|Bid||3.0400 x 3200|
|Ask||3.0300 x 41800|
|Day's range||2.9400 - 3.0300|
|52-week range||2.2800 - 4.1700|
|Beta (5Y monthly)||0.50|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||30 Jun 2013|
|1y target est||7.65|
South African miner Gold Fields Ltd has hired investment bank RBC Capital Markets to explore the sale of a 30% stake in its gold project in northern Chile, two sources said. The gold sector has seen two multi-billion dollar takeovers over the last 18 months and bankers and investors say a buoyant gold market could drive further activity. Gold Fields received environmental approval for the construction of Salares Norte, a mine high in the Andes mountains, in December, and said it would decide whether to go ahead in the first half of 2020 as it needs $834 million in funds.
Willie Walsh to stand down as boss of British Airways ownerInternational Airlines Group says CEO will be succeeded by Iberia chief Luis Gallego
A daily overview of the top business, market and economic stories you should be watching today in the UK and abroad.
The owner of British Airways has agreed a €1bn (£864m) takeover of Spain's third-largest airline, Air Europa. International Airlines Group (IAG) already owns Spanish carrier Iberia and low-cost airline Vueling. The Air Europa purchase marks the latest consolidation in an industry suffering the effects of intense fare competition and surging fuel bills.
Commercial Metals' (CMC) Q4 results likely to reflect benefits of improvement in key end markets amid higher manufacturing costs and interest expenses.
Pakistan welcomed the first British Airways (BA) flight on Monday after a decade-long absence due to security fears, with ministers saying it will boost business, trade and tourism between the South Asian nation and Britain. BA's Boeing 787 Dreamliner landed in Islamabad from Heathrow airport to begin a three flights per week service, Pakistan's Civil Aviation spokesperson Farah Hussain said. High-ranking Pakistani and British embassy officials welcomed the flight, which returned to Britain the same day.
Britain will modernise its outdated airspace in a bid to make the aviation sector greener and cut the amount of fuel it burns by a fifth, the government said on Friday, on what could be the country's busiest-ever day for flights. The Department for Transport (DfT) said that technology would be used to improve the efficiency of flight paths and speeds, and the changes could see planes reduce the fuel they burn by the equivalent of 400,000 fewer flights a year. "We need to keep our infrastructure in the sky up to date to keep people moving," said Aviation Minister Charlotte Vere.
Chile's Supreme Court on Thursday struck down a proposed deal on routes between carriers LATAM Airlines, American Airlines, British Airways and Iberia, upending an agreement meant to reshape international air travel in Latin America. The decision comes more than two years after the carriers announced their plans, termed a joint business agreement.