Commodities
Pressure Technologies to offload alternative energy division for £11.1m
Pressure Technologies’ shares jumped on Monday after it agreed to sell its alternative energy division to Creation Capital Corp for a total consideration of £11. 1m.
Investors warn governments to cut coal use or face financial disaster
Over 450 asset managers present at the UN's climate change summit in Poland called on governments to cut coal use and place certain taxes on carbon emissions in order to tackle climate change.
New US tariffs on China 'ill-timed', Oxford Economics says
The incipient trade war between the US and China will lead to only a slight reduction in growth in those two countries over the short-term, but may carry with them much broader economic consequences, including sowing the seeds for a global slowdown, according to a top consultancy in the City.
BoJ decides to stay put on policy
The Bank of Japan decided to keep all its main monetary policy settings unchanged at the end of the week and continued to predict steady growth.