00h29 Macedonia's pro-Western
candidate, Stevo Pendarovski, and his main rival Gordana
Siljanovska-Davkova emerged tied in the first round of
presidential vote dominated by deep divisions over a change of
the country's name to North Macedonia under. . .
21/04 Ukraine entered uncharted
political waters on Sunday after exit polls showed a comedian
with no political experience and few detailed policies had
easily won enough votes to become the next president of a
country at. . .
21/04 Macedonia's pro-Western
candidate, Stevo Pendarovski, narrowly won first round of
presidential vote dominated by deep divisions over a change of
the country's name to North Macedonia under a deal with Greece.. . .
21/04 Nearly half of all people
working in Britain's financial services industry have followed
their parents into the sector, more than three times the
national average, research from consultants KPMG showed.. . .
20/04 Norwegian Air's
largest cabin crew union in France has called for a strike from
April 24 to April 26, seeking higher pay and better working
conditions, a union representative said on Saturday.. . .
20/04 Thomas Cook has been
tentatively approached about a takeover of its tour operating
unit, or the entire company, by several parties as its lenders
prepare for crunch talks over the state of its finances,. . .
20/04 U.S. intelligence has accused Huawei
Technologies of being funded by Chinese state security,
The Times said on Saturday, adding to the list of allegations
faced by the Chinese technology company in the West.. . .
19/04 The International Monetary Fund
will grant Mozambique a $118.2 million credit facility to help
it rebuild infrastructure after a devastating cyclone that
killed hundreds of people and flattened whole villages, the
lender said on Friday.. . .
19/04 Italian transport group
Atlantia could join a rescue of loss-making flag
carrier Alitalia to try to win favour with the government and
secure the future of its own domestic business following a
deadly bridge collapse. . .
19/04 Climate activists blocked
thousands of employees from entering the headquarters of French
bank Societe Generale, state-run utility EDF
and oil giant Total on Friday, environmental group
Greenpeace said.. . .
19/04 A Ukrainian court ruling that the
nationalisation of the country's largest bank, PrivatBank, was
illegal also said that parties related to the bank's former
owners should be excluded from the legal case, the central. . .
19/04 Global commodities house
Trafigura Group said on Wednesday it is entering petrochemicals
trading by teaming up with Houston-based Altis Group
International to take advantage of an expanding sector.. . .
19/04 Oil major BP and
Azerbaijan's state energy company SOCAR signed an agreement on
Friday to build a new exploration platform for the South
Caucasus nation's three major oilfields, BP-Azerbaijan said in a
statement.. . .
19/04 Finance Minister Olaf Scholz
ruled out taking on new debt to stimulate Germany's slowing
economy and blamed anaemic growth this year on external factors
like unresolved trade disputes and the risk of Britain. . .
19/04 South Korea plans to boost the
share of its energy output generated from renewable sources to
as much as 35 percent by 2040, a draft revision to government
policy showed on Friday, over four. . .
19/04 Japanese businesses with links
to Britain say they have no immediate plans to flee the country
as its government seeks to hammer out terms of its exit from the
European Union, a Reuters poll. . .
18/04 Ukrainian tycoon Ihor Kolomoisky
won a major victory on Thursday in his battle with the
government over the nationalisation of the country's largest
bank after a court ruled the change of ownership was illegal.. . .
18/04 Ukrainian tycoon Ihor Kolomoisky
said on Thursday he expects some "odious individuals" at the
central bank could be removed from office if presidential
front-runner Volodymyr Zelenskiy wins Sunday's run-off election.. . .
18/04 Ukraine risks returning to
economic instability, higher inflation and currency volatility
if it loses a legal case over the nationalisation of PrivatBank,
Central Bank Governor Yakiv Smoliy said on Thursday.. . .
18/04 Arabica coffee futures
on ICE rebounded on Thursday, erasing losses from the previous
session when the contract hit a 13-1/2-year-low, while raw sugar
prices also rose.
London cocoa, robusta coffee. . .
18/04 India's Reliance Industries,
operator of the world's biggest refining complex, posted a
record net profit on Thursday as strong growth in retail and
telecom businesses offset the impact of 17-quarter low refining
margins.. . .
