US officials head to Beijing to resume trade talks as deadline for tariff war looms February 11, 2019 Asian markets finished with mixed results this morning while the FTSE 100 had an early rise, as investors looked forward to the reopening of trade talks between the US and China this week. A delegation of US officials, including Treasury secretary Steve Mnuchin, head to Beijing today for the next round of negotiations, but investors’ [...]
Euronext improves offer for Oslo Bors exchange as it tries to beat out Nasdaq February 11, 2019 Pan-European stock market operator Euronext raised its offer for Norwegian counterpart Oslo Bors today, as it doubles down in a bidding war against rival Nasdaq. Boosting its per-share takeover offer from 145 Norwegian kroner to 158 Norwegian kroner (1,295p to 1,411p per share), Euronext has given Oslo Bors until 11 March to make a decision. [...]
10 shares to generate £10,000 income in 2019 February 11, 2019 | City Talk Four years ago, we asked how much an individual would need to invest in order to generate an annual income of £10,000 from corporate dividend payments. Rising yields have allowed us to reduce the amount each year and still meet the income objective, but 2018 proved a stiffer test and requires some explaining. First, big [...]
Beware the hunter gatherer inside of you February 11, 2019 | City Talk There is a risk that we behave like Stone Age hunters rather than investors. Moira O’Neill explains how to avoid this common problem and achieve better results. To be a successful investor, you must buy low and sell high. Unfortunately, most people allow their emotions to get the better of them and instead, they buy [...]
Bidders circle as Perenco looks to sell its southern North Sea oil fields February 11, 2019 Anglo-French oil company Perenco is considering a sale of parts of its UK portfolio in what would be one of the biggest deals in the North Sea for years. The company said it is reviewing its options in the southern North Sea, 16 years after first entering the basin. Read more: Private equity to snap [...]
Hundreds forced to flee as Brazilian miner Vale evacuates towns nears another of its mines February 8, 2019 Hundreds of people have fled their homes after Brazilian authorities ordered mining company Vale to evacuate town nears its Minas Gerais mine over fears it could burst. Vale said it had ordered 500 people from three communities to evacuate towns around its Sul Superior tailings dam at the Gongo Soco Mine after intervention from the national [...]
What does the year of the pig hold for stocks? History has some clues February 8, 2019 | City Talk Chinese stock markets are currently on holiday, with traders and consumers off celebrating the arrival of the Year of the Pig. But maybe equity markets across the world have something to celebrate, given the past performance of stocks during previous porcine-themed years. Statistically speaking, the Year of the Pig is a good one for stocks. [...]
Three themes for 2019 – and some black swans February 8, 2019 | City Talk 2018 was a challenging year for investors with US equity and government bond markets both returning less than cash. Two factors were instrumental in delivering this outcome: disappointment with global growth and less cash flowing through the global economy (tighter liquidity). These factors will continue to influence markets in the year ahead. We have identified [...]
Law firm DWF aims to raise £75m in pre-Brexit March float February 8, 2019 Law firm DWF said it is targeting a March listing on the London Stock Exchange, with plans to raise £75m. That would make its listing the largest undertaken by a law firm so far, outstripping Knights which raised £50m in June. The firm said it expects to announce the final offer price following its marketing [...]
Cuadrilla’s request for earthquake review falls on deaf ears, dealing blow to the sector February 7, 2019 The government has hit back at fracking firms, saying it will not reconsider its policies in what will be seen as a huge blow to the sector. Both Ineos and Cuadrilla, two of the UK’s main frackers, had asked authorities to review the so-called traffic light system and allow them to cause bigger earthquakes. Read more: Jim Ratcliffe: [...]