Safe haven dollar firms on global slowdown fears, trade tensions

The dollar index, which tracks the greenback against a basket of its peers, was steady at 96.82. The dollar traded firm against major peers on Wednesday, extending overnight gains as investors shunned riskier assets in favour of safe haven currencies on escalating worries about slowing global growth and the U.S.-Sino trade war. With sentiment souring and a global equities rout […]

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Linde Group Awarded Contract From Inner Mongolia For LNG Plant In China

The Linde Group (LDE.L,LNAGF.PK) announced it has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia. This will be Linde’s largest LNG plant to date in China. The Group said the LNG plant will have a nameplate capacity of 750,000 tons […]

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Shire Plc Reports Promising Data From HELP Extension Study With Lanadelumab

Shire plc (SHP.L,SHPG) reported that the additional data from the Phase 3 HELP Study, evaluating the efficacy and safety of subcutaneously administered lanadelumab in Hereditary Angioedema, showed that patients treated with lanadelumab 300 mg every two weeks experienced significantly fewer Hereditary Angioedema attacks, were less likely to have moderate or severe attacks or use rescue medication (primary and secondary endpoints), […]

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L Brands, Inc. (LB) Q3 2018 Earnings Conference Call Transcript

L Brands, Inc. (NYSE: LB)Q3 2018 Earnings Conference CallNov. 20, 2018, 9:00 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. My name is Heidi, and I will be your conference operator today. At this time, I would like to welcome everyone to the L Brands Third Quarter 2018 Earnings Conference […]

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Sensex falls over 200 points on weak global cues

However, crude oil prices dipping to one-year low in global market on supply concerns, capped the fall in the indices The BSE benchmark Sensex fell over 200 points in early trade on Wednesday following weak global cues amid fresh foreign fund outflows. The 30-share was trading 215.44 points, or 0.61 per cent, lower at 35,259.07 points. The gauge had lost […]

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Gan on a roll as it sets trading record

Dermot Smurfit Jr’s Gan has said it was “trading at record levels” in the third quarter of 2018. Releasing its key performance indicators for the second and third quarters of 2018 yesterday, the gaming software company said that it is experiencing “continued strong momentum”. Gan reported an 11pc quarter-on-quarter increase in gross operator revenue, which is client revenue enabled by […]

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Carlos Ghosn will remain Renault CEO despite being detained

Renault’s board said Tuesday that Carlos Ghosn will remain as the French automaker’s chairman and chief executive while he is detained in Japan on claims he misused Nissan assets. After a meeting, the board said it appointed the company’s No. 2 executive, Thierry Bolloré, to serve as deputy CEO on a temporary basis and Philippe Lagayette, Renault’s lead independent director, […]

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Nikkei touches 3-week low after Wall St tumble, then pares losses

* Trading houses, steelmakers, mining shares underperform * Nissan rises as cheap valuations attract retail investors * Shares of Takashimaya plunge on convertible bond plan By Ayai Tomisawa TOKYO, Nov 21 (Reuters) – Japan’s Nikkei touched a more than a three-week low on Wednesday morning after Wall Street’s tumble hit sentiment, while falling oil prices dragged down resource and trading-house […]

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