|Bid||10,950.00 x 0|
|Ask||11,000.00 x 0|
|Day's range||10,250.00 - 11,100.00|
|52-week range||6,250.00 - 11,650.00|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Oil-focused hedge fund firm Westbeck Capital will enter new territory next month with an equities fund designed to tap into growing excitement over electric vehicles, according to a draft investor presentation seen by Reuters. Westbeck's Electric Metals Fund will aim "to capitalise on the electric revolution", the presentation said, investing in 30-50 stocks, many in metals hotspots Australia and Canada. The fund will bet on both rising and falling share prices of companies focused on the raw materials needed for the development of electric vehicles, such as batteries and supporting infrastructure.
U.S. long-dated Treasury yields fell on Tuesday morning along with those of European bonds, after a Reuters report said the European Central Bank was not quite ready to end its bond-buying scheme at next ...
U.S. long-dated Treasury yields fell on Tuesday along with those of European bonds, after a report said the European Central Bank was not quite ready to put away its bond-buying scheme at next week's meeting. ...
North Sea Forties was unchanged on Friday after three deals, while Statoil continued to lower its offer level for Troll after eliciting little buying interest in the last few days. * Several traders said ...
New (KOSDAQ: 160550.KQ - news) measures by Britain to turn the tide on plastic waste do not go far enough, environmentalists said on Friday. Unveiling a new environmental agenda, British Prime Minister Theresa May said on Thursday Britain would eradicate avoidable plastic waste in the next quarter century. The moves - including extending a 5 pence (7 cents) charge for a single-use plastic bag to all retailers and introducing packaging-free aisles in supermarkets - were welcomed by campaigners but also criticised for missing an opportunity to do more to protect the planet.
** British engineering group's shares up 20 pct after co rejects Melrose Industries acquisition proposal ** Confirms it got cash and stock proposal from Melrose for 405 pence per share on Jan 8; offer ...
Oil prices retreated from big gains on Thursday, but still managed to settle at three-year highs after the global Brent benchmark hit $70 a barrel on signs of tightening supply in the United States. Brent crude futures settled 6 cents higher at $69.26 a barrel, after hitting $70.05 a barrel during the session, its highest level since November 2014. Brent's settlement still represents a three-year closing high.
U.S. producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services, which could temper expectations that inflation will accelerate in 2018. Other data on Thursday showed initial claims for unemployment benefits increasing for the fourth straight week to more than a three-month high. Weak wholesale prices could stoke fears that the causes of weak inflation will become more persistent and prompt the Federal Reserve to be more cautious about raising interest rates this year.
U.S. Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommended the country slow or halt its purchases of the U.S. bonds. China is the largest ...
U.S. Treasury yields jumped to 10-month highs on Wednesday after Bloomberg News reported that Chinese officials have recommended the country slow down or halt its purchases of the U.S. bonds. China is ...
Oil prices edged higher on Tuesday, with U.S. crude touching its highest since December 2014, supported by OPEC-led production cuts and expectations that U.S. crude inventories have dropped for an eighth ...
The EU executive called on Monday for an expanded budget to cover more spending on defence, security and controlling migration despite the upcoming departure of Britain, one of the bloc's main paymasters. European Commission President Jean-Claude Juncker led calls during a forum debating forthcoming negotiations on a new seven-year budget for the share of the bloc's economic output devoted to EU spending be increased by around 10 percent from 2021, the year after Britain will stop paying its substantial share. Juncker said that the EU costs taxpayers barely the price of a daily cup of coffee.
New Look, House of Fraser and Debenhams (Frankfurt: D2T.F - news) bonds hit lows on Monday because of financial stress, but the year's first high-yield deal for online property platform Zoopla will test how far concerns around UK consumer names has spread to the market. ZPG, which operates Zoopla, is out with a £200m 5.5-year non-call two senior unsecured note via HSBC and Lloyds and will market the offering in a roadshow running from Tuesday to Thursday. Zoopla's deal was announced against the backdrop of a sell-off in UK high-yield retailers, with New Look's bonds plummeting by up to six points from Friday's close after reports over the weekend that credit insurers have halted the sale of credit insurance on new shipments to its suppliers, while House of Fraser's £175m 2020 FRN lost over nine points on the back of news that it is renegotiating its rents.
