Hurricane Florence weakens but insurance firms still braced for billion dollar losses September 13, 2018 Hurricane Florence has been downgraded but the “life-threatening” storm set to hit the US east coast later today could cost the insurance industry up to $20bn . More than a million people, as well as businesses have begun evacuation from the coastline as the storm prepares to devastate North and South Carolina. At least 800 [...]
Hurricane Florence weakens but insurance firms still braced for billion dollar losses September 13, 2018 Hurricane Florence has been downgraded but the “life-threatening” storm set to hit the US east coast later today could cost the insurance industry up to $20bn . More than a million people, as well as businesses have begun evacuation from the coastline as the storm prepares to devastate North and South Carolina. At least 800 [...]
Turkish lira soars after central bank defies Erdogan and raises interest rates September 13, 2018 The Turkish lira has soared after the country's central bank defied President Recep Tayyip Erdogan and increased interest rates. The currency, which had dropped to 6.54 per dollar earlier today, rose to 6.06 per dollar after the bank's monetary policy committee decided to increase interest rates from 17.75 per cent to 24 per cent. It [...]
Turkish lira soars after central bank defies Erdogan and raises interest rates September 13, 2018 The Turkish lira has soared after the country's central bank defied President Recep Tayyip Erdogan and increased interest rates. The currency, which had dropped to 6.54 per dollar earlier today, rose to 6.06 per dollar after the bank's monetary policy committee decided to increase interest rates from 17.75 per cent to 24 per cent. It [...]
Turkish lira falls as Erdogan calls for lower interest rates ahead of central bank decision September 13, 2018 The Turkish lira slumped this morning after President Recep Tayyip Erdogan called for lower interest rates ahead of a crunch central bank decision. The troubled currency dropped to 6.54 per dollar from a high of 6.35 as Erdogan made his position clear just hours before the Turkish central bank's monetary policy committee meeting. Read more: [...]
Turkish lira falls as Erdogan calls for lower interest rates ahead of central bank decision September 13, 2018 The Turkish lira slumped this morning after President Recep Tayyip Erdogan called for lower interest rates ahead of a crunch central bank decision. The troubled currency dropped to 6.54 per dollar from a high of 6.35 as Erdogan made his position clear just hours before the Turkish central bank's monetary policy committee meeting. Read more: [...]
Michelin shares rise as tyre maker confirms guidance following growth in Europe and Americas September 13, 2018 Tyre maker Michelin has confirmed its guidance for the year and said strong growth in Europe and the Americas was offsetting a slowdown in China and emerging market currency troubles. The French company's shares rose 3.4 per cent on Thursday morning after confirming its financial outlook of sales volume growth and an increase in operating [...]
Michelin shares rise as tyre maker confirms guidance following growth in Europe and Americas September 13, 2018 Tyre maker Michelin has confirmed its guidance for the year and said strong growth in Europe and the Americas was offsetting a slowdown in China and emerging market currency troubles. The French company's shares rose 3.4 per cent on Thursday morning after confirming its financial outlook of sales volume growth and an increase in operating [...]
Morrisons turnaround gathers pace as supermarkets posts best sales quarter in nine years September 13, 2018 Morrisons continued its turnaround as sales at the country's fourth largest supermarket soared in its best quarter for nine years. The figures The group's like-for-like sales were up 6.3 per cent in the second quarter. Revenue for the first half of the year was also up 4.5 per cent to £8.8bn compared with the same [...]
Morrisons turnaround gathers pace as supermarkets posts best sales quarter in nine years September 13, 2018 Morrisons continued its turnaround as sales at the country's fourth largest supermarket soared in its best quarter for nine years. The figures The group's like-for-like sales were up 6.3 per cent in the second quarter. Revenue for the first half of the year was also up 4.5 per cent to £8.8bn compared with the same [...]
