Business

Oil prices tumble amid trade worries

Oil prices tumble amid trade worries

But by the end of the session, Brent crude futures lost just 10 cents to settle at $68.02 a barrel, a 0.15 percent loss. The price of West Texas Intermediate crude was down 2% at $62.32 per barrel, with Brent crude down 1.6% at $67.04. Also potentially weighing on markets are the rising trade tensions between the US and China.China slapped tariffs of up to 25 percent on 128 USA products including frozen pork, as well as wine and certain fruits and nuts, in response to US duties on imports of ...


C&C Group Finalises Takeover Of Conviviality Businesses

C&C Group Finalises Takeover Of Conviviality Businesses

The move followed the discovery of a £30m tax bill and a series of profit warnings. Conviviality's retail business, which comprises the Wine Rack and Bargain Booze chains, was not included in C&C's proposal. They are great businesses with unparalleled on-trade market access, a wide range of supplier relationships and supported by a knowledgeable and loyal employee base.


Sri Lanka debates no-faith motion against prime minister

Sri Lanka debates no-faith motion against prime minister

The motion brought by a group led by former strongman Mahinda Rajapaksa was taken up for debate on Wednesday and a vote will be taken later in the day. The no-confidence motion comes a month after a spate of anti-Muslim attacks unsettled Sri Lanka. The prime minister was cleared of any wrongdoing but was accused of trying to protect a former central bank governor, who is a suspect in the insider-trading scam.


United States stocks wobble as trade worries keep investors cautious

United States stocks wobble as trade worries keep investors cautious

The Nikkei Stock Average, helped by a weaker yen, and New Zealand's NZX-50 were among markets eking out gains of around 0.1%, while benchmark stock indexes in Australia, South Korea, Singapore and Malaysia were down about 0.2%. Seoul's Kospi retreated 0.6 per cent to 2,429.18. Hong Kong's Hang Seng bucked the trend, ending up 0.2 percent at 30,137.49. The euro rose to $1.2325 from $1.2302.


Monex Trading Platform Offers To Buy Coincheck

Monex Trading Platform Offers To Buy Coincheck

The company's shares are up by 23% today, at 424 yen on the Tokyo Stock Exchange. It has reportedly been seeking investment partners to shore up its balance sheet ever since. The Nikkei said the deal with Monex still needed the approval from the FSA and from shareholders. Moreover, the financial services firm could benefit from the huge clientele base of the Tokyo-based exchange.