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Adam Marshall, director of policy at BCC, tells CNBC there¿s a huge growth in the number of UK companies going into export markets, but breaking into global markets remains hard.
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LONDON, Nov 30- The big "known unknowns", to borrow from former U.S. defence secretary Donald Rumsfeld, are now so familiar to most global investors that they have to think long and hard about risks looming in 2013.. And a glance at the election calendar for next year- with polls in Italy, Germany, Israel and Iran- shows there's no shortage of "event risks".
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LONDON, Dec 3- Oil held around $111 per barrel on Monday on signs China's economic growth was beginning to recover, although gains were limited by concern about the economic welfare of the United States, the world's top oil consumer.
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LONDON- Euro zone manufacturing remains mired in recession in November while Asian performance, with the exception of China, is subdued, underscoring a fragile and patchy global economy. -CHINA- PMI/, moved, by Lucy Hornby, 800 words.
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LONDON, Dec 3- British manufacturing activity shrank much less than expected in November although the sector remains in a precarious state as orders edged down, a survey found on Monday.
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LONDON, Dec 3- The euro hit a six-week high against the dollar on Monday, with some investors trimming bets against the single currency on signs Germany may be open to a Greek debt write-down. The euro climbed to $1.3048, its highest since Oct. 23, before paring gains to last trade up 0.4 percent on the day at $1.3039.
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*Schroders climbs after BofA ML upgrade. LONDON, Dec 3- European shares gained early on Monday, led by commodity companies, on the back of improving manufacturing data from China, which helped offset broader macro worries.
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*Greece unveils details of bond-buyback plan. MSCI world equity index edged up about 0.1 percent 332.80 helped by a small gain in MSCI's broadest index of Asia-Pacific shares outside Japan.
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LONDON, Dec 3- European shares inched higher early on Monday, led by commodity companies, on the back of improving manufacturing data from China. Miners were among those boosted by a survey that showed China's giant manufacturing sector had moved into expansion territory for the first time since October 2011.
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Swiss bank UBS is close to a settlement with U.S. and U.K. authorities and is expected to pay more than $450 million over claims that some of its employees submitted false Libor rates, the NYT reported.
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The currency area's escape route hinges more on the pace of expansion in the United States and China, lifting the world economy, than on the policy mix in Europe, which will continue to favour austerity over growth in 2013.
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Coffee chain Starbucks said it was considering changes to its UK tax practices following criticism from lawmakers, tax campaigners and the media.
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MADRID, Dec 3- Spain's Telefonica SA is working on plans to list 10-15 percent of its Latin American unit, its chief executive said in an interview with the Financial Times published on Monday.
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BEIJING/ LONDON- China's economy picked up in November but a broader global recovery remains fragile and patchy, a clutch of factory surveys suggest, with activity elsewhere in Asia remaining subdued amid depressed demand from the developed world. (ECONOMY-GLOBAL/PMI, expect by 0800 GMT/ 3 AM ET, 800 words). -CHINA- PMI/, moved, by Lucy Hornby, 800 words.
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Financial spreadbetters expect Britain's FTSE 100 to open 20 to 21 points higher, or 0.4 percent, Germany's DAX to open around 35 points higher, or 0.5 percent, and France's CAC 40 to open 18 to 19 points higher, or 0.5 percent.
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*UK rival Barclays fined $453 million in June. Britain's Barclays Plc was fined $453 million in June for manipulating Libor benchmark interest rates, and remains the only bank to settle in the investigation, which led to th e resignation of the bank's chairman and chief executive.
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*Middle East tensions continue to be supportive to oil. NEW YORK, Dec 3- Brent oil prices turned lower in choppy trading on Monday as weak U.S. manufacturing data pulled crude futures back after supportive Chinese economic data and Middle East tensions had sparked a rally.
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*Turkey takes 90 pct of Iran's natural gas exports. ISTANBUL, Dec 3- Turkey will continue to buy natural gas from Iran despite the prospect of tighter U.S. sanctions, Turkish Prime Minister Tayyip Erdogan said, indicating the measures are not likely to have much impact on the countries' gold-for-gas trade.
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NEW YORK, Dec 3- Oil and metals futures mostly rose on Monday as stronger growth in China and positive U.S. factory data helped markets override concerns about the U.S. " Crop prices shot up too, with soybeans and corn touching three-week highs on expectations of more buying from China.
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Boris Johnson has launched an offensive against France's central bank governor, accusing him of a "naked attempt to steal London's financial crown," the Financial Times reports.
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Dec 2- Swiss bank UBS AG is close to a settlement with U.S. and British authorities and is expected to pay more than $450 million over claims that some of its employees submitted false Libor rates, the New York Times reported.