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18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

Posted at 07:39h in News by KMFSLLP 0 Comments

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* U.S. vaccine trial shows productive results, oil prices surge

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18 May European shares extend gains, Germany outperforms

Posted at 07:28h in News by KMFSLLP 0 Comments

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European shares extended gains on Tuesday as fresh stimulus plans for the European Union added to hopes of a faster economic recovery from a coronavirus-fuelled downturn.

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18 May Australian shares end at over 2-month high on economic recovery hopes

Posted at 07:25h in News by KMFSLLP 0 Comments

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Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities.

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

Posted at 07:20h in News by KMFSLLP 0 Comments

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Large businesses which want to borrow from the Bank of England for more than a year under an emergency coronavirus support scheme will have to show restraint on dividends and executive pay, the central bank said on Tuesday.

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

Posted at 07:06h in News by KMFSLLP 0 Comments

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JDE Peet's BV, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise at least 700 million euros ($764 million) via an initial public offering on the Euronext Amsterdam exchange.

18 May CORRECTED-Japan power prices hit zero as coronavirus hammers industrial activity

Posted at 06:50h in News by KMFSLLP 0 Comments

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Electricity prices in Japan are hitting the lowest price possible, effectively zero, with increasing regularity as the coronavirus pandemic slows industrial activity, while renewable energy supplies such as solar increase as summer approaches.

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18 May UK energy supplier Ovo to cut 2,600 jobs

Posted at 06:46h in News by KMFSLLP 0 Comments

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Meter readers and back-office roles face cull as virus emergency hits business

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18 May UK energy supplier Ovo to cut a quarter of its staff

Posted at 06:46h in News by KMFSLLP 0 Comments

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2,600 jobs at risk at one of Britain’s 3 largest energy companies

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18 May Tokyo shares hit 2-1/2 month high on hopes for swift reopening of economy

Posted at 06:38h in News by KMFSLLP 0 Comments

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Japanese stocks advanced in line with their Wall Street and Asian peers and hit a two-and-a-half-month high on Tuesday, as encouraging early-stage data for a potential coronavirus vaccine boosted hopes for a swift reopening of the global economy.

18 May Coffee company JDE Peet’s seeks to raise 700 mln euros in IPO

Posted at 06:00h in News by KMFSLLP 0 Comments

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JDE Peet's Coffee, the owner of Jacobs, Douwe Egberts, Peet's Coffee and other brands, said on Tuesday it would seek to raise 700 million euros ($764 million) in an initial public offering of shares on the Euronext Amsterdam exchange.

News

18 May China shares end higher on COVID-19 vaccine, economic recovery hopes

18 May European shares extend gains, Germany outperforms

18 May Australian shares end at over 2-month high on economic recovery hopes

18 May BoE imposes dividend, pay caps on longer-term corporate borrowers

18 May UPDATE 1-Coffee maker JDE Peet’s looks to wake up sleepy IPO market

18 May CORRECTED-Japan power prices hit zero as coronavirus hammers industrial activity

18 May UK energy supplier Ovo to cut 2,600 jobs

18 May UK energy supplier Ovo to cut a quarter of its staff

18 May Tokyo shares hit 2-1/2 month high on hopes for swift reopening of economy

18 May Coffee company JDE Peet’s seeks to raise 700 mln euros in IPO

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