5 Things You Need To Know, Today, on Monday 3rd December 2018
Five financial stories trending today, including US and China agreeing to a 90-day ceasefire in the trade-war.
5. Unilever Adds Horlicks in $3.8 Billion Deal for Glaxo India Unit
Unilever agreed to acquire GlaxoSmithKline Plc’s Indian consumer business, including malted milk drink Horlicks, in a 3.3 billion-euro ($3.8 billion) deal that boosts the Anglo-Dutch company’s footprint in one of the world’s fastest-growing major economies.
4. UK faces a “constitutional crisis” over Brexit legal advice
The UK faces a "constitutional crisis" if Theresa May does not publish the full legal advice on her Brexit deal on Monday, Labour has warned.
3. Qatar To Leave OPEC Next Month
Qatar, a member since 1961, is leaving to focus on its liquefied natural gas production, Energy Minister Saad Sherida Al-Kaabi told a news conference in Doha on Monday
2. Saudi Arabia and Russia Agree to Extend Pact
Russia and Saudi Arabia agreed to extend into 2019 their deal to manage OPEC+ and Canada decides to curtail production by 325,000 barrels a day.
1. The US and China agreed to a 90-day ceasefire in the trade war.
Beijing will "reduce and remove" the 40% tariffs it places on US cars imported into China, US President Donald Trump said.
Five financial stories, trending today in a 70 second podcast, including: MPs have voted to take control of Commons business for a day, in an unprecedented move to try to find a majority for any Brexit option. It means MPs will get a series of votes tomorrow to find out what kind of Brexit they will support, even though Theresa May has said there is no guarantee, she will abide by their decision.
On today's podcast: Live Company Group discuss progress including their new BRICKLIVE Show in Geneva. Bigblu Broadband cover the highlights from their final results released today. Rockfire Resources talks about the high grade copper from their Copper Dome Project in Central Queensland. Botswana Diamonds discuss their interim highlights.
Louis Coetzee, Chief Executive Officer of Kibo Energy (KIBO), addressed shareholders in a letter detailing progress the AIM listed energy company has been making in Sub-Saharan Africa and the UK. “Africa represents a rapidly growing market economy with an acute power deficit”
SP Angel daily look at commodities and miners, featuring: Bushveld Minerals (BMN LN) – Drill results at Brits vanadium project Chaarat Gold* (CGH LN) – Kapan site visit notes: focus on productivity to deliver sustainable cash generation MOD Resources (MOD LN) - Infill drilling at T3 project delivers increased reserves
Oil and gas investment company, Reabold Resources (RBD) shared with investors today that Rathlin Energy, operator of the PEDL 183 license onshore UK, has signed a rig contract for the drilling of the West Newton appraisal well. The well is expected to spud in April 2019.