Thursday newspaper round-up: Greece, BHP Billiton, HP
Moody's has warned that Greece will have to impose capital controls on banks to stem an outflow of funds if Athens can't reach a deal with creditors, according to The Times.
Airbus Group N.V.
€160.04
17:19 19/04/24
BHP Group Limited NPV (DI)
2,340.00p
16:55 19/04/24
CAC 40
8,022.41
16:59 19/04/24
FTSE 100
7,895.85
16:59 19/04/24
FTSE 350
4,341.08
17:09 19/04/24
FTSE All-Share
4,296.41
17:08 19/04/24
Hewlett-Packard Co.
$27.81
10:59 19/04/24
Mining
10,765.51
17:10 19/04/24
BHP Billiton is to pay $25m to settle allegations relating to hospitality provided by the company to government officials at the 2008 Beijing Olympics, according to The Telegraph.
Hewlett-Packard is to sell 51% of its Chinese data-networking division Tsinghua for an estimated $2.3bn, reports The Wall Street Journal.
£12bn was wiped off the value of Chinese solar panel group Hanergy Thin Film Power in less than half an hour after its chief executive and largest shareholder missed its AGM, reports The Telegraph. The company said trading of shares was suspending "pending release of an announcement containing inside information".
The two listed units of Hong Kong real estate, horse-breeding and electronics conglomerate Goldin Group suffered their biggest losses on record, losing more than $25bn collectively from their value in less than two days, the Financial Times writes.
The boss of Airbus' UK division has warned that a 'Brexit' from the EU could hurt jobs and investment in Britain, The Guardian reports.
David Cameron is expected on Thursday to announce plans to make illegal working in the UK a criminal offence, giving policy powers to seize wages as proceeds of crime, the Financial Times reports.