By Ben MartinLONDON, Feb 8 (Reuters) - Activist investor Sandell Asset Management plans to oppose Tesco's 3.7 billion pound ($5.2 billion) takeover of Booker Group unless the wholesaler secures a better offer from Britain's biggest retailer.The New York based hedge fund said in a statement on Thursday that it holds a 1.75 percent stake in Booker and that it had expressed its concerns about the Tes...Read More

Alex Lightman, chief executive at TokenCommunities Plc, caught up with Proactive to discuss Forbes' first ever cryptocurrency rich list.In the top spot is Ripple co-founder Chris Larsen with an estimated crypto net worth of US$7.5-8bln.The list is made up of 19 people - all of them have an estimated net worth of more than $350 million.  Meet Medusa Mining, Cora Gold, Group Eleven Resources Lt...Read More

* US stocks sink; key indexes drop about 2 percent* Bond yields add to rate worries* BOE's hawkish message lifts sterling, gilt yields* Sentiment in stock markets remains frail* Oil falls as US output soars, N Sea supply restarts (Updates with European shares' close, adds quote)By Caroline ValetkevitchNEW YORK, Feb 8 (Reuters) - Stocks in world markets remained on shaky ground on Thursday, with ma...Read More

Feb 9 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,890.70 13.90 NZX 50**8,177.14 -17.59DJIA24,313.85-579.50 NIKKEI**21,890.86245.49Nasdaq6,898.682-153.30 FTSE**7,170.69 -108.73S&P 500 2,627.57 -54.09Hang Seng** 30,451.27128.07SPI 200 Fut 5,726.00 -86.00STI** 3,415.932.13SSEC**3,262.15 -47.11KOSPI** 2,407.62 11.06-----------------------------------------------------...Read More

(Adds details, quotes)WASHINGTON, Feb 8 (Reuters) - New York Federal Reserve President William Dudley said on Thursday that as long as the U.S. economy continue to grow at an above trend pace, he would be in favor of another interest rate rise at the U.S. central bank's upcoming meeting in March."We have above-trend growth, we have buoyant financial conditions, we still have an easy monetary...Read More

(Kitco News) - Gold prices wereending the U.S. day session with moderate gains Thursday. Another big sell offin the U.S. stock market prompted safe-haven demand in both gold and silvermarkets. Bargain hunters also stepped into both markets after they had droppedto multi-week lows early on today. April Comex gold futures were last up $4.80an ounce at $1,319.40. March Comex silver was last up $0.092...Read More

(Kitco News)- Gold prices have bounced off a five-week low, finding newtechnical momentum because of safe-haven demand according to some analyst.April gold futures have pushed to session highs Thursday afternoon-- last trading at $1,319.90 an ounce, up 0.40% on the day -- as equity marketsacross the board push lower. At one point the Dow Jones Industrial Average wasdown more than 600 points intrad...Read More

(Kitco News) - Gold prices were ending the U.S. day session with moderate gains Thursday. Another big sell off in the U.S. stock market prompted safe-haven demand in both gold and silver markets. Bargain hunters also stepped into both markets after they had dropped to multi-week lows early on today. April Comex gold futures were last up $4.80 an ounce at $1,319.40. March Comex silver was last up $...Read More

(Adds details from speech, quote, background, byline)By Andrea HopkinsMONTEBELLO, Quebec, Feb 8 (Reuters) - Technological advances will raise global economic growth, but policymakers will need to take steps to keep firms' market concentration in check and ensure workers are not left behind, a senior Bank of Canada official said on Thursday.In a speech that did not discuss monetary policy, Bank of...Read More

Proactive Investors oil and gas correspondent Jamie Ashcroft reports on Sound Energy PLC's (LON:SOU) plans for a three-well Morocco drill programme.The programme will address three independent and 'high potential' targets.Drilling of the first well, TE-9, is slated to kick off in July.  Meet Medusa Mining, Cora Gold, Group Eleven Resources Ltd. and Harvest Minerals Ltd. at our event, London,...Read More

(In paragraph 12, corrects year to 2017 intead of 2016)* KKR management, board evaluating whether to convert to C-Corp* Change would expand possible shareholder base* But firm would lose certain tax advantages* KKR Q4 earnings miss analyst expectations By Joshua FranklinNEW YORK, Feb 8 (Reuters) - KKR & Co LP said on Thursday its top executives were evaluating whether to structure the compan...Read More

* BoE: rates might rise "somewhat" earlier and more than thought* BoE: returning to "more conventional" timing for inflation fight* Growth forecast edges up for next three years, inflation weaker* Sterling jumps a cent against U.S dollar, gilt prices fall (Adds economists, weakening of sterling)By William Schomberg and David MillikenLONDON, Feb 8 (Reuters) - The Bank of England...Read More

NEW YORK, Feb 8 (Reuters) - The U.S. Treasury Department on Thursday sold $16 billion of 30-year government bonds at a yield of 3.121 percent, which was the highest yield at a 30-year auction in 11 months, Treasury data showed.The ratio of bids to the amount of 30-year issue offered was 2.26, marking its weakest reading since November. This gauge of overall auction demand was 2.74 at the prior 30-...Read More

Shares of Facebook Inc (NASDAQ:FB) fell 2.8% on Wednesday, after Snap (NYSE:SNAP) -- which owns Instagram rival Snapchat -- reported impressive earnings. The FAANG stock has sold off alongside the broader stock market in recent weeks, but is now trading near a trendline that historically has had bullish implications. If past is precedent, FB shares could be headed back near record-high territory i...Read More

Dorian Gonsalves, chief executive of Belvoir Lettings PLC (LON:BLV) tells Proactive's Andrew Scott they traded in line with expectations in 2017.The full-year results will be released on April 10 but in a pre-close trading update, the group revealed it performed well throughout the year reflecting the continued underlying organic growth in franchise management service fee income, a record number o...Read More

A former millwright with Copper Mountain Mining Corp. (TSX:CMMC) is suing the company for wrongful dismissal, claiming he and others labelled "union sympathizers" were harassed and bullied in a "highly poisonous work environment."Plaintiff Gordon MacMillan filed a notice of civil claim in BC Supreme Court on January 19. He claims he was constructively dismissed in November 2017 after six years wit...Read More

A former millwright with Copper Mountain Mining Corp. (TSX:CMMC) is suing the company for wrongful dismissal, claiming he and others labelled "union sympathizers" were harassed and bullied in a "highly poisonous work environment."Plaintiff Gordon MacMillan filed a notice of civil claim in BC Supreme Court on January 19. He claims he was constructively dismissed in November 2017 after six years wit...Read More

MUMBAI, Feb 8 (Reuters) - India has imposed a limit on the amount of sugar that mills can sell in the market during February and March, according to a government order late on Thursday, as the world's second biggest producer tries to prop up prices of the sweetener.At the end of February mills need to be holding as inventory at least 83 percent of the opening stock from January and February's prod...Read More

CAPE TOWN, Feb 8 (Reuters) - Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.Angola's Jose Eduardo dos Santos and Zimbabwe's Robert Mugabe stepped down in 2017 after a combined 75 years in office, while the election of Cyril Ramaphosa as head of South Africa's ruling ANC heralds the looming end...Read More

CAPE TOWN, Feb 8 (Reuters) - Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.Angola's Jose Eduardo dos Santos and Zimbabwe's Robert Mugabe stepped down in 2017 after a combined 75 years in office, while the election of Cyril Ramaphosa as head of South Africa's ruling ANC heralds the looming end...Read More