18/04 French sugar producer, Cristal
Union, said on Thursday it tipped into the red last year and
plans to shut two factories in France as it expects global
oversupply to continue pressuring prices.. . .
18/04 European shares ended higher on
Thursday as short covering kicked in ahead of a long Easter
weekend and strong quarterly results including those from
Unilever and Nestle tempered data showing euro zone businesses
unexpectedly slowed. . .
18/04 U.S. energy group
ConocoPhillips has agreed to sell its oil and gas assets
in the British North Sea to private equity-backed Chrysaor for
$2.68 billion, Conoco said on Thursday, making Chrysaor the
biggest producer in. . .
18/04 The U.S. Attorney's Office said
it has agreed not to prosecute one of the country's biggest gold
refineries, Republic Metals Corporation (RMC), after an
investigation into possible money laundering.. . .
18/04 Credit rating agency Fitch has
pulled out of the bidding for financial media and data firm
Acuris leaving rival Moody's as one of the strongest
contenders to win the more than $1.30 billion deal,. . .
18/04 Oilfield services provider Schlumberger
NV on Thursday forecast rising international and
offshore exploration spending this year, after posting a 20
percent drop in first-quarter profit due to weak North American
demand.. . .
18/04 Ukraine's Deputy Central Bank
Governor Kateryna Rozhkova said she saw no grounds to compensate
the former owners of PrivatBank, after a lower court ruled on
Thursday that the 2016 nationalisation of PrivatBank was
illegal.. . .
18/04 Airbus sales
chief Christian Scherer said it is selling longer-range versions
of its A321, while signalling a shift away from chasing market
share at any cost and predicting Boeing will emerge quickly from
the grounding. . .
18/04 Ukraine risks default if the
nationalisation of PrivatBank is overturned, President Petro
Poroshenko said on Thursday, after a lower court ruled the 2016
nationalisation of the country's largest lender was illegal.. . .
18/04 Taking on the Big Four
accounting firms will remain a lengthy and costly challenge for
smaller rivals in Britain despite the regulatory leg-up unveiled
on Thursday, but France has shown it can be done. . .
18/04 Chinese electric vehicle (EV)
maker Byton, which is facing a management shake-up and questions
about funding an expansion, said it has received over 50,000
orders globally for its new SUV model and plans to. . .
18/04 Italy's economy grew by around
0.1 percent in the first three months of 2019, the Bank of Italy
said on Thursday, suggesting that the country has pulled clear
of the recession it slipped into. . .
18/04 Russian oil producer
Surgutneftegaz has awarded a tender to sell up to 3.0
million tonnes of ultra-low sulphur diesel for delivery from the
Baltic Sea port of Primorsk in July-December 2019 to Vitol,
industry sources. . .
18/04 Ukraine's Prime Minister
Volodymyr Groysman said on Thursday the finance ministry was
sure of its legal position as it gears up to challenge a court
decision on the 2016 nationalisation of PrivatBank, the
country's largest. . .
18/04 Indonesian President Joko
Widodo on Thursday declared victory in a presidential election
to lead the world's third-largest democracy but his challenger
also claimed he had won and complained of widespread cheating.. . .
18/04 Shareholders in Brembo
approved on Thursday a loyalty share scheme which
would allow the family that owns the Italian premium brake maker
to retain control as the company looks to expand through
acquisitions.. . .
18/04 China Hongqiao Group
, the world's biggest aluminium producer, will this
year restart some of the smelting facilities it was forced to
shut in 2017, two sources with knowledge of the matter said on
Thursday.. . .
18/04 JERA Global Markets, a newly
formed joint venture by Japanese and French partners, is looking
to expand into short-term contracts and spot trading of
liquefied natural gas (LNG) to third parties, its chief
executive told. . .
18/04 Britain's lenders are starting
to put the most costly consumer scandal to hit the industry
behind it, with payouts for mis-sold payment protection
insurance (PPI) falling in the second half of 2018 ahead of. . .
18/04 British shoppers ignored
worries about an impending Brexit deadline and spent heavily in
March, official data showed on Thursday, supporting the
country's sluggish economy while companies were cutting back on
Retail. . .
