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Is your company sleepwalking into Brexit? Here's how to keep your eyes open.

Being able to adapt to circumstances outside of your control has long been recognised as an attribute of successful leaders. But even the most hands-on chief executive can struggle to navigate through unforeseen waters; as much as we don’t like to admit it, certain events will always remain outside of our control. ...

- City AM - UK

Howard Shore relinquishes chief executive duties at Shore Capital.

The founder and executive chairman of Shore Capital is relinquishing his chief executive duties at the broker and will be replaced two joint co-chief executives. The company said today Howard Shore was "relinquishing his operational responsibilities", which will now be taken over by Simon Fine and David Kaye as joint chief ...

- City AM - UK

Pound choppy as UK starts down Brexit road.

Stock markets steady as rise in oil price helps energy groups

- Financial Times - US

European Commission blocks London Stock Exchange-Deutsche Boerse merger.

The European Commission has blocked the London Stock Exchange-Deutsche Boerse deal, saying it would have created a “de facto monopoly”. The veto has been expected since the London Stock Exchange indicated it was not willing to divest its Italian trading business MTS at the end of last month. The commission noted ...

- City AM - UK

After crippling $12B loss, Toshiba's Westinghouse nuclear division files for bankruptcy.

It is one of the biggest annual losses for a Japanese company ever

- Financial Post - CA | Calm before the storm for rand?.

Local political news is now pretty much everything for the local market and with what seems to be the calm before the storm, the rand's reaction seems fairly optimistic.

- Fin24 - SA

EU vetos Deutsche Boerse-London Stock Exchange merger deal.

An attempted merger between the German and British stock exchanges was struck down by European regulators on Wednesday, formally ending a deal that unraveled in the wake of Britain's vote to leave the European Union. 'We could not approve this merger on the terms ... proposed,' said European Competition Commissioner ...

- Yahoo! News Finance - US | Brazilian meat crisis: A lesson for SA consumers.

The Brazilian rotten meat scandal drives home the need to know the contents and origin of meat products, says Leana Engelbrecht.

- Fin24 - SA | Standard Bank wants court to prevent ministers from intervening.

Standard Bank argues that Finance Minister Pravin Gordhan's declaratory order should be extended to include cabinet ministers from intervening in banking matters.

- Fin24 - SA

The Wall Street Journal: FDA nominee Scott Gottlieb plans recusals from decisions on many drug firms.

The Trump administration's nominee to lead the Food and Drug Administration plans to recuse himself for a year from FDA decisions on more than 20 companies, including some drug giants.

- Marketwatch - US | Presidency explains Gordhan court action.

The Presidency has finally broken its silence over Finance Minister Pravin Gordhan - but only to clarify his own position in the banks-related application before the high court.

- Fin24 - SA | Gordhan threatened with more court action

Gupta associates are targeting Finance Minister Pravin Gordhan in another court case, which relates to a bid to buy a bank.

- Fin24 - SA

AkzoNobel investors beg it to act over PPG approaches

Investors have pleaded with the management of AkzoNobel to listen to them and engage in takeover talks with US rival PPG. Activist investor Elliott, one of the leading voices calling for the Dulux-owner to engage with PPG, released research that indicated nearly all respondents want AkzoNobel sit down with its would-be ...

- City AM - UK

U.S. stocks' rally may be near peak, but some gains ahead: Reuters poll

A U.S. stock rally fueled by optimism President Donald Trump will boost the economy may be near its peak, according to a Reuters poll of strategists who forecast U.S. shares will gain less than 3 percent between now and year-end. The run up since the Nov. 8 U.S. election has left the S&P 500 at levels many consider ...

- Yahoo! News Finance - US

Tax reform, the next Trump debacle

Legislative agenda on taxation is as riddled with contradictions as healthcare

- Financial Times - US

Inflation will soar in Britain say investors

Investors expect inflation to increase sharply in the UK, Europe and the US over the next year as major economies slowly accelerate from the period of stagnation since the financial crisis. Expectations of core inflation in the UK have risen by more than half a percentage point across the developed economies, according to a ...

- City AM - UK | Treasury debunks theories about UK investor roadshow

Treasury has debunked various theories and queries about Finance Minster Pravin Gordhan's investor trip to London and Deputy Minister Mcebisi Jonas's cancelled trip to the US.

- Fin24 - SA

Intel: Street Sees Newfound Ardor for Foundry Business

Intel shares are up 5 cents at $35.65 after the company yesterday held an event in San Francisco to talk about its manufacturing prowess. Reviews are starting to come in. One of the main takeaways for the Street, both bull and bear, from yesterday's event is that the company is signaling an intention to be more ...

