Wednesday 16 Jul 2014

Calls for US tax avoidance crackdown rock Shire

Wednesday 16 Jul 2014

Shares in takeover target Shire took a beating on Wednesday as US lawmakers demanded a crackdown on US companies basing themselves abroad to cut their tax bills.

London close: Stocks higher after upbeat China, UK data

Wednesday 16 Jul 2014

London stocks finished the day on a high note after better-than-expected reports on Chinese growth and UK unemployment.

FirstGroup investors rebel against chief's pay package

Wednesday 16 Jul 2014

Investors at bus and train operator FirstGroup have rebelled against the award of an 86% pay rise to Chief Executive Tim O'Toole last year.

FTSE 100 movers: Meggitt leads risers on bid target rumours

Wednesday 16 Jul 2014

Aircraft components manufacturer Meggitt was the standout performer on the FTSE 100, up nearly 10% at 537p on the back of reports that the company is a potential bid target.

Experian investors hit out at credit-checker over board plans

Wednesday 16 Jul 2014

Shareholders in Experian gave the credit-checking company's board a bloody nose on Wednesday over controversial plans to appoint its Chief Executive as Chairman.

UK households concerned about finances, Markit reveals

Wednesday 16 Jul 2014

UK households have signalled the weakest confidence about their finances in six months, according to economic research group Markit on Wednesday.

RPC rises on robust first quarter results

Wednesday 16 Jul 2014

Sales and profits continued to stiffen at rigid plastic packaging specialist RPC Group in the first quarter, in line with its previous guidance.

US pre-open: Stocks futures rise ahead of US data, Yellen speech

Wednesday 16 Jul 2014

US stock futures rose as investors awaited data on industrial and manufacturing production and further remarks from Federal Reserve Chair Janet Yellen.

FARNBOROUGH - Boeing seals $18.9bn Qatar deal

Wednesday 16 Jul 2014

Boeing and Qatar Airways have finalised an order for 50 of its new generation 777-9X jets worth $18.9bn at current list prices and may buy another 50.

UK unemployment falls but wage growth slows

Wednesday 16 Jul 2014

London open: Chinese GDP gives stocks a boost, Meggitt jumps

Wednesday 16 Jul 2014

Stronger-than-expected economic growth in China helped UK stocks rise on Wednesday morning, while M&A speculation saw the share price of blue chip Meggitt surge.

Chinese GDP growth picks up to 7.5% in second quarter

Wednesday 16 Jul 2014

Economic expansion in China picked up pace in the second quarter, figures showed on Wednesday, suggesting that the world's second-largest economy has stabilised after a slowdown earlier in the year.

Wednesday tips round-up: Carr's Milling, Dairy Crest

Wednesday 16 Jul 2014

Investors should 'buy' shares of Carr's Milling Industries, according to the Questor column in The Telegraph, which believes that the stock is "overlooked and undervalued".

Wednesday newspaper round-up: Carney, Stansted, Microsoft...

Wednesday 16 Jul 2014

Mark Carney has rejected calls by the Bank for International Settlements (BIS) for a swift return to normal interest rates, lambasting the lauded Swiss institution for operating "in a vacuum" and "outside political and economic reality". The Governor of the Bank of England said that BIS, considered to be the "bank of central banks" and a bastion of monetary policy, was issuing recommendations

British Land making hay as office and retail markets shine

Wednesday 16 Jul 2014

British Land reported a good start to the year as it continues to make the most of strong markets, with the occupational and investment markets in London and retail both strengthening.

Rio Tinto reports record H1 for iron ore business

Wednesday 16 Jul 2014

Mining giant Rio Tinto said it delivered a "very strong first half" with productivity gains across the business.

Mike Ashley withdraws from Sports Direct's controversial bonus scheme

Wednesday 16 Jul 2014

Mike Ashley, the billionaire founder and retail tycoon who founded Sports Direct, has told the board of the sportswear chain that he will withdraw his name from its controversial bonus scheme.

Royal Mail facing competition probe in France

Wednesday 16 Jul 2014

Royal Mail is facing a potentially "material" impact from a competition investigation in France, the UK postal group said on Wednesday.

Wednesday newspaper round-up: Carney, Stansted, Microsoft...

Wednesday 16 Jul 2014

Mark Carney has rejected calls by the Bank for International Settlements (BIS) for a swift return to normal interest rates, lambasting the lauded Swiss institution for operating "in a vacuum" and "outside political and economic reality". The Governor of the Bank of England said that BIS, considered to be the "bank of central banks" and a bastion of monetary policy, was issuing recommendations