Editor's Picks
Admiral reports 1% increase in interim profits
Tuesday 12 Aug 2014
Car insurance specialist Admiral reported a 2% rise in interim profits before tax, and excluding minority interests, to reach £184.9bn.
Global demand for gold falls as Chinese consumers curb purchases
Tuesday 12 Aug 2014
The global demand for gold saw a year-on-year decline in the second quarter as Chinese consumers limited their jewellery purchases, the Financial Times reported on Thursday.
French Foreign Minister calls for military suppport for Kurds
Tuesday 12 Aug 2014
The European Union must step up its efforts to prevent the advance of Islamic State (IS) militants in Iraq, the French Foreign Minister, Laurent Fabius, said in an interview with France Info radio on Tuesday.
London close: Company results please, but analysts cautious
Tuesday 12 Aug 2014
UK stocks had practically clawed back all of their losses come the end of trading on Tuesday as investors continued to watch geopolitical developments across the globe.
Shell to cut 250 jobs in its North Sea operations
Tuesday 12 Aug 2014
Royal Dutch Shell is set to cut around 250 jobs at its onshore North Sea oil operations in Aberdeen, the company announced on Tuesday.
Centamin unveils maiden dividend, expects strong second half
Tuesday 12 Aug 2014
Egyptian gold miner Centamin has unveiled a maiden interim dividend of 0.87 cents a share despite reporting a dip in profits in the second quarter as the cost of production rose.
Market overview: German ZEW surveys miss forecasts
Tuesday 12 Aug 2014
1000: The German ZEW surveys have missed consensus forecasts. The headline economic sentiment index dropped from 27.1 to just 8.6 (forecast: 17), its lowest since December 2012. Meanwhile, the current situation index dropped from 61.8 to 44.3 (forecast: 54).
Land Secs continues portfolio reshaping with sale of Bristol's Cabot Circus
Tuesday 12 Aug 2014
Real estate group Land Securities is to sell its 50% stake in Cabot Circus shopping centre, Quakers Friars and surrounding shops in Bristol for £267.3m.
Prudential rules out big buys in Asia as H1 profits rise - UPDATE
Tuesday 12 Aug 2014
Prudential's US and Asia businesses have helped the insurer to boost first-half operating profits by 17% to £1.52bn despite a drop in UK annuity sales sparked by government pension changes.
London open: Stocks fall despite strong earnings, as geopolitics weigh
Tuesday 12 Aug 2014
UK stocks declined on Tuesday morning as investors watched geopolitical developments and waited for economic data from Germany.
Ithaca Energy swings to first-half loss, but revenues rise
Tuesday 12 Aug 2014
North Sea-focused oil and gas firm Ithaca Energy said it strengthened its business in the first half but swung to a loss before tax of $2.5m, compared with a profit of $73m the year before.
World Cup drives H1 revenue growth at Ladbrokes, but profits sink
Tuesday 12 Aug 2014
High street bookie Ladbrokes said it delivered on its key operational objectives in the first six months of 2014, after a good World Cup performance pushed revenues higher.
Russian invasion in Ukraine "highly probable", says NATO
Monday 11 Aug 2014
There is a "high probability" that Russia could launch an invasion of Ukraine if, as expected, Ukrainian government forces were to regain control of the city of Donetsk, NATO officials said on Monday.
Norwegian oil fund completes 57.8% purchase of London's Pollen Estate
Monday 11 Aug 2014
Norges Bank Investment Management (NBIM) has purchased a 57.8% stake in the 730,000 square foot Pollen Estate in London's West End, the fund announced in a statement.
Punch Taverns delays £2.3bn debt shake-up
Monday 11 Aug 2014
Troubled pub group Punch Taverns has delayed the launch of its £2.3bn debt shake-up.
Just Eat shares surge as first-half profits treble
Friday 08 Aug 2014
Online takeaway marketplace Just Eat said profits trebled in the first half of 2014 on the back of strong demand and accelerating growth in mobile.
Serco reports poor H1 trading but cuts debt
Friday 08 Aug 2014
Troubled support services group Serco reported "poor" first half trading and predicted challenges ahead, but said it had reduced net debt and appointed a new finance chief.
FX round-up: Euro weakens despite Bundesbank holding growth forecasts
Friday 08 Aug 2014
The main currency pairs took divergent paths on Tuesday, although moves were limited.
Ukrainian forces set to regain control of Donetsk
Friday 08 Aug 2014
Ukrainian government forces are set to regain control of the city of Donetsk from the hands of pro-Russian rebels, Andriy Lysenko, a military spokesman for Kiev's government, said on Monday.
Fashion beats food as UK retail sales fall in July
Friday 08 Aug 2014
Fashion shops were in vogue but food retailers faced a famine last month as UK retail sales fell.
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