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Headlines
Wednesday, 17 January
World shares pull back from record highs, set for second fall of 2018
6m ago - LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.
World shares pull back from record highs, set for second fall of 2018
3m ago - LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.
Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off
54m ago - TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.
Oil loses early gains, but still well supported
2h ago - LONDON (Reuters) - Oil prices weakened following early gains on Wednesday, but remained underpinned by tightening supply and strong global demand.
British companies' marketing budgets grow at slowest rate in two years - survey
4h ago - (Reuters) - British companies' marketing budgets grew at their slowest rate in nearly two years in final quarter of 2017, partly reflecting uncertainty created by Brexit, a survey showed on Wednesday.
Melrose makes hostile offer to buy Britain's GKN for $10.2 billion
53m ago - LONDON (Reuters) - Turnaround specialist Melrose (>> Melrose Industries) raised the pressure on GKN (>> GKN) by turning hostile in its pursuit of the British engineering company, making a firm 7.4 billion pound offer for the business after meeting its shareholders.
Collapsed Carillion's dividends totalled $1 billion
3h ago - LONDON (Reuters) - Collapsed British firm Carillion, which has come under political fire for paying dividends while racking up big debts and a pension deficit, has handed more than $1 billion (727 million pounds) to shareholders since it was created 19 years ago, a Reuters analysis shows.
Qualcomm raises profit forecast, may buy back stock if bid for NXP fails
12h ago - (Reuters) - Qualcomm Inc (>> Qualcomm), the U.S. chipmaker fending off a hostile bid by Broadcom Ltd (>> Broadcom Limited), raised its profit forecast on Tuesday and said it might use funds to buy back stock if its $38 billion bid to acquire NXP Semiconductors NV (>> NXP Semiconductors NV) fails.
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