Editor's Picks
Commodities: Oil prices shrink 1.2pc
Wednesday 10 Oct 2012
Crude oil futures declined on Wednesday, after moving between gains and losses, as focus turned to demand data.
FX round-up: Euro up on speculation about Madrid aid request
Wednesday 10 Oct 2012
The dollar fell against the euro on Friday as markets eagerly await clarification on when Spain will formally ask for a bailout.
FSA loosens capital rules for banks
Wednesday 10 Oct 2012
The Financial Services Authority (FSA) has eased capital buffers for the UK’s largest banks, meaning that loans given through the government’s ‘Funding for Lending’ (FLS) scheme can be effectively be classed as risk-free.
BAE says EADS merger terminated
Wednesday 10 Oct 2012
Defence giant BAE Systems has officially announced the merger between it and aerospace firm EADS is off.
London midday: Banking stocks gain, but Footsie falls
Wednesday 10 Oct 2012
IMF warns about Eurozone crisis; unions call for strikes in Greece; banks gain on speculation of eased capital rules.
Toyota recalls over 7m cars
Wednesday 10 Oct 2012
Toyota has issued a worldwide recall for more than seven million vehicles due to faulty window switches.
Sula Iron & Gold starts trading on AIM
Wednesday 10 Oct 2012
Sula Iron & Gold, an iron ore and gold exploration company focussed in Sierra Leone, began its first day of trading on AIM on Wednesday.
Broker snap: Gold equities to rally, says Nomura
Wednesday 10 Oct 2012
Nomura has retained its 'bullish' rating for the European gold sector, saying that there's potential for further outperformance in spite of the strong showing as of late.
Former M&S fashion boss joins ASOS
Wednesday 10 Oct 2012
Kate Bostock, the former Marks & Spencer (M&S) fashion boss, is joining the board of fast-growing online fashion outfit ASOS.
SABMiller targets affordable beer market in Africa
Wednesday 10 Oct 2012
SABMiller has gone back to its African roots, marketing its African beer brand, Chibuku, in ten countries across the continent.
Avanti directors filling their boots after share slide
Wednesday 10 Oct 2012
It is fair to say that the market was not over the moon about the full year results from satellites operator Avanti Communications, but the directors believe the share price reaction has been overdone, and have been backing up this view with share purchases.
Wednesday newspaper round-up: BP, Bank capital, Direct Line
Tuesday 09 Oct 2012
Angela Merkel, the German chancellor, has stamped her seal of approval on Greece's austerity plan and vowed to stand by the country as "partner and friend", signalling almost certain approval for the next tranche of EU-IMF Troika aid. The German leader – protected by 6,000 police – braved hostile crowds in Syntagma Square and Nazi insults in the Greek press as she made her first visit to Athens
Wednesday preview: Ferrexpo, Avanti Communications
Tuesday 09 Oct 2012
Results season may have kicked off in the US by the time Wednesday comes around but in the UK it looks like companies are taking a bit of a breather.
London close: Growth concerns sink stocks for second straight day
Tuesday 09 Oct 2012
Miners gain, but Footsie finishes firmly lower; IMF cuts forecasts; investors nervous ahead of Alcoa; UK economic data paints gloomy picture.
FTSE 100 movers: Miners lead the way
Tuesday 09 Oct 2012
Mining stocks were performing well despite the gloomy growth figures from the IMF. Vedanta was in the top spot despite seeing production and sales of iron ore from Goa fall in the second quarter as the government's ban on mining activities in the state starts to bite.
FX round-up: IMF warning shot triggers safe haven interest
Tuesday 09 Oct 2012
The dollar rapidly gained traction against most major currencies on Tuesday after the International Monetary Fund's warning that the global recovery is stalling.
Broker snap: Morningstar bullish on Alcoa ahead of Q3 earnings
Tuesday 09 Oct 2012
The US third-quarter corporate earnings season kicks off on Tuesday evening with Alcoa presenting its results for the period after the close of the US trading session.
Broker snap: Morningstar bullish on Alcoa ahead of Q3 earnings
Tuesday 09 Oct 2012
The US third-quarter corporate earnings season kicks off on Tuesday evening with Alcoa presenting its results for the period after the close of the US trading session.
London midday: Footsie slides as IMF spreads the gloom
Tuesday 09 Oct 2012
IMF cuts global growth forecasts for 2012 and 2013; UK economic data comes in mixed; Footsie still down despite mining strength.
Wednesday tips round-up: Hays, Aggreko, Rio Tinto, BHP
Tuesday 09 Oct 2012
The mood music from the resources sector has worsened in recent weeks. Thus, Rio Tinto, the third biggest miner in the world, has lowered its estimates for China’s growth this year to “just below” 8 per cent, down from the around 8 per cent growth it expected in August, chief executive Tom Albanese told investors yesterday. Similarly, a spokesman for BHP Billiton stated that: “Against a backdrop
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN