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  • Eurozone business growth slows in June as service industry struggles

    Eurozone business growth slows in June as service industry struggles

    Eurozone business growth decelerated more than expected this month, suggesting the current quarter’s economic performance will not match the strong pace set at the start of the year, a survey showed. A surprising bounce in manufacturing activity...

  • Sterling, stocks rise as markets bet UK will remain in EU

    Sterling climbed to a 2016 high and global stocks rallied as investors bet Britons were likely to vote to remain in the European Union yesterday. Oil prices rose, shrugging off a smaller-than-expected draw in US crude stockpiles, and the...

  • ECB to guide banks on working off bad debt before setting targets – sources

    The European Central Bank is planning to give eurozone banks non-binding guidance by the end of 2016 or early 2017 to cut their bad debt pile, raising the heat on lenders but not forcing their hand, sources said. The ECB, which supervises 129 of...

  • Share Index resurfaces above 4,500 mark

    The share index closed in positive territory for the fourth consecutive day today as it gained a further 0.43 per cent to a four-week high 4,501.275 points. Most of today’s trading activity took place in the equity of RS2 Software which finished...

  • Edison’s views on Medserv

    Edison’s views on Medserv

    On June 10, Medserv plc announced that it had appointed Edison Investment Research of the UK to carry out analytical investment research on the company and subsequently publish its findings in the form of publicly available reports on a periodic...

  • VW gets approval for fixes on another 1m cars – CEO

    Volkswagen has received regulatory approval for technical fixes on another one million diesel cars and expects the number to keep growing, chief executive Matthias Mueller said. Germany’s motor vehicle authority KBA has so far approved technical...

  • Boeing’s Iran deal covers 109 jets including 747s – Iran official

    A provisional deal between Iran and Boeing to acquire jets for the country’s national airline covers 109 aircraft, split equally between narrow-body and long-range wide-body aircraft, an Iranian official told Reuters yesterday. In addition to the...

  • Nervy global investors revisit 1930s playbook

    Global investors are once again dusting off studies of the 1930s as fears of protectionism, nationalism and a retreat of globalisation, sharpened by this week’s Brexit referendum, escalate anew. With markets on tenterhooks over today’s “too close...

  • Global stocks, sterling gain on Brexit vote

    Stocks and sterling rose while safe-haven assets gold and bonds slipped yesterday, as investors grew more optimistic Britain would vote to remain in the European Union in its referendum today. Riskier markets also drew support from Federal Reserve...

  • Shipping movements

    These ships are expected in Malta: The CMA CGM Christophe Colomb from Le Havre to Khor al Fakkan, the BFP Galaxy from Varna to Haydarpasa, the Pacaya from Bejaia, the Mediterranean Sea from Annaba to Bejaia, the Stjerneborg from Misurata to El...

  • Trading activity surges to a 3-month high

    Trading activity surges to a 3-month high

    The MSE Share Index closed in positive territory for the third consecutive day today as it gained 0.05per cent to 4,482.213 points (its highest level in almost four weeks). Most notably, the total value of traded equities surged to a three-month...

  • YouTube crashes, sending #YouTubedown up on Twitter

    YouTube crashes, sending #YouTubedown up on Twitter

    Global video sharing website YouTube crashed briefly today, with ticked-off users rushing to Twitter in dismay.  Visitors browsing to YouTube's desktop site were met with a 500 Internal server error page. The page assured users that "a team of...

  • How to trade ahead of Brexit vote

    How to trade ahead of Brexit vote

    There’s no beating around the bush – the primary goal behind investing is to make money, from hard earned money. If there weren’t any prospects of making money, I shudder to think how many investors would be reluctant to be putting money to work,...

  • Pound fall after Brexit ‘would be bigger than Black Wednesday’

    Pound fall after Brexit ‘would be bigger than Black Wednesday’

    George Soros, the billionaire who earned fame by betting against the pound in 1992, said that a British vote tomorrow to leave the European Union would trigger a bigger and more disruptive sterling devaluation than the fall on Black...

  • No Islamic headscarves at the workplace

    It is legal for employers to prohibit Muslim employees from wearing headscarves at the workplace, Advocate General (AG) Kokott has recently opined. Such a ban must, however, be the result of a general company policy whereby all employees are...

  • Sterling gives up gains but stocks edging higher

    Global stock markets edged higher yesterday while sterling reversed gains after hitting a more than five-and-a-half-month high earlier in the day as polls and surveys showed the United Kingdom’s vote on leaving the EU on a knife-edge. Mixed...

  • Should I stay or should I go

    Should I stay or should I go

    I find myself in London ahead of one of the biggest events of the quarter - Rihanna at Wembley! Just kidding, it's Thursday's Brexit vote that takes centre stage.Investors seemed to have rediscovered their risk-on appetite yesterday, out of safe...

  • Leaving EU ‘could damage UK’s technology industry’

    Leaving EU ‘could damage UK’s technology industry’

    British Digital Economy Minister Ed Vaizey has warned that voting to leave the European Union could damage the UK’s technology industry. Speaking at the launch of London Technology Week, Vaizey said that being part of the EU had benefited UK...

  • Money market report for the week ended June 17

    On Monday, June 13, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on Tuesday, June 14, and attracted bids from euro area eligible counterparties of €49.14 billion, €1.71 billion...

  • Investors seeking VW reform may be disappointed at AGM

    Investors seeking VW reform may be disappointed at AGM

    Investors hungry for reform at Volkswagen after the diesel emissions test-cheating scandal may be disappointed at the carmaker’s annual shareholder meeting tomorrow. Galvanised by hedge fund TCI, which launched an attack on Volkswagen’s (VW)...