Editor's Picks
Commodities: Crude recovers from losses after China data
Wednesday 25 Jul 2012
Crude oil futures recovered from the previous session's 4 per cent decline to register a modest gain after data from China soothed fears about the Eurozone crisis.
Rolls-Royce wins orders for offshore drillship thrusters
Wednesday 25 Jul 2012
Power systems group Rolls-Royce has won orders from a variety of customers worth in excess of 70m pounds to supply large thrusters for offshore drilling vessels.
Tullow helped by higher output and sustained high oil prices
Wednesday 25 Jul 2012
Tullow Oil has hailed an 'excellent' first half, with revenues up by a tenth and profits up by a half, driven by increased production, sustained high oil prices and profit on a Uganda farm-down.
FX weakness limits revenue growth at BATS
Wednesday 25 Jul 2012
Organic revenue growth at British American Tobacco was robust in the first half, though currency headwinds in key markets held back reported sales growth.
1,200 extra troops required for Olympics as G4S comes up short
Tuesday 24 Jul 2012
Ministers decided on Tuesday to provide an additional 1,200 troops to aid security at the Olympic Games after embattled security firm G4S failed to provide the amount of staff that it was contracted to.
London close: Stocks fall on Eurozone outlook
Tuesday 24 Jul 2012
- Spanish bond yields continue to set new records - Moody's turns 'negative' on Germany, Netherlands and Luxembourg - Croda surges after first-half results
FTSE 250 movers: Provident Financial surges after Vanquis Bank performance
Tuesday 24 Jul 2012
Small loans specialist Provident Financial topped the risers list on Tuesday afternoon after reporting that its first-half performance was helped by a sparkling performance from its Vanquis Bank. The group reported a 17 per cent rise in pre-tax profits, while Vanquis Bank saw profits surge 60.2 per cent.
Rosneft throws its hat into the TNK-BP ring
Tuesday 24 Jul 2012
Russia's state-owned oil company Rosneft is to enter negotiations with BP to buy the integrated oil giant's shareholding in TNK-BP, Russia's third largest oil producer.
Strategic brands drive revenue growth at Imperial
Tuesday 24 Jul 2012
While cigarette and tobacco giant Imperial has noted 'challenging' conditions in some markets, the group has said that trading in the nine months to September 30th has been in line with expectations.
Spain issues debt at record cost
Tuesday 24 Jul 2012
Spain managed to meet its target in the today’s debt sale, but at the same time paid the highest financing costs since the introduction of the euro, in 1999.
FTSE 100 movers: Slow-burning Croda catches fire
Tuesday 24 Jul 2012
It took a while for the market to fully digest the results from speciality chemicals producer Croda International, but once it did the shares raced ahead.
Another Anglo Irish boss up before the beak
Tuesday 24 Jul 2012
Sean Fitzpatrick, the former boss of collapsed lender Anglo Irish Bank, has appeared in a Dublin court on charges of alleged fraud.
London midday: Stocks lower as Spanish yields keep rising
Tuesday 24 Jul 2012
- Investors digest PMI data from China and Eurozone - Moody's turns 'negative' on Germany, Netherlands and Luxembourg - Spanish bond yields continue to set new records
Rosneft throws its hat into the TNK-BP ring
Tuesday 24 Jul 2012
Russia's state-owned oil company Rosneft is to enter negotiations with BP to buy the integrated oil giant's shareholding in TNK-BP, Russia's third largest oil producer.
Broker tips: UK banks, Carpetright, Dragon Oil
Tuesday 24 Jul 2012
Investec has reiterated its 'buy' ratings for all five major UK banks, saying that while the first-half results season will be 'unexciting', lenders are unlikely to provide a negative surprise.
Gross mortgage lending dropped in June, BBA says -UPDATE
Tuesday 24 Jul 2012
High street banks saw £16.1bn flow into cash ISAs in the first half of 2012 compared with £10.2 bn in the first half of 2011.
WPP snaps up digital agency KKLD
Tuesday 24 Jul 2012
WPP, the highly acquisitive media and advertising giant led by frontman Sir Martin Sorrell, has bought Germany-based digital agency, KKLD, as it attempts to expand its footprint further in digital media.
Strategic brands drive revenue growth at Imperial
Tuesday 24 Jul 2012
While cigarette and tobacco giant Imperial has noted 'challenging' conditions in some markets, the group has said that trading in the nine months to September 30th has been in line with expectations.
Margins improve at Croda
Tuesday 24 Jul 2012
Strong demand for its speciality chemicals in America offset weaker trading conditions in Europe for Croda International in the first half of 2012.
Moody's criticizes gradualist approach to crisis resolution
Tuesday 24 Jul 2012
Moody’s Investors Service has revised the outlooks on the triple-A ratings of Germany, the Netherlands and Luxembourg to 'negative' from 'stable' due to the rising uncertainty regarding the outcome of the Eurozone debt crisis and the increased likelihood of Greece’s exit from the single-currency region.
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