The Commission conditionally approved article 22 derogation to the "Poseidon pipeline", a new gas pipeline that will connect Greece and Italy. This derogation, foreseen in article 22 of the Gas directive (2003/55/EC), exempts major new infrastructures from the third party access rules of the same directive for a limited period of time in order to make the investment possible.
Revenue before exceptional items up 20 per cent to £349.6 million. Operating profit before exceptional items up 55 per cent to £185.6 million. Adjusted basic earnings per share up 50 per cent to 56.2 pence.
Gold is a highly sought-after precious metal which, for many centuries, has been used as money, a store of value and in jewellery. The metal occurs as nuggets or grains in rocks, underground "veins" and in alluvial deposits.
The average daily number of SETS trades during April 2007 was up 64 per cent on the same month last year to 465,967, making April the sixth month in a row that year on year growth in SETS trades exceeded 50 per cent. The average daily value traded grew 25 per cent to £7.5 billion. The total number of trades on SETS during the month was up 73 per cent to 8.9 million, and the total value traded grew 32 per cent to £143.0 billion.
The first quarter of 2007 has been the best one ever with strong level of activity both on cash and on derivatives markets. These positive market conditions have allowed all business lines to register an increase in their revenues. As a result, revenues for the first quarter of 2007 reached a record level of €310.1m, a progress of 15.6% compared to the €268.1m achieved in Q1, 2006.
According to a late April survey of 500 U.S. equity and options traders conducted by online broker dealer TradeKing, active traders are keeping a keen eye on oil prices and alternative energy along with interest rates and inflation as potential trading triggers heading into summer months.
NYSE Euronext announced transaction activity data for its six cash equities exchanges and six derivatives exchanges. As the world's leading and most diversified global exchange group, NYSE Euronext operates the world's largest and most liquid cash equities market centers trading a combined average daily value of €75.3/$102.4 billion with a total global market capitalization of listed companies valued at €21.7/$29.6 trillion year-to-date through April 30, 2007.
