Market Report
Michael Gerrard takes the reins at International PPL
Listed infrastructure company International Public Partnerships has appointed Michael Gerrard as its new chairman, it announced on Wednesday, with effect from 1 January.
Caixin China manufacturing sector PMI drops below 50.0 point mark in December
Factory sector conditions in China weakened further at the end of 2018 with companies continuing to pare their headcount and to trim prices amid soft demand conditions, the results of one of the most widely-followed surveys revealed.
Europe open: Shares lower on China data, global woes
European shares kicked off 2019 in the red as weak manufacturing data from China dampened investor sentiment on top of worries over global growth, trade wars and turmoil in Washington.
London open: Miners pace decline as 2019 kicks off in the red
London stocks kicked off the new year with sharp losses on Wednesday as miners slumped following the release of disappointing Chinese manufacturing data.
Centamin postpones replacement of chairman El-Raghy
Centamin executive chairman Josef El-Raghy will remain in the role as a non-executive director until 2020 after the Egyptian gold miner said it had not yet identified a suitable replacement.
Energean signs Israeli gas deal, Playtech fixes Israeli tax deal
London open The FTSE 100 is expected to fall 30 points on Wednesday, having ended last year at 6,728. 13.
London pre-open: Stocks to drop on weak Chinese manufacturing data
London stocks were set to kick the new year off on the back foot on Wednesday, taking their cue from losses in Asia following the release of disappointing Chinese manufacturing data.
Wednesday newspaper round-up: Rail fares, retailers, Rio Tinto, City fines
Rail passengers who spent 2018 wrestling with strike action, widespread cancellations and the worst punctuality in a decade will stage protests at railway stations around the country on Wednesday as fares rise by 3. 1%. As commuters begin returning to work after the Christmas holiday, they face above-inflation ticket price increases described by Labour as an “affront” following well-documented disruption last year. – Guardian.