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Smurfit Kappa Confirms SSK Paper Mill Unaffected In Sunday's Fire In Adjacent Premises
(RTTNews) - Smurfit Kappa Group plc (SKG.L) announced Monday that a fire broke out in an adjacent premises to the Smurfit Kappa SSK Paper Mill in Birmingham on Sunday evening at about 19.40 BST.
Though the high winds carried the fire which reached the mill's recovered fibre yard, the paper mill itself is unaffected and the company does not expect any material impact on production.
Smurfit Kappa also thanked both West Midlands Fire Service staff and the SSK team for their swift and professional response in controlling the fire within a few hours and ensuring the safety of all.
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UK House Prices Rise For First Time In 3 Months
UK house prices rose moderately in April despite an end to the stamp duty holiday and worsening economic outlook, data published by mortgage lender Halifax revealed on Thursday. House prices climbed 0.3 percent on a monthly basis in April after falling for two straight months. On a yearly basis, growth in house prices accelerated to 3.2 percent from 2.9 percent in the previous month.
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46 dakika önce
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Thursday.
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German Exports Rise More Than Forecast
Germany's exports increased more than expected in March driven by robust shipments to the US and China, official data revealed on Thursday. Exports increased 1.1 percent on a monthly basis in March but this was weaker than February's 1.8 percent gain, Destatis reported. Shipments were expected to climb 1.0 percent. Meanwhile, imports fell unexpectedly by 1.4 percent, reversing a 0.5 percent ris
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European Shares Seen Opening Up On Trade Deal Optimism
European stocks look set to open on a positive note Thursday after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
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European Economic News Preview: Bank Of England To Cut Interest Rate
The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting after reducing it three times since last year.
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Sensex, Nifty Subdued In Early Trade
Indian shares were subdued on Thursday amid rising tensions between India and Pakistan and concerns about the outlook for the global economy.
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Australian Market Swings To Slight Gains In Mid-market
The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.
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5s 21 dakika önce
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.
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5s 44 dakika önce