- Barrons - US

Abu Dhabi fund loses crisis-related arbitration against Citigroup

Abu Dhabi Investment Authority said on Wednesday it was disappointed by the outcome of the arbitration. Documents in the case were unsealed on March 20 in Manhattan federal court, where Citigroup filed a petition earlier in the month to have a federal judge confirm a decision an arbitration panel issued in December.

- Yahoo! News Finance - US

Brexit triggered: 5 obstacles to amicable divorce

Read full story for latest details.

- CNNMoney - US | High Court reserves judgment in Gupta-Gordhan bank case

Judgment in Finance Minister Pravin Gordhan's application to get legal protection from intervening in the bank closure of the Gupta's bank accounts has been reserved.

- Fin24 - SA

Ford warns Brexit deal must include tariff-free access to customs union

U.S. carmaker Ford said on Wednesday that Britain must secure a Brexit deal which includes full tariff-free access to the entire customs union of European countries, not just the 27 other members of the European Union. Ford builds vans in Turkey, which is not part of the EU but is in the EU customs union. 'Any deal must ...

- Yahoo! News Finance - US

After crippling cost overruns, Toshiba's Westinghouse files for bankruptcy

Toshiba Corp's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, just three months after huge cost overruns were flagged, as the Japanese parent seeks to limit losses that threaten its future. Bankruptcy will allow Pittsburgh-based Westinghouse, once central to Toshiba's ...

- Yahoo! News Finance - US

Flybe stacks up a tower of bad news

Shares in Flybe plummeted over 12 per cent in early trading this morning after revealing a slew of bad headlines. Providing guidance on its annual figures, the Exeter-based airline said "weak demand" had been coupled with "uncertain consumer environment". In addition there was "overcapacity amongst airlines and sharpened ...

- City AM - UK

What you need to know before the open

  Today's top story: Article 50: Here's what will actually happen once it's triggered Today's leader: Britain is embarking on a long, hard journey European markets are set to nose up this morning, following the example set by calm Asian indices amid the excitement of the UK triggering Article 50. Analysts expect ...

- City AM - UK

Morgan Stanley: Here's Your Buying Opportunity

Analysts have been busy downgrading bank stocks this year, as many argued that the run up in shares of companies like Goldman Sachs , Morgan Stanley , and JPMorgan Chase soared following Donald J. Trump's November election win. But could the tide be turning? It just might be. The SPDR S&P Bank ETF has dropped 5.8% during ...

- Barrons - US

Article 50: Here's what will actually happen today

Today is likely to go down in history. Prime Minister Theresa May will trigger Article 50 and officially begin the Brexit process. Here's everything you need to know. What is Article 50? Article 50 refers to the 264-word clause of the Treaty on European Union allowing countries to leave the European Union . Any country can ...

- City AM - UK

Mortgage approval fall suggests consumer demand is weakening

The number of mortgages approved in the UK declined in February for the first time since August while the amount of debt taken on by consumers continued to rise. The total number of mortgage approvals fell to 125,622, down by almost 3,000 from the month before, according to the Bank of England. Approvals for house purchases ...

- City AM - UK

The Fed: House panel passes bill to audit the Fed

The House committee on oversight and government reform passed legislation to let the General Accountability Office audit the Federal Reserve's monetary policy decisions.

- Marketwatch - US

Tesla Just Got A Sugar Daddy

Tencent could be a lot more than just a passive investor in Tesla

- - US

Square shapes up for growth push in Europe

Jack Dorsey's fintech group sees developed European market as a natural fit

- Financial Times - US

A fifth of Londoners think house prices will fall because of Brexit

Nearly a fifth of Londoners think that house prices will fall because of Brexit. Britain starts the process of leaving the EU today, and, according to a poll by YouGov, 18 per cent of Londoners think their house price will be hit as a result.

- City AM - UK

Drink local: Heineken-owned pubs will soon be stocked with more craft ales

In a bid to raise confidence that Heineken will keep the local spirit alive in its pubs, the drinks giant has announced its Star Pubs & Bars will now offer a wider choice of local cask ales. Heineken has joined the Society of Independent Brewers'  Beerflex scheme, which allows Star licensees with Cask Marque accredited ...

- City AM - UK

Why a weak sterling can help small businesses export internationally

Last June’s European Union referendum vote caused the value of Sterling to plummet and many businesses across the country have felt the effects. With Theresa May set to trigger Article 50 today, there is the potential for sterling to fall even further. But what does this mean for the UK’s small businesses, ...

- City AM - UK

Toshiba's Westinghouse files for bankruptcy as charges jump

Toshiba Corp's U.S. nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to limit losses that threaten its future. A bankruptcy filing will allow Pittsburgh-based Westinghouse, whose nuclear plant projects have been dogged by delays and cost overruns, to ...

