Hong Kong Horse Racing Tips: Cinquante to Cinq rivals at Happy Valley May 14, 2019 WITH the temperature presently in the low thirties and humidity hovering around 95 degrees, you can guarantee the Happy Valley track will ride fast today – favouring horses drawn low. Racing takes place on the ‘A’ course which is probably the fairest of all the seven different tracks at the Valley, although horses need to [...]
Sam Torrance: Tiger Woods can win back-to-back Majors if he repeats chess master act at US PGA Championship May 14, 2019 In the two weeks leading up to the Masters, Seve Ballesteros would prepare for his trip to Augusta by staying at home in Pedrena, Spain, but living according to American time. All players have their preferred way of getting ready for tournaments, which is why I don’t question Tiger Woods’s decision not to play in [...]
Bitcoin hits 10-month high as price surges above $8,000 May 14, 2019 Bitcoin is trading above $8,000 (£6,195) this afternoon after the cryptocurrency’s price surged by more than $1,000 in a day. The cryptocurrency broke the $8,000 barrier this morning, climbing as high as $8,327, according to data from Bitstamp. Read more: Bitcoin soars above $7,000 to hit nine-month high Today’s gains, which have seen Bitcoin hit a 10-month [...]
Vodafone commits to using Huawei equipment in its 5G network May 14, 2019 Vodafone will use Huawei equipment in non-core parts of its 5G infrastructure when it launches the high-speed network in July. A spokesperson for Vodafone confirmed the telecoms company will go ahead with plans to use Huawei technology in non-core parts of the network such as radio antennas, but said the Chinese firm would not participate [...]
Thyssenkrupp swings to second quarter loss after scrapping Tata merger deal May 14, 2019 German steel conglomerate Thyssenkrupp posted a second quarter loss this morning, days after it was forced to ditch plans for a merger with India’s Tata Steel. Read more: EU scuppers Thyssenkrupp's European steel merger The figures The firm said it made a net loss attributable to shareholders of €99m (£85.9m) in the three months to [...]
Bayer shares hit after $2bn payout to couple in Roundup weedkiller case May 14, 2019 Shares in Bayer dropped today even as analysts said a $2bn (£1.5bn) damages payment awarded to a California couple who claim the company’s Roundup weedkiller gave them cancer is likely to be reduced. Alva and Alberta Pilliod said that using the chemical had contributed to their contracting non-Hodgkin’s lymphoma. Read more: Bayer considers appeal after [...]
Metro Bank shares rebound from all-time lows after Whatsapp rumours quashed May 14, 2019 Metro Bank shares have rebounded today after plunging to all-time lows following false Whatsapp rumours of fresh financial turmoil. The challenger bank’s share price has risen 7.7 per cent this morning, returning to 511p – similar levels as yesterday morning. Read more: Metro Bank denies rumours of financial trouble ahead of fundraising But the stock [...]
Nissan forecasts worst earnings in 11 years amid Carlos Ghosn saga May 14, 2019 Nissan’s struggle to escape from the shadow of disgraced former chairman Carlos Ghosn was underscored today as the Japanese giant forecast its weakest profits in more than a decade. Read more: Ghosn ran up €11m in suspicious expenses, audit finds The car maker forecast a 28 per cent drop in annual operating profit, which would [...]
Shattered: Pottery maker Portmeirion Group shares plunge 25 per cent after profit warning May 14, 2019 Shares in pottery maker Portmeirion Group collapsed this morning after the firm issued a profit warning. Read more: Renishaw shares dive after second profit warning Shares fell more than 25 per cent to 910p as the country garden-themed pottery company told investors that sales were down 10 per cent for the first four months of [...]
Financial data platform Refinitiv Eikon suffers ‘major incident’ before London market opening May 14, 2019 Financial data terminal Refinitiv Eikon was hit by a “major incident” this morning as investors were unable to log in ahead of the London market opening. The problem began shortly before 5am and prevented worldwide user from accessing the data hub, the Financial Times reported. Read more: City of London Corporation names Refinitiv boss as [...]