Exotix Capital hires executives to expand fixed income presence

Jul 16 2018

Exotix Capital, the developing markets investment bank, said it has hired four new executives to expand its global presence in fixed income.

BoE raises hurdle for banks in 2018 stress test

Jul 12 2018

Bank of England (BoE) said this year’s stress test of major banks will include how non-core capital buffers stand up to market and economic stresses.

FTSE 100 miners, energy stocks slide on new US tariff list

Jul 11 2018

British shares sold off on Wednesday as the United States threatened to slap 10 percent tariffs on a list of $200 billion worth of Chinese imports, escalating a trade war and sending jitters across global markets.

Stock futures drop after US threatens more China tariffs

Jul 11 2018

U.S. stock index futures dropped sharply on Wednesday after the United States threatened tariffs on an additional $200 billion worth of Chinese goods, dampening hopes of a compromise on trade.

Yuan, Aussie hit as US threatens more tariffs on China

Jul 11 2018

Dollar rose near an 11-month high against the Chinese yuan and the Australian dollar tumbled after the U.S. said it would slap tariffs on an extra $200 billion of imports from China, sharply escalating tensions between the world’s two biggest economies.

Britain's FTSE inches higher, shrugging off trade tensions

Jul 06 2018

The UK’s top share index rose on Friday, shrugging off any worries over global trade after U.S. tariffs on Chinese goods took effect.

Migrant rescue boat arrives in Spain after rejection by Italy and Malta

Jul 04 2018

A humanitarian rescue boat carrying 60 migrants rescued off Libya docked in Barcelona on Wednesday after being turned away by Malta and Italy, in the latest example of European divisions on immigration.

Britain's anti-fraud body closes investigation into rate rigging at Lloyds

Jul 04 2018

More than a dozen employees at Lloyds will be spared criminal trial for their part in the alleged rigging of the Libor benchmark, after Britain’s SFO closed its investigation due to lack of evidence.

Pretax profit halves at Telegraph newspaper

Jul 04 2018

Publisher of Daily Telegraph said its pretax profit nearly halved to 13.7 mn pounds in 2017 as it invested in journalism, technology and marketing to grow its digital subscribers.

Trade troubles take their toll on FTSE

Jun 27 2018

UK’s top share index lost ground as persistent jitters over global trade kept risk appetite subdued, though buoyant energy stocks helped stem losses.

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