French Utility Engies ThirdQuarter Earnings Jump 18

PARIS, Nov 7 Reuters French utility Engie posted an 18 jump in thirdquarter earnings on Thursday, citing strong renewable and hydropower output as well as increased profit from investments and infrastructure. The company, which sells and trades electricity and gas, said thirdquarter earnings before interest and tax EBIT, excluding nuclear, reached 1.47 billion euros 1.58 billion. […]
Read More

Sterling Claws Back Losses ahead of BoE Decision

LONDON, Nov 7 Reuters The pound rose on Thursday ahead of a Bank of England rate decision, although trading was still mostly dominated by the reverberations of Donald Trump39;s win in the U.S. presidential elections that fuelled a huge dollar rally. The BoE is widely expected to cut rates at this meeting, although what happens […]
Read More

Trump Win Heightens Risks for BOJ as Yen Renews Slide

160 yentothedollar seen as Japan authorities39; line in sand Japan issues fresh warning against excessive yen falls Chance of BOJ hike in December may rise if yen keeps falling TOKYO, Nov 7 Reuters A dollar rally triggered by Republican Donald Trump39;s victory in the U.S. presidential election could heighten pressure on the Bank of Japan to raise […]
Read More

Australia Clears Chemist WarehouseSigma Healthcare 5.8B Deal

Regulator says proposed merger unlikely to lessen competition Sigma shares at record high Nov 7 Reuters The Australian competition regulator, on Thursday, cleared privately owned pharmacy chain Chemist Warehouse39;s reverse takeover of Sigma Healthcare, paving the way to create an A8.8 billion 5.78 billion entity after a yearlong wait. Sigma39;s stock surged almost 40, the […]
Read More

Britains ITV Revenue Drops on Studios Business, Shares Slide

Ninemonth revenue down 8, missing forecasts Q4 ad revenues also seen lower Shares down 9 LONDON, Nov 7 Reuters Britain39;s ITV reported a biggerthanexpected revenue fall on Thursday, sending its shares 9 lower, as the broadcaster39;s studios business continued to feel the effects of last year39;s strike by U.S. writers. Revenue at the Coronation Street broadcaster […]
Read More