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  • Commodities: Oil dips after weak ISM data

    Tuesday 02 Apr 2013

    Crude oil futures fell on Monday, after six days of consecutive gains, as an unexpectedly weak US manufacturing report rattled confidence about the future demand outlook while Brent gained on concern over the closure of a pipeline in the Gulf Coast.

  • London open: Markets rise after long weekend, Vodafone provides a lift

    Tuesday 02 Apr 2013

    UK stocks began Tuesday's session with solid gains after the long Easter weekend with the focus once again turning to Cyprus ahead of meetings with the Troika this week.

  • Sunday share tips: Babcock, IAG, Aberdeen Asset Management

    Thursday 28 Mar 2013

    Last Thursday shares of engineering and outsourcing giant Babcock International hit roughly twice their level of five years ago. The company – whose businesses span everything from baggage handling at Heathrow airport to building frigates for the Royal Navy – is humming, bolstered by orders from both the public sector as well the private. Nevertheless, it is unclear how much growth is still to

  • FTSE 100 movers: Mining companies slide down the index

    Thursday 28 Mar 2013

    Tate & Lyle’s stock was up as the food and sweetener giant reported ‘solid sales’ ahead of its annual results.

  • London midday: Stocks advance as Cyprus re-opens banks

    Thursday 28 Mar 2013

    After a shaky start, the FTSE 100 was making decent gains by Thursday lunchtime ahead of a raft of economic data from the States later on, as sentiment was lifted by the reopening of banks in Cyprus.

  • US close: S&P 500 hits new all-time high ahead of Easter break

    Thursday 28 Mar 2013

    S&P 500 hits new record; US GDP revised higher; BlackBerry unveils surprise profit.

  • National Grid earnings ahead of forecasts as new divi policy is revealed

    Thursday 28 Mar 2013

    FTSE 100-listed electricity and gas group National Grid has unveiled a new dividend policy which is to apply from April 1st 2013.

  • InterContinental Hotels Group sells Park Lane hotel for 302m pounds

    Thursday 28 Mar 2013

    FTSE 100-listed InterContinental Hotels Group (IHG) has agreed to sell InterContinental London Park Lane to Constellation Hotel UK S.A, which is an affiliate of Constellation Hotels, a Middle Eastern private investment group.

  • Broker tips: Antofagasta, IHG, ICAP

    Thursday 28 Mar 2013

    Shares in mining giant Antofagasta were under pressure on Thursday after the company announced the anticipated re-start of the Antucoya copper project in Chile, something which Credit Suisse believes rules out a large dividend in 2013.

  • Sunday newspaper round-up: RBS, Cyprus, Bedroom-tax

    Thursday 28 Mar 2013

    It is understood that Royal bank of Scotland (RBS) will make even deeper cuts to its investment banking wing in an effort to meet the Bank of England’s (BoE’s) new financial policy committee's (FPC) target. The FPC last week called on lenders to raise 25bn pounds in new capital to offset any potential future losses arising from ill-advised lending and various allegations of misconduct. RBS is

  • London open: Markets open cautiously ahead of Easter weekend

    Thursday 28 Mar 2013

    UK stocks opened tentatively on Thursday morning with the focus once again turns to Cyprus as banks re-open with capital controls in place to prevent worried depositors from clearing out their accounts.

  • London close: Stocks weighed down by Eurozone concerns

    Wednesday 27 Mar 2013

    Political wrangling in Italy and uncertainty in Cyprus resulted in a volatile day for London’s FTSE 100 index on Wednesday, though stocks bounced well off their lows in afternoon trade.

  • Barclays to sell CoCos to boost loss-absorbing capital

    Wednesday 27 Mar 2013

    Barclays is marketing another round of contingent capital bonds (CoCos) to boost its loss-absorbing capital, just as the Bank of England (BoE) warned of a 25bn-pound capital shortfall in UK financial institutions.

  • FTSE 100 movers: TUI Travel's bookings push shares higher

    Wednesday 27 Mar 2013

    TUI Travel led the FTSE 100 race Wednesday after the tour operator said bookings were up.

  • Broker tips: Rio Tinto, Aviva, TUI Travel

    Wednesday 27 Mar 2013

    Credit Suisse has kept its 'outperform' rating and 4,000p target price for mining giant Rio Tinto following a revised technical report for the Oyu Tolgoi copper and gold project in Mongolia which included higher costs.

  • UK GDP falls as tight credit weighs on consumption -UPDATE

    Wednesday 27 Mar 2013

    UK gross domestic product (GDP) dropped in the last quarter as industrial production and exports shrank, data showed Wednesday.

  • London open: TUI Travel leads markets higher early on

    Wednesday 27 Mar 2013

    UK stocks edged higher on Wednesday morning with TUI Travel leading the rise after a decent first-half trading update, as markets tracked gains on US and Asian benchmarks overnight.

  • Trading momentum strong at TUI Travel after decent winter

    Wednesday 27 Mar 2013

    Leisure travel firm TUI Travel has maintained its full-year guidance, saying that underlying operating profits should rise by as much as a tenth this year, after a strong winter performance.

  • Wednesday newspaper round-up: Cyprus, Prudential, Deutsche Bank...

    Wednesday 27 Mar 2013

    Banks in Cyprus are due to re-open today, but the government is to impose a weekly limit on cash withdrawals in an attempt to prevent a bank run, says The Times. The paper says that the government was finalising strict capital controls last night while security firm G4S was deploying 180 guards to control queues at bank branches.

  • London close: Stocks gain on US data, but Cyprus still in focus

    Tuesday 26 Mar 2013

    Strong economic data from the States lifted stocks in afternoon trade on Tuesday, but UK markets remained rangebound with one eye kept firmly on Cyprus.

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