Commodities
JPM upgrades Shell to 'overweight' on positive outlook
JP Morgan upgraded Royal Dutch Shell shares to 'overweight; and increased its price target on the oil company as it took a positive view of the UK oil sector.
US private sector adds fewer jobs than expected in November
Private sector employment in the US rose less than expected in November, according to the latest figures from the ADP.
Wednesday preview: US ADP payrolls report in focus
The market spotlight will shift towards the other side of the Pacific on Wednesday, as consultancy ADP publishes its private sector payrolls survey for November.
Bayer raises $1.6bn in sale of Elanco stake
Bayer AG raised $1. 6bn on Monday after it sold most of its stake in Elanco Animal Health in an attempt to cover legal bills over the weedkiller Roundup.
Shell faces Dutch court pollution case brought forward by environmentalists
Royal Dutch Shell to face a Dutch court on Tuesday on a case brought forward by environmentalists demanding a reduction in oil companies' involvement with fossil fuels.
Iranian parliament approves bill to potentially end nuclear inspections
Iran gave preliminary approval to a draft legislation that could potentially end inspections of nuclear sites by the start of 2021.
China's manufacturing sector hits ten-year high
The Chinese manufacturing sector has hit a 10-year high, a private sector survey showed on Tuesday, as the economy continued to rebound from the Covid-19 pandemic.
EG Group eyes up Caffe Nero - report
The British billionaire brothers behind the £6. 8bn takeover of supermarket chain Asda are poised to swoop on coffee chain Caffe Nero, it was reported on Monday.
London job vacancies suffer hardest fall among EU capital cities
London has suffered the biggest fall in job opportunities among Europe’s biggest cities, according to a report by Indeed that showed the effect of Covid-19 on capitals across the region.
China's economy continues to rebound post Covid
China’s manufacturing sector expanded at the fastest rate in more than three years in November, official data showed on Monday, as the country’s economy continued to rebound from the impact of Covid-19.
Banco Sabadell gives Goldman mandate to sell TSB
Goldman Sachs has been given the mandate to sell Spanish lender Banco Sabadell's UK unit, TSB.
European state aid rules should be eased to help lenders, ECB official says
A top European Central Bank official said state aid rules should be eased and bank deposits protected to help lenders through the Covid-19 pandemic.
Germany to ask EU to close ski resorts
Germany is to push for ski resorts across Europe to stay closed until January, it was reported on Thursday.
German confidence falters on fresh round of lockdown restrictions
German consumer sentiment is forecast to tumble in December after lockdown measures introduced to tackle a resurgence in Covid-19 cases dented confidence.
Shell UK narrows gender pay gap in 2020
Royal Dutch Shell’s female employees in Britain earned 18% less on average than their male colleagues in 2020, a pay gap that has narrowed since 2019.
Brexit deal impossible to call, Brussels warns
The president of the European commission said she could not predict whether the EU would strike a post-Brexit trade deal with the UK with little more than a month until the deadline.
Weekly US jobless claims rise unexpectedly in latest week
First time unemployment claims in the US registered a moderate and unexpected rise last week.
Odey accuses Rio Tinto of destroying value over Mongolian mine
Odey Asset Management has accused Rio Tinto of destroying value through lack of action over problems at Turquoise Hill, through which Rio Tinto owns a giant copper mine in Mongolia.
Airlines could lose $157bn in 2020-21 - IATA
Airlines could lose a total $157bn this year and next, the International Air Transport Association warned on Tuesday.
Barclays upgrades Meggitt, Senior
Barclays upgraded Meggitt and Senior on Tuesday as it took a look at the European aerospace and defence sector.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.