19 May

Sticky

Great Portland posts first annual loss in 4 years as pandemic batters retail business By Reuters

Posted by admin

in News

(Reuters) -London-focused property developer Great Portland Estates Plc (LON:GPOR) reported its first full-year loss since 2017 on Wednesday, as the pandemic wreaked havoc in its retail portfolio. Commercial property firms have underperformed the wider real estate sector, as multiple lockdowns and an ongoing moratorium on rent collection squeezed valuations of retail-focused assets, while remote working has weighed on office portfolios. The West End landlord said it expects retail challenges to persist given both structural change and the time it may take for footfall to recover to pre-pandemic levels. The FTSE 250-listed company said a...

19 May

0 Comments

Sticky

EEX market leader in Japan power futures after first year By Reuters

Posted by admin

in News

(Corrects figures in para 7) By Vera Eckert FRANKFURT (Reuters) - The European Energy Exchange (EEX) could double the number of participants in its Japanese power futures market from around 20 players in 2021, having traded over 3 terawatt hours (TWh) in its first 12 months, executives said. Interest in wholesale trading was boosted by extremely cold weather early this year, which left Japanese retail suppliers undercovered, said Steffen Riediger, director for Power Derivatives at the EEX, a unit of Deutsche Boerse (DE:DB1Gn). The harsh weather highlighted Japan's reliance on gas imports for power, if nuclear...

19 May

0 Comments

Sticky

Experian sees Q1 organic revenue growth at 15-20% after annual profit jumps By Reuters

Posted by admin

in News

(Reuters) - Experian expects organic revenue growth in the current quarter to be 15%-20%, the world's largest credit data firm said on Wednesday, after strong demand for its analytics services during the pandemic drove its annual earnings higher. Pretax profit rose to $1.08 billion in the year ended March 31 from $942 million a year earlier, while organic revenue growth came in at 4%. ...

19 May

0 Comments

Sticky

Australian PM says trade volumes show China values bilateral relationship By Reuters

Posted by admin

in News

By Colin Packham CANBERRA (Reuters) - Australian Prime Minister Scott Morrison has pointed to strong trade with China as evidence of an ongoing relationship despite Beijing's criticism of Canberra, as opposition Labor accused him of using alarmist rhetoric for domestic political gains. Bilateral ties have sunk to their lowest point in decades, and China has in recent months moved to restrict imports of Australian products such as barley, wine and beef after Morrison led calls for a global inquiry into the origins of COVID-19. But Morrison said sales of other commodities illustrate the relationship has not...

19 May

0 Comments

Sticky

BOJ’s Kuroda signals readiness to extend pandemic-aid scheme By Reuters

Posted by admin

in News

By Leika Kihara TOKYO (Reuters) -The Bank of Japan will consider extending its pandemic-relief programme beyond the current September deadline if necessary, Governor Haruhiko Kuroda said as the country struggles with a spike in COVID-19 infections that is crippling the economy. Kuroda said the world's third-largest economy remains on a path toward recovery as robust exports and corporate profits offset some of the pandemic's damage to consumption. But he warned that there was high uncertainty about the pace of vaccine rollouts, which could inflict longer-than-expected pain on the economy. "For the time being, risks to Japan's...

19 May

0 Comments

Sticky

Run Your Race: Money wisdom from Vanguard’s Jack Brennan By Reuters

Posted by admin

in News

By Chris Taylor NEW YORK (Reuters) - When it comes to financial advice, you could do worse than listen to someone who helped steer more money than almost anyone else on the planet. When he was chairman and CEO of investment giant Vanguard Group, Jack Brennan oversaw a company that has since grown to over $7 trillion in assets. That torch has since been passed – first to Bill McNabb, then to current chair and CEO Tim Buckley – but Brennan still has plenty of wisdom to share in his new book “More Straight Talk on...

19 May

0 Comments

Sticky

Dollar steadies before Fed minutes, bitcoin stumbles By Reuters

Posted by admin

in News

By Stanley White TOKYO (Reuters) - The U.S. dollar steadied but remained near a six-year low against its Canadian counterpart and nursed losses against European currencies as expectations that U.S. interest rates will remain low undermined the greenback. The minutes from the U.S. Federal Reserve's most recent meeting due later on Wednesday are expected to confirm that policymakers think a rate hike is still in the distance. Investors will also be scrutinising consumer price data in Britain and Canada later in the trading day to determine how quickly major economies will be forced to rein in...

19 May

0 Comments

Sticky

Asian shares slip, bitcoin tumbles as inflation worries linger By Reuters

Posted by admin

in News

By Hideyuki Sano TOKYO (Reuters) - Asian stocks dipped and cryptocurrencies extended losses on Wednesday as uncertainties over inflation prompted investors to reduce exposure to riskier assets for now. Also weighing on digital coins was a new Chinese ban on financial institutions providing services related to cryptocurrency transactions. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3% though Hong Kong and South Korea are closed for holiday. Mainland China's CSI300 slipped 0.6% while Japan's Nikkei lost 1.1%. Wall Street stocks slid late in the session to end lower on Tuesday, unable to sustain gains made...

19 May

0 Comments

Sticky

New York state probe of Trump Organization is now criminal -attorney general By Reuters

Posted by admin

in News

NEW YORK (Reuters) -The New York attorney general's office said on Tuesday it has now opened a criminal investigation into former President Donald Trump's company, going beyond what began as a civil probe. Attorney General Letitia James has been investigating whether the Trump Organization falsely reported property values to secure loans and obtain economic and tax benefits. "We have informed the Trump Organization that our investigation into the organization is no longer purely civil in nature," Fabien Levy, a spokesman for the attorney general's office, said in a statement. "We are now actively investigating the...

19 May

0 Comments

Sticky

Take-Two Earnings, Revenue beat in Q4 By Investing.com

Posted by admin

in News

Take-Two (NASDAQ:TTWO) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Take-Two announced earnings per share of $1.4 on revenue of $784.53M. Analysts polled by Investing.com anticipated EPS of $0.6821 on revenue of $661.37M. Take-Two shares are down 19.3% from the beginning of the year and are trading at $167.69 , down-from-52-week-high.They are under-performing the Nasdaq which is up 3.22% from the start of the year. Take-Two follows other major Technology sector earnings this month Take-Two's report follows an earnings beat by Apple on April 28,...

Меню

Great Portland posts first annual loss in 4 years as pandemic batters retail business By Reuters

EEX market leader in Japan power futures after first year By Reuters

Experian sees Q1 organic revenue growth at 15-20% after annual profit jumps By Reuters

Australian PM says trade volumes show China values bilateral relationship By Reuters

BOJ’s Kuroda signals readiness to extend pandemic-aid scheme By Reuters

Run Your Race: Money wisdom from Vanguard’s Jack Brennan By Reuters

Dollar steadies before Fed minutes, bitcoin stumbles By Reuters

Asian shares slip, bitcoin tumbles as inflation worries linger By Reuters

New York state probe of Trump Organization is now criminal -attorney general By Reuters

Take-Two Earnings, Revenue beat in Q4 By Investing.com

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV