Sweden fights deflation with 0pc interest rate

first_img Joseph Millis whatsapp Tuesday 28 October 2014 10:10 pm Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wrap Tags: NULL Sweden fights deflation with 0pc interest rate Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesFreight & Shipping Quotes | Search AdsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Share THE COUNTRY that brought you noir TV detective shows such as Wallander and – with Denmark – The Bridge, yesterday delivered some bleak news for savers.Riksbank, Sweden’s central bank, cut interest rates more than expected to zero to ward off a prolonged deflation risk, and said it would delay tightening policy until the middle of 2016.Like the neighbouring Eurozone, Sweden is grappling with persistently low inflation and wants to avoid slipping into a deflationary spiral that would hit the economy as falling prices would encourage consumers to delay purchases.Consumer prices in Sweden have dropped in seven of the past nine months and inflation has stayed below the Riksbank’s two per cent target for almost three years.“We think that will be enough,” Riksbank governor Stefan Ingves told a press conference in Stockholm. “But if the world turns out completely differently, then we have the tool box to do other things.”The central bank’s dovish message sent the Swedish krona to a four-year low against the dollar and the euro. last_img read more

Capita’s bid pipeline dries

first_imgWednesday 12 November 2014 9:32 pm Capita’s bid pipeline dries UK OUTSOURCING firm Capita saw its share price fall 6.51 per cent to 1,048p yesterday after it revealed recent contract losses and a decreasing bid pipeline.The company said it had obtained £1.63bn in new contracts in the year to date, dropping from £2.9bn in the same period last year. Its bid pipeline also dropped to £4.1bn from £5.7bn in July.Capita also announced that group finance director Gordon Hurst would retire in February. whatsapp Show Comments ▼ Ollie Gordon More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com Share whatsapp Tags: NULLlast_img read more

US investment firm Ares Management bids for Farrow & Ball in £300m deal

first_img US investment firm Ares Management bids for Farrow & Ball in £300m deal Ollie Gordon More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Ares Management, a Los Angeles-based alternative asset manager, is in negotiations to buy the British paint manufacturer Farrow & Ball in a deal worth up to £300m, it was revealed yesterday.The US investment firm – owner of upmarket American department store Neiman Marcus – is thought to have bid between £250m and £300m for the Dorset-based paint maker, with a deal possibly to be completed in the coming days. If it gets across the line, the deal would mark a sizeable to return for Farrow & Ball’s current owner, the London-based private equity firm European Capital.European Capital shelled out around £80m for the paint producer in a management buyout from the family owners in 2006. The private equity firm now looks set to at least triple that investment with the company’s sale. European Capital employed advisers from NM Rothschild earlier in the year to find a buyer for the company. It is understood that a number of the world’s largest private equity outfits were involved in the subsequent auction, including the Carlyle Group, TPG and Bain Capital, with London’s 3i and Bahrain’s Investcorp also having considered bids.Both Ares Management and Euro­pean Capital declined to comment when contacted by City A.M..The bid from Ares follows on from the firm’s $110m (£63.5m) acquisition of British housebuilder London Square in July this year.Farrow & Ball was founded by former chemists John Farrow and Richard Maurice Ball in the 1930s in Wimborne, Dorset. The company now has 51 showrooms spread across the UK, Europe and the United States. Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoYahoo! SearchSearch For Car Donation For CharitiesYahoo! SearchUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndocenter_img whatsapp Tags: NULL whatsapp Sunday 16 November 2014 11:29 pm Sharelast_img read more

Eurozone gets a lift from factory sector growth

first_imgMonday 2 February 2015 8:29 pm whatsapp Share Show Comments ▼ A SPARK of good news emerged from the Eurozone’s manufacturers yesterday, while separate data from the UK showed British factories enjoying economic growth.The latest purchasing managers’ index (PMI), compiled by Markit, showed that the Eurozone manufacturing sector’s rate of growth rose by 0.4 percentage points in January, to 51. Any figure above 50 indicates growth. The PMI improved to a six-month high in January, from 50.6 in December and 50.1 in November. The UK’s manufacturing PMI climbed to 53 from December’s 52.7. It was boosted by growth in output and new orders.Disappointingly, increased growth in Spain, the Netherlands and Germany was offset by miserable stats from Greece, where the sector’s rate of contraction accelerated from 49.3 to 48.3 points, a 15-month low.Howard Archer, an economist at IHS Global Insight, said we could be seeing the effects of low oil prices and a depleted euro.“This suggests that very low oil prices and the markedly weaker euro may just be starting to feed through to help Eurozone manufacturers, although there is still a long way to go before the sector is out of the woods. Furthermore, the European Central Bank’s stimulative measures should increasingly help matters, notably including the substantial quantitative easing programme [unveiled in January],” Archer said. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldGive It LoveRemember These Rare Sisters? See Them NowGive It Lovezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBall center_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com whatsapp Express KCS Eurozone gets a lift from factory sector growth Tags: Eurozonelast_img read more

