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The pound remains propelled by Brexit this week and is steady against the major currencies. Sterling is currently trading at €1.113 against the euro, according to Bloomberg. Brexit continues to serve as a barometer for the pound’s movements against the euro. Prime Minister Theresa May has warned MPs that a second referendum on Britain leaving […]
(Reuters) — Tesla said it would produce its new Model 3 sedan at a profit after several recent weeks in which output stabilized, buoying hopes that the electric vehicle maker led by Elon Musk will stanch its financial losses in the second half of the year. Chief Executive Musk is under intense pressure to prove […]
A weak dollar continued to drag down stocks in Europe and Asia a few hours ahead of the European Central Bank’s first meeting of the year.
A tense day in which fortunes were evenly balanced saw England close at 196-4 with honours just about even and Dawid Malan (28no) and Moeen Ali (13no) holding firm when bad light stopped the day 15 minutes early. But it could have been much worse had Vince, who hit a gutsy 83 – comfortably eclipsing […]
The pound is buying €1.130 this morning, after hovering around this rate for much of yesterday. Sterling has retained its position after recovering from a weekly low of €1.124 at the start of the week. It was slightly buoyed yesterday after Eurozone construction data took a hit. Output shrunk by 0.7 per cent in May, […]
