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  • Air fares and petrol kept inflation in check in December - UPDATE

    Tuesday 15 Jan 2013

    Inflation was unchanged in December as rising gas and electricity bills were offset by air fares easing and a drop in petrol prices.

  • Broker snap: ARM hit by downgrades from Morgan Stanley and Investec

    Tuesday 15 Jan 2013

    Chip designer ARM Holdings is widely regarded as the 'best in class' in the UK tech sector, but analysts at both Morgan Stanley and Investec took the stock down a peg on Tuesday morning, deciding to take a more cautious stance after a recent strong run.

  • London open: Stocks flat as US debt ceiling fears resurface

    Tuesday 15 Jan 2013

    Concerns about the US debt ceiling and the German economy were weighing on market sentiment on Tuesday morning, with the FTSE 100 trading broadly flat in the opening hour.

  • Rio Tinto beats iron ore production targets in 2012

    Tuesday 15 Jan 2013

    Diversified mining giant Rio Tinto managed to surpass its own iron ore production targets in 2012, while its other commodity classes also delivered large increases year-on-year.

  • Sainsbury and Tesco confirmed as top food retailers going into 2013

    Tuesday 15 Jan 2013

    Sainsbury has been confirmed as the joint top performing food retailer going into 2013, alongside Tesco, following a report by market researcher Kantar Worldpanel.

  • Germany answers Rajoy plea: 'no more stimulus'

    Tuesday 15 Jan 2013

    German economic minister Philipp Rösler responded to Spanish president Mario Rajoy's call for more stimulus by insisting that there would be no more debt-financed economic stimulus measures.

  • Tuesday newspaper round-up: HMV, Goldman, JP Morgan...

    Tuesday 15 Jan 2013

    HMV, the high-street music and DVD store, is set to collapse into administration today, putting 4,000 jobs at risk. The looming failure of the entertainment chain, which was founded in 1921 and has 235 stores, emerged tonight as directors held a last-ditch meeting after failing to reach a new deal with the company’s banks. HMV has been battered by the rise of digital downloads and the flight of

  • Tuesday newspaper round-up: HMV, Goldman, JP Morgan...

    Monday 14 Jan 2013

    HMV, the high-street music and DVD store, is set to collapse into administration today, putting 4,000 jobs at risk. The looming failure of the entertainment chain, which was founded in 1921 and has 235 stores, emerged tonight as directors held a last-ditch meeting after failing to reach a new deal with the company’s banks. HMV has been battered by the rise of digital downloads and the flight of

  • Burberry retail success in challenging environment

    Monday 14 Jan 2013

    Burberry's retail operation enjoyed a strong run up to Christmas but the company took a hit in its wholesale division and said the global environment would remain challenging.

  • Amplats drops into the red in 2012

    Monday 14 Jan 2013

    The world’s biggest platinum miner, Anglo American Platinum, has announced that it swung to a big loss in 2012 as it was hit by strikes and lower prices in the second half.

  • FTSE 100 movers: Resolution offers premium performance

    Monday 14 Jan 2013

    Resolution led the risers on a quiet day as buying momentum on the FTSE 100 dried up.

  • London midday: Financials lead markets higher

    Monday 14 Jan 2013

    UK stocks were trading cautiously on Monday morning ahead of the official start of US corporate earnings season. However, markets were registering slight gains after dovish comments from a member of the Federal Reserve Stateside.

  • Rothschild ups stake in bid to remove Bumi board

    Monday 14 Jan 2013

    Financier Nathaniel Rothschild has bought 16m pounds-worth of shares in Indonesian miner Bumi as he ups the ante ahead of a battle to overhaul the company's board.

  • Sector movers: GKN lifts auto sector higher

    Monday 14 Jan 2013

    Automobile stocks were making gains on Monday afternoon with engineering giant GKN providing a lift on the same day that Jaguar Land Rover (JLR) revealed plans to create 800 new jobs at its factory in the West Midlands.

  • IAG’s Iberia reportedly presented with offer from pilot’s union Sepla

    Monday 14 Jan 2013

    The Spanish pilot’s trade union, Sepla, has reportedly presented a proposal to help turn around Iberia, the Spanish airline group operating under International Consolidated Airlines Group (IAG), according to an article in www.Bolsamania.com, a key Spanish financial news website.

  • Hammerson Chairman to be succeeded by Sainsbury's head

    Monday 14 Jan 2013

    John Nelson, the Chairman of FTSE 100 real estate investment trust Hammerson is to retire from the company this spring and will be succeeded by Sainsbury's Chairman David Tyler.

  • Festive sales buoy seasonal growth at Greene King

    Monday 14 Jan 2013

    Record Christmas Day trading underpinned growth in like-for-like sales at pub retailer Greene King, according to the group’s interim management statement for the 36 weeks to January 6th 2013.

  • Occupancy down after quiet quarter for Big Yellow

    Monday 14 Jan 2013

    Self-storage group Big Yellow said that 2013 has started well with trading patterns returning to normal following a seasonal weak festive period.

  • Barr and Britvic merger delayed

    Monday 14 Jan 2013

    Drinks firms AG Barr and Britvic will have to wait until at least February to see if their merger will get the thumbs up from the regulator as the Office for Fair Trading (OFT) continues to probe the deal.

  • Monday newspaper round-up: AstraZeneca, North Sea jobs, Glaxo...

    Monday 14 Jan 2013

    The Science Minister has lobbied the NHS to increase its use of an AstraZeneca heart medicine, amid mounting political concern about the drugs company’s commitment to British jobs. David Willetts has urged health officials to accelerate the uptake of Brilique, a blood thinner used to treat patients suffering from severe angina or heart attacks, which has sold poorly despite winning a green light

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