Thompson named as Rio Tinto chairman

Rio Tinto has plucked its new chairman from its existing board after one mooted external candidate triggered an investor backlash. The FTSE-100 miner has named non-executive Simon Thompson as the successor to the departing chairman Jan du Plessis, who …

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Equality watchdog gets tough over sex harassment at work

The Equality and Human Rights Commission has written to the chairmen and women of FTSE 100 companies and other leading organisations asking them to supply evidence of the safeguards they have in place to prevent sexual harassment and to ensure that it …

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Drugs giants warn of Brexit ‘disruption’ to their supply chain

FTSE 100 drugmaker AstraZeneca and multinational giants including Johnson & Johnson, Roche and Merck have outlined their concerns in evidence submitted to the business select committee’s investigation into the potential impact of Brexit. The Association of the British Pharmaceutical Industry …

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Week ahead in business and finance

Plumbing and heating products seller Ferguson was hit hard by hurricane season in the US but Donald Trump’s corporate tax cuts will give the FTSE 100 group a lift ahead of its trading update, with Ferguson – formerly Wolseley – doing 90pc of its business in the US. Following Ferguson’s sale of its …

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DS Smith set to wrap up six solid months

FTSE 100 newbie DS Smith reports its half-year figures on Thursday, with analysts keen to know how it is managing a surge in costs. The London-based packaging firm joined the blue chip index last week along with Just Eat and Halma. DS Smith’s share price has risen to its highest level since debuting …

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Forex Engulfing Candle Pattern Indicator

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COLOMBIA: Colcap Trades Near Stability

Colcap, the main index of the Colombian Stock Exchange, traded slightly higher (+0.09%), at 1,446.50 points Friday, supported by an increase in oil prices abroad.

David Santos, an analyst at Compass group, said that the Colcap remains in positive ter…

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PERU: Inflation Slows In November To Lowest Level Since May 2010

The annual consumer price inflation in Peru increased by 1.54% in November from 2.04% in October, decelerating to the lowest level since May 2010. As a result, the Peruvian inflation is currently near the bottom of the current target range of 1% to 3%…

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BRAZIL: Trade Surplus Falls 25.4% In November From A Year Before

Brazil’s trade balance posted a US$ 3.546 billion surplus in November, 31.8% lower than the US$ 5.201 billion in October and 25.4% down from November 2016, according to government data.

Brazilian export revenue totaled US$ 16.688 billion in November,…

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BRAZIL: 3Q17 GDP Growth Disappoints

Despite advancing for the third consecutive quarter, Brazil’s Gross Domestic Product (GDP) grew less than expected between July and September of this year, rising only 0.1% over the second quarter, said the country’s statistics office. Analysts expect…

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BRAZIL: Temer To Meet With Allies To Press For Pension Reform

Brazilian President Michel Temer invited ministers and leaders from allied parties to a meeting on Sunday aimed at gauging how many votes the government would have in its bid to pass a pension reform bill, according to Agencia Brasil, the Brazilian of…

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ARGENTINA: Navy Ends Search For Submarine Survivors

The Argentinean Navy discontinued the search for survivors of the submarine <I>ARA San Juan</I>, which disappeared 15 days ago.

“There was no rescue of people. There is no hope that the 44 crew members are alive,” said the captain Enrique…

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Equiniti Group (EQN) Given “Buy” Rating at Liberum Capital

Equiniti Group PLC logo Liberum Capital reaffirmed their buy rating on shares of Equiniti Group (LON:EQN) in a research note released on Tuesday, November 21st. Liberum Capital currently has a GBX 320 ($4.29) price objective on the stock. EQN has been …

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How Analysts Feel About Tesco PLC (OTCMKTS:TSCDY)?

More notable recent Tesco PLC (OTCMKTS:TSCDY) news were published by: Seekingalpha.com which released: “Tesco PLC: Deep-Rooted Problems” on May 15, 2015, also Marketwatch.com with their article: “FTSE 100 ends higher as Tesco soars on deal and dividend news” published on January …

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Here’s how analysts see Tesco PLC (OTCMKTS:TSCDY) after this past week.

More notable recent Tesco PLC (OTCMKTS:TSCDY) news were published by: Marketwatch.com which released: “FTSE 100 breaks 4-day losing run, but grocers drop after Amazon deal” on June 16, 2017, also Marketwatch.com with their article: “FTSE 100 ends higher as Tesco soars on deal and …

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Equiniti Group (EQN) Research Coverage Started at Berenberg Bank

Equiniti Group PLC logo Berenberg Bank initiated coverage on shares of Equiniti Group (LON:EQN) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a GBX 345 ($4.62) price objective …

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Why I don’t want Bitcoin for Christmas

Don’t get me wrong — if anyone wants to give me anything that’s readily converted into coin of the realm, I’ll gratefully accept it. After all, a ‘thing’ that has increased in value from a little over $700 about a year ago to around $10,000 today is not something to turn your nose up at. But I’d keep Bitcoin only …

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One FTSE 100 4% yielder I’d buy today, and one I’d sell

I have long warned of the perils and pitfalls facing the country’s established supermarkets like J Sainsbury (LSE: SBRY). The advent of the global recession of almost a decade ago was a game-changer for these chains. Pressured by the need to stretch their grocery budgets longer than ever before, …

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