Shares in Glencore International and Xstrata soared on Thursday as the two companies said they were in talks over a $35bn merger.Glencore, which already holds at 34% stake in Xstrata, has made an-all share ...
Shares in Glencore International and Xstrata soared on Thursday as the two companies said they were in talks over a $35bn merger.Glencore, which already holds at 34% stake in Xstrata, has made an-all share ...
Stocks across Europe rose strongly in early trade on Tuesday, tracking gains in Asia, amid speculation that China’s slowest economic growth in more than two years would lead to monetary easing.The FTSE100 ...
London’s blue-chip equities suffered a reversal of early gains on Monday as investors held back from risk ahead of the first meeting of the year between Angela Merkel and Nicolas Sarkozy.The FTSE100 was ...
Petrofac was the top riser in early trading on Tuesday after the U.K. oilfield services and engineering provider said it will beat its profit target in 2011 as it works through a record order backlog.The ...
Inflation fell in November as the spectre of recession loomed large on the UK economy.The consumer prices index (CPI) measure of inflation dropped back from 5% to 4.8% and the retail prices index (RPI) ...
The FTSE100 rose in early trade as gains in commodities stocks offset a fall in banks and a slump on Whitbread shares.The blue-chip index was up 0.19% to 5438.34 at 0933GMT on Tuesday.Banks were weaker, ...
The UK’s industrial output fell more than expected and at its fastest pace in six months in October, official data showed on Wednesday, raising concerns the economy may be heading for recession.The Office ...
The European Union's official statistics agency confirmed on Tuesday said that combined gross domestic product of the 17-strong euro zone during the three months to September was up 0.2% from the second ...
European leaders face a make-or-break weak to fix the Eurozone crisis after the failure of their fourth rescue blueprint sparked intensified concern the 17-nation euro area was on the brink of unraveling.There ...
The FTSE 100 ticked higher in early trade on Monday as investors hoped that a make or break week for the Eurozone will be successfulThe blue-chip index was up 0.07% to 5556.3 at 0930 as French President ...
The Organisation for Economic Cooperation and Development cut its global growth forecasts on Monday as it warned that Eurozone contagion had engulfed the global economy. The OECD said in its twice-yearly ...
The British Chambers of Commerce (BCC) on Monday slashed its forecast for UK economic growth ahead of Chancellor George Osborne’s autumn statement tomorrow.The BCC, which has lowered if forecast four times, ...
The FTSE 100 rose in early trading on Monday as investors sought to profit from the recent sell-off.The blue-chip index was up 1.8% to 5259.29 at 0926 amid a broad-based recovery following last week’s ...
German business confidence unexpectedly rose for the first time in five months in November, data showed on Thursday.The Munich-based Ifo institute’s business climate index, based on a survey of 7,000 executives, ...
The collapse of a major financial institution has become one of the greatest fears for stock market participants in the UK, according to a survey by the Bank of England.Respondents to the UK central bank's ...
The following is a summary of the top business stories across the UK 'papers on Monday, November 21: The Financial Times KAZAKH OIL GROUP TO SEEK LONDON LISTINGZhaikmunai, the Kazakhstan-based oil ...
Statoil plans to focus on the development of the Aldous discovery, which along the Avaldsnes deposit may prove to be the third-largest off Norway. In addition to Norway, the company has recently sold assets ...
RBS shares were lower on Monday after analysts downgraded the stock in the light of its decision to abandon its earnings targets.Espirito Santo Bank, which owns the UK brokinh house Execution, downgraded ...
The FTSE100 slid in early trade on Monday on the back of worrying economic news from Asia, reports that a US congressional super-committee has reached deadlock over debt reduction plans and a lukewarm ...
The world’s biggest fund managers are seeking respite from troubles in the eurozone by turning to US. and emerging market equities, according to the BofA Merrill Lynch Survey of Fund Managers for November.Globally, ...
The FTSE100 dipped into the red after showing early promise on Wednesday as ex-dividend factors , negative economic data and concerns over Europe ensured choppy trading conditions. The blue chip index ...
The following is a selection of the top business stories in the UK press on November 15: IMF warns on Chinese financial systemFinancial TimesThe Chinese financial system faces “a steady build-up in vulnerabilities” ...
Britain's top share index continued to trade lower on Tuesday morning as Italian and Spanish government bond yields rose, promoting investors to remain in risk-off mode as GDP numbers failed to inspire ...
GDP increased Eurozone GDP remained unchanged at 0.2% from the second quarter according to data from Eurostat on Tuesday.GDP growth in both the eurozone and European Union remained unchanged at 0.2% during ...
Burberry reported first-half earnings that beat analysts estimates and raised its dividend by 40% but its shares took a hit in early trading on Tuesday.Adjusted pretax profit at the luxury goods maker ...
ITV share rose sharply on Monday after it turned in better than expected third-quarter earnings and slashed debt.The company, home to such shows as the "X Factor" and "Coronation Street," ...
Blue-chip stocks fluctuated in early trade on Monday as investors were cautiously optimistic about the appointment of Mario Monti as Italy’s new prime minister over the weekend. The FTSE100 was down 0.49% ...
Chinese crude steel output has fallen nearly 10% since last May as the slowdown continues.Figures released yesterday show that the country produced 54.7m tonnes, down 3.6% from September's figure of 56.7mn ...
China is growing at 8.5% to 9% at the moment: in terms of what Europe and the US can expect now and 2012, that is chalk and cheese.And, even though the economy is slowing, China’s momentum is enough at ...
How many times have you read – or in our case written – that the Eurozone crisis is entering a crucial phase? Well it happened again this week with the focus shifting to Italy, the zone’s fourth largest ...
Blue-chip stocks tumbled on Monday as fears of a Greek default intensified and metals prices fell on concerns about the global economic recoveryThe FTSE100 was down 2.3% to 5093.59 at 13.37BST with Inmarsat ...
A solid month for job creation in the US last month saw American shares end the first day of April with good gains, as did markets in Europe and parts of Asia. Confidence jumped on the news that 216,000 ...
Commodities finished the week in a fairly convincing fashion, except for gold and copper, and look like having another reasonable week with the US dollar expected to be weak ahead of the European Central ...
Jobs and interest rates in Australia, interest rates in Europe, a revised look at business sentiment in Japan, the strong markets and more. In fact meetings of central banks in Australia (tomorrow), Japan ...
Japan's central bank updates its quarterly Tankan business survey today, taking into account post-quake responses. The original Tankan survey for the quarter was issued on Friday. Bank of Japan officials ...