Friday 29 March 2024
 
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Sterling

UK exports rise as manufacturers benefit from weaker pound

The UK manufacturing output and orders grew over the last quarter, with export volumes growth the strongest for two and half years, according to the latest quarterly Confederation of British Industry (CBI) Industrial Trends Survey.

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Pound hits new 31-year low on Brexit worries

Sterling hit a fresh 31-year low against the dollar on Tuesday, as investors worried about the economic and financial fallout of Britain's vote to leave the European Union. The pound, the asset that has borne the brunt of mark

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Brexit vote rattles world markets for second day

Britain's vote last Thursday to leave the European Union continued to reverberate through financial markets on Monday, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about

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Pound hits 31-year low on Brexit impact

Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain's decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc.

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UK markets shudder after Brexit vote, sterling hits 31-year low

Sterling plunged to its lowest in three decades and the value of London's big banks sank by the most since the 2008 financial crisis on Friday as Britain's shock vote to leave the European Union sparked turmoil on global financial market

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Sterling plunges to 31-year low, as UK votes Brexit

British markets plunged on Friday, with sterling hitting a 31-year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold

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Sterling hits 2016 high on bets Britain will stay in EU

Sterling hit a 2016 high and the euro surged against the dollar and yen on Thursday after a series of late opinion polls favoured Britain staying in the European Union and bookmakers odds indicated a further shift towards the "Remain"

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Sterling sinks as 'Brexit' drive intensifies

Sterling headed towards its biggest loss in almost six years against the dollar on Monday, hit by a rise in the odds on a "Brexit" after a handful of senior ruling Conservatives joined the campaign to leave the European Union.

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Cameron sweeps to unexpected triumph in UK election

Prime Minister David Cameron won an emphatic election victory in Britain, overturning predictions that the vote would be the closest in decades to sweep into office for another five years, with his Labour opponents in tatters. The

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R&P licenses TPO technology from ExxonMobil

R&P Ltd, a toll compounder for ExxonMobil Chemical in the thermoplastic olefin (TPO) market, has licensed from EMC the technology to produce similar Specialty PP Compounds (TPO) to be marketed under its brand name Sterling for the Asia Pacif

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