Markets

MPs vote against the Prime Minister's divorce deal

MPs vote against the Prime Minister's divorce deal In the fresh voting, lawmakers voted by 286 to 344 against May's 585-page EU Withdrawal Agreement, making it clear that the premiership of Theresa May was in serious danger. After all, Article 50 creates a formal procedure for the negotiation of a binding withdrawal agreement that takes into account a framework of a future relationship. [Full Article...]

China, US trade negotiators resume talks in Beijing

China, US trade negotiators resume talks in Beijing Government representatives from the US and China on Friday concluded a fresh round of constructive trade negotiations here ahead of another round of talks in Washington that could pave the way for a meeting between US President Donald Trump and his Chinese counterpart Xi Jinping to sign off on a deal later in the month. [Full Article...]

Goldman Sachs fined $45 mln by UK watchdog for reporting failures

Goldman Sachs fined $45 mln by UK watchdog for reporting failures The firm under-reported approximately 8.8 million transactions in relation to this issue and the fine relates overall to the failure to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017. [Full Article...]

Swedbank CEO exit still leaves iceberg of problems

Swedbank CEO exit still leaves iceberg of problems USA regulators are also looking at the bank. Swedbank may also have misled the U.S. authorities. When Trijo News reaches Swedbank's press department, they do not want to comment on their tweet about cryptocurrencies and money laundering. [Full Article...]

Heathrow reveals shortlisted logistics sites

Heathrow reveals shortlisted logistics sites Coalescing around key partners, our solution offers a long-term strategic vision that could position Heathrow at the cutting edge of innovation and project delivery in modern methods of construction. We are working with other major infrastructure projects to see if they might also benefit from these hubs, creating a bright, new future for the UK's construction sector. [Full Article...]

Investors hitch a ride on Lyft's IPO at $72 a share

Investors hitch a ride on Lyft's IPO at $72 a share The IPO is seen as a litmus test for a number of technology flotations that are expected this year, including Lyft's bigger rival Uber which could be valued at as much as $120bn when it lists its shares. The institutional investors that bought into the IPO clearly think so, enabling Lyft to demand a price that was above its initial goal of $62 to $68 per share. [Full Article...]

Eurostar trains suspended due to trespasser draped in St George's flag

Eurostar trains suspended due to trespasser draped in St George's flag A Southeastern spokesman said: "There are now no high speed services running between St Pancras International and Ashford International or Faversham because of the ongoing trespass incident". A spokesman for National Rail said: "The trespasser just outside London St Pancras International is still on the railway viaduct that crosses the high speed lines just outside the station". [Full Article...]

US economic growth revised down to 2.2 per cent rate in Q4

US economic growth revised down to 2.2 per cent rate in Q4 United States economic growth was revised sharply lower for the final three months of 2018, down to 2. 2 percent rather than the 2.6 percent originally reported, the Commerce Department reported Thursday. US financial markets were little moved as investors weighed the weaker growth figures against some positive signs on U.S. Consumer spending, which accounts for more than two-thirds of USA econom... [Full Article...]


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