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18 May UK sets out post-Brexit tariff regime

Posted at 07:53h in News by KMFSLLP 0 Comments

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Price of food and cars from Europe will rise sharply if transition period ends without EU-UK trade deal

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18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

Posted at 07:42h in News by KMFSLLP 0 Comments

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Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers.

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18 May Indonesia c.bank keeps policy rate steady to support FX stability

Posted at 07:41h in News by KMFSLLP 0 Comments

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Indonesia's central bank kept its key interest rate unchanged on Tuesday, against expectations for a cut, saying the current level was in line with efforts to ensure market stability though stressed there still remained room for a reduction.

18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

Posted at 07:39h in News by KMFSLLP 0 Comments

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* U.S. vaccine trial shows productive results, oil prices surge

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18 May European shares extend gains, Germany outperforms

Posted at 07:28h in News by KMFSLLP 0 Comments

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European shares extended gains on Tuesday as fresh stimulus plans for the European Union added to hopes of a faster economic recovery from a coronavirus-fuelled downturn.

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18 May Australian shares end at over 2-month high on economic recovery hopes

Posted at 07:25h in News by KMFSLLP 0 Comments

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Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities.

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

Posted at 07:20h in News by KMFSLLP 0 Comments

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Large businesses which want to borrow from the Bank of England for more than a year under an emergency coronavirus support scheme will have to show restraint on dividends and executive pay, the central bank said on Tuesday.

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

Posted at 07:06h in News by KMFSLLP 0 Comments

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JDE Peet's BV, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise at least 700 million euros ($764 million) via an initial public offering on the Euronext Amsterdam exchange.

18 May CORRECTED-Japan power prices hit zero as coronavirus hammers industrial activity

Posted at 06:50h in News by KMFSLLP 0 Comments

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Electricity prices in Japan are hitting the lowest price possible, effectively zero, with increasing regularity as the coronavirus pandemic slows industrial activity, while renewable energy supplies such as solar increase as summer approaches.

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18 May UK energy supplier Ovo to cut a quarter of its staff

Posted at 06:46h in News by KMFSLLP 0 Comments

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2,600 jobs at risk at one of Britain’s 3 largest energy companies

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News

18 May UK sets out post-Brexit tariff regime

18 May Thyssenkrupp CEO: no taboos in steel consolidation plans

18 May Indonesia c.bank keeps policy rate steady to support FX stability

18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

18 May European shares extend gains, Germany outperforms

18 May Australian shares end at over 2-month high on economic recovery hopes

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

18 May CORRECTED-Japan power prices hit zero as coronavirus hammers industrial activity

18 May UK energy supplier Ovo to cut a quarter of its staff

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