20h16 Arabica coffee futures
on ICE fell for the fifth straight session to reach the lowest
in more than two years on Tuesday, while raw sugar also dropped
on spillover pressure from weakness in larger. . .
19h36 Sarepta Therapeutics' shares
jumped 60 percent on Tuesday after promising results from a gene
therapy study positioned the specialty drugmaker as a potential
leader in the market for Duchenne muscular dystrophy (DMD)
treatments.. . .
18h11 Copper prices hit three-week
lows on Tuesday as worries about a trade war were reinforced
after U.S. President Donald Trump threatened to impose a 10
percent tariff on $200 billion of Chinese goods and. . .
18h03 UK shares fell on Tuesday on a
global selloff prompted by fears of a full-blown trade war
between the U.S. and China, and disappointing domestic corporate
news including a profit warning by Debenhams.. . .
17h54 Ukraine state oil and gas firm
Naftogaz said on Tuesday a London court has granted its request
to freeze the British assets of Russia's Gazprom, part
of its efforts to enforce an earlier arbitration. . .
17h44 Ireland will not use all the
fiscal leeway available next year to cut taxes and raise
spending to avoid adding the kind of stimulus that could
overheat a booming economy, Finance Minister Paschal Donohoe
said.. . .
17h44 Oil fell on Tuesday ahead of a
possible increase in OPEC crude supply, and as an escalating
trade dispute between the United States and China unleashed
sharp selloffs in many global markets.. . .
17h38 Core euro zone government bond
yields fell across the board on Tuesday as escalating trade
tensions between the United States and China, the world's top
two economies, lifted demand for safe-haven debt.. . .
17h37 A bad loan sale by Italy's
third-largest bank Banco BPM is attracting strong
interest from investors who are also keen to buy its debt
collection business, two sources familiar with the matter said.. . .
17h21 Airbus is in talks to
rescue a plane sale to China thrown into doubt earlier this
year shortly after a perceived gaffe by two European envoys over
China's sensitive historical relationship with Japan,. . .
17h01 The arrest and detention of
Audi's chief executive forces Volkswagen Group's
competing stakeholders to renegotiate the delicate
balance of power that has helped keep Rupert Stadler in office.. . .
16h49 The European Central Bank
could ditch a plan to impose new rules on all euro zone banks
under its watch to reduce their bad loans, and could instead
move towards a "case-by-case approach", the. . .
16h26 Volkswagen suspended
Audi boss Rupert Stadler and announced an interim replacement on
Tuesday, seeking to steady its most profitable business after
German authorities arrested Stadler as part of an emissions
probe.. . .
16h20 Norway's $1 trillion wealth fund's
process to blacklist firms for producing too much greenhouse
gases has taken longer than expected, but recent clarifications
from its ethics watchdog could mean a decision is near, a. . .
16h06 Germany is considering
options to prevent Chinese utility State Grid from
buying a 20 percent stake in local network operator 50Hertz,
which is majority-owned by Belgium's Elia, a government
source familiar with the matter said.. . .
15h40 European Union countries will
commit to drive reform of the World Trade Organization to ensure
trade is both free and fair, assuming their leaders adopt draft
conclusions prepared ahead of next week's EU summit.. . .
15h01 France's EDF said
workers had gone on strike on Tuesday at the utility's
hydroelectric plants and that a fall in power output was
possible, although latest data from the grid operator showed no
dip for. . .
14h28 British outsourcing company Capita plc
said it had sold a supply chain business and won a
government contract to provide firefighting services on military
sites, showing progress in its turnaround plan and lifting its
shares.. . .
13h39 An internal Lloyds Banking Group
report written by a former manager at the bank and
published on Tuesday alleges serious misconduct by the lender
over the handling and disclosure of a fraud at its. . .
13h21 Audi on Tuesday
said it has suspended Chief Executive Rupert Stadler and
appointed sales executive Abraham Schot as an interim
replacement with immediate effect, a day after Stadler's arrest
in connection with a diesel probe.. . .
12h44 The European Commission is
examining whether to extend measures to control imports of solar
panels from China, a move that could fuel tensions with Beijing
which had welcomed plans to phase them out in. . .
12h20 All of Britain's biggest energy
companies have announced price increases this year, citing
higher wholesale prices and the cost of government policies to
support renewable energy generation.. . .
12h18 French property group Nexity
set out plans to achieve annual earnings and sales
growth of 10 percent over the next three years, causing its
shares to surge higher as investors welcomed the plans.. . .