|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||25.78 - 26.11|
|52-week range||25.78 - 26.11|
|PE ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
The Government must secure a Brexit transition "as close as possible [to] the status quo" ahead of "serious decisions" in the coming months to relocate jobs out of the UK, the five leading business lobbying groups have warned David Davis. In a strongly worded letter to the Brexit Secretary obtained by Sky News, organisations including the CBI and British Chambers of Commerce demanded "urgent agreement on transition arrangements to give businesses the certainty and time they need to prepare for a new UK-EU economic partnership". Collectively, the quintet represents members employing millions of private sector workers, making theirs a powerful voice in the quest for a smooth Brexit which slows the momentum towards big headcount reductions in UK company workforces.
Two Australian financial services giants are engaged in a £550m takeover battle for the fund management business headed by Richard Buxton, one of the City's best-known investors. Sky News has learnt that Challenger and Macquarie Investment Management are among a "small handful" of bidders for a £25bn division of Old Mutual Global Investors (OMGI). The bidding war, which has intensified in recent weeks, has pitted the Australian groups against TA Associates, a buyout firm which counts Jupiter Asset Management among its former investments.
LONDON, Oct (Shenzhen: 000069.SZ - news) 20 (Reuters) - Britain's Court of Appeal has refused Libya's $67 billion sovereign wealth fund the right to appeal against the 2016 judgment handed down by Britain's High Court in the fund's $1.2 billion case against Goldman Sachs (NYSE: GS-PB - news) . The Libyan Investment Authority (LIA) lost the 2016 case, which related to nine equity derivatives investments carried out in 2008 that turned out to be worthless. In the trial, the fund had argued that it was too unsophisticated to understand what it was buying, and that Goldman had abused its position as a trusted adviser.
There is further evidence of growing frustration over the direction of Brexit talks in a tweet by one of the most powerful bankers in the United States. The chief executive of Goldman Sachs (NYSE: GS-PB - news) - America's fifth-largest bank by market value - took aim at London following a series of meetings in Frankfurt, tweeting: "Great meetings, great weather, really enjoyed it. Lloyd Blankfein made his remarks two weeks after the bank signed a lease to substantially increase its office space in Germany's financial centre.
Goldman Sachs CEO Lloyd Blankfein says he "really enjoyed" a visit to Frankfurt, exciting buzz about the German city's chances of being picked as the investment bank's post-Brexit EU headquarters...
London will remain the world's leading financial centre, a spokesman for British Prime Minister Theresa May said on Thursday when asked about comments by Goldman Sachs chief executive Lloyd Blankfein. ...
Britain's biggest debt collector has lined up the boss of Wonga to steer it through a London flotation expected to value it at £1bn. Sky News has learnt that Andy Haste, the former RSA Insurance (LSE: RSA.L - news) chief executive, is to be unveiled as the new chairman of Cabot Credit Management. Insiders said that Cabot's owners, the New York-listed speciality finance firm Encore Capital Group and private equity group JC Flowers, would seek to sell part of their stakes in the flotation.
The owner of the Wagamama restaurant chain is preparing to swallow Britain's biggest operator of go-kart tracks, even as concerns about the consumer spending outlook dampen investors' enthusiasm for leisure and retail industry deals. Sky News understands that Duke Street Capital, a private equity firm, has secured a deal to acquire Teamsport, which operates more than 20 sites across the UK. The deal, which could be announced as soon as Thursday, will be significant for Duke Street as it will be the first struck by a new fund which has the backing of Goldman Sachs (NYSE: GS-PB - news) , the Wall Street investment bank.
Oct (Shenzhen: 000069.SZ - news) 17 (Reuters) - The Dow Jones Industrial Average breached the 23,000-mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson (NYSE: JNJ - news) , but the S&P 500 was flat. "My view is it may take several days or a couple of weeks before it can sustain a level above 23,000," said Robert Pavlik, chief market strategist at Boston Private Wealth in New York.
Iraqi government forces remove a Kurdish flag from the Bai Hassan oil field, west of the multi-ethnic northern Iraqi city of Kirkuk, on October 17, 2017 Iraqi forces took control of the two largest oil ...
U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results ...
Investment banking firm Goldman Sachs (NYSE: GS-PB - news) says it is exploring options for its £750,000 stake in The Weinstein Company. "There is no place for the inexcusable behaviour that had been reported, and we strongly condemn it," said Andrew Williams, a spokesman for the global financial giant. Goldman Sachs' stake in the production company is small - under $1m.
Cabot Credit Management, Britain's biggest debt collector, is set to launch a 1 billion pound stock market float next week after a delay last month to revamp its board, a person familiar with the matter ...
LONDON, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - Uber lodged a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating licence in its most important European market, the first stop on what is set to be a long legal road. Transport for London (TfL) shocked the Silicon Valley firm last month by deeming it unfit to run a taxi service and refusing to renew its licence, citing its approach to reporting serious criminal offences and background checks on drivers. The appeal marks the beginning of months of legal wrangling in a battle that had pitched one of the world's richest cities against a Silicon Valley giant known for forays into new markets across the globe that have stoked competition for established cab companies.
NEW YORK, Oct (Shenzhen: 000069.SZ - news) 12 (Reuters) - Oil prices rebounded from earlier losses, although they were still down on the session, after the Energy Department reported a larger-than-expected decline in U.S. inventories and a falloff in weekly production on Thursday. The market was still under pressure, though, from a bearish outlook by the International Energy Agency, which lowered its forecast for oil demand for 2018. Oil has strengthened in recent weeks due to a sharp drawdown in distillates feeding expectations for renewed demand, but it is unclear whether U.S. crude prices will regain the high of nearly $53 a barrel reached in late September.