|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.0800 - 0.0950|
|52-week range||0.0500 - 0.3200|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The people of Ireland (Other OTC: IRLD - news) are set to liberalise some of the world's most restrictive abortion laws by a landslide, an exit poll showed on Friday, as voters demanded change in what two decades ago was one of Europe's most socially conservative countries. The Irish Times/Ipsos MRBI exit poll suggested that voters in the once deeply Catholic nation had backed a referendum by a margin of 68 percent to 32 percent.
Britain would develop its own separate satellite navigation system if it lost access to the Galileo project, the European Union's version of GPS, Britain's finance minister said on Friday. Britain told the European Union on Thursday it will demand the repayment of up to 1 billion pounds ($1.34 billion) if the bloc restricts its access to Galileo. "The plan has always been to work as a core member of the Galileo project, contributing financially and technically to the project.
Suburbs are often seen as sleepy backwaters, but a new project aims to show how a vibrant mix of faith communities is putting some of London's less celebrated outskirts at the forefront of social change. Mosques, synagogues and Sikh temples nestle alongside traditional pubs and shops on the streets of Ealing, a west London suburb that is one of the most culturally diverse areas in Britain, according to local government statistics. "These are the kinds of places where real social and cultural change is taking place," David Gilbert, a professor of urban and historical geography at London's Royal Holloway University, told the Thomson Reuters Foundation.
Britain may have to stay in the EU customs union after the post-Brexit transition period finishes at the end of 2020 because new trading arrangements will not be ready, according to a parliamentary report on Thursday. Prime Minister Theresa May has been struggling to unite her cabinet over the terms of Britain's divorce with the EU, with a row over future customs arrangements dividing her government and all but stalling Brexit negotiations. May's spokeswoman says the government intends to be ready with new customs arrangements by the end of the transition period, but others doubt that is possible.
Sainsbury's, Britain's second largest supermarket group, has bowed to pressure from employees and trade unions by changing some of the pay proposals it detailed in March as part of a move to simplify the company's wage structure. The group, which last month agreed a 7.3 billion pounds ($9.8 billion) takeover of rival Asda, employs 195,000 in Britain and Ireland (Other OTC: IRLD - news) and is the UK's second biggest private sector employer after Tesco (Frankfurt: 852647 - news) . Sainsbury's said on Thursday that following a consultation process with staff representatives and unions it had agreed to increase unsociable hour premium payments, extend location pay supplements to staff working in all outer London areas rather than just inner London, and raise online driver payments.
A trio of shareholders at Europe's biggest paper packaging group Smurfit Kappa Group Plc have asked it to enter talks with the largest listed U.S. paper packaging firm International Paper Co (IP), the Financial Times reported on Wednesday. One of the investors urging Ireland (Other OTC: IRLD - news) -based Smurfit Kappa (Frankfurt: SK3.F - news) to engage with IP is British asset management firm Janus Henderson Group PLC, which holds a 4.3 percent stake in the Irish packaging company, the report said. "The message to Smurfit is to please either engage and get around the table with IP or give us reasons why you are not engaging," Janus Henderson's European equities head John Bennett told the FT.
Britain’s Foreign Secretary Boris Johnson concluded a five-day charm offensive in Latin America on Wednesday by expressing interest in a trade agreement with Chile (Stuttgart: 704599.SG - news) and other countries in Latin America's so-called Pacific Alliance. Johnson extended a trip to a G20 foreign ministers’ meeting in Buenos Aires to include a tour of Peru, Argentina and Chile, seeking closer ties with all three countries.
Businesses will face a cost of up to 20 billion pounds ($27 billion) a year to comply with the customs arrangement favoured by the keenest Brexit supporters within the cabinet, Britain's most senior tax official said on Wednesday. "You need to think about the 'highly streamlined customs arrangement' costing businesses somewhere in the late teens of billions of pounds, somewhere between 17 and 20 billion," Jon Thompson, permanent secretary at Her Majesty's Revenue and Customs, told lawmakers. It appears to be the first official cost estimate for the customs arrangement known as "max fac" or "maximum facilitation", and could be a setback for supporters such as Foreign Secretary Boris Johnson who favour a clean break with the EU after Britain leaves the bloc next year.
