Monday, 1st September 2014

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Tube threat a hoax, Met Police says

Mon 1st Sep 14, 11:2

Dan Cancian

A text message warning of a possible terrorist attack on the London underground was described as a "hoax" by the Metropolitan Police.

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Euro-dollar rangebound ahead of ECB, any rebounds short-lived

Despite the EUR/USD having stabilised, the downtrend remains firmly intact, according to analysts. 55 minutes ago

Savannah Resources unveils "encouraging results" in Oman

Savannah Resources, the Mali-focused mining and explorer, has said a re-process airborne survey of its copper project in Oman delivered encouraging results. 29 minutes ago

Eurozone PMI revised a tad lower on weakness in Germany

Activity in the Eurozone's manufacturing sector dropped to a 13-month low in August, according to revised data from survey compiler Markit, as new orders from both inside and outside the single currency area slowed. 25 minutes ago

Commodities: Goldman and Barclays downgrade their US growth forecasts

Trading in the commodity space was a mixed bag on Friday, ahead of the Labor Day weekend Stateside and following the release of a weaker than expected reading on US personal spending that prompted some economists to lower their forecasts for growth in that economy. 1 hour ago

Numis names "multiple" potential bidders for CSR

CSR's share price edged higher on Monday as the stock extended gains made last week after the wireless technology firm received an approach from US outfit Microchip. 21 minutes ago

International Ferro Metals receives more chrome concentrate than expected

International Ferro Metals said on Monday that as part of its supply agreement with Anglo Platinum, it last month received 20,000 tonnes of upper group two (UG2) chrome concentrate, ahead of its expectations. 29 minutes ago

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