|Bid||7.07 x 0|
|Ask||7.08 x 0|
|Day's range||7.06 - 7.17|
|52-week range||4.22 - 9.17|
|Beta (3Y monthly)||1.06|
|PE ratio (TTM)||110.62|
|Forward dividend & yield||N/A (N/A)|
|1y target est||5.60|
British Airways and Air New Zealand have joined a wave of major U.S. airlines planning to introduce extra gender options for LGBT+ passengers who don't identify as either male or female. LGBT+ groups have welcomed the change, saying it would smooth the way for many trans, intersex and non-binary passengers - or those who simply don't look typically male or female - who have long faced discrimination when flying. "It's a big move", Julia Ehrt, of the International Lesbian, Gay, Bisexual, Trans and Intersex Association (ILGA), told the Thomson Reuters Foundation.
Euro zone government bond yields hovered near recent lows before the release of a survey of euro zone businesses that is expected to confirm subdued growth in the region and keep demand for bonds strong amid optimism over U.S.-China trade talks. Similar readings for the euro zone's two largest economies, France and Germany, will precede the region-wide number. Final January inflation figures for Italy are also due, at a time when economic prospects for the euro zone's third largest economy look particularly bleak.
Scotland's economy could shrink by up to 7 percent if Britain leaves the European Union without a deal on March 29, according to a report by the Scottish government's chief economist Gary Gillespie on Thursday. Last year, the Bank of England said the UK economy could slump as much as 8 percent if Prime Minister Theresa May fails to reach a deal in time. Scotland makes up less than one tenth of Britain's overall economy but is responsible for the United (Shenzhen: 000925.SZ - news) Kingdom's biggest food and drink exports, such as whisky and salmon.
Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well as U.S. sanctions on OPEC members Iran and Venezuela. U.S. President Donald Trump said negotiations with China were going well and suggested he was open to extending the deadline to complete them beyond March 1, when tariffs on $200 billion worth of Chinese imports are scheduled to rise to 25 percent from 10 percent. "We're in a market waiting for the next headline to drive us higher or lower," said Phil Flynn, analyst at Price Futures Group in Chicago, adding U.S.-China trade talks are among the issues that market participants have focused on the most.
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. Shares (Berlin: DI6.BE - news) in the Swiss bank fell as much as 3.2 percent after the ruling on Wednesday.
France and Cyprus took full advantage of a market supercharged by expectations of more monetary stimulus from the European Central Bank to print syndicated bonds on Tuesday. France had garnered a maximum of 33.5 billion euros of demand for a 7 billion euro 30-year bond sale, a lead manager told Reuters, before pricing the deal at seven basis points over its outstanding 2048 bonds. Cyprus too took full advantage of the strong bid for bonds to price its longest ever issue, a 1 billion euro 15-year which came at 175 basis points over mid-swaps in a further sign of how far the country has come since it returned to the capital markets in 2014, International Financing Review reported.
Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. "Firstly, I object to what the U.S. has done. This kind of politically motivated act is not acceptable," Ren told the BBC in an interview https://bbc.in/2DV079V.
Scotland will step up efforts to persuade EU citizens to stay after Brexit, its First Minister will tell French lawmakers on Tuesday, amid concerns about potential workforce shortages in the largest of the United (Shenzhen: 000925.SZ - news) Kingdom's three smaller nations. Nicola Sturgeon, who supports Scottish independence from the United Kingdom, will tell French lawmakers that Britain's proposals for its exit from the European Union and limitations on freedom of movement will damage Scotland's economy more than Britain as a whole.
Seven Labour lawmakers quit on Monday over leader Jeremy Corbyn's approach to Brexit and a row over anti-Semitism, saying Britain's main opposition party had been "hijacked by the machine politics of the hard left". In a direct challenge to Corbyn, the seven centrist MPs (BSE: MPSLTD.BO - news) said they were courting others from across parliament to join their group, saying "enough is enough" in keeping silent over their doubts about the Labour leader's fitness for office.
The world economy is caught in a "delicate equilibrium" between stabilisation and a further downturn, according to Bank of England Governor Mark Carney, and that balance could look even shakier over the next few days. Early measures of factory activity from Asia, Europe and the United States – which typically give signals of momentum in the overall economy - will be scrutinised by investors, many of whom fear that the sudden weakness of late 2018 is intensifying. Trade tensions have weighed heavily on factories around the world, something that is likely to be high on the minds of negotiators from the United States and China when they resume their talks to avert an escalation of their tariff war.
U.S. manufacturing output fell steeply in January as motor vehicle production posted its biggest fall since 2009, with declines in a broad range of goods likely to fuel fears of a sharp slowdown in factory ...
Brent crude oil climbed above $65 a barrel to its highest this year as OPEC-led supply cuts and this week's announcement of a higher than expected cut by Saudi Arabia encouraged investors. Brent approached near three-month highs and was set for a gain of nearly 5.5 percent on the week. The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia started voluntary production cuts last month, aiming to tighten the market.
Britain should avoid relying on a monopoly provider of equipment in new 5G mobile networks, but there are no easy answers to concerns about using Chinese supplier Huawei, the chief of Britain's foreign intelligence service said on Friday. Huawei, the world's biggest producer of telecoms equipment, faces intense scrutiny in the West over its relationship with the Chinese government and U.S.-led allegations that its equipment could be used by Beijing for spying. No evidence has been produced publicly and the firm has repeatedly denied the allegations, which have led several Western countries to restrict Huawei's access to their markets.
