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MORE: First Pictures Emerge Showing Thai Boys Recovering In Hospital

“First pictures have emerged of the schoolboys recovering in hospital after being rescued from a cave in Thailand on Tuesday” writes unknown author for huffingtonpost.com. Public health inspector Thongchai Lertwilairatanapong said the boys and their coach “took care of themselves well in the cave”.The Wild Boars players are now recovering at a hospital in Chiang Rai. Source: huffingtonpost.com Share This:

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They remain in isolation

“First pictures have emerged of the schoolboys recovering in hospital after being rescued from a cave in Thailand on Tuesday” writes unknown author for huffingtonpost.co.uk. Public health inspector Thongchai Lertwilairatanapong said the boys and their coach “took care of themselves well in the cave”.The Wild Boars players are now recovering at a hospital in Chiang Rai. Source: huffingtonpost.co.uk Share This:

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News Stocks 

FTSE 100 recovering from 1-week low, but Glencore sinks on DOJ subpoena

“Mining stocks are heavily weighted on the FTSE 100, and China is a major buyer of industrial and precious metals” writes Markets Reporter for marketwatch.com. The FTSE 100 on Monday suffered after the European Union threatened $300 billion in fresh tariffs against U.S. products if U.S. President Donald Trump follows through on levies targeting the trade bloc’s auto makers.The pound GBPUSD, +0.3043%  rose to $1.3191 from $1.3144 late Monday in New York, and hit an intraday high of $1.3197. Source: marketwatch.com Share This:

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EUR/USD Forecast June 25-29 – Recovering is hard, inflation eyed now

“The last week of June features inflation figures, the EU Summit, and other events” writes Yohay’s Google Profile for forexcrunch.com. Our latest podcast is titled Festive Fed, Dovish Draghi, and a global trade war Follow us on Sticher or iTunes. EUR/USD remained depressed in the week, this time more due to trade than to Draghi’s words. Source: forexcrunch.com Share This:

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DS Smith profit rises as paper prices recover

“DS Smith PLC (SMDS.LN) said Monday that pretax profit rose 11% in fiscal 2018 on revenue that was buoyed by recovering paper prices as well as acquisitions” writes Carlo Martuscelli for marketwatch.com. The company said it revenue growth was driven by recovering paper prices as well as growth from acquisitions, which more than offset input-cost headwinds.The packaging company said profit before tax for the year ended April 30 was 292 million pounds ($387.7 million), up from GBP265 million the previous year. Source: marketwatch.com Share This:

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Director has stroke ahead of Don Quixote’s Cannes premiere

“The film festival has said it backs Gilliam and is proceeding as planned with the premiere, unless the court hearing rules otherwise” writes Catherine Shoard for theguardian.com. The same day, a court hearing was held in Paris to rule whether Gilliam’s new film, The Man Who Killed Don Quixote, can close the Cannes film festival on 19 May. Source: theguardian.com Share This:

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Markets News 

Recovering paper prices help push up sales at DS Smith

“DS Smith has been buoyed by a recovery in paper prices and the continued growth of internet shopping, which has increased demand for its packaging products” writes Matthew Lynn for telegraph.co.uk. The deal, which was announced in June last year, was DS Smith’s first step into the lucrative US market.The company said that in the year to April 30, it had increased its share of the market by targeting multi-national customers, particularly internet retailers and delivery firms. Interstate Resources supplies corrugated packaging primarily to food and drink companies in the…

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News Oil 

Oil falls after Trump goes after OPEC in a tweet

“Crude futures steadied on Friday, recovering from a sharp drop after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high” writes Tom Dichristopher for cnbc.com. U.S. West Texas Intermediate crude oil prices were up 4 cents at $68.37 a barrel, after dropping as low as $67.50 after Trump’s tweet. However, oil market watchers said it’s unlikely Trump would use the reserve as a means of countering OPEC’s production cuts.The prolonged oil price rout heaped pressure on nations like Saudi Arabia that depend on oil…

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