For Traders   |   For Investors   |   For Fund Manager
Login Now
Sign Up

Vodafone, Hutchison Unveil UK Mobile Merger

LONDONHONG KONG, June 14 Reuters Vodafone and CK Hutchison finally unveiled the merger of their British operations on Wednesday, pledging to create the country39;s largest mobile operator to boost competition and invest 14 billion in the country. The details came in a longawaited announcement after the two companies publicly revealed they were in talks in October. Vodafone will own […]
Read More

Trio of French Business Leaders Weighs 1.2B Bid for Casino

PARIS, June 14 Reuters French business leaders Xavier Niel, Matthieu Pigasse and MoezAlexandre Zouari have expressed an interest in bidding up to 1.1 billion euros 1.2 billion for Casino, potentially offering an alternative lifeline for the indebted French supermarket group. The trio had signalled last week they were readying an offer for Casino after tieup talks […]
Read More

Oil Rises as Market awaits Fed Interest Rate Decision

IEA upgrades 2023 oil demand growth to 2.4 mln bpd U.S. crude stocks rise unexpectedly API LONDON, June 14Reuters Oil prices rose on Wednesday as investors awaited the outcome of the U.S. Federal Reserve39;s June meeting after bullish oil demand growth forecasts from the International Energy Agency IEA and OPEC. Brent crude futures were up […]
Read More

U.K. High Employment Change and Wages Up, U.S. Inflation Falls, Metals Dropped, U.S. Stocks Remain High, Crude Oil Jumps

PREVIOUS TRADING DAY EVENTS 13 June 2023 Announcements The 3month U.K. Unemployment Rate was reported lower yesterday, to 3.8 while the Jobless Claims figure was reported negative, 13.6K. The number of people in employment increased significantly in the latest quarter with increases in both the number of employees and selfemployed workers. Wage growth in Britain […]
Read More

Nigeria Allows Naira to Drop more than 36 on Official Market

ABUJA, June 14 Reuters Nigeria39;s central bank allowed the naira currency to drop as much as 36 on the official market on Wednesday, days after President Bola Tinubu suspended the central bank governor who oversaw muchcriticised multiple exchange rates. A web of multiple exchange rates under Godwin Emefiele had led to foreign currency shortages and made it […]
Read More

Dollar Sags as Best Build for Fed Skip; Yuan Falters

TOKYO, June 14 Reuters The dollar hovered near a threeweek low to the euro and a onemonth low versus sterling on Wednesday, after unexpectedly soft U.S. inflation data cemented the view that the Federal Reserve will skip an interest rate hike later in the day. China39;s yuan, however, sagged to a 612month trough, a day after the […]
Read More

Archives

Categories