- The near-term bias continues to favour sellers at the moment but they are finding it tough to chew through bids and swing region support around 109.50-70 with further near-term support seen closer @ 109.44.
Let's Talk About Diversity & Inclusion
Following the launch of the ‘Diversity & Inclusion Task Group’ in September 2019, join us and our expert line up of speakers and panellists to:
The European Union (EU) Economic Commissioner Paolo Gentiloni said on Thursday, the EU is ready to seal in a trade deal with post-Brexit UK should London ensure a level playing field, as reported by Reuters.
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The UK's markets regulator is pushing forward with a fast-track review of the way mutual funds are governed following the collapse of Neil Woodford’s firm last year, and expects to complete its work “in early 2020”.
The Financial Conduct Authority warned CEOs in the asset management industry they could expect scrutiny on the issue in an open letter published on 22 January.
Tests by a US government agency on common weedkilling products made with the chemical glyphosate have found some formulations sold to the public to be genotoxic, meaning they are damaging to human DNA.
But the government scientists at the National Toxicology Program (NTP) say the danger probably lies with added ingredients in the products – not glyphosate.
One of the world’s best-known glyphosate-based products is Monsanto’s Roundup weedkiller.
Monsanto’s German owner Bayer AG is currently mired in litigation brought by tens of thousands of cancer patients who claim exposure to Monsanto’s Roundup and other similar glyphosate-based formulated products made by Monsanto caused their cancers.
Three trial juries have agreed with the plaintiffs’ claims that the products cause cancer. Jury selection is under way this week in two new trials, one in California and one in Missouri.
Monsanto, which brought glyphosate-based herbicides...
Larry Fink, CEO of BlackRock
BlackRock CEO Larry Fink is getting serious about climate change.
“Last September, when millions of people took to the streets to demand action on climate change, many of them emphasized the significant and lasting impact that it will have on economic growth and prosperity – a risk that markets to date have been slower to reflect,” he declared in a letter to CEOs on January 14.
“But awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance.”
That reshaping will result in a profound reassessment of risk and asset values, Fink said.
“Because capital markets pull future risk forward, we will see changes in capital allocation more quickly than we see changes to the climate itself. In the near future – and sooner than most anticipate – there will be a significant reallocation of capital.
“Every government, company, and shareholder must confront climate...
LONDON (Reuters) - ASOS (ASOS.L) beat analysts’ expectations for sales growth over Christmas, indicating that management at the British online fashion retailer has addressed operational issues that plagued it in 2019, sending its shares sharply higher.
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