerns that an expanded and longer trade war may
dent demand for the key ingredient in. . .
04/12 Oil prices rose on Wednesday ahead
of a meeting of OPEC and its allies to discuss whether to extend
production curbs to support the market, while industry data
showing that U.S. crude stockpiles fell. . .
04/12 A U.S. judge on Tuesday disqualified James
Cole, a Washington lawyer for China's Huawei, from defending the
telecommunications equipment maker against charges of bank fraud
and sanctions violations.. . .
04/12 Irish service sector growth
bounced back strongly last month from a seven-year low as
business confidence rose to its highest level since June amid
firmer demand from customers, a survey showed on Wednesday.. . .
04/12 A surprise drop in coal use in the
United States and Europe has helped to slow the growth of global
carbon dioxide emissions this year, with softening demand in
China and India also contributing,. . .
03/12 Ailing conglomerate
Thyssenkrupp has worked out a new strategy for the
group's steel business, a leading labour representative said on
Tuesday, adding the roadmap included significant investments but
also restructuring steps.. . .
03/12 The World Trade Organization (WTO)
battled on Tuesday over whether to bring its Appellate Body to
an abrupt halt or allow its adjudicators to settle a handful of
pending cases, according to trade officials. . .
03/12 Gold jumped more than 1% on Tuesday on
fading optimism surrounding a U.S.-China trade deal after U.S.
President Donald Trump said talks could extend until after the
presidential elections in November 2020.. . .
03/12 Glencore could announce a
new chief executive next year once a new management team is in
place, its current boss told an investor meeting on Tuesday as
the commodities giant laid out its priorities. . .
03/12 British exotic sports car maker
McLaren Automotive will bank on expanded sales in Asia and a new
generation of hybrid cars as it steers toward a potential public
offering, the company's chief executive said. . .
03/12 Ireland expects to run a
better-than-expected budget surplus of 0.4% of gross domestic
product this year following another surge in corporate tax
receipts, Finance Minister Paschal Donohoe said on Tuesday.. . .
03/12 Swiss cocoa products maker Barry
Callebaut said on Tuesday that 26% of the farmer groups
from which it sourced products in 2018/2019 had programmes to
prevent child labour,
more than double the figure from the. . .
03/12 Ryanair launched a bid in
Ireland's High Court on Tuesday to prevent operations chief
Peter Bellew from joining arch-rival easyJet until 2021, saying
he possessed information of immense competitive value and that
he had signed. . .
03/12 A private equity consortium's $3.4
billion takeover of British satellite company Inmarsat
was approved at a court hearing on Tuesday after hedge fund
investors dropped a plan to challenge the value of the deal.. . .
03/12 Jean Pierre Mustier has shed bad
loans, raised billions in capital and crafted a quirky new image
for UniCredit with the help of Elkette, a soft-toy he
brings out for selfies with fellow bankers. . .
03/12 Ireland's tax take was 2.7% or 1.4
billion euros ahead of target for 2019 at the end of November,
the finance department said on Tuesday, following another surge
in corporate tax receipts it had. . .
03/12 The takeover of Inmarsat
by a private equity-led consortium was rubber stamped by
London's High Court on Tuesday after a group of hedge funds
earlier abandoned a challenge to the $3.4 billion deal.. . .
03/12 Oil producers from the
Organization of the Petroleum Exporting Countries (OPEC) are
unlikely to agree to change their current deal on curbing output
until the market outlook becomes clearer, a senior official at
the International. . .
03/12 Ukraine's state prosecutor office
said on Tuesday that Kostyantin Zhevago, the former chief
executive of London-listed iron pellet producer Ferrexpo
, had been put on an international wanted list.. . .
03/12 U.S. President Donald Trump's
administration threatened to impose duties of up to 100% on
French imports worth $2.4 billion after it concluded a tax on
digital services imposed by Paris would be "unusually
burdensome" for. . .
03/12 Italian insurer Assicurazioni
Generali has held talks with U.S. rival MetLife Inc
to buy the bulk of its European assets but discussions
have stalled due to differences over price, four sources told
Reuters.. . .
03/12 Bosnia's autonomous
Bosniak-Croat Federation raised 40 million Bosnian convertible
marka ($22.74 million) through an auction of three-year domestic
bonds to help plug its budget gap and finance maturing debt, the
Finance Ministry said on Tuesday.. . .
03/12 Italy's representative on the
European Central Bank's governing Council said he favours bond
purchases over interest rate cuts as a stimulus tool because
their effects are broader and stronger.. . .
03/12 Low inventories across the
copper supply chain mean that any resolution to the U.S.-China
trade war could trigger a snap rally in prices as consumers rush
to restock, market participants said on Tuesday.. . .
03/12 Isabel Schnabel, Germany's next
representative on the European Central Bank's board, would have
voted against restarting bond purchases but considers the tool a
valid instrument and sees the need to maintain easy policy, she
said. . .
03/12 British cave explorer Vernon Unsworth is
suing Tesla Chief Executive Elon Musk for defamation over three
tweets on July 15, 2018, including one in which Musk allegedly
branded him a pedophile, calling him "pedo. . .
03/12 Aviva Plc on Tuesday appointed
Amanda Blanc, the first woman to be appointed as chair of the
Association of British Insurers in 2018, as an independent
non-executive director, with effect from Jan. 2.. . .
03/12 Vietnamese startup Bamboo Airways
said on Tuesday it will take delivery of a Boeing 787-9
Dreamliner this month, its first wide-body aircraft, and
aims to start direct flights to the United States by early. . .
03/12 The liquefied natural gas (LNG)
physical trading team at the Singapore unit of Russia's Gazprom
, including the global head of LNG trading, have
resigned from the company, several industry sources said.. . .
03/12 Finland's President Sauli
Niinisto asked the current administration to remain as a
caretaker government after accepting the resignation of Prime
Minister Antti Rinne's five-party coalition on Tuesday.. . .
03/12 The Kremlin said on Tuesday it did
not think it was possible to stop free market competition after
the U.S. Federal Bureau of Investigation said it considered any
mobile app developed in Russia to. . .
03/12 German fintech N26, valued at $3.5
billion in its latest funding round, views a stock market
listing as an attractive option, but rather in 4-5 years than in
the short-term, its Germany head told. . .
03/12 The pace of decline in British
construction eased last month but the sector remained a long way
from a return to growth as Brexit and election uncertainty
continued to weigh, a survey showed on. . .
03/12 Dutch meal delivery firm
Takeaway.com defended its $6.1 billion all-share offer
for Just Eat on Tuesday, saying rival cash bidder Prosus
was trying to buy the British company "on the cheap",
even though its bid. . .
03/12 Canada's Endeavour Mining Corp on
Tuesday went public with its 1.47 billion pound ($1.89 billion)
all-stock buyout proposal for Centamin Plc after the
British gold miner's board rebuffed several attempts to engage
in deal talks.. . .
03/12 The European Commission has
asked Malta to clarify how it intends to address Bank of
Valletta's shortcomings over its monitoring of foreign customers
who applied to buy Maltese citizenship under a so-called "golden
passport" scheme.. . .
03/12 Finland's Centre Party, part of
the ruling five-party coalition, said on Tuesday it had lost
confidence in Social Democrat Prime Minister Antti Rinne, in a
move that will likely force him to resign.. . .
03/12 Plumbing parts distributor Ferguson Plc
reported a 5% rise in adjusted first-quarter profit on
Tuesday, boosted by an improvement in residential housing
activity in the United States and said it was on track to. . .
03/12 About three dozen firms
including ride-hailer Grab, Standard Chartered and
Singapore Telecommunications are in talks to form
consortiums that can meet tough entry norms to bid for
Singapore's digital bank licences, sources said.. . .
03/12 The World Trade
Organization on Monday rejected European Union claims that it no
longer provides subsidies to planemaker Airbus,
prompting the United States to say it could increase retaliatory
tariffs on a wider range of. . .
03/12 The U.S. Trade
Representative's office on Monday said it saw no basis in
Monday's World Trade Organization report that would justify
reducing U.S. retaliatory tariffs by $2 billion as Europe's
Airbus has suggested.. . .
03/12 British shoppers picked up the
pace of their spending last month - excluding distortions caused
by the timing of Black Friday - as they took a break from
worrying about Brexit, a survey showed. . .
03/12 British household goods maker Reckitt
Benckiser Group Plc said on Tuesday it was extending its
paid leave globally for new mothers from 16 weeks to 26 weeks,
but the change will take time to. . .
03/12 European Union leaders meeting
in Brussels next week will push to agree to put the bloc on
net-zero greenhouse gas emissions by 2050, their draft joint
statement showed on Monday, heralding a bitter fight. . .
02/12 The U.S. government on Monday
said it would review the possibility of raising tariffs on
European Union products and applying tariffs to more products,
given what it called lack of progress in resolving a. . .
02/12 Oil futures gained about 1% on
Monday on hints the Organization of the Petroleum Exporting
Countries (OPEC) and its allies may agree to deepen output cuts
at a meeting this week and as rising. . .
02/12 Gold steadied on Monday after paring
losses as weak U.S. manufacturing data rekindled worries about a
slowing economy, while palladium exceeded $1,860 per ounce in
its week-long surge to new all-time highs on a. . .
02/12 Prime Minister Giuseppe Conte told
parliament on Monday a contested reform of the euro zone's
bailout fund was in Italy's national interest, but that it
should only be adopted as a package alongside other. . .
02/12 European shares posted their biggest daily
drop in two months on Monday, with most major markets including
Germany and France slumping more than 2%, as a reimposition of
U.S. metal tariffs on Brazil and. . .
02/12 UK shares handed back gains to close lower
on Monday as a combination of U.S. President Donald Trump
setting off global trade worries and disappointing data from the
world's biggest economy doused the morning's. . .
02/12 Zinc sank to its lowest in nearly
three months on Monday and other industrial metals also posted
losses as investors doubted that upbeat manufacturing data in
China pointed to an economic recovery.. . .
02/12 Thyssenkrupp needs to
pour 1.5 billion euros ($1.7 billion) into its core steel
business after years of underinvestment has left at a
competitive disadvantage, the head of its works council.. . .
02/12 Germany's borrowing costs rose on
Monday after the country's Social Democrats chose new leaders
critical of their own ruling coalition, with yields on benchmark
10-year debt set for the biggest one-day gain in nearly. . .
02/12 U.S. House of Representatives
Speaker Nancy Pelosi took her duel with Donald Trump to a
climate summit on Monday, pledging that Congress would urgently
tackle global warming despite the president's opposition to an
international pact.. . .
02/12 Kanabo Research has agreed to be bought by
cash shell Spinnaker Opportunities in what could lead to
the first listing of a cannabis company on London's main stock
market and help the Israeli firm. . .
02/12 Clinical healthcare software group
Dedalus is in exclusive talks to buy part of Belgium-based
Agfa-Gevaert's healthcare information technology
business for an enterprise value of 975 million euros ($1.07
billion), the companies said on Monday.. . .
02/12 Vitol, the world's biggest oil
trader, will begin exporting fuel oil and diesel from
Turkmenistan via the Russian port of Novorossiisk this month,
five trading sources said, capitalising on its recent success in
restarting Turkmen. . .
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