Posted by support on October 26, 2016

(Reuters) - Prime Minister Theresa May had warned privately that companies would leave Britain if the country voted in favour of Brexit, the Guardian newspaper reported, citing a recording of the remarks she made to Goldman Sachs (NYSE:GS) last May.
"I think one of the issues is that a lot of people will invest here in the U.K., because it is the U.K. in Europe," May said in the recording obtained by Guardian, which was posted on the newspaper's website.
At the time, May was the home secretary and was in the "remain" camp on Brexit.

Posted by support on October 26, 2016

LONDON (Reuters) - The chance of an agreement to freeze or cut crude output when OPEC members meet next month might appear more distant now Iraq has joined those asking for an exemption, but investors are ramping up their bets that oil prices will rally.
The price of oil has this month risen to its highest so far this year, having gained more than 10 percent in the four weeks since the Organization of the Petroleum Exporting Countries agreed to cut production and rein excess global supply.

Posted by support on October 24, 2016

TOKYO (Reuters) - Asian stocks eked out gains but lacked clear direction on Monday after Wall Street's sluggish performance late last week, while the dollar hit a near nine-month high as comments from a Federal Reserve official boosted bets of a rate hike by year-end.
Spreadbetters expected Britain's FTSE (FTSE), Germany's DAX (GDAXI) and France's CAC (FCHI) to open slightly higher.
MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) inched up 0.2 percent.

Posted by support on October 24, 2016

LONDON (Reuters) - For decades, Britain's bankers have relied on their industry's outsized status in the economy to find a receptive ear in government.
But in the aftermath of the country's vote to leave the European Union, the sector that generates about a tenth of national economic output is grappling with an uncomfortable new reality where economics doesn't always trump politics.

Posted by support on October 21, 2016

BRUSSELS (Reuters) - Attending her first European Union summit since Britain's vote to leave the bloc, Prime Minister Theresa May tried to reassure EU leaders over Brexit but was told by French President Francois Hollande to prepare for tough negotiations.
At a gathering in Brussels where EU leaders had robust debates on Russia, migration and trade issues, May was allotted a short time slot at the end of dinner on Thursday to lay out her plans for taking Britain out of the EU after more than four decades as a member.

Posted by support on October 21, 2016

KIRKUK, Iraq (Reuters) - Suspected Islamic State militants attacked several buildings and a power station in the northern Iraqi oil city of Kirkuk in the early hours of Friday, killing eight people, and some of the attackers remained holed up in a mosque and a hotel, security sources said.
Six members of the security forces were killed along with two Iranians who were part of a team carrying out maintenance in a power station outside the city, according to a hospital source.

Posted by support on October 19, 2016

SINGAPORE (Reuters) - Oil prices rose on Wednesday, lifted by a report of a drop in U.S. crude inventories and declining production in China, while an upbeat OPEC statement on its planned output cut also supported the market.
A slightly weaker dollar boosted oil as well, traders said, as it makes fuel purchases cheaper for countries using other currencies, potentially spurring demand.
U.S. West Texas Intermediate (WTI) crude oil futures were trading at $50.73 per barrel at 0326 GMT, up 44 cents, or 0.87 percent, from their last settlement.

Posted by support on October 19, 2016

Consumer price inflation (CPI) in the U.K. hit a near two-year high in September and came out higher than forecast as a weaker pound put upward pressure on prices, official data showed on Tuesday.
In a report, the U.K. Office for National Statistics said the rate of consumer price inflation rose from the year before by a seasonally adjusted 1.0% last month, above forecasts for a gain of 0.9% and compared to the 0.6% increase seen in August. That was its highest level since November 2014.

Posted by support on October 18, 2016

NEW YORK (Reuters) - Deutsche Bank AG (DE:DBKGn) has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed on Monday.
The settlement, disclosed in papers filed in Manhattan federal court, came in one of many recent lawsuits in which investors have accused banks of conspiring to rig rates and prices in financial and commodities markets.

Posted by support on October 18, 2016

NEW YORK (Reuters) - Major stock markets around the world fell on Monday and U.S. and European bond yields slipped from four-month highs amid uncertainty over the health of the global economy.
U.S. stocks fell as declining oil prices pushed energy stocks down and consumer discretionary shares stumbled.
Stocks moved lower after comments from Federal Reserve Vice Chairman Stanley Fischer, who said economic stability could be threatened by low interest rates, but it was "not that simple" for the Fed to raise rates.

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