First warning signs appear for UK’s resilient economy
Author: Agence France PresseMon, 2017-03-27ID: 1490630530919531600LONDON: Britain’s economy has for months defied the cataclysmic predictions made by campaigners for staying in the EU ahead of last year’s referendum but its smooth run shows signs of hitting the skids.As Britain begins the delicate process of extracting itself from the European Union, headwinds are expected for the economy even […]
Le Pen’s plan to jettison euro spooks French business
Author: AFPMon, 2017-03-27ID: 1490550573311709600PARIS: The euro — and her fervent wish to withdraw from it — is a central theme of every stump speech by French far-right presidential candidate Marine Le Pen.Le Pen calls the single European currency “a knife that you stick in a country’s ribs to force it to do what its people do not […]
Canada eyes Asia for oil exports
Author: The Associated PressMon, 2017-03-27ID: 1490550573521710500TORONTO: Canada’s natural resource minister said Saturday despite the approval of Keystone XL pipeline, his government remains determined to diversify its oil exports beyond the US. The minister, Jim Carr, told The Associated Press that President Donald Trump’s approval of the pipeline is “good news.” But he said there are other important […]
Oil producers to review extension of output cuts
Author: ReutersMon, 2017-03-27ID: 1490550531761698300KUWAIT: A joint committee of ministers from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee “reports high […]
Saving Cool Britannia image from Brexit bruise
Author: AFPMon, 2017-03-27ID: 1490550573371710200LONDON: Brexit challenges Britain’s global image of openness and tolerance, but Cool Britannia has what it takes to avoid being suddenly rebranded as uncool just because it quits the EU, advertising professionals say.From music to film and fashion, Britain has for decades enhanced its image as a modern and dynamic culture. The ease of […]
Sensex, Nifty headed for weak close; Tata Steel, RIL stay weak
Key Indian stock indices are headed for a weak close today, after having recorded gains in the last two sessions, coming back strongly after some weak spells during the first three sessions last week.A weak close across Asian markets and the downtrend in major European markets amid uncertainty about U.S. President Donald Trump’s trade and […]
US STOCKS-Wall St off lows as investors assess failed healthcare bill
* Congress pulls healthcare bill on Friday * Bank stocks, dollar drop; gold hits one-month high * Goldman responsible for shaving 35 points off Dow * Indexes down: Dow 0.55 pct, S&P 0.43 pct, Nasdaq 0.32 pct (Adds details, comments, updates prices) By Yashaswini Swamynathan March 27 (Reuters) – U.S. stocks came off session lows […]
Global stocks, dollar slip as Trump trade deflates
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Stocks, the dollar and U.S. long-dated Treasury yields slipped on Monday as investors fretted that U.S. President Donald Trump’s defeat over healthcare reform foreshadowed difficulties delivering other campaign promises, in particular fiscal stimulus. Trump’s failure to rally enough support from his own Republican party – which controls […]
Sensex ends 188 points down on weak global cues
The Indian stock market ended notably lower on Monday, with investors pressing sales at several counters in metal, oil, automobile and FMCG sectors. Asian and European markets traded weak, amid uncertainty about U.S. President Donald Trump’s economic agenda following his failure to get the healthcare legislation passed.A report from Skymet Weather that said monsoon 2017 […]
US STOCKS-Wall St trims losses as investors seek bargains
* Financial sector off lows, gold comes off one-month high * Healthcare only sector in the black * Indexes down: Dow 0.29 pct, S&P 0.22 pct, Nasdaq 0.01 pct (Updates to early afternoon) By Yashaswini Swamynathan March 27 (Reuters) – U.S. stocks were well off session lowson Monday as investors sought bargains after a rough […]
