August 3, 2015 10:16 am
Heineken NV, the worlds third-biggest brewer, reported on Monday better-than-expected profit and revenue for the first six months of the year thanks to strong demand for its premium brands and solid sales in emerging markets. The Dutch brewer said that first-half net profit surged 81% to €1.144 billion from €631 million a year earlier on […]
Read moreAugust 3, 2015 9:04 am
Natural gas rose in early European trading on Monday after two days of sizable losses as investors weighed hot weather across the west, central and southern US, coupled with an expected below-average inventory build, against a cooling across the countrys north-eastern regions. Natural gas for delivery in September traded 1.47% higher at $2.756 per million […]
Read moreAugust 3, 2015 7:12 am
Friday’s trade saw GBP/USD within the range of 1.5679-1.5547 to settle up 0.15% at 1.5624, closing the week 0.7% higher after a 0.6% drop the previous week. At 07:10 GMT today GBP/USD was up 0.07% to trade at 1.5640. The cross held in a daily range of 1.5616 – 1.5645. Fundamental view United Kingdom Activity […]
Read moreJuly 31, 2015 10:06 am
Honda Motor Co, Japans third-biggest carmaker by global sales, reported on Friday first-quarter profit that rose by nearly 20% as strong SUV demand in the US and China, coupled with a weaker yen, helped offset declining sales in Japan and Europe. The Japanese carmaker said that net profit for the three months ended June surged […]
Read moreJuly 31, 2015 8:36 am
Yesterday’s trade saw USD/CAD within the range of 1.3045 – 1.2938. The pair closed 0.42% higher at 1.3000, rising for a second day. At 08:35 GMT today USD/CAD was up 0.22% for the day to trade at 1.3029. The cross held in a daily range of 1.2992 – 1.3045 and is down 0.2% for the […]
Read moreJuly 31, 2015 7:17 am
Gold fell for a fourth day, headed for the biggest monthly loss in two years and the longest stretch of weekly declines since 1999, as an improving US economy prompted the Federal Reserve to reinforce expectations of a rate hike this year. Gold futures for delivery in December traded 0.50% lower at $1 083.3 per […]
Read moreJuly 30, 2015 10:07 am
Royal Dutch Shell Plc announced on Thursday plans to slash 6 500 jobs as it steps up cost savings after second-quarter profit fell sharply but still topped analysts projections due to strong performance at its downstream business. The company reported a 37% drop in Q2 earnings to $3.835 billion on a current cost of supplies […]
Read moreJuly 30, 2015 8:48 am
Natural gas fell in early European trading on Thursday as investors weighed short-term forecasts calling for widespread very warm to hot weather across the US versus an expected above-average inventory gain last week. Natural gas for delivery in September traded 0.14% lower at $2.860 per million British thermal units at 08:22 GMT, shifting in a […]
Read moreJuly 30, 2015 7:24 am
Gold fell early Thursday and hovered near the lowest since 2010 after the FOMC said the US economy continued to improve, spurring confidence for an interest rate hike that might come in as early as September. Gold futures for delivery in December were down 0.81% at $1 084.4 per troy ounce at 06:58 GMT, shifting […]
Read moreJuly 29, 2015 9:59 am
Belgium-based chemical group Solvay SA announced on Wednesday it has agreed to buy US peer Cytec Industries Inc in a push to expand its presence in the lightweight materials business. Solvay said in a statement it would pay $5.5 billion in cash, or $75.25 per Cytec share, corresponding to an enterprise value of $6.4 billion […]
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