18/04 Britain's Intu Properties
plans to sell a 50 percent stake in an East Midlands shopping
centre to a Kuwait-backed real estate investment firm for 186.3
million pounds ($242.53 million) in an attempt to cut. . .
18/04 Portuguese fuel-tanker drivers
have ended a national strike after agreeing to return to
negotiations over demands for better pay and conditions, the
government said on Thursday, ending the country's worst outbreak
of industrial unrest in. . .
18/04 Germany's Federal Network
Agency has cleared the way for Deutsche Post to
significantly increase the cost of sending letters after the
company pledged to hire an extra 5,000 delivery workers.. . .
18/04 Britain's "Big Four" accounting
firms must ringfence auditing from their consultancy work, the
country's competition watchdog said on Thursday in a response to
book-keeping failures such as at construction company Carillion
and retailer BHS.. . .
18/04 Britain should use
the next few months to "cool down and rethink" its decision to
leave the European Union, the socialist candidate to head the
next European Commission, Frans Timmermans, said on Wednesday.. . .
18/04 Some 90 percent of the priceless relics
and art works housed within the Notre-Dame de Paris cathedral
were saved from Monday's devastating fire as contingency plans
to evacuate the treasures worked, a leading insurance. . .
18/04 Activity in Germany's services
sector rose to a seven-month high in April, a survey showed on
Thursday, adding to expectations that Europe's biggest economy
will get impetus from its domestic market as falling exports
hurt. . .
18/04 French business activity stabilised
this month as the dominant service sector unexpectedly returned
to growth, helping to offset weakness in manufacturing, a
monthly poll showed on Thursday.. . .
18/04 Price comparison website
Moneysupermarket.com reported higher first-quarter
revenue on Thursday as all its divisions performed well, and
said it expected slower growth at its Home Services division for
the rest of the year after a. . .
18/04 A mazon.com Inc said it will shut its China online store
by July 18, as the U.S. e-commerce giant focuses on the
lucrative businesses of selling overseas goods and cloud
services in the world's. . .
18/04 GFG Alliance, a privately held
conglomerate, said on Thursday it plans to integrate most of the
mining and engineering businesses under its Liberty House unit
into a single global steel business with assets across. . .
18/04 The chances that Brexit will be
cancelled are now greater than the chances Britain will leave
the European Union without a deal, according to economists in a
Reuters poll, who again pushed back their. . .
18/04 The number of British customers
switching energy supplier in the first quarter of 2019 rose by
12 percent compared with the same period last year, data from
industry group Energy UK showed, despite a. . .
18/04 Austria plans to sell the
remnants of the former Italian banking unit of failed lender
Hypo Alpe Adria, asking potential buyers to submit expressions
of interest by May 17, according to a notice to. . .
17/04 Hedge fund Third Point LLC,
which sometimes pushes companies to perform better, said it is
beginning to look more closely at corporate governance issues,
including executive pay, as it evaluates future investments.. . .
17/04 Arabica coffee futures
on ICE fell to a 13-1/2-year low on Wednesday, weighed down by
the continued supply glut and a weaker Brazilian currency, while
London cocoa rose to a three-month high, buoyed by. . .
17/04 Copper prices hit a nine-month
high on Wednesday as firmer-than-expected economic growth
figures from China boosted expectations for higher demand in the
world's top metals consumer.
China's economy grew at a. . .
17/04 Stephane Bernhard, head of grain
trading at InVivo, is leaving the French agricultural group, a
spokeswoman said on Wednesday, confirming earlier comments from
sources familiar with the move.. . .
17/04 National banking
supervisors who control the European Union banking watchdog
effectively forced it to clear financial regulators in Estonia
and Denmark, who were investigated in relation to suspected
money laundering activities by Danske Bank, a. . .
17/04 France will ban the use of
titanium dioxide as a food additive from 2020 after the
country's health and safety agency said there was not enough
evidence to guarantee the safety of the substance.. . .
17/04 The German government is eyeing
incentives to boost corporate research and development after
cutting its forecast for 2019 economic growth for the second
time in three months, reflecting a worsening slowdown driven by
a recession. . .
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