THE WEEK AHEAD
COMPANY NEWS
● Ricardo announces today. In 1915, entrepreneur Sir Harry Ricardo formed Engine Patents, which is today Ricardo. The global multi-industry engineering company is headquartered in Shoreham-by-Sea.
● Tomorrow, Albemarle & Bond and Close Brothers announce. The former is the largest pawnbroker group in the UK, while the latter is a British bank.
● Moss Bros also announces tomorrow. It started life as a couple of second-hand clothes shops in Covent Garden in 1851. It is now a constituent of the FTSE fledgling index.
● On Wednesday, Amerisur Resources, Ncondezi Coal and Smiths announce. The latter is a global engineering company headquartered in London, which has operations in over 50 countries and employs over 20,000 staff.
● On Thursday, Patagonia Gold announces. It is an Aim-listed exploration group operating in Argentina.
● On Friday, Archipelago Resources and Kalahari Minerals announce. The former operates in gold in south east Asia, the latter in uranium, gold, copper and other base metals in Namibia.
ECONOMICS
● Today, German figures for September on the business climate will be released. On the same day, US new home sales for August will be announced.
● On Thursday, the bureau of economic analysis releases US second quarter GDP statistics. Last quarter it came in at 0.4 per cent annualised. The GDP price index will also be released, which last quarter was 3.9 per cent.
● On Friday, the UK releases second quarter GDP statistics. In the first quarter it came in 0.5 per cent for the quarter, 1.6 per cent for the year.
POLITICAL NEWS
● Tomorrow and Wednesday, the Basel committee will meet to finalise a plan to force the world’s biggest banks to hold up to 2.5 per cent capital in addition to the Basel III minimum.
● The Finish parliament on Wednesday will vote on whether to pass the new EFSF measures without getting a chunk of the Acropolis as collateral.
● On Friday, the Royal College of Nursing plans to decide whether it will hold a ballot to strike. The 400,000 nurses could be joining the National Association of Head Teachers on strike.