LinkedIn shares up after hours on revenue rise

first_imgThe figuresLinkedIn’s fourth quarter revenue came in at $643m, up 44 per cent year-on-year, well ahead of expectations of $617m, taking full-year revenue to $2.2bn, up 45 per cent on 2013’s $1.5bnShares were up six per cent in after-hours trading. Revenue from its recruitment business, marketing solutions and premium subscriptions were all up, 41 per cent, 56 per cent and 38 per cent respectively in the quarter.Some 60 per cent of the quarter’s revenue came from its home US market and 40 per cent from international markets.Why it’s interestingLinkedIn continues to grow solidly and has surged ahead of more glamorous social networks with solid revenue streams and money-making products.What Twitter saidLinkedIn chief Jeff Weiner said:”The fourth quarter capped another successful year for LinkedIn, which was marked by steady member growth and strong financial results. We continued to make significant progress against a number of multi-year, strategic initiatives including mobile, jobs, content, and global expansion.”In shortAnother set of positive numbers from LinkedIn will keep Wall Street happy.  LinkedIn shares up after hours on revenue rise Lynsey Barber by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableySenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinitionBeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider whatsapp Show Comments ▼ center_img whatsapp More From Our Partners Fort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com Thursday 5 February 2015 5:19 pm Tags: LinkedIn Silicon Valley results Sharelast_img read more

General Election 2015: British Chambers of Commerce calls for quick EU referendum

first_img Share A vote on whether Britain should remain a part of the EU or not should take place soon to avoid uncertainties for business, the head of the British Chambers of Commerce (BCC) has said.Speaking ahead of the BCC annual conference, director general  John Longworth told the BBC: “Our members say that they actually want a referendum. There is obviously a debate around a referendum at the moment … that is creating uncertainty, so if we are going to have a referendum we ought to do it quickly.” Longworth will address an audience of British business leaders in London today, where Conservative and Labour politicians are also set to battle it out to win the backing of the business world ahead of the General Election in May.With just 87 days to go, Longworth said: “We have to come to a conclusion on these things and move on… Uncertainty is bad for business.”In his speech later today, Longworth will say BCC members support reform of Britain’s relationship with the EU, but will warn that the next government needs to protect the UK against “the prospect of being in a club where all decisions are being made by, and for the Eurozone.”“Without true reform, business support for the European project is far from guaranteed. A new settlement for Britain in Europe is essential to achieving our economic ambitions – helping our businesses succeed here at home, and across the world,” Longworth will say.Due to address business leaders throughout the day are Prime Minister David Cameron, deputy prime minister Nick Clegg, business secretary Vince Cable, chancellor George Osborne, shadow chancellor Ed Balls and shadow business secretary Chuka Umunna. More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKansas coach fired for using N-word toward Black playerthegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tuesday 10 February 2015 4:56 am Lynsey Barber Tags: Brexit General Election 2015 whatsapp Show Comments ▼ whatsapp General Election 2015: British Chambers of Commerce calls for quick EU referendum last_img read more

Google is poised to unveil a new look California HQ – and it has Heatherwick Studios and Bjarke Ingels on the case

first_img Google is poised to unveil a new look California HQ – and it has Heatherwick Studios and Bjarke Ingels on the case Catherine Neilan Tags: Google Wednesday 25 February 2015 11:23 am Show Comments ▼ whatsappcenter_img whatsapp Google is expected to reveal its plans for new headquarters in California this week, and the company behind the iconic cauldron at the opening ceremony of the 2012 Olympic Games is behind it. London-based Heatherwick Studio and award-winning Danish architect Bjarke Ingels are thought to have put together “a series of canopylike buildings” for the tech giant’s new premises.  According to the New York Times, Google has discussed the project with members of the local council, but the paper claims the plans could “aggravate an increasingly testy relationship between the company and community leaders who fear the company is overrunning their small city”. There is little information available about exactly what the designs will look like, though Ken S Rosenberg, one of the members of the city council, said the criteria include that it is “architecturally interesting”. He wants to make Mountain View “a world-class city”.  That shouldn’t be too much of a challenge for the design team. Current projects for Heatherwick Studio include the Garden Bridge, the Teeside Power Station (which looks a bit like a Bond villain’s lair) and last autumn its Bombay Sapphire Distillery was opened to the public. Garden Bridge (Source: Heatherwick Studio)  Bombay Sapphire Distillery (Source: Heatherwick Studio) Teeside Power Station (Source: Heatherwick Studio) It seems much of the new design will revolve around the problem of the ever-expanding tech firm coping with the challenges of small town life.  Traffic is apparently a huge issue for the residents of Mountain View, so the proposals, which should be submitted on Friday, are expected to include bike and pedestrian paths for some of its 20,000 employees, to cover the 7.3 million square feet of office space. Google’s headquarters proposal is not thought to include any plans for housing, but it is keen to get approval for new homes to be built. However there are concerns about the impact this would have on local wildlife (specifically burrowing owls) and that it could create “a Google voting bloc”.  Sharelast_img read more

