Exports sag, UK factories report lower Brexit stockpile boost – PMI survey

Exports sag, UK factories report lower Brexit stockpile boost – PMI survey

LONDON (Reuters) – British factories lost some of the boost from pre-Brexit stockpiling last month while households slowed their borrowing ahead of the original deadline for the country’s departure from the European Union, data showed on Wednesday.
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Allergan holders reject proposal to split chair, chief executive roles

Allergan shareholders on Wednesday rejected a proposal to split the roles of chairman and chief executive, handing Brent Saunders — who currently holds the jobs — a crucial victory against billionaire investor David Tepper’s Appaloosa activist hedge fund.
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AMD Beats Q1 Profit Forecast, Sees New Chips, Stronger Demand Driving 2019 Sales

Advanced Micro Devices Inc. (AMD – Get Report) shares look set to open at the highest level in nearly a month Wednesday after the semiconductor maker narrowly topped Street earnings forecasts and said new chips would hit the market in the months ahead.
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UPDATE 1-Exports sag, UK factories report lower Brexit stockpile boost – PMI survey

(Adds Bank of England lending data and Nationwide house prices). By Andy Bruce and William Schomberg. LONDON, May 1 (Reuters) – British factories lost some of the boost from pre-Brexit stockpiling last month while households slowed their borrowing …
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ANZ says 7.25pc buffer has to go

ANZ chief executive Shayne Elliott urged the prudential regulator to scale back the buffer requiring new borrowers have the capacity to pay a 7.25 per cent interest rate, warning it was forcing the bank to turn away one in five loan applicants. Mr Elliott …
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