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Ian Temple, chairman of the Hydrogen Group, talks to CNBC about the UK's rise as a technology hub, with media and consultancy skills coming together.
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*Aggreko drops 16 pct, cautions on 2013 outlook. Temporary power provider Aggreko was the top faller after its latest update. Ultimately I think we will get a deal, but all the risk is on the downside, " Joe Rundle, head of trading at ETX Capital, said.
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LONDON, Dec 17- Oil edged below $108 a barrel on Monday as investors remained concerned over the progress of U.S. budget deficit reduction talks, countering support from signs of a brighter economic outlook in China. Brent crude for February was down 42 cents at $107.76 a barrel by 0926 GMT, having earlier risen as high as $108.50.
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LONDON, Dec 17- The yen fell to its lowest in more than a year and a half versus the dollar on Monday after a landslide election victory for Japan's Liberal Democratic Party, which is committed to aggressive monetary easing.
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*Brent crude above $108 on brighter outlook for China. LONDON, Dec 17- A win by Japan's conservative Liberal Democratic Party lifted the dollar to a 20- month high against the yen on Monday while European shares edged lower, weighed down by U.S. budget uncertainty.
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LONDON, Dec 17- European shares traded flat on Monday and were expected to remain trapped in a tight range but vulnerable to sharp moves given uncertainty surrounding U.S. budget talks, with Aggreko a top faller after its latest update.
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SINGAPORE, Dec 17- London copper edged up on Monday, after a five-week winning streak, on signs of reviving growth in top consumer China and tentative progress in U.S. " I don't think there are many people expecting the negotiations to blow up, "said metals analyst Ivan Szpakowski at Credit Suisse in Singapore."
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LONDON, Dec 14- Equating economic uncertainty with financial market volatility this year would have been a dangerous game. The VIX, or "fear index" of implied one-month volatility for Wall Street equities, for many the global benchmark, has been below 20 percent for nearly six months.
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*Bank of England wants UK banks to justify their approaches. LONDON, Dec 17- European banks are under pressure to standardise how they measure their riskiness as investors grow increasingly wary of the kaleidoscope of methods used.
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*MSCI Asia ex- Japan eases 0.5 pct, Nikkei gains 0.9 pct. TOKYO, Dec 17- The Liberal Democratic Party of. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent, snapping an eight day winning streak.
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Spreadbetters expect London's FTSE 100 to open around 4 points higher, or up 0.1 percent, Frankfurt's DAX to open around 28 points higher, or up 0.4 percent, and Paris' CAC 40 to open around 2 points higher, or up 0.1 percent.
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NEW YORK, Dec 17- Oil prices were mixed in choppy trading on Monday, with Wall Street equities and U.S. crude futures receiving support from optimism that a budget deal might be reached in time to avert looming mandated U.S. spending cuts and tax hikes. Republican House Speaker John Boehner edged slightly closer to U.S.
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SINGAPORE, Dec 17- London copper was steady on Monday, consolidating from a five-week winning streak on signs of reviving growth momentum in top consumer China, while tentative progress on the U.S. " Copper prices have staged a year-end rally, climbing 6 percent from mid-November, supported by a boost in buying from investors in the United States.
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SINGAPORE, Dec 17- London copper was steady on Monday, consolidating from a five-week winning streak on signs of reviving growth momentum in top consumer China, but protracted wrangling over the U.S. " *The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.29 percent to 57,670 yuan a tonne.
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*Fine could be as much as $1.6 bln, more than Barclays'- report. LONDON/ ZURICH, Dec 17- UBS AG is expected to be hit with a $1 billion- plus fine to settle charges of rigging Libor interest rates this week, making it the second bank to be brought to book for its role in the global scandal.
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*Chairman Axel Weber involved in trying to prevent conviction. ZURICH, Dec 14- UBS faces a fine of 1.5 billion Swiss francs to settle interest rate rigging charges, a Swiss newspaper reported on Saturday.
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NEW YORK, Dec 13- Gold held below $1,700 an ounce on Friday, finishing steady on the day but down for a third week, hampered by thin holiday season trading and uncertainties over stalled U.S. budget negotiations.
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ZURICH/ LONDON, Dec 14- UBS will admit to criminal wrongdoing by its Japanese arm, where one of the Swiss bank's traders manipulated yen Libor and euroyen contracts, to secure a $1- billion- plus settlement with regulators, people familiar with the matter said on Friday.
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*Main index up 0.75 pct, biggest gain since Nov. NEW YORK, Dec 14- Commodities staged their biggest collective gain in two weeks on Friday, as upbeat economic data from China and the United States offset concerns about the euro zone's worsening condition and the looming fiscal crisis in Washington.
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*Rules are for banks with more than $50 bln global assets. WASHINGTON, Dec 14- The U.S. The proposal was flagged in some detail by Fed Governor Daniel Tarullo last month, who said regulators remained wary of the risks posed by big banks that do business globally, and are prepared to tighten the rules as a precaution.
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*Brisk pace of sugar exports seen from Brazil. *Cocoa dealers eye beginning of Ivory Coast auction. NEW YORK/ LONDON, Dec 14- Arabica coffee futures on ICE slipped to a 2-1/ 2- year low for the third straight session on Friday, while raw sugar recovered a bit after falling the previous session to the lowest level since August 2010, as both markets faced surplus supplies.