|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.0000 - 0.0000|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Oil benchmarks fell on Wednesday after an unexpected build in U.S. crude and gasoline inventories despite strong demand, and as traders weighed the possibility of an increase in OPEC crude output to cover any shortfalls in supply from Iran and Venezuela. U.S. crude inventories rose 5.8 million barrels last week, while gasoline stocks increased by 1.9 million barrels, the Energy Information Administration said.
The leader of the free world is trash-talking globalisation and advocating trade tariffs, another president says inflation is caused by high interest rates, and the incoming government of a G7 country wants 250 billion euros of national debt written off. From Donald Trump to Turkey's president Tayyip Erdogan to an incoming populist coalition in Italy, challenges to the global economic and financial market orthodoxy of the past 40 years are coming thick and fast.
British inflation fell unexpectedly in April, according to data that prompted fresh questions about when the Bank of England would next raise interest rates and pushed sterling to its lowest level against ...
Driven by the prospect of Britain's withdrawal from the European Union next year, the number of British passport holders who became German citizens jumped by 162 percent last year, Germany's Federal Statistics Office said on Wednesday. Nearly 7,500 Britons acquired German citizenship last year. This is more than double the number of Britons who became Germans in the 15 years from 2000.
German solar battery maker sonnen has secured 60 million euros ($71 million) in funds from Shell Ventures and existing shareholders to expand at home and abroad. Shell Ventures, a unit of the Anglo-Dutch oil major that has been boosting its investments in solar and other renewables, was a lead investor in the latest funding round, sonnen Chief (Taiwan OTC: 3345.TWO - news) executive Christoph Ostermann told Reuters.
Nationwide Building Society (LSE: NBS.L - news) says "intense competition" hit its bottom line over the past financial year as it chose to put its members' interests first. The mutual said pre-tax profits in the 12 months to 4 April came in at £977m - a 7.3% fall on the previous year. It marked the second consecutive annual decline and was driven by a sharp fall in net mortgage lending which tumbled to £5.8bn from £8.8bn in 2016/17.
Prince Harry and his actress bride Meghan Markle married on Saturday (Shenzhen: 002291.SZ - news) in a dazzling ceremony that blended ancient English ritual with African American culture, infusing the 1,000-year-old British monarchy with a blast of modernity. In a medieval chapel at Windsor Castle that 39 English kings and queens have called home since 1066, Harry and Meghan exchanged vows watched up close by royals and celebrities, and from afar by a global TV audience of many millions.
African-American bishop Michael Curry electrified the wedding of Prince Harry and Meghan Markle with a barnstorming sermon on the power of love that won smiles in the ancient British chapel and praise across the internet. Curry, the first black head of the Episcopal Church in the United States, started by quoting civil rights hero Dr Martin Luther King and powered on citing spirituals, medieval poetry and the experiences of slaves in the American south. By the end, he was referring to Harry and Meghan as "my brother, my sister," and telling them "God love you, God bless you" before the opening notes of the soul standard "Stand By Me" started up.
World markets began to strain on Friday after a rollercoaster week that has seen oil break $80 a barrel, Italian politics rattle the euro zone again and emerging markets battered by a pumped-up dollar and rising borrowing costs. Traders hit Italian bonds, stocks and the euro as a pledge to ramp up spending from a coalition government taking shape in Rome caused fresh unease, while Wall Street was waiting to see the outcome of U.S. and China trade talks.. Italy's strife sent long-term borrowing to more than seven-month highs, stocks in Milan fell one percent taking European stocks down with them, while the euro dropped back towards this week's 5-month low.
Britain's busiest liquefied natural gas (LNG) import terminal, South Hook, is seeking to broaden its sources of supply as robust Asian demand diverts cargoes from Qatar - the world's biggest exporter and the terminal's majority shareholder. Volumes to the terminal, in which Qatar Petroleum owns a controlling stake, have halved so far this year from a year ago to 1.2 million cubic metres (mcm) and amount to just 15 percent of 2016 volumes for the same period. South Hook has been seeking to broaden the specification of its gas since January, a proposal that was approved on Thursday by the Joint Office of Gas Transporters (JOGT).
The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014 at $80 a barrel. Ten-year U.S. government Treasury yields, which are a key driver of global borrowing costs, neared a 7-year high of 3.1 percent as more expensive oil pointed to faster inflation and followed some upbeat U.S. retail sales numbers. Europe's FX traders saw little movement in the six-currency dollar index but euro/dollar failed to keep above above $1.18 and dollar/yen hit its highest level since late January at 110.70.
While preparations are under way at Windsor Castle ahead of Saturday's royal wedding, just a stone's throw away the final touches are being made to a popular haunt which shares its new name with the groom ...
LONDON/MILAN, May 16 (Reuters) - Italy's borrowing costs jumped on Wednesday and its stocks slid after a draft programme for a potential coalition government revealed plans to demand 250 billion euros of debt forgiveness and create procedures to allow countries to exit the euro. The anti-establishment 5-Star Movement and the far-right League party plan to ask the European Central Bank to forgive the debt, according to a draft the parties are working on, the Huffington Post Italia website reported late Tuesday.
A new "plastic-free" logo launched in Britain on Wednesday will allow shoppers to identify products with plastic packaging, as companies come under growing pressure to use green alternatives. Growing concern from the public and lawmakers about the damage to the environment means food and drink manufacturers and retailers are under pressure to act on plastic waste. "We all know the damage our addiction to plastic has caused, we want to do the right thing and buy plastic-free," said Sian Sutherland, co-founder of A Plastic Planet, the British-based campaign group behind the new label.
The findings of a European Union review of mutual fund costs and fees due later this year will help investors make better choices in a sector whose performance is patchy in parts, a top EU regulator has said. Steven Maijoor, chair of the European Securities and Markets Authority (ESMA), said the review may help shed light on why some "active" funds that charge more for selecting stocks, perform less well than cheaper "passive" funds that track a benchmark. The initial focus is on EU regulated mutual funds known as UCITS.
A strengthening U.S. economy has done nothing to boost the underlying neutral rate of interest, San Francisco Federal Reserve President John Williams said in remarks on Tuesday that highlight an intensifying debate at the central bank over how high rates might rise in its move to "normalize" monetary policy. At issue are varying estimates of the neutral rate of interest, and whether current stronger growth may lift it, as Fed vice chair for financial supervision Randal Quarles and some others have recently suggested. Williams, about to also assume a vice chairmanship as head of the New York Fed, said in remarks to the Economic Club of Minnesota that he thought such optimism was "misplaced".
U.S. retail sales increased marginally in April as rising gasoline prices cut into discretionary spending, but consumer spending appeared on track to accelerate after slowing sharply in the first quarter. "A better pace of real consumer spending growth is taking hold in the second quarter," said Scott Anderson, chief economist at Bank of the West in San Francisco.
It says much about Vodafone's relatively youthful status as a public company and its meteoric growth that Nick Read will be only the fifth chief executive in the mobile giant's history when he succeeds the highly-regarded Vittorio Colao in October. Sir Gerry Whent, the first chief executive, oversaw the birth of the company when Racal Electronics, a military radio specialist, was in 1982 awarded one of two licences by Margaret Thatcher to run what was then called a cellular telephone network. Sir Gerry oversaw the flotation on the stock market, in October 1988, of what was still called Racal Telecom and was valued at just £1.8bn.
The latest reading is more than the Inflation rate of 2.5% in March. Real wages grew by just 0.4%, according to the Office for National Statistics (ONS). A decade on from the financial crisis real wages are still worth £24 a week less than in 2008, according to the TUC.
Employment rose to 32.3 million, the highest number since records began in 1971, according to the Office for National Statistics (ONS). Unemployment fell by 46,000 to 1.42 million. Senior ONS statistician Matt Hughes said: "With (Other OTC: WWTH - news) employment up again in the three months to March, the rate has hit a new record, with unemployment remaining at its lowest rate since 1975.
** Vodafone down 3.7 pct as CEO Vittorio Colao's resignation overshadows strong Q4 results ** Colao to be replaced by Nick Read, finance director since 2014 and long seen as the likely successor ** During ...
Hedge funds and speculators continue to revise their bearish view on the dollar, making historic cuts to their short positions at both ends of the risk spectrum. The move over the last fortnight marks the biggest two-week build-up of bets against the traditional safe-haven currency since 2009. Eurekahedge's FX Hedge Fund Index was up just 0.13 pct in April, the smallest monthly gain in over a year, and is down 0.24 pct year to date.
British Gas lost 110,000 customer accounts over the first four months of the year but remained on track for its full-year targets as the cold weather saw customers turn up their heating. Centrica (Frankfurt: A0DK6K - news) , which owns the energy firm, said the exodus - amid intense competition - had slowed compared to levels seen last year. It was not the only one of the Big Six energy firms to see large numbers of customers leave, with npower on Monday reporting a fall of about 120,000 customer accounts in the first quarter of 2018.
With (Other OTC: WWTH - news) less than a week to go to the May 19 wedding of Britain's Prince Harry to U.S. actress Meghan Markle, Britain newspapers are carrying numerous stories about the upcoming ceremony at Windsor Castle. -- Markle's father, Thomas Markle, will say sorry to his daughter after newspaper reports that paparazzi pictures of him being measured for a suit and looking at online photos and stories about the couple were staged. The photos were said to have been sold to media for 100,000 pounds but it was not known whether Markle himself was paid.
Benchmark German 10-year bond yields climbed to a 2-1/2-week high after the European Central Bank's Francois Villeroy de Galhau said policymakers could give new guidance on the timing of its first rate hike as the end of its bond stimulus approaches. The move higher in German debt - 10-year yields posted their biggest daily rise in three weeks - rippled across the core European bond market with French and Belgian bond yields up on the day as the comments caught markets off guard. The Bank of France governor said that whether the decision to end the European Central Bank's net asset purchases came at its September or December meeting was "not a deep existential question".