UK Pub Stocks Fall as Heat Wave Proves Too Hot For Football Fans
UK pub stocks slumped this week as a sales boost from the World Cup failed to offset the drag from a brutal heat wave and higher costs.
UK pub stocks slumped this week as a sales boost from the World Cup failed to offset the drag from a brutal heat wave and higher costs.
Dangote Cement Plc prefers to list its cement business in London because it will be quicker to sell shares on the exchange in the UK than in Dubai, according to Mariya Dangote, a board member in the cement business.
Global bonds are being pummeled by the latest resurgence in energy prices, delivering losses to investors who bet the worst of this year’s rout was over and teeing up credibility tests for central bankers.
South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale and rising Middle East tensions.
Base metals fluctuated at the end of the week as the threat of an escalating conflict in the Middle East — and more turbulence for the global economy — kept a lid on optimism.
Student protests in India’s capital, a political headache for Prime Minister Narendra Modi, aren’t reflecting in the country’s financial markets.
Wheat resumed its rally after a brief bout of profit-taking, as escalating geopolitical tensions and worsening weather in key producing regions continued to stoke supply concerns.