Charles Randell, an ex-lawyer who advised the British government during the financial crisis, has been appointed chair of Britain's Financial Conduct Authority, the finance ministry said on Friday. Randell, formerly a partner at international law firm Slaughter & May, will face the tricky task of helping Britain's financial services sector to navigate the country's departure from the European Union, which could potentially put UK finance jobs at risk. Randell takes over in April from John Griffith-Jones who was appointed for a 5-year term in 2013.
The number of new cars sold in the UK fell for the first time since 2011 in the last year, hurting the battle to combat carbon dioxide emissions. The Society of Motor Manufacturers and Traders (SMMT) said its figures suggested a "backlash" against diesel cars had resulted in an own goal for the environment. It reported a drop of 5.7% in new car sales during 2017 - the biggest fall since 2009.
The number of new cars sold in the UK fell for the first time since 2011 in the last year, according to industry figures. The Society of Motor Manufacturers and Traders (SMMT) reported a drop of 5.7% during 2017 - the biggest fall since 2009. It said 2.54 million new cars were registered in 2017 compared with 2.69 million the previous year - with diesel sales continuing to provide the main drag.
** Shares in UK car dealerships fall after UK car sales recorded their biggest annual drop since 2009 ** New car sales fell more than 5 percent due to uncertainty over potential new diesel charges and ...
Oil rose on Thursday to its highest since May 2015 on concern about supply risks due to unrest in Iran and additional support from OPEC-led output cuts and demand-boosting cold weather in the United States. Anti-government protests since last week in OPEC's third-largest producer have added a geopolitical risk premium to oil prices, though Iran's production and exports have not been affected. Brent crude, the international benchmark, rose 5 cents to $67.89 a barrel as of 11:43 a.m. EST (1643 GMT) after hitting a high of $68.27 earlier in the session.
Unionized workers at Glencore Plc's Lomas Bayas copper mine in Chile rejected a final contract offer and began government-facilitated mediation on Thursday to avoid a strike, the union said, adding that ...
French utility EDF (Swiss: EDF.SW - news) integrated the nuclear reactor business of fellow state-owned group Areva (LSE: 0P4A.L - news) and resurrected the unit's old name Framatome. Framatome will be 75.5 percent owned by EDF, 19.5 percent by Japan's Mitsubishi Heavy Industries (Other OTC: MHVYF - news) and 5 percent by engineering group Assystem (LSE: 0OA7.L - news) .
Some of Britain's biggest investment platforms have stopped taking fresh money into hundreds of exchange-traded funds (ETFs (Shenzhen: 395013.SZ - news) ) and investment trusts after they failed to meet new European Union rules in time. Hargreaves Lansdown and Bestinvest said they had been forced to act after the funds were too slow or refused to provide information required under the EU's new Packaged Retail and Insurance-based Investment Products (PRIIPs) legislation.
Four women have filed a lawsuit alleging they were paid less by Google than their male colleagues. The lawsuit claims the tech business is at fault for asking new employees about their previous salaries, something that has recently been banned in California in an effort to narrow the gender pay gap. Led by lawyer James Finberg, the women are arguing that Google's use of a previous salary to set someone's starting pay means that men are given higher starting salaries and, as a result, have better prospects.
Although Britain generated most of its electricity from low carbon sources for the first time in 2017, it needs to invest more in clean energy to meet climate change targets, experts said on Wednesday. Nuclear is the UK's largest source of low-carbon electricity at 21 percent, followed by wind at 15 percent and biomass at 9 percent, according to analysis by Carbon Brief, a website that covers energy policy, using data from Imperial College London.
U.S. factory activity increased more than expected in December, boosted by a surge in new orders growth, in a further sign of strong economic momentum at the end of 2017. The economy's robust fundamentals were also underscored by other data on Wednesday showing construction spending rising to a record high in November amid broad gains in both private and public outlays. Given the bullish growth outlook, economists expect the Federal Reserve will raise interest rates in March after increasing borrowing costs three times last year.
In 2017, the index's best year since 2009, it set scores of record highs and rose by one-fifth in value. The Nasdaq Composite and the Dow Jones Industrial Average also broke records, propelled by tech stocks. The Dow Jones Industrial Average rose 51.23 points, or 0.21 percent, to 24,875.24, the S&P 500 gained 11.82 points, or 0.44 percent, to 2,707.63 and the Nasdaq Composite added 48.79 points, or 0.7 percent, to 7,055.69.