Latest Financial Wire News Headlines
London Mayor Sadiq Khan joined Britain's business leaders in warning that companies would start moving jobs and investment out of the country if they do not get a Brexit transition deal soon. Full story
Czechs voters gave a big election win to billionaire businessman Andrej Babis, whose anti-establishment rhetoric has convinced many he can fix the EU country's problems, from graft to transportation. Full story
Britain's democracy is one of the most secure in the world and will remain so, a spokesman for Prime Minister Theresa May said on Monday in response to a question about a suggestion that there may have been foreign interference in the Brexit vote. Full story
Declines among British banks and Mediclinic shares kept gains in check on the UK's main share index on Monday, though engineering group GKN was a bright spot. Full story
Bank of England Deputy Governor Jon Cunliffe again raised doubts about whether he will back an interest rate rise next week, describing it as an "open question" in an interview published by a Welsh newspaper on Monday. Full story
Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday. Full story
British Prime Minister Theresa May said on Monday she expected a vote in parliament on the final Brexit deal to take place before the European parliament gets to vote on the agreement. Full story
European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion. Full story
Recruiting and keeping staff is having a bigger negative impact on smaller businesses in Britain than the post-Brexit vote fall in the pound or a weakening economy, a survey has found. Full story
Political leaders in northern Italy claimed an overwhelming mandate on Monday to seek greater autonomy from Rome after referendums that did not go as far as the independence vote in Catalonia declared illegal by Spain. Full story
Gold hit a more than two-week low on Monday as expectations that Japan's ultra-loose monetary policy would stay in place after Prime Minister Shinzo Abe's election victory at the weekend lifted the dollar to a three-month high versus the yen. Abe's win also fed into positive sentiment in equity Full story
GAMBIAN FOREIGN MINISTER   [15:55 SAST]
Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair, while pushing on with plans to get a green light from regulators. Full story
AT&T Inc said on Monday it had extended by a "short period" the deadline to close its proposed deal to acquire Time Warner Inc, to buy time to get the required regulatory approvals for the deal. Full story
China's top steelmaking city, Tangshan, will step up curbs on industrial output as it makes greater efforts to cut hazardous smog, the China Securities Journal reported on Monday. Full story
Saudi Aramco's initial public offering will take place in 2018 as planned and the listing venue will be revealed in due course, the company's chief executive said in a CNBC interview broadcast on Monday. Full story
British Foreign Secretary Boris Johnson on Monday urged "friends and partners" in Brussels to advance Brexit talks to focus on their future trade relationship, adding that both sides now needed to think creatively to find a solution. Full story
SHIPPING SOURCE   [11:26 SAST]
The European Union's statistics office Eurostat released on Monday the second notification of data on the aggregated euro zone budget deficit and debt for 2016: 2013 2014 2015 2016 Euro area (EA19) Full story
Catalonia said on Monday it was confident all officials including police would defy attempts by Madrid to enforce direct rule on the region in a dispute that is raising fears of unrest among Spain's European allies. Full story
Oil prices were little changed on Monday as supply disruptions in Iraq dented exports out of OPEC's second largest producer and amid signs of a decline in U.S. drilling rates. Full story
Zinc prices rose on Monday after data showed output in China slipped in September, highlighting worries that winter production cuts are tightening supplies of metals. Full story
A French judicial inquiry into Fiat Chrysler (FCA) over suspected emissions-test cheating centres on whether the carmaker misled buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, according to a letter seen by Reuters. Full story
U.S. stocks opened at record highs on Monday after Japanese Prime Minister Shinzo Abe's emphatic win in weekend polls, while U.S. Treasury 30-year bond yields hit session lows. Full story
British Prime Minister Theresa May said on Monday she was "ambitious and positive" about the country's future and its negotiations to leave the European Union, describing the talks as being conducted in a "constructive spirit". Full story
The dollar touched a three-month high against the yen on Monday, as investors bet the overwhelming election victory for Japan's ruling party would mean a continuation of "Abenomics," the ultra-loose policies that have kept downward pressure on the yen. The greenback was trading around its highe Full story
Slovakia's prime minister, president and parliament speaker pledged on Monday to keep to a pro-European path, a day after its Czech neighbours became the latest central European ex-Communists to elect a populist taking a hard line on the EU. Full story
The 28 European Union states failed to agree in a first round of talks on Monday on reforming the bloc's labour rules that poorer countries value but French President Emmanuel Macron dismisses as undercutting his workers. Full story
Apple Inc sees its mobile devices as a major platform for artificial intelligence in the future, Chief Operating Officer Jeff Williams said on Monday. Full story
Global crude steel output hit its lowest since February last month, with mills in top producer China cutting production as Beijing intensified its campaign for clearer skies, data from the World Steel Association (worldsteel) showed on Monday. Full story
The Russian central bank is expected to lower its key interest rate to 8.25 percent on Friday, in what would be the fifth rate cut so far this year, a Reuters poll showed on Monday. Full story
