Markets
Investigation looms for Sky-21st Century Fox deal
The British government on Thursday referred a planned takeover of pan-European satellite TV giant Sky by Rupert Murdoch's 21st Century Fox entertainment group to United Kingdom regulators for an in-depth probe. Bradley will then come to a final decision on whether the merger will proceed, including any conditions that should apply in order for it to do so. [Full Article...]
HSS Hire Group PLC's "Under Review" Stock Recommendation Reaffirmed at Numis Securities
It now has negative earnings. Tiaa Cref Inv Management Ltd Llc reported 663,317 shares. Mark Sheptoff Fincl Planning Ltd stated it has 400 shares. Kings Point Management holds 0.26% of its portfolio in Ecolab Inc. It focuses on providing traditional family housing outside of London and apartments within the London boroughs, in zone 2 and beyond. Keeping an eye on Moving Averages, the 50-day is 7.0... [Full Article...]
New £10 note features Jane Austen who regularly visited Godmersham outside Ashford
Apart from being able to survive the washing machine and being hard to tear, it is the first British banknote with tactile information which helps blind and partially blind people identify its value. Anybody left with an old £10 note when the deadline arrives will need to spend it or exchange it at a bank or post office. "However, in the vast majority of cases, a feverish checking of the relevan... [Full Article...]
Tesla to unveil big-rig e-truck in October
A semi-truck consists of a tractor unit bound to one of more semi-trailers and is usually used to carry freight. Tesla has been making strides in self-driving technology and implementing it in an electric truck could potentially move it forward in a highly competitive area of commercial transport, also being pursued by Uber and Waymo. [Full Article...]
Oil prices climb after IEA report
Analysts attributed the fall to a weak trend in overseas markets and profit-booking by speculators after recent gains. The worldwide benchmark for the famous Brent crude LC0c1 was dwindling down by a good 35 cents down and settling to $53.49 per barrel on earlier market trading as opposed to its previous close price. [Full Article...]
Housing market picture across United Kingdom increasingly mixed, according to surveyors
Overall, the report authors described the market as "buoyant", with Northern Ireland recording the strongest growth across the United Kingdom for house prices. Although this has now turned less negative three months in a row, following such a sustained period of deteriorating sales instructions average stock levels on agents' books are still near an all-time low. [Full Article...]
Sterling soars to one-year high ahead of United Kingdom wages data
Particularly, clothing and footwear prices rose by 2.4% m/m and 4.6% y/y. The ONS said that the increase may be in part down to a delayed response to the fall in the pound during a year ago, with supply contracts with overseas producers now possibly renewed on different terms. [Full Article...]
Elon Musk says 'unreal' Tesla semi truck set for October unveiling
Not much else was announced about this until the company's second-quarter earnings call in August, wherein the chairman and CEO assured investors that the Tesla truck initiative will debut sometime this month. The concept of an electric semi-truck is likely to witness high demand as companies try to meet increasingly strict emissions regulations. Reuters reported that the truck could have a ... [Full Article...]