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Wires

  • stocks in Russia and Poland slipped around one percent. North Korean leader Kim Jong Un supervised the test of a new ballistic missile on Monday and ordered the development of more powerful strategic weapons, prompting South Korea to conduct a joint drill with a U.S. bomber. Treasury yields... versus a jump in G10 currency volatility on U.S. and euro zone politics as...

  • BERLIN, May 30- German consumer inflation probably slowed more than expected in May, falling below the European Central Bank's target of just under 2 percent, regional data suggested on Tuesday, taking some pressure off the ECB to wind down its monetary stimulus soon. The surprisingly weak figures from several German states hinted that price pressures in...

  • May 30- London Stock Exchange has agreed to buy The Yield Book, Citigroup's fixed-income analytics service and also its related indexing business, for $685 million in cash, the companies said on Tuesday. The deal, which is subject to regulatory clearances and is expected to close in the second half of this year, is expected to add $30 million in synergy benefits to...

  • LONDON, May 30- Companies supplying miners with equipment and services have performed better than their oil sector peers, buoyed by spending on new technology and expectations the demand outlook for other minerals is more bullish than for fuel. "For most of the markets that the European oil services companies serve, it's almost arithmetically impossible for...

  • *Jury still out on OPEC attempt to balance supply and demand. Benchmark Brent crude was down 40 cents a barrel at $51.89 by 0840 GMT, having gained 14 cents on Monday. Collective output by OPEC and other producers will be held around 1.8 million barrels per day below its level at the end of last year.

  • SINGAPORE/ ZURICH, May 30- Singapore's central bank has fined Credit Suisse and United Overseas Bank a total of S $1.6 million for breaching anti-money laundering rules in transactions related to Malaysia's scandal-ridden state fund 1 MDB. The Monetary Authority of Singapore said on Tuesday it had fined UOB S $900,000 and Credit Suisse S $700,000 as it...

  • CALGARY, Alberta _ Americas Petrogas Inc. on Monday reported a loss of $2.3 million in its first quarter. The Calgary, Alberta- based company said it had a loss of 1 cent per share. Keywords: Americas Petrogas, Earnings Report.

  • LONDON— Shares in British Airways' parent company have tumbled after a catastrophic IT failure stranded thousands of passengers during a holiday weekend. Shares in IAG, which is also listed in Madrid, had already fallen heavily in trading in Spain on Monday. George Salmon, equity analyst at Hargreaves Lansdown, says that while BA is now running a full schedule, IAG...

  • *Seven big companies in talks to list shares in Moscow. MOSCOW, May 30- Seven big Russian companies are in advanced talks with the Moscow Exchange about listing their shares, the exchange's CEO says, highlighting corporate Russia's preference for listing at home amid sanctions and a standoff with the West. Afanasiev said a desire among Russian businesses to...

  • MOSCOW EXCHANGE READY FOR ISSUE OF YUAN-DENOMINATED RUSSIAN GOVERNMENT BONDS, CEO SAYS.

  • MOSCOW EXCHANGE CHIEF EXPECTS MORE RUSSIAN COMPANIES TO DELIST FROM FOREIGN BOURSES.

  • SEVEN BIG RUSSIAN COMPANIES IN TALKS TO LIST SHARES ON MOSCOW EXCHANGE- BOURSE CEO.

  • PARIS, May 30- Investment banks' high underwriting fees for raising fresh capital for companies are "akin to tacit collusion" and merit review by competition authorities, the OECD said on Tuesday. The Paris- based Organisation for Economic Co-operation and Development said that underwriting fees were by far the largest direct cost for an initial public...

  • LONDON, May 30- Sterling rose against the dollar on Tuesday, with investors shrugging off opinion polls showing British Prime Minister Theresa May's lead over the Labour opposition narrowing less than two weeks before a general election. The pound has risen nearly 4 percent since May called a snap election for June, as investors bet a then-predicted landslide...

  • The strike was directed against the San Francisco- headquartered Uber and Madrid- based Cabify services. The strike was to last from 6 a.m. to 6 p.m. in Madrid while in Barcelona it was to end at midnight. Taxi drivers are to stage a demonstration in Madrid at noon.

  • MILAN, May 30- European shares fell slightly on Tuesday, with banks leading the decline on fresh political jitters and following a downgrade by a top global broker. The pan-European STOXX 600 index was down 0.2 percent by 0855 GMT following three straight days of losses. Euro zone blue chips declined 0.5 percent, while Britain's FTSE dropped 0.4 percent as it...

  • DUBLIN, May 30- Ryanair posted record annual profits on Tuesday as its strategy paid off of continuing to expand in Europe despite an already crowded market, and vowed to set a new record for profits next year while cutting ticket prices by up to 7 percent. The Irish low-cost pioneer in Europe added almost 14 million seats in the year to March 31 with fares...

  • SINGAPORE, May 30- India's diesel demand is expected to rise to record levels again this year as a slew of infrastructure projects boosts use of the transport and industrial fuel, although a government-induced cash shortage will hold growth to its slowest in three years. India has budgeted a record $59 billion for 2017/ 18 for infrastructure such as ports, roads,...

  • BA was forced to cancel its schedule from London's Heathrow, Europe's busiest airport, and Gatwick on Saturday after it said a power surge knocked out its computer systems, disrupting its global flight operations, call centres and website. It struggled to recover on Sunday and Monday, but said it would be operating a full flight schedule at Heathrow and Gatwick...

  • GENEVA, May 30- Tobacco growing is causing "massive harm" to the environment through the extensive use of chemicals, energy and water, and pollution from manufacturing and distribution, the World Health Organization said on Tuesday. The United Nations agency called for the tobacco industry to compensate for its products that contribute to greenhouse gases...