Centrica PLC (CNA.L)
19 Jul 2019
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
* Huatai's GDRs rise on London market debut (Adds details, updates to closing prices)
ABERDEEN, Scotland, June 5 Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.
European stocks continued their decline on Monday, on the heels of this year's biggest weekly loss, as an escalation in the U.S.-China trade war battered sentiment and prompted investors to shift into safer bets.
* Metro Bank skids to all-time low again (Adds news items, analyst comment, updates to closing prices)
* Utilities stocks gain, investors favor defensive bets (Updates to close, adds strategist's quote)
FRANKFURT/LONDON E.ON and Centrica, two of Britain's so-called "big six" energy providers, warned on Monday of a toughening retail market, raising the chance of cost cuts in response to falling profits.
* GRAPHIC: https://tmsnrt.rs/2E4Khuh (Updates throughout, adds graphic)
May 13 Britain's FTSE 100 edged up on Monday, led by oil heavyweights and as investors flocked to defensive stocks on concern over the stand-off in Sino-U.S. trade negotiations.
May 13 European shares extended losses early on Monday from the biggest weekly slump this year as the U.S.-China standoff quelled hopes that the two largest economies will be able to resolve their trade dispute anytime soon.