BREAKING NEWS

Stock market activity

Business

Snapchat reportedly secretly files for share offering

Snapchat seems to move closer to becoming a public company by reportedly filed for an initial public offering of shares to test investor interest.

Snapchat seems to move closer to becoming a public company by reportedly filed for an initial public offering of shares to test investor interest.

Business

Shares rise as Clinton looks more likely to win US election

News that Hillary Clinton won't face criminal charges over her email server scandal helped push up share prices and the value of the dollar on Monday.

News that Hillary Clinton won't face criminal charges over her email server scandal helped push up share prices and the value of the dollar on Monday.

Business

Global stock markets fall on Trump presidency concerns

Opinion polls showing Donald Trump's numbers improving have hit share prices around the world as well as the value of the dollar.

Opinion polls showing Donald Trump's numbers improving have hit share prices around the world as well as the value of the dollar.

Business

Monte dei Paschi banks on restructuring plan

Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.

Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.

Business

Snapchat moves closer to shares sale

Snapchat has moved closer to an initial public offering of shares having reportedly chosen Morgan Stanley and Goldman Sachs to run the sale.

Snapchat has moved closer to an initial public offering of shares having reportedly chosen Morgan Stanley and Goldman Sachs to run the sale.

Business

Pound hammered by flash crash

The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.

The pound suffered a massive temporary loss in value overnight, diving 10 percent against the dollar in just minutes - a so-called flash crash.

Business

Bank of Japan changes stimulus policy, denies it's running out of options

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.

Business

It's a Poke-nomenon

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

In this edition of Business Line we will tell you all you need to know about the phenomenon that is Pokemon GO.

Business

No Pokemon profit boost for Nintendo - yet

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Despite the popularity of Pokemon GO Nintendo has announced an operating loss for the period from April to June.

Business

Unilever and Roche results better than expected

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

Consumer goods giant Unilever has reported better then expected Q2 sales. Swiss drugmaker Roche also beat market expectations.

News

British, US and European bond yields tumble on the prospect of lower interest rates

British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.

British, US and European bond yields have fallen, in some cases to record lows, on the prospect of lower interest rates and other stimulus to counter the effects of the Brexit.

Business

London Stock Exchange - Deutsche Boerse merger under threat from Brexit

Britain's vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany's Deutsche Boerse though the LSE says it remains on track.

Britain's vote to leave the European Union is threatening the planned merger between the London Stock Exchange and Germany's Deutsche Boerse though the LSE says it remains on track.

Business

Fed due to call on interest rate hike

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

The Federal Reserve is deep in a policy meeting and it is extremely unlikely that an interest rate rise is on the cards.

Business

Markets fear major turbulence if UK votes 'Leave'

The world's major financial institutions, including Citi and Goldman Sachs, are to call in senior traders to work through the night following the Brexit vote.

The world's major financial institutions, including Citi and Goldman Sachs, are to call in senior traders to work through the night following the Brexit vote.

Business

Bayer 'confident' Monsanto offer will be accepted

Germany's Bayer has offered to buy US seeds company Monsanto for $62 billion (55 billion euros) in cash trying to gain the top spot in the fast-consolidating farm supplies industry.

Germany's Bayer has offered to buy US seeds company Monsanto for $62 billion (55 billion euros) in cash trying to gain the top spot in the fast-consolidating farm supplies industry.

Business

UK April inflation slips

Inflation in British slipped in April for the first time since September last year. Consumer prices rose 0.3 percent from April 2015 as the cost of airfares and clothes fell.

Inflation in British slipped in April for the first time since September last year. Consumer prices rose 0.3 percent from April 2015 as the cost of airfares and clothes fell.

Business

Twitter 140 character tweet limit to end - report

Twitter won't comment on a Bloomberg report users will soon be able to write longer tweets as it plans to stop including photos and links as part of its 140 character limit.

Twitter won't comment on a Bloomberg report users will soon be able to write longer tweets as it plans to stop including photos and links as part of its 140 character limit.