Chairman of the developer company “XXI Century” (Kyiv) Lev Partskhaladze said that the company expects to resume trading in shares on the London Stock Exchange before the end of 2010.
British Petroleum assesses the damage of the oil spills in the Gulf of Mexico to 1.6 billion dollars nearly, the company said. The total amount could reach $ 3 billion. This amount includes the cost of spill, in the elimination of the accident at the well, and the payment of Florida, Alabama, Mississippi and Louisiana.
The overall negative trend in global stock markets remain very high. Dow Jones Industrial Average was influenced by a set of data on statistics from Australia, Europe and Asia. Good news, unfortunately, was much less than the bad. Another reason for the collapse of Dow Jones Industrial Average started the bad news from the automotive sector, the United States. Meanwhile, the unexpected news that can turn the market upside came from Switzerland.
The problems of the world economy touched Dow Jones Industrial. Most of the news that came today from all over the world have been very negative. Dow Jones Industrial Average starts to decline from the first minutes of trading on the background of the overall negative trend. As usual, the main negative factor for Dow Jones became news from China. The first day of June brought new concern and anxiety for investors. As often happens in such cases, the negative news did not come alone.
On Friday, May 21, the major stock markets of the European region have shown mixed dynamics. Investors remained concerned about the unstable situation in Europe and the lack of a unified position in the government on how best way to solve the problem of the debt crisis in the single euro zone. Analysts said Deutsche Bank, in the case of the failure of the stabilization program established by the EU, the picture is seen quite negative, including the possibility of a second wave of recession.
The great economic downturn occuring all over the world has effected the situation at the London Stock Exchange (LSE).