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08/21/2018 08:42 AM
Sainsbury's the laggard in latest UK grocery sales data - Kantar Worldpanel
Sainsbury's , Britain's second largest supermarket group, was the worst performer of the country's big four grocers in the latest 12-week period, according to industry data published on Tuesday.


08/21/2018 08:38 AM
European shares steady ahead of U.S.-China trade talks
European shares steadied in early trading on Tuesday as caution settled in before trade talks between the United States and China later in the week, though a weaker dollar boosted shares in international earners and commodities sectors.


08/21/2018 08:35 AM
Bosch takes stake in fuel-cell group Ceres Power
German automotive supplier Bosch on Tuesday said it would take a 4 percent stake in Britain's Ceres Power Holdings , to jointly develop the next generation of solid oxide fuel cells (SOFC).


08/21/2018 08:31 AM
China says it hopes for good outcome on trade talks with U.S.
China's Foreign Ministry said on Tuesday that it hopes a good outcome can be reached during trade talks this week with the United States.


08/21/2018 08:29 AM
Hostelworld sees full-year bookings flat, shares fall
Hostelworld Group forecast stagnation of full-year bookings for 2018 on Tuesday, sending shares in the online booking platform 10 percent lower as it replaced a second member of senior management.


08/21/2018 08:24 AM
UK's Wood Plc eyes bigger merger synergies after first half results
Oilfield services company Wood Plc posted first-half profit at the higher end of its forecast on Tuesday while raising its cost-savings target for the integration of a smaller rival it bought last year by $40 million (31.37 million pounds)to $210 million.


08/21/2018 08:24 AM
Wood Group says U.S. shale only opportunity for price increases
Wood Group sees an opportunity for price increases only in its U.S. shale oil business, which it sees around six to 12 months ahead of other sectors in oil and gas, it said on Tuesday.


08/21/2018 08:05 AM
Oil firm on tighter U.S. outlook, but strategic reserve release caps market
Oil prices held firm on Tuesday, with U.S. fuel markets seen to be tightening, although the release of crude from the American strategic reserve somewhat offset an expected supply cut due to upcoming sanctions against Iran.


08/21/2018 08:04 AM
UK government aims to boost exports to 35 percent of GDP
The British government will set out a new export strategy on Tuesday aimed at boosting exports to 35 percent of gross domestic product, as it looks to increase trade ties with the rest of the world after leaving the European Union.


08/21/2018 07:54 AM
Game Digital's profit margins held back by tough preowned market
Game Digital , the British gaming products retailer 25 percent owned by Mike Ashley's Sports Direct , on Tuesday cautioned that profit margins were being held back by a tough preowned market as it reported a small rise in full year sales.


08/21/2018 07:36 AM
Cambodia's first rum maker looks to expand overseas market
Samai Distillery, which has the distinction of being Cambodia's first, and only, rum producer, is looking to export the tipple to new international markets.


08/21/2018 07:15 AM
UK builder Persimmon's first-half profit rises, sees more growth
Britain's second-largest housebuilder Persimmon , whose boss been criticised for his high pay, posted a 13 percent increase in half-year pretax profit and said it expected to see further growth.


08/21/2018 06:53 AM
Asian stocks up on hopes trade tensions ease, Trump comments hit dollar
Asian stocks rose on Tuesday, supported by hopes Beijing and Washington would dial back trade hostilities, though comments from the U.S. president about the yuan and Federal Reserve policy capped gains and weighed on the dollar.


08/21/2018 06:48 AM
Korea Exchange says it checking Merrill Lynch trades because of public concerns
The Korea Exchange (KRX) said on Tuesday it was monitoring Merrill Lynch's Seoul operations after media reports and petitions regarding the investment bank's trades.


08/21/2018 06:35 AM
Malaysian PM Mahathir says China-backed rail, pipeline projects cancelled for now - reports
Malaysian Prime Minister Mahathir Mohamad said on Tuesday that the Chinese-funded $20 billion (15.68 billion pounds)East Coast Rail Link (ECRL) project and a natural gas pipeline project in Sabah will be cancelled for now, according to media reports.


08/21/2018 06:22 AM
BHP profit, dividend jump but warns on costs, savings
Global miner BHP posted a 33 percent jump in annual underlying profit and a record final dividend on Tuesday, but flagged a delay in future savings as well as cost pressures at some of its operations.


08/21/2018 06:05 AM
Fed's solo act faces tremors in Turkey and a slower Europe
The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans.


08/21/2018 05:36 AM
Venezuela to begin forex auctions on Tuesday, Maduro says
Venezuela will begin holding foreign exchange auctions on Tuesday, President Nicolas Maduro said in a Monday evening broadcast, as part of a broad economic plan to help the struggling OPEC nation emerge from a hyperinflationary crisis.


08/21/2018 05:31 AM
BHP suffers outage at Olympic dam copper smelter
Global miner BHP Billiton said it was assessing the impact of an ongoing outage at its Olympic dam copper smelter in South Australia, as it released its annual results on Tuesday.


08/21/2018 05:29 AM
Indian government probes Jet Airways for alleged siphoning of funds - Business Standard
India's corporate affairs ministry is probing allegations that beleaguered carrier Jet Airways Ltd siphoned off funds, the Business Standard newspaper reported on Tuesday.

 

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