Sri Lankan shares ended little changed on Monday, hovering near a two-week low hit last week, as investors waited for direction from upcoming corporate results and the national budget next month, brokers said. Full story
A husband and wife debt management duo paid for luxury hotels and cars by deceiving more than 4,000 customers who lost in excess of 6 million pounds ($8 million), Britain's Financial Conduct Authority (FCA) said on Monday. Full story
British Prime Minister Theresa May's meeting with European Union officials last week was "constructive and friendly", her spokesman said on Monday when asked about an unflattering newspaper account of the meeting in a German newspaper. Full story
Britain's financial watchdog has fined Bank of America's Merrill Lynch investment banking arm 34.5 million pounds ($45.5 million) for its third transaction reporting failure in just over a decade. Full story
A military option must remain on the table in dealing with North Korea's nuclear programme, British Foreign Minister Boris Johnson said on Monday, adding that nobody wants tensions in the Korean peninsula to be resolved in such a way. Full story
Catalonia's parliament will hold a plenary session on Thursday morning, spokesman for the regional Junts pel Si party said on Monday, in which it will lay out its response to Madrid after the central government said it would impose direct rule. Full story
Solar power costs will fall by another 60 percent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency (Irena) said on Monday. Full story
Prime Minister Shinzo Abe, buoyed by a huge election win for lawmakers who favour revising Japan's post-war, pacifist constitution, signalled a push towards his long-held goal on Monday but will need to convince a divided public to succeed. Full story
The European Commission said a newspaper report that Jean-Claude Juncker had disparaged Theresa May's "despondent" demeanour after a dinner last week was a deliberate smear intended to disrupt Brexit negotiations. Full story
A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011. Full story
European shares edged higher on Monday, though banks weighed and Madrid's bourse lagged peers as Catalonia's political crisis deepened. Full story
Last year's failed $10 billion bid for KLA-Tencor Corp likely marks the end of efforts at any major acquisitions by Lam Research Corp and other booming producers of equipment for chipmakers, Lam's chief financial officer has told Reuters. Full story
Euro zone borrowing costs fell on Monday as a big win for Japanese Prime Minister Shinzo Abe's ruling bloc in a national election gave the green light for a continuation of hyper-easy monetary policy in the world's third largest economy. Full story
Argentine currency, bonds and stocks rose early on Monday following a sweep by President Mauricio Macri's coalition in midterm elections, as investors bet the result would help him get his business-friendly reform agenda through Congress. Full story
Togo's leader Faure Gnassingbe should resign immediately and the African Union and West African regional bloc ECOWAS should persuade him to step down if he does not, Gambia's Foreign Minister Ousainou Darboe said. Full story
Russia's En+ Group, which manages tycoon Oleg Deripaska's aluminium and hydropower businesses, plans to issue new shares to Glencore after it completes its planned initial public offering, the IPO prospectus shows. Full story
Togo's President Faure Gnassingbe should resign immediately and the African Union and West African regional bloc ECOWAS should persuade him to step down, Gambia's Foreign Minister Ousainou Darboe told Reuters. Full story
GAMBIAN FOREIGN MINISTER   [15:55 SAST]
Target Corp said on Monday it would start free shipping beginning in November and that most of its gift assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial shopping season of the year. Full story
London brought in a new levy on the oldest and most polluting cars entering the city centre from Monday, almost doubling how much motorists have to pay in the latest blow to diesel. Full story
Shares in Indian wireless operators rose sharply on Monday after Reliance Industries Ltd's Jio telecom unit increased mobile data tariffs, raising hopes of an easing in the cut-throat competition that has eroded profits in the sector. Full story
Brazil's telecoms regulator Anatel on Monday is set to reject a request by indebted telecoms company Oi SA to swap almost 5 billion reais ($1.57 billion) in regulatory fines for new investments, newspaper O Estado de S. Paulo said on Monday. Full story
Growth in British factory orders slowed to its weakest in almost a year this month, a monthly survey from the Confederation of British Industry showed on Monday, though firms were working at their closest to full capacity in 20 years. The CBI's factory order book balance unexpectedly fell this m Full story
Twelve major cities including London, Paris, Los Angeles and Cape Town promised on Monday to buy only zero-emissions buses from 2025 and to make major areas free of fossil fuel emissions by 2030 to protect the environment. Full story
Japanese banks lag behind their global counterparts in boosting profitability as they compete for dwinding lending opportunities in a shrinking market, the country's central bank said on Monday. Full story
There is absolutely no doubt that a deal between Western powers and Iran to curb its nuclear programme will survive despite the United States' decision not to recertify the deal, Britain's foreign minister Boris Johnson said on Monday. Full story
Greece's budget surplus last year was lower than initially estimated and its debt higher, revised data by the EU statistics office showed on Monday. Full story
Iran’s elite Islamic Revolutionary Guard Corps, a military force with political clout and an industrial empire, stands to benefit from heightened tension between Washington and Tehran, officials and analysts said. Full story
 
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