Monday, January 21, 2019 | ePaper

European stocks open higher after May wins vote

  • Print
AFP, London :
European stocks rose Thursday at the open on investor relief after British Prime Minister Theresa May won a no-confidence vote.
Investors were meanwhile awaiting the latest interest rate decision from the European Central Bank, which is forecast to end the "quantitative easing" stimulus.
Sentiment was also buoyed by more conciliatory noises from China and the United States on trade, dealers said.
At the opening bell, London's benchmark FTSE 100 index advanced 0.2 percent to 6,894.93 points.
In the eurozone, Frankfurt's DAX 30 won 0.5 percent to 10,978.68 points and the Paris CAC 40 climbed 0.4 percent to 4,926.86.
The pound meanwhile rose to $1.2656, compared with $1.2629 late on Wednesday.
Prime Minister May survived a confidence vote staged by her own party's MPs late on Wednesday.
May won the backing of 200 Conservative lawmakers, but 117 voted to oust her - and only after she conceded she would step down before the 2022 election.
She heads to Brussels for the second time in three days on Thursday, battling to save her Brexit deal.

More News For this Category

Abracadabra! German executives turn to magic to up their game

AFP, Pullach Im Isartal :Harold Voit takes out his wallet, extracts a wad of 50-euro bills and gazes at it calmly as the cash goes up in flames.Slamming the

Has Davos made the world better?

AFP, Geneva :Klaus Schwab, who founded the World Economic Forum (WEF), has said his childhood during World War II inspired him to build an organisation that would make the

MM Monirul Alam, Managing Director of Guardian Life Insurance Limited, inaugurating a smart and attractive pavilion (GMP 01) at Dhaka International Trade Fair (DITF)-2019 recently where M Shazzadul Karim, DMD, Shamim Ahmed, Chief Operating Officer, Rubayat Saleheen, Head of Marketing & Communication and other senior officials of the company were also present.

MM Monirul Alam, Managing Director of Guardian Life Insurance Limited, inaugurating a smart and attractive pavilion (GMP 01) at Dhaka International Trade Fair (DITF)-2019 recently where M Shazzadul Karim, DMD, Shamim Ahmed, Chief Operating Officer, Rubayat Saleheen, Head of Marketing & Communication and other senior officials of the company were also present.

.

Coffee clash brewing in China: Startup Luckin takes on Starbucks

AFP, Beijing :When Starbucks came to China two decades ago it promised to open a new store every 15 hours. Now a homegrown rival, Luckin Coffee, plans to build

Rosneft-led Nayara Energy to invest $850 in Indian business

TASS, New Delhi :Indian company Nayara Energy, in which Russian state oil giant Rosneft holds a 49.13%-stake, has signed an agreement with the administration of India's Gujarat state two

Bangladesh Agricultural Research Institute (BARI) signs three separate deals with the Metal (Pvt.) Limited, RK Metal and Mahbub Engineering Workshop at BARI's conference room in Gazipur on Sunday. Dr. Abul Kalam Azad, Director General of BARI, Engr. Sadid Jamil, Managing Director of the Metal (Pvt.) Ltd, Paritosh Kumar Malo, Proprietor of RK Metal, Md. Mahbubur Rahman Khan, Proprietor of Mahbub Engineering Workshop, Dr. Md. Abdul Wohab, Director and other senior scientists of the organization were also present.

Bangladesh Agricultural Research Institute (BARI) signs three separate deals with the Metal (Pvt.) Limited, RK Metal and Mahbub Engineering Workshop at BARI's conference room in Gazipur on Sunday. Dr. Abul Kalam Azad, Director General of BARI, Engr. Sadid Jamil, Managing Director of the Metal (Pvt.) Ltd, Paritosh Kumar Malo, Proprietor of RK Metal, Md. Mahbubur Rahman Khan, Proprietor of Mahbub Engineering Workshop, Dr. Md. Abdul Wohab, Director and other senior scientists of the organization were also present.

.

Md. Abdullah Al Mamoon, DMD of United Commercial Bank (UCB) Limited  and Hussain Elius, CEO of Pathao Limited, exchanging an agreement signing documents on providing the convenience of payment for Pathao services using Upay, Digital Payment System of the at its Corporate office in the city recently. Mohammed Shawkat Jamil, Managing Director of the Bank and other senior executives from both the organizations were also present.

Md. Abdullah Al Mamoon, DMD of United Commercial Bank (UCB) Limited and Hussain Elius, CEO of Pathao Limited, exchanging an agreement signing documents on providing the convenience of payment for Pathao services using Upay, Digital Payment System of the at its Corporate office in the city recently. Mohammed Shawkat Jamil, Managing Director of the Bank and other senior executives from both the organizations were also present.

.

Biman achieves 5 stars in safety rating

Economic Reporter :Biman Bangladesh Airlines has entered into safe airlines pool after achieving five stars by an international aviation safety rating.According to an Australian-based company called airlinesrating.com, Biman achieved

New office-bearer of BIAA taken over charge

New office-bearer of BIAA taken over charge

Business Desk :New Board of Directors of Bangladesh Indenting Agents' Association (BIAA) has taken over the Charge for the year of 2019-2020. The newly made leaders were elected recently

IMED to be further strengthened during present term: Mannan

Business Desk :Planning Minister MA Mannan on Sunday said that the Implementation, Monitoring and Evaluation Division (IMED) under the Ministry of Planning would be further strengthened during the tenure