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Europe Top News and Analysis United Kingdom

  • LONDON, April 25- Gold prices fell on Tuesday as markets grew less concerned that far-right leader Marine Le Pen would win the French presidential election, increasing investor appetite for risky assets such as stocks while denting bullion. Business-friendly centrist Emmanuel Macron won the first round of the French vote on Sunday and opinion polls...

  • MOSCOW, April 25- VTB Capital, the investment banking arm of Russia's second-biggest bank VTB, said it plans to hire five metals traders for its Hong Kong office within the next two months as it boosts its commodity business. Charles Smith is joining the firm's office in Hong Kong from Avra Commodities and will be in charge of base metals, Djumaliev said in an...

  • Brent is down 10 percent since late 2016, despite efforts led by the Organization of the Petroleum Exporting Countries and Russia to cut output by 1.8 million barrels per day in the first half of 2017.. Given that oil supplies remain at record highs, Stephen Schork of the Schork report said on Tuesday that " OPEC has failed miserably in its endeavor to balance the...

  • *European shares add to Monday gains, Asia bourses rise. "This is going to be a non-event for the market," said Commerzbank currency strategist Thu Lan Nguyen in Frankfurt. "Markets have pretty much priced out the risk of a Le Pen victory, and rightly so, because the first round of the elections has shown that the polls in France were correct... and this increases the...

  • LONDON— Following years of strict budget restraint, particularly in Greece, the level of government borrowing across the 19- country eurozone has fallen to its lowest level since before the most acute phase of the global financial crisis, official figures showed Tuesday. In the eurozone, the global crisis and ensuing deep recession exposed the underlying...

  • LONDON, April 25- Sterling dipped against the euro on Tuesday, kept under pressure by the single currency's renewed strength as relieved investors turned optimistic on Europe after the first round of the French presidential election. Expectations that centrist Emmanuel Macron will easily beat far-rightist Marine Le Pen in the second round on May 7 have...

  • LONDON, April 25- Sterling dipped against the euro on Tuesday, kept under pressure by the single currency's renewed strength as relieved investors turned optimistic on Europe after the first round of the French presidential election. Expectations that centrist Emmanuel Macron will easily beat far-rightist Marine Le Pen in the second round on May 7 have...

  • LONDON— The opposition Labour Party is trying to turn Britain's election into a tale of two Brexits. The left-of-center party promised Tuesday that if it wins it will seek a "smart and flexible" EU divorce and guarantee European Union nationals they can stay in Britain. Prime Minister Theresa May says giving her Conservatives a bigger majority in the June 8...

  • UK energy cap 'sheer politics': Bernstein

    Bernstein analyst Deepa Venkateswaran and Andrew Sentance, senior economic adviser at PwC, discuss the U.K. government's latest energy pricing policy.

  • Businesses reluctant to expand borrowing: PwC

    Andrew Sentance, senior economic adviser at PwC, says that central banks need to address interest rates, considering that the first tremors of the financial crisis were nearly a decade ago.

  • *Dramatic policy changes in U.S., Europe have global impact. ZURICH/ LONDON, April 24- Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging markets. Insurers say demand is being driven by uncertainty over the...

  • TOKYO— Shares were higher Tuesday in Europe and Asia as the rally driven by the outcome of France's vote persisted. KEEPING SCORE: France's CAC 40 edged 0.1 percent higher to 5,275.32, while the FTSE 100 of Britain jumped 2.1 percent to 7,264.68. FRENCH FACTOR: Investors were encouraged that Emmanuel Macron, a candidate who investors see as pro-business, got the...

  • We are dependent on the strength of the French economy: Randstad CFO

    Randstad CFO Robert Jan van der Kraats discusses his company's latest earnings, as well as its French and U.K. businesses.

  • SYDNEY, April 25- Copper eased in Asia on Tuesday, coming under pressure from investors looking to book gains after a surprise overnight lift in the London contract following a market-friedly French presidential vote. "Copper gained some steam on the back of the French election, but that hasn't held up in Asia," said a Perth- based commodities trader.

  • LONDON, April 24- Hedge funds have tempered their bullishness towards crude oil as the short-covering rally that gripped the market since the end of March ran its course. Hedge funds and other money managers increased their net long position in the three major futures and options contracts linked to Brent and WTI by 8 million barrels in the week to April 18.

  • BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • **FRANKFURT- Deutsche Bundesbank Executive Board Member Andreas Dombret speaks in Frankfurt. BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT.

  • SHANGHAI/ PARIS, April 25- When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions. "They will be trying to compete on price against people who are building aircraft at a much...

  • President Donald Trump's Mar-a-Lago estate in Palm Beach, Fla. The U.S. State Department’s recent promotion of President Donald Trump’s for-profit Florida resort is drawing criticism from Democrats and ethics advocates.

    The U.S. State Department's recent promotion of President Donald Trump's Florida resort is drawing criticism from Democrats and ethics advocates.

  • Le Pen came second in the first round of elections on Sunday, and will run against a heavily favored Emmanuel Macron, an independent centrist whose policies mix further European integration, labor liberalization and strong elements of social insurance. About 46 percent of votes were cast for candidates who either reject the core of the euro project or have...