XPO Logistics Inc (Frankfurt: UX2A.F - news) , one of the largest global freight transportation and warehousing companies, on Thursday reported quarterly profit that missed targets and warned that a reduction of business from its biggest customer would hit 2019 growth. Chief Executive Bradley Jacobs said quarterly results missed internal targets due to challenges in France and the U.K., as well as the loss of profit from a key business segment of its largest customer, which was not identified. Jacobs forecast 2019 adjusted earnings growth in the 6-10 percent range.
It means the club has now spent £33.2m dismissing the three managers hired since Sir Alex Ferguson retired in 2013 at the end of a trophy-laden 26 years in charge. The pay-off for Mourinho was less than reported in some quarters but more than double the £8.4m it cost United to sack predecessor Louis van Gaal and four times the £5.2m hit from axing David Moyes in 2014. Mourinho, who proclaimed himself the "special one" when he first arrived in the Premier League as Chelsea manager in 2004, was fired by United before Christmas following a dismal string of results.
Sacking Portuguese manager Jose Mourinho cost Manchester United (NYSE: MANU - news) 19.6 million pounds ($25.1 million), the English Premier League soccer club said on Thursday, though it still expects to meet its financial targets for the year. Mourinho departed in December after a run of dismal results, prompting the appointment of former United (Shenzhen: 000925.SZ - news) striker Ole Gunnar Solskjaer as caretaker manager for the rest of the season.
British property surveyors are the most downbeat about the short-term outlook for house prices in nearly eight years, and sellers are shying away from putting homes on the market in the run-up to Brexit, a survey showed on Thursday. The Royal Institution for Chartered Surveyors (RICS) said its monthly house price balance sank to -22 last month from December's reading of -19, the lowest since July 2012 and a bigger drop than forecast in a Reuters poll of economists. Asked about the outlook for house prices over the next three months, surveyors expected the most widespread price falls since February 2011.
The New Zealand dollar and Sweden's crown rose after their central banks broke with the growing caution of the world's major monetary-policy makers, surprising traders who had expected more dovish signals. The kiwi was the stand-out performer after the neutral tone of the Reserve Bank of New Zealand's policy announcement, which came as hopes for a breakthrough in talks between the United (Shenzhen: 000925.SZ - news) States and China to end their trade war boosted riskier assets. The Swedish crown also stormed higher after the Riksbank said the economic outlook had not changed much since December and it would stick to its plan to lift interest rates in the second half of 2019.
The dollar was on track for its longest winning streak in two years on Tuesday, as hopes of a breakthrough in U.S-China trade talks and a tentative deal to avoid a U.S. government shutdown encouraged investors to cover short bets on the currency. At the end of 2018, the dollar was the consensus short trade among hedge funds, as traders bet the U.S. Federal Reserve would pause in its rate increases and other major economies would grow quickly. "It is remarkable for the dollar to post this kind of rising streak after a dovish Fed last month, and it shows how cautious investors are becoming over the outlook of the global economy," said Lee Hardman, a currency strategist at MUFG in London.
Emerging market shares rebounded on Tuesday, after four sessions of losses, buoyed by hopes of a resolution of trade tensions between China and the United States. U.S. and Chinese officials expressed hopes ...
The U.S. dollar held at a two-month high and the Australian dollar gained on Tuesday as expectations of progress in trade talks between the United (Shenzhen: 000925.SZ - news) States and China and a tentative deal to avoid a U.S. government shutdown lifted sentiment. U.S. lawmakers reached a deal on border security funding that could help avert another partial shutdown due to start on Saturday (Shenzhen: 002291.SZ - news) , fuelling gains in Asian stocks. "The dollar is the market's pet currency at present regardless of whether concerns about the global economy are on the rise or whether (there are) risks in connection with the trade conflict between China and the US as well as the government shutdown," currency strategists at Commerzbank (Xetra: CBK100 - news) said in a note.
Oil prices edged lower on Monday as worries surrounding the resumption of U.S.-China trade talks overshadowed support from OPEC-led supply restraint. U.S. West Texas Intermediate (WTI) crude fell 31 cents, or 0.59 percent, to settle at $52.41 a barrel. On Thursday, U.S. President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before the March 1 deadline, dampening hopes of a quick trade pact.
Former Manchester United midfielder Paul Scholes believes the time is right to begin his managerial career after being appointed Oldham Athletic manager on a one-and-a-half-year contract on Monday. British media reported that Scholes was cleared to take up the position last week when the English Football League decided the 44-year-old's 10 percent stake in fifth-tier Salford City would not represent a conflict of interest.
Britain has approached the United Arab Emirates and other Gulf countries on a possible trade pact after Britain leaves the European Union, the UAE economy minister said on Monday. Such agreements can take ...
U.S. lawmakers are pushing for stronger aviation security with a bipartisan bill that would require passenger airlines to install secondary security doors between cabins and the cockpit on current aircraft to prevent another Sept. 11-style attack. Hijackings remain a threat despite improvements in global aviation safety since Sept. 11, 2001, when hijacked planes flew into New York's World Trade Center and the Pentagon, four U.S. representatives - Democrats Andre Carson and Josh Gottheimer and Republicans Brian Fitzpatrick and Peter King - said in a statement.