- Yahoo! News Finance - US

Crude prices are rising on hopes Opec will extend its production cuts

Crude prices are rallying due to lower than expected US inventory growth, declining supplies from Libya and hopes the Organisation of the Petroleum Exporting Countries will extend output cuts. The price of global benchmark Brent crude lifted 1.46 per cent this afternoon to $52.08 a barrel while West Texas Intermediate ...

- City AM - UK

Need to Know: The trap ahead for a stock market too full of animal spirits

The paw prints of animal spirits are stamped all over this stock market. Our call of the day looks at an indicator that has some words of caution for where investors think equities are headed.

- Marketwatch - US

China detains Taiwanese democracy activist

Latest sign of widening crackdown on dissent will complicate cross-strait ties

- Financial Times - US

Everything you need to know about Samsung's new Galaxy S8 smartphone

Samsung is trying to move on from its disastrous Note 7 debacle and will today launch its newest flagship phone, the Galaxy S8. So for phone fans and anyone thinking of getting a new device, here's everything we think we know about it so far... Launch date and time Wednesday is the big day for the so-called unpacked event ...

- City AM - UK

Why Vertex Has Soared 24%

Shares of Vertex Pharmaceuticals have soared today after releasing stellar data from a phase 3 drug trial for its cystic fibrosis drug. Pixabay It's not hard to see why Vertex has surged 24% to $110.88, helping the iShares Nasdaq Biotechnology ETF gain 1.3% to $295.82. On March 22, Barron's Johanna Bennet laid out ...

- Barrons - US | Banking shares slip amid uncertainty over Gordhan's future

Financial shares have started the day's trading on the JSE sharply lower as investors begin to discount the possibility of Pravin Gordhan being replaced as minister of finance.

- Fin24 - SA

Toshiba's Westinghouse has filed for bankruptcy

Westinghouse, Toshiba's US nuclear arm, has filed for Chapter 11 bankruptcy after the troubled Japanese conglomerate announced a £5bn writedown on the unit last month. The firm said its own net loss for the year could reach 1 trillion yen compared with a previous estimate of 390bn yen. The Pennsylvania-based nuclear ...

- City AM - UK

Telford Homes secures £53.7m build to rent deal in Stratford

Telford Homes has signed its fourth build to rent deal, announcing today that it has exchanged contracts on 112 homes in its New Garden Quarter, Stratford, for £53.7m. The developer has sold the homes to Folio London, a subsidiary of its joint venture partner in the New Garden Quarter, Notting Hill Housing Group.

- City AM - UK

SK Hynix consortium bids over $9 billion for Toshiba chip unit: Maeil Business

A consortium led by South Korea's SK Hynix Inc has offered to pay more than $9 billion for a majority stake in Toshiba Corp's memory chip business, the Maeil Business Newspaper reported on Wednesday citing ...

- Yahoo! News Finance - US

What's Wrong With General Motors? Depends Who You Ask.

Yesterday, shares of General Motors popped after David Einhorn's Greenlight Capital recommended the automaker create two share classes, one for investors looking for dividends, and one for those interested in growth. It probably won't happen: General Motors already offered its own rebuttal, while Barron's Jack Hough argued ...

- Barrons - US

Other Akzo shareholders also want talks with PPG - Elliott Advisors

Elliott Advisors, the activist investor with a 3.25 percent stake in Akzo Nobel , said on Tuesday other shareholders owning almost a quarter of the Dutch paints and chemicals group want it to enter into talks with spurned U.S. suitor PPG Industries . Akzo has rejected a 24.4 billion-euro takeover offer by PPG and declined ...

- Yahoo! News Finance - US | Gupta ruling 'crucial to set rules for future cases'

Absa has argued in the North Gauteng High Court that it is important for the court to rule on Finance Minster Pravin Gordhan's declaratory order.

- Fin24 - SA | Nene: Let's hope Zuma can explain Gordhan recall to appease investors

Hopefully the reasons for the decision to call back Pravin Gordhan from overseas are compelling and explained, says former Finance Minister Nhlanhla Nene.

- Fin24 - SA

Q&A: The European Commission's guide to Article 50 and the Brexit process

It's finally happened - Theresa May has triggered Article 50. But what does that actually mean, you may be asking.  Luckily, the European Commission has put together a guide to the next steps, in this helpful Q&A: What is Article 50? Article 50 of the Treaty on European Union sets out the procedure for a member state to ...

- City AM - UK | SEE: R13.8m Ferrari smuggled into SA

The South African Revenue Service has seized a Ferrari that was being smuggled into the country through Beitbridge border post.

- Fin24 - SA