London’s safe haven status at risk as election uncertainty and mansion tax threat deter super-rich

first_img whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof London’s safe haven status at risk as election uncertainty and mansion tax threat deter super-rich by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesHigh TallyThe US Built A New Submarine The World Is Afraid OfHigh TallyComedyAbandoned Submarines Floating Around the WorldComedyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Show Comments ▼center_img Political uncertainty and the threat of a potential mansion tax on £2m-plus homes is threatening London’s status as the top destination for the world’s super-rich, property consultancy Knight Frank warned.The firm’s annual Wealth Report released today shows London was home to 4,364 ultra high net worth individuals (UHNWIs) – those with $30m (£19.65m) in assets or more – last year, more than double its closest European rival Frankfurt and higher than any other city in the world.  The capital is expected to hold on to its top spot over the next 10 years, with Knight Frank forecasting an extra 907 wealthy individuals in the capital by 2025.  However, Singapore’s rapid growth means it will have almost closed the gap by 2025 with a 54 per cent rise in super-rich residents. Meanwhile, the relative stability of other cities such as New York is likely to further chal­lenge London’s dominance as a haven for the wealthy. “The recent and prospective  changes to mansion tax and capital gains are one of the reasons London could cede that top position. One of London’s strongest attractions is its stability. However, we haven’t reached a point yet where investors know where they are going to be yet in terms of financial stability,” he said.  Wednesday 4 March 2015 8:43 pm Share Express KCS Tags: NULLlast_img read more

Sofa store DFS not lazing about on solid London market debut

first_imgWednesday 11 March 2015 10:01 pm Share whatsapp whatsapp SHARES in sofa chain DFS rose on their debut on the London stock exchange yesterday, the second new listing this week to gain on its first day of trading. DFS, which set its listing price at 255p, saw shares rise by as much as 3.4 per cent to a day high of 263.91p before settling down to close at 258p. Although not as dramatic as the price climb of challenger bank Aldermore, which rose 12 per cent on its debut on Tuesday, the positive debut for DFS stock is in contrast to the poorer first-day record of other floats this year.Tools group HSS Hire fell from its float price of 210p down to 200p, while John Laing also inched down from an issue price of 195p to 192.25p. Banks had originally set a price range of 245p to 310p on the DFS float, but priced it at the lower end of the range last week. Sofa store DFS not lazing about on solid London market debut Tags: NULLcenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comFinancial 10See The Wife Of The World’s Richest BillionairesFinancial 10NoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Show Comments ▼ Express KCS last_img read more

Burberry and asset managers lift FTSE to 7,000 – London Report

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comComedyAbandoned Submarines Floating Around the WorldComedyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlushMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express Express KCS Share Show Comments ▼ Thursday 9 April 2015 9:21 pm whatsappcenter_img BRITAIN’S FTSE 100 rose yesterday, as a recovery in emerging market-exposed stocks and gains in Burberry, driven by bid speculation, kept the index near all-time highs.The blue-chip index .FTSE closed up 1.1 per cent at 7,015.36 points. It hit a record high of 7,065.08 in March.With just weeks to go before the 7 May General Election that looks too close to call, UK stock markets have so far shown few signs of political jitters.A pick-up in mergers and acquisitions activity including Royal Dutch Shell’s proposed takeover of BG Group has leant support. BG Group shares rose 0.61 per cent, while Royal Duth Shell’s A and B shares were up 1.08 per cent and 0.62 per cent respectively.Burberry shares were up 2.8 per cent, with traders citing market speculation of bid interest from US private equity. Burberry declined to comment.“I have been buying up Burberry shares, but I don’t think I’ll go back in for more ahead of Burberry’s [results] numbers later this month,” Secure­quity sales trader Jawaid Afsar said.Improving sentiment towards emerging markets helped asset managers including Ashmore and Aber­deen Asset Management, both up around four per cent, and HSBC, which was up 2.9 per cent.The FTSE 100 was little changed after the Bank of England kept interest rates at record lows as policymakers wait to see whether a tumble in inflation is short-lived or turns into a bigger threat for the UK economy.Temporary power provider Aggreko lost ground as violence escalates in Yemen, where the company has exposure. It fell 3.26 per cent to 1,543p.Investors in other markets have shifted bets ahead of the election, for which opinion polls put the Conserv­atives neck-and-neck with the opposition Labour party.Bets on how volatile the British pound will be over the next month rose sharply yesterday, driving the cost of taking out insurance against sharp swings in the currency to multi-year highs.Some traders said the backdrop of takeover activity would cushion the FTSE from any major hits caused by the General Election.“The M&A activity should keep the FTSE steady. The momentum is still to the upside,” Thames Capital Markets strategist Nav Banwait said. Burberry and asset managers lift FTSE to 7,000 – London Report More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com Tags: Company FTSE 100 whatsapplast_img read more