Hints and tips:
...Though Hofsos has just 190 residents, it has one of Iceland’s most beautiful swimming pools....
...Africa is also an important part of Mr Xi’s Belt and Road Initiative, a plan to bolster a network of infrastructure connecting China by land and sea to south-east Asia, Central Asia, the Middle East, Europe...
...Brent crude, the international benchmark, is at $66.53 a barrel after crossing above $67 a day earlier, helped in part by political tensions in Iran, a major oil exporter....
...The Obama administration and Pennsylvania’s elected officials helped arrange the deal with Carlyle, which took a 66 per cent stake in the company alongside Sunoco....
...Brent oil was off 0.1 per cent $66.53 a barrel after touching its highest level since 2015 on Tuesday. Futures tip both the FTSE 100 and S&P 500 to open 0.1 per cent higher....
...West Texas Intermediate, the US marker, was up the same amount at $47.66. It had fallen as much as 2.9 per cent to a 21-day low of $47.43 a barrel on Monday before closing down 2.5 per cent at $47.59....
...Founded in 2000, Mergermarket has expanded to 67 locations across the US, Europe, Asia and the Middle East and boasts 190,000 subscribers....
...Starwood, the US hotel group, owns 66.6 per cent of Baccarat, acquired as part of its 2005 takeover of champagne house Tattinger....
...The 10-year lira bond yield has shed 15 basis points, dropping to 9.66 per cent....
...While benchmark international oil prices have rallied more than 40 per cent from lows touched in January, crude remains 66 per cent below a 2014 peak....
...That on the German 10-year Bund jumped 19bp to 0.66 per cent, while the two-year Schatz rose 14bp to minus 0.30 per cent....
...It is only 4 miles down the A3 from Peckham to Clapham High Street but, for a carpet retailer seeking to move upmarket from its cheap and cheerful east end origins, the two locations are – to quote the Christmas...
...Jersey, £190; shorts, £190; Rocka jacket, £260; base layer, £60, socks, £15....
...1,577 Hang Seng down -267.34 (-0.94%) at 28,133 US markets S&P 500: -1.01% at 2,086 DJIA down -195.01 (-1.08%) at 17,841 Nasdaq down -82.22 (-1.64%) at 4,941 European markets Eurofirst 300 down -6.66...
...(123.94) £/$ 1.53 (1.53) €/£ 0.7145 (0.7147) Commodities ($) Brent Crude (ICE) up +0.59 at 63.17 Light Crude (Nymex) up +0.66 at 58.34 100 Oz Gold (Comex) up +1.50 at 1,190 Copper (Comex) at 2.79 10...
...Stops include Boston, London, the Middle East, San Francisco and Hong Kong before the group returns to New York....
...But for a country that has been at war seven times in the first 66 years of its existence, that still requires a giant leap of faith....
...(FT’s Global Market Overview) Ukraine’s acting president late on Tuesday ordered a fresh crackdown on pro-Russian separatists in the east of the country after two dead bodies were discovered with signs...
...is expected to use a week-long visit to Asia starting on Sunday to press China about last weekend’s announcement of a set of flight restrictions over an area including a disputed chain of islands in the East...
...Last year, he increased it by more than 40 per cent to Rp2.2m ($190), upsetting business owners....
...on.ft.com/17fhzTh Emerging Markets MSCI Emerging Market Index up +0.30% at 956.55 Europe FTSE down +0.86% at 6,362 RTS up +1.52% at 1,314 Warsaw Wig up +0.08% at 48,313 FTSE 300 Eurotop up +1.20% at 1,190...
...(Financial Times) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -187.88 (-1.37%) at 13,570 Topix down -10.66 (-0.93%) at 1,138 Hang Seng down -331.75 (-1.48%) at 22,132 US markets S&P 500 down...
...225 up +100.39 (+0.71%) at 14,281 Topix up +5.20 (+0.44%) at 1,194 Hang Seng up +144.00 (+0.62%) at 23,191 US markets S&P 500 up +8.46 (+0.52%) at 1,626 DJIA up +87.31 (+0.58%) at 15,056 Nasdaq up +3.66...
...Murphy’s move came after ConocoPhillips spun off its Phillips 66 business, while Marathon divided into Marathon Oil and Marathon Petroleum....
...We expect the company to attempt to leverage this newsflow and compete for similar contracts elsewhere in the Middle East.” Essar Energy rose 4.9 per cent to 127p....
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