Stocks creep up amid Fed limbo, dollar dips leftright 22leftright 12leftrightLONDON World shares crept up on Tuesday while the dollar lost ground as investors awaited further clues on whether the Federal Reserve will raise U.S. interest rates this year.European equities were 0.5 percent higher led by mining and banking stocks [.EU] after data that pointed to a gradual ...
Fuel prices push up UK inflation rate to 0.6%Rising fuel prices helped to push the UK`s inflation rate higher last month, according to official figures.The annual inflation rate as measured by the Consumer Prices Index (CPI) rose to 0.6% in July from 0.5% in June, the Office for National Statistics said.More expensive alcoholic drinks and ...
Bitcoin drops more than 10% after security breachThe price of bitcoin has fallen more than 10% after the Hong Kong-based digital currency exchange Bitfinex said it had suffered a major hack.The security breach led to the possible theft of bitcoin worth $65m (£ 49m).Bitfinex told the Reuters news agency on Wednesday that nearly 120,000 ...
Dollar up on failed Turkey coup; SoftBank`s ARM bid boosts sharesThe dollar strengthened against the yen on Monday as investors unwound safety trades after a failed coup in Turkey, while SoftBank Group`s $32 billion deal to buy British chip designer ARM Holdings lifted European equities.U.S. stock index futures ESc1 1YMc1 were up, indicating Wall Street would ...
Pound sterling becomes more unstable than Bitcoin following BrexitThe British pound has become more volatile than Bitcoin.Bitcoin has long been thought to be the world&rsquo s most unstable currency &ndash moving from being worth $2 to $1,137 in the last five years. But that wildly volatile currency is now becoming a safe refuge when compared to the fluctuations ...
Shares slide as Brexit fears take holdGlobal stock markets have fallen and the pound has hit a fresh 31-year low as worries over the UK`s vote to leave the EU continue to rattle markets.The UK`s FTSE 100 share index was down 1.6% in afternoon trade, while US stocks opened lower on Wall Street.Earlier, the pound fell to $1.2798, its ...
UK shares and pound continue to recoverUK shares and the pound have continued to regain some of the ground lost in the wake of the Brexit vote.After rising 2.6% on Tuesday, the FTSE 100 share index was up 2.2% at 6,277.41 by midday.The pound rose 0.75% against the dollar to $1.3443, although sterling still remains well below levels ...
Brexit: Bad weather could rain on markets` paradeMy colleague Kayla Tausche just did a hit for us from London. It was raining so hard the poor woman was soaked by the time she finished.If this keeps up, her next hit will be a shot of her floating down the Thames.This makes me nervous, because it`s widely believed that bad weather will favor those ...
Global stocks rise, safe havens retreat as Brexit worries ebb | ReutersLONDON Global stocks rose sharply on Monday and sterling strengthened broadly while safe-havens including the yen and gold retreated, after polls showed support for Britain staying in the EU regaining momentum before Thursday`s referendum.Sterling has been at the sharp end of worries Britons will ...
Brexit poses global financial risk, Bank of England warnsThe Bank of England has warned that uncertainty about the EU referendum is the "largest immediate risk" facing global financial markets.The Bank said there were "risks of adverse spill-overs to the global economy" from the 23 June vote.It was "increasingly likely" that sterling would fall further - ...
FTSE 100 falls 2% as investors fret over BrexitStock markets across Europe fell on Tuesday as investors weighed up the consequences of next week`s EU referendum vote.The FTSE 100 in London closed down 2%, or 121 points, at 5,923 - the first time the index has been below the 6,000 mark since February.The Cac in Paris sank 2.3%, while Frankfurt ...
Brexit fear factor sends stocks spinningA man walks past a display of the Nikkei average and other market indices outside a brokerage in Tokyo, Japan April 19, 2016. Japan`s Nikkei share average soared on Tuesday morning, as a weak yen and a bounce in oil prices helped the market erase a sharp drop from the...LONDON Fears Britain is on ...
VW profit tumbles 20% in wake of emissions scandalVolkswagen profit has tumbled 20% in the first three months of 2016 as it continues to grapple with fallout from the diesel emissions scandal.Pre-tax profit fell to &euro 3.2bn (£ 2.4bn) in the first quarter, down from &euro 3.97bn in the same period a year ago.Chief executive Matthias Mueller ...
AXA to Sell SunLife and British Pensions Business to PhoenixLONDON &mdash The French insurer AXA said on Friday that it had agreed to sell its SunLife and its Embassy pensions and investment business in Britain to Phoenix Group.This month, AXA said it was in talks to sell its remaining life insurance and savings business in Britain after a strategic ...
- Humidity 47%
- Winds 0 kph
March 24, 2016, 3:29 pm
March 11, 2016, 1:10 pm
March 14, 2016, 10:59 am
March 30, 2016, 2:03 pm
March 11, 2016, 1:12 pm
August 22, 2016, 12:54 pm
August 19, 2016, 1:38 pm
August 18, 2016, 4:07 pm
August 16, 2016, 12:56 pm
August 15, 2016, 12:12 pm