19 April

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FTSE 100 rises on miners, industrials boost; midcaps hit record high By Reuters

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(Reuters) - London's FTSE 100 edged higher on Monday as heavyweight mining and industrial stocks gained, while shares of Melrose Industries jumped on a sale plan of its unit. The blue-chip index rose 0.1%, with shares of the British engineer gaining 0.3% after it agreed to sell its Nortek Air Management business for 2.62 billion pounds ($3.63 billion) to Chicago-based Madison Industries. Miners added 0.2% as they tracked higher metal prices. [MET/L] However, gains were capped as energy stocks declined more than 1% on lower crude prices. [O/R] The domestically focussed mid-cap FTSE 250 index...

19 April

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The ‘metaverse’ bet: crypto-rich investors snap up virtual real estate By Reuters

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By Elizabeth Howcroft LONDON (Reuters) - What do you do with a $69 million artwork that doesn't physically exist? That's the question faced by the Singapore-based investor calling himself Metakovan, who made headlines last month when he bought the digital artwork "Everydays: The First 5000 Days" by the American artist Beeple at Christie's. The work is a non-fungible token (NFT) – a new type of virtual asset that has its ownership status and authenticity verified by blockchain. NFTs have exploded in popularity in 2021, with prices skyrocketing. Metakovan, real name Vignesh Sundaresan, plans to...

19 April

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Toyota says it will introduce 15 BEVs, expand electric lineup by 2025 By Reuters

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TOKYO (Reuters) - Toyota Motor Corp said on Monday it will introduce 15 battery electric vehicle (BEV) models globally by 2025, expanding the automaker's electric vehicle lineup to achieve carbon neutrality before 2050. The company will increase its number of electric models to around 70 from currently offered 55, it said in a statement. The new BEV model Toyota bZ series, which was unveiled at the 2021 Shanghai Auto Show on Monday, is aimed for China, the United States and Europe, the carmaker said. Carmakers around the world are switching to battery-powered vehicles amid tougher emission...

19 April

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Danske Bank CEO resigns after being named suspect in Dutch probe By Reuters

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COPENHAGEN (Reuters) - Danske Bank Chief Executive Chris Vogelzang resigned on Monday after Dutch authorities named him as a suspect in a probe into violations of money-laundering regulation at Dutch lender ABN Amro, Danske Bank said in a statement. Carsten Egeriis, chief risk officer, will take over as chief executive effective immediately, Danske said. ...

19 April

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Steinhoff to seek creditors’ nod for unit Pepco Group IPO By Reuters

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(Reuters) -South African retail group Steinhoff said on Monday it had decided to seek necessary consent from its financial creditors for a listing of its unit and pan-European discount variety retailer Pepco Group. The decision comes in the wake of last week's reports that Pepco had decided to list its shares in Warsaw rather than London, in what could become Poland's biggest initial public offering this year. Pepco, which has more than 1,000 stores in Poland and owns British discount retailer Poundland, is valued at around 5 billion euros ($5.98 billion), according to sources. In March,...

19 April

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Families reunite as Australia-New Zealand ‘travel bubble’ begins By Reuters

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By Renju Jose SYDNEY (Reuters) - Hundreds of passengers from Australia began arriving in New Zealand airports on Monday after authorities reopened borders, a pandemic milestone that allows quarantine-free travel between the countries for the first time in over a year. Though most Australian states have allowed quarantine-free visits from New Zealand residents since late last year, New Zealand had enforced isolation for arrivals from its neighbour, citing concerns about sporadic virus outbreaks there. "The bubble marks a significant step in New Zealand's reconnection with the world and it is one that we should all...

19 April

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Five people critically injured at shooting in Shreveport, Louisiana – KSLA By Reuters

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(Reuters) - Five people were hospitalized after being shot and critically injured in an incident at a liquor store in Shreveport, Louisiana, CBS-affiliated television station KSLA reported late Sunday. It wasn't immediately clear who was responsible for the shooting. Authorities described the injuries as life-threatening, the report said. Four people were outside the store, in Hearne Avenue, Shreveport, while one person was inside the store when the shooting happened, according to the report. Reuters was not immediately able to contact local police. Eleven police units were at the scene where the incident happened around 9 p.m....

19 April

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Dollar pinned near one-month low amid subdued U.S. yields By Reuters

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By Kevin Buckland TOKYO (Reuters) - The dollar was pinned near a one-month low to major peers on Monday, with Treasury yields hovering near the lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The safe-haven greenback was also held down by improved risk sentiment amid a rally in global stocks to record highs. Bitcoin nursed losses from Sunday, when it plunged by as much as 14% to $51,541, which a report attributed to news of a power outage in China. It last...

19 April

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Asian shares near 1-1/2 week highs, Bitcoin recoups losses By Reuters

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By Swati Pandey SYDNEY (Reuters) - Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections. MSCI's broadest index of Asia-Pacific shares outside Japan was last at 695.59, within striking distance of Friday's high of 696.48 - a level not seen since Apr. 7. The index jumped 1.2% last week and is up 5% so far this year, on track for its third straight yearly gain. "The extremely supportive monetary...

19 April

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Investor group calls for banks to set tougher climate targets By Reuters

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By Simon Jessop and Ross Kerber LONDON (Reuters) - A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change. The group, which includes Pimco, the world's biggest bond investor, and Britain's biggest asset manager, Legal & General Investment Management, said they wanted lenders to set 'enhanced' pledges to decarbonise their lending books. While a number of the world's biggest banks have already said they have an 'ambition' to reach net zero greenhouse gas...

Меню

FTSE 100 rises on miners, industrials boost; midcaps hit record high By Reuters

The ‘metaverse’ bet: crypto-rich investors snap up virtual real estate By Reuters

Toyota says it will introduce 15 BEVs, expand electric lineup by 2025 By Reuters

Danske Bank CEO resigns after being named suspect in Dutch probe By Reuters

Steinhoff to seek creditors’ nod for unit Pepco Group IPO By Reuters

Families reunite as Australia-New Zealand ‘travel bubble’ begins By Reuters

Five people critically injured at shooting in Shreveport, Louisiana – KSLA By Reuters

Dollar pinned near one-month low amid subdued U.S. yields By Reuters

Asian shares near 1-1/2 week highs, Bitcoin recoups losses By Reuters

Investor group calls for banks to set tougher climate targets By Reuters

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