British infrastructure fund HICL posted a 31 percent fall in full-year pre-tax profit on Wednesday and said the political environment and collapse of building contractor Carillion (Frankfurt: 924047 - news) weighed on earnings. The firm's pre-tax profit fell to 122.1 million pounds ($163.63 million) for the year ending March 31 from 177.1 million a year earlier, HICL said in a statement. Infrastructure shares have been under pressure after the opposition Labour party last year suggested nationalising private finance initiative contracts, in what would be a radical departure from existing government policy.
British finance minister Philip Hammond rejected a call from a leading employers group on Tuesday to keep Britain in a customs union with the European Union after Brexit, saying it was not needed to keep trade running smoothly. Hammond, speaking to business leaders, said the government understood a set of post-Brexit customs priorities set out by the Confederation of British Industry, including avoiding delays at borders and no extra red tape. "But we do not agree that staying in a customs union is necessary to deliver them," he said, adding the government was continuing to work on its alternative options.
Tesco (Frankfurt: 852647 - news) , Britain's biggest retailer, said on Tuesday it will close its non-food website Tesco Direct in July, having decided it could not make the loss-making business profitable. Tesco Direct will cease trading on July 9 and, as part of this, a distribution centre at Milton Keynes, south east England, which handles the website's orders will also close. "Tesco has conducted a detailed review of Tesco Direct...and has concluded that, despite its best efforts, there is no route to profitability for this small, loss-making part of the business," it said.
US cable giant Comcast (Swiss: CMCSA.SW - news) is unlikely to face a regulatory review of its £22bn takeover bid for Sky (Frankfurt: 893517 - news) , the owner of Sky News. Culture Secretary Matt Hancock said he was "not minded" to refer the bid to the Competition and Markets Authority (CMA) for deeper scrutiny on public interest grounds. The news will come as a disappointment to 21st Century Fox, Sky's biggest single shareholder, which is also trying to buy the company.
Britain said it was unlikely to refer Comcast (Swiss: CMCSA.SW - news) 's bid for Sky (Frankfurt: 893517 - news) for a lengthy investigation after an initial review found that the $30 billion offer did not raise public concerns about media ownership. Media minister Matt Hancock said however that he would give interested parties until 1700 local time on May 24 to respond before giving his final decision on whether the deal should be examined by British as well as European officials. Sky is at the centre of a bid battle between Comcast, the world's biggest entertainment company, and Rupert Murdoch's Twenty-First Century Fox, which founded the British pay-TV group and already owns 39 percent.
LONDON, May 21 - At Reuters, planning for the marriage of Britain’s Prince Harry to American actress Meghan Markle last Saturday in Windsor, England, began back in November when the royal engagement was ...
Ryanair’s Irish union has given the company until May 24 to agree to new working practices, or it will ballot pilots for possible industrial action, including strikes. The Irish airline recognised trade unions in December for the first time in its 32-year history, when pilots exploited a chaotic period after the company was forced to cancel thousands of flights due to rostering problems. The airline has experienced some minor disruption due to industrial action in Germany and Portugal, but has so far avoided a major strike.
The outgoing UK and Ireland chief executive of retailer Dixons Carphone is in discussion with Marks & Spencer about joining the firm's board, Sky News reported on Saturday. Dixons Carphone said in April ...
Apple (NasdaqGS: AAPL - news) has paid 1.5 billion euros ($1.76 billion) into an escrow account set up by the Irish government to hold 13 billion euros in disputed taxes, Finance Minister Paschal Donohoe said on Friday. The European Commission ordered Apple in August 2016 to pay the taxes it ruled it had received as illegal state aid, as part of its wider drive against what it says are sweetheart tax deals usually used by smaller states in the bloc to lure multinational companies and their jobs and investment. Both Apple and Dublin are appealing the ruling, saying the iPhone maker's tax treatment was in line with Irish and European Union law.
It's long been argued that, if there was a major blow-up in the Italian economy, the country would – unlike Greece, Portugal and Ireland (Other OTC: IRLD - news) , which received bail-outs after the financial crisis from the European Commission, the International Monetary Fund and the European Central Bank – be "too big to save". During the last week or so, as the anti-establishment Five Star Movement and the far-right League have fumbled their way towards forming a coalition government, bond markets have been fretting that the two parties plan to test that theory to destruction. Italian 10-year government bonds, a good indication of the country's borrowing costs, have surged from 1.913% on Monday night to 2.2% on Friday morning - the highest level since early October.
Independent News & Media (LSE: INM.L - news) (INM) , Ireland (Other OTC: IRLD - news) 's largest newspaper group, has opposed the appointment of inspectors by the country’s corporate watchdog to look into an alleged data security incident, it said in a statement on Friday ahead of its annual shareholder meeting. Ireland's Office of the Director of Corporate Enforcement (ODCE) began an investigation into INM in March following a clash between the company's then chief executive and chairman in 2016 over the terms of a possible acquisition of Irish radio station Newstalk.
Britain will soon put forward its proposal for a backstop arrangement to prevent a hard border with EU member Ireland (Other OTC: IRLD - news) , Prime Minister Theresa May told European Union officials on Thursday, her spokeswoman said. May made the comments at a meeting with European Commission President Jean-Claude Juncker and European Council President Donald Tusk in the Bulgarian capital, Sofia.
The marriage of U.S. actress Meghan Markle to Britain's Prince Harry has prompted more U.S. visitors to fly to the UK, with data showing that bookings from the U.S. for this week are 12 percent ahead of last year. Americans will be among the royal fans convening on the town of Windsor before Saturday (Shenzhen: 002291.SZ - news) 's wedding, suggested data provided by Travelport website on Thursday. It showed that before the wedding date was announced last December, bookings for arrival into Britain from the U.S. for this week were down around 7 percent, but following the news of the wedding date, they are now up 12 percent compared to the same week in 2017.
Britain is still negotiating with the European Union over a workable backstop arrangement if any Brexit deal is delayed, Prime Minister Theresa May's spokeswoman said on Thursday. Britain is suggesting it would be willing to extend the use of EU tariffs as a backstop if there are delays in ratification of a Brexit deal, to avoid a return to a hard border between Northern Ireland and Ireland (Other OTC: IRLD - news) . "The negotiations are continuing on what a workable backstop looks like - those negotiations haven't concluded," the spokeswoman said.
LONDON/PARIS/WASHINGTON, May 16 (Reuters) - They were supposed to be the toughest sanctions the United States had ever imposed on a Russian oligarch. Seventeen days later, Washington watered them down. On April 23, the U.S. Treasury eased restrictions on billionaire Oleg Deripaska's aluminium company Rusal.
Britain's biggest telecoms company BT aims to reinvigorate its unloved brand by combining the strengths of its fixed-line and mobile networks, it said on Wednesday, to jump-start a stalled turnaround under its embattled CEO. Gavin Patterson's efforts to transform BT into a modern communications provider have been undermined by regulatory issues, pensions and accounting fraud, which have led to investor disquiet as its share price tumbled to five-year lows. On Wednesday it set out a new strategy from consumer boss Marc Allera to offer seamless services such as supercharged broadband to provide customers with faster speeds and a hub offering the best TV content to counter BT's image of a former telecoms monopoly dogged by bad customer service.
Britain's Northern Ireland minister Karen Bradley said on Wednesday that there will be no new cameras on the border on the island of Ireland (Other OTC: IRLD - news) after Brexit. Under this proposal, traders on an approved list or "trusted traders" would be able to cross borders freely with the aid of automated technology. "We are committed to no new physical infrastructure at the border, no new checks or controls at the border," Bradley said.