Editor's Picks
Whistl sheds 2,000 staff after suspending "end-to-end" deliveries
Monday 11 May 2015
Whistl, a wholly owned subsidiary of PostNL, have sent 2,000 staff home from their west London, Manchester and Liverpool depots, after difficult postal market conditions pushed the company to halt its 'end-to-end' (E2E) delivery service.
Lord Sugar quits "anti-enterprise" Labour party
Monday 11 May 2015
Lord Sugar has quit the Labour party citing its "negative business policies and the general anti-enterprise concepts" as the reason behind his decision.
Greece completes latest payment to IMF
Monday 11 May 2015
Athens has issued an order for its latest debt payment of €754m to the International Monetary Fund to be executed.
Rate-hike guidance should remain cloudy, says Fed's Williams
Monday 11 May 2015
The Federal Reserve should not give financial markets an exact timing on the first increase in interest rates, according to the president of the San Francisco Fed John Williams.
Oil prices won't top $100 in the next decade, OPEC predicts
Monday 11 May 2015
Crude will stay below the $100-a-barrel (bbl) level for at least the next 10 years, according to the Organization of Petroleum Exporting Countries (OPEC).
Banks accused of forex rigging in FCA investigation
Friday 10 Oct 2014
The Financial Conduct Authority (FCA) has accused six banks of system and control failures as the result of its investigation into the alleged manipulation of global currency markets.
UK construction output sees first annual drop in August since May 2013 - UPDATE
Friday 10 Oct 2014
UK construction output tumbled in August against July, further stoking fears that the economic recovery is losing steam, official figures showed on Friday.
UK trade deficit narrows in August
Friday 10 Oct 2014
The UK trade deficit narrowed in August, driven by a 4.7% fall in imports from non-European Union countries, the Office for National Statistics (ONS) revealed on Friday.
Italian industrial production growth weak as fears rise for Eurozone
Friday 10 Oct 2014
Figures released for Italy's August industrial production index have added to rising fears that the country may have slipped back into recession in the third quarter of 2014.
ECB to give banks two weeks for capital plans
Friday 10 Oct 2014
The European Central Bank (ECB) has fleshed out the details of plans for banks that fall foul of its comprehensive assessment of balance sheets ahead of a deadline on 26 October.
Tuesday tips round-up: Dairy Crest, Graphene Nanochem
Tuesday 07 Oct 2014
The drop in commodity prices is hurting dairy processor Dairy Crest, piling the pressure on the farmers which supply it. The company has been forced to cut its payments to them thrice since July - with another reduction expected in November.
Tuesday newspaper round-up: Amazon, BSkyB, Ebola, Chinese investment
Tuesday 07 Oct 2014
Online retailing giant Amazon has come under scrutiny from the European Union (EU) because of an unorthodox deal with Luxembourg, the Financial Times reported on Tuesday.
Ferrexpo to reduce capex amid falling iron ore prices
Tuesday 07 Oct 2014
Ukraine-focused iron ore producer Ferrexpo said it is looking to scale back on investment in the face of low commodity prices.
Cairn Energy surges on Senegalese oil discovery
Tuesday 07 Oct 2014
FTSE 250-listed oil and gas group Cairn Energy has discovered oil at its FAN-1 exploration well offshore Senegal, causing shares to surge on Tuesday.
Tesco asks another senior manager to step down
Tuesday 07 Oct 2014
Beleaguered grocery giant Tesco has asked another member of its senior management to step down in the wake of an investigation into its accounting practices.
Hewlett-Packard to split into two companies
Monday 06 Oct 2014
US-based Hewlett-Packard is planning to separate into two companies, the company confirmed on Monday.
Tuesday preview: BoE credit conditions survey, UK industrial production, GDP estimates
Monday 06 Oct 2014
Tuesday's agenda will be packed with UK macro-economic releases including the Bank of England's (BoE) credit conditions survey, data on industrial output and gross domestic product (GDP) estimates.
London close: Falling oil prices and Tesco lift stocks
Monday 06 Oct 2014
Upbeat news from the UK supermarket sector and falling oil prices put London shares on an upward path on Monday.
Lloyds Banking Group to slash thousands of jobs, report says
Monday 06 Oct 2014
Lloyds Banking Group is set to slash thousands of jobs as the UK lender closes more branches in response to the advance of digitisation.
The Euro/Dollar has no technical support until 1.22
Friday 19 Sep 2014
Technical analysts at Digital Look on Monday called attention to the clear signs of weakness apparent in the Euro/Dollar's weekly graph, despite the small bounce seen on