The world's biggest listed miner BHP said on Tuesday it would invest $400 million ( £321 million) over five years to reduce emissions from its own operations and from those generated by the use of its resources. At a speech in London, BHP CEO Andrew Mackenzie was due to say the company's &
Sales fell year-on-year at all of Britain’s big four supermarket groups over the 12 weeks to July 14, according to analysts Kantar.
A clumsy suspect in Sydney, New South Wales, helped police officers with their work on July 22 when he crashed a van allegedly carrying crystal meth worth $200 million into a police car parked outside Eastwood police station. Boxes containing more than 270 kilograms of methyl-amphetamine were found in
The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion (£802 million) in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires. All but four companies of the 25 stocks listed on the market fell as investors
PZ Cussons said a turnaround plan will involve selling off under-performing brands and focusing on beauty and personal care
Japan's government retained its view that the economy is recovering at a moderate pace, while saying that weakness continued to centre on exports, according to a monthly economic report for July released by the Cabinet Office on Tuesday. Risks to the outlook posed by lacklustre overseas demand could
This firm’s strong order book looks set to drive further returns ahead, and I think the dividend record is impressive.
Sterling fell for the third straight day on Tuesday, dragged down by a firmer dollar and concern that the new prime minister, whose identity will be known later in the day, will pull Britain out of the European Union with no trade deal in place. The result of the Conservative Party election will be
Euro zone banks expect loan demand to rise in the third quarter while they keep corporate lending and mortgage credit standards unchanged, the European Central Bank said in a quarterly lending survey on Tuesday. With economic growth slowing and uncertainty on the rise, the ECB has already given banks
Jul.23 -- Ali Malik, investment advisor at Bank of Singapore, discusses the possibility of a U.S.-China trade deal by the end of the year and how he would invest in Chinese assets. He speaks on “Bloomberg Daybreak: Europe.”
Jul.23 -- Justo Ortiz, chairman of Union Bank of the Philippines, discusses the possible corporate tax cut in the Philippines, the equity market, the peso, the property sector, their tie up OCBC Bank and his business strategy. He speaks exclusively on “Bloomberg Markets: Asia.”
Jul.23 -- Peter England, chief executive officer at RAK Bank, discusses interest margins, loans in U.A.E., how a Fed rate cut would impact his business, loan growth and consolidation in the region. He speaks on “Bloomberg Daybreak: Middle East.”
Wall Street and Asian stock markets all rose overnight on a combination of generally positive corporate results on Wall Street and in Europe and bets that major central banks would cut interest rates soon. Asia-focused banks HSBC and Standard Chartered both gained more than 1%.
British grocery sales fell by 0.5% in the latest 12 week period, marking the first overall decline in the sector since June 2016, industry data showed on Tuesday. Market researcher Kantar said the fall reflected the heatwave during the same period last year which boosted demand and made comparisons
Shares in UPM rose 5% in early trade, valuing the firm at 12 billion euros. UPM forecast its business will continue to perform well for the rest of the year, with modest demand growth in all areas, save one of its units producing newspaper and magazine paper. UPM said it expects global pulp prices
Jul.23 -- Banco Santander SA Chief Financial Officer Jose Garcia Cantera discusses job cuts, the low interest-rate environment, Brexit and former UBS banker Andrea Orcel's lawsuit. He speaks on "Bloomberg Daybreak: Europe" after the lender's net income fell 18% in the second quarter
Broadcaster Central European Media Enterprises (CME) beat forecasts with a 20.5% rise in second-quarter core profit and further reduced its debt, it said on Tuesday. CME's operating income before depreciation and amortisation (OIBDA) increased to $73.3 million (£58.8 million ), above the average
South Korea's LG Display Co Ltd said it is looking to diversify its supplier base as it prepares for expanded trading curbs from Japan on some display-making materials which threaten to impact the broader tech industry. LG Display, which on Tuesday posted a bigger-than-expected second-quarter operating