Editor's Picks
BHP in fresh attack on Aussie mining tax
Friday 11 Jun 2010
BHP chairman Jac Nasser has written to shareholders to restate the mining giant’s opposition to the new super tax on the mining industry proposed by the Australian government.
Fuller's cruises past forecasts
Friday 11 Jun 2010
Pub group and brewer Fuller's posted record profits last year as its managed pubs and hotels pushed forward with its brewing business also going well. Profits in the year to March jumped 86% to £26.8m, with underlying profits 17% ahead at £26.6m - well ahead of market forecsats. Revenues rose by 18% to £228m.
Halfords set for the acquisition trail
Thursday 10 Jun 2010
Halfords is a rare bright spot in a retail sector that is already struggling in the wake of the VAT rise back to 17.5% at the start of this year and amid continuing uncertainty over further tax rises and economic conditions.
Home Retail sales slip as Argos suffers
Thursday 10 Jun 2010
Home Retail Group complained of shoppers’ reluctance to part with their cash in uncertain economic times as it reported a decline in like-for-like sales at both its Argos and Homebase stores in the 13 weeks to 29 May.
OFT to probe rights issue fees
Thursday 10 Jun 2010
The Office of Fair Trading (OFT) is to examine the market for equity funding and associated services after learning of dissatisfaction with the services among companies that use them.
UK rates held for 15th month
Thursday 10 Jun 2010
Bank of England policymakers have decided to keep interest rates on hold at 0.5% for the 15th consecutive month and left their £200bn quantitative easing programme alone.
BP spillage estimates double
Thursday 10 Jun 2010
The amount of oil spilling out of the leak into the Gulf of Mexico may be more than double original estimates according to the latest reports from the US body monitoring the spill.
BP 'not aware' of reason for US sell-off
Thursday 10 Jun 2010
Last night’s plunge in the value of BP’s US-listed shares has shocked the British oil giant into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. Its stock slumped 16% in heavy trade as rumours did the rounds that the Gulf of Mexico oil disaster could force the business into bankruptcy, or at the very least cause it to axe the dividend
Blinkx to be visible through Windows
Wednesday 09 Jun 2010
A few weeks ago I said that video-based search engine Blinkx had the potential to become a household name like YouTube and MySpace.
Misys cashes in its Allscripts chips
Wednesday 09 Jun 2010
Financial software provider Misys is to return more than $1bn to shareholders after selling the majority of its stake in its Allscripts subsidiary.
Tullow finds more oil offshore Ghana
Wednesday 09 Jun 2010
Tullow Oil has found oil at its Mahogany-5 appraisal well immediately to the southeast of the Jubilee field offshore Ghana, making it four out of five strikes in the region.
Market volatility lifts IG
Tuesday 08 Jun 2010
Volatility in foreign exchange and equity markets and growth in all of its areas of business boosted spread better IG Group's fourth quarter and full year.
SocGen 'rogue trader' Kerviel goes on trial
Tuesday 08 Jun 2010
The trader accused of nearly bringing down French bank Societe Generale at the start of the financial crisis goes on trial in Paris today.
Warm weather lifts retail sales in May
Tuesday 08 Jun 2010
Sunny weather lured shoppers onto the High Street in May, said the British Retail Consortium (BRC), but the industry body warned that consumers remain uncertain about the outlook.
UK trade gap widens after ash cloud
Tuesday 08 Jun 2010
The UK’s goods trade deficit with the rest of the world widened in April as the volcanic ash cloud disrupted transportation of goods. The deficit on trade in goods rose to £7.279bn from £7.259bn in March, with exports falling by 0.6% and imports by 0.4%, figures from the Office of National Statistics (ONS) show.
Lamprell performance in line
Monday 07 Jun 2010
Oil engineering services provider Lamprell said performance has been in line with expectations since its last statement in April.
BP spill cost surges to $1.25bn
Monday 07 Jun 2010
The Gulf of Mexico oil spill has now cost BP a staggering $1.25bn (£865m) and is expected to keep rising for many months to come as the latest attempt to stop the leak is only capturing half the oil.
UK manufacturing enjoys record quarter
Monday 07 Jun 2010
Britain’s manufacturing sector has enjoyed its best quarter for fifteen years thanks to a combination of the weak pound and strong overseas demand.
Pru chiefs soak up the punches at volatile AGM
Monday 07 Jun 2010
The great and good at Prudential paraded in front of angry shareholders at today’s AGM to explain why the planned $35.5bn acquisition of AIG’s Asian business went so disastrously wrong.
Interest bill will hit £70bn without cuts - Cameron
Monday 07 Jun 2010
Prime Minister David Cameron warned unless “painful” cuts are carried out, the UK would pay £70bn interest on its debt by 2015. Cameron said the country’s economic problems were “even worse” than thought and the cuts needed to correct it will affect everyone’s “way of life.” He said there would be "difficult decisions" on pay, pensions and benefits
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN