Wednesday, 1st July 2015

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Buy Hiscox on the back of ACE/Chubb deal, says RBC Capital

Wed 1st Jul 15, 14:28:36

RBC Capital Markets recommended investors buy Hiscox on Wednesday on the back of ACE's agreement to buy Chubb Corp for $28.3bn, having recently suggested the FTSE 250 insurer was too richly priced.

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Tsipras urges Greeks to vote "no", Greferendum not about euro

In an adress to Greeks on Wednesday prime minister Alexis Tsipras confirmed the country would go ahead with a referendum on 5 July as planned. 34 minutes ago

IAEA chief to fly to Tehran in hopes of agreement

The United Nations (UN) nuclear watchdog, the International Atomic Energy Agency (IAEA) on Wednesday said its chief Yukiya Amano would fly to Tehran to discuss some crucial elements of the deal between Iran and six world powers. 1 hour ago

Merkel says Greek bailout talks will not happen before referendum

German Chancellor Angela Merkel has dashed any hopes of a new bailout deal for Greece being agreed before Sunday's planned referendum. 2 hours ago

US open: Stocks jump on optimism around Greece

US equity benchmarks jumped at the opening bell on the back of what some observers described as Greek prime minister Alexis Tsiprasīs 'climbdown'. 42 minutes ago

Saudi Prince Alwaleed to donate $32bn fortune

Saudi Arabia's Prince Alwaleed bin Talal Al Saud will donate his $32bn fortune to charitable projects over the coming years. 3 hours ago

Commodities: Oil trades lower in Europe, base metals turn a corner

Oil benchmarks continued to slip in European trading on Wednesday, as confusion persisted over the eventual outcome of the Greek debt crisis talks, with a sovereign default being the most likely outcome. 4 hours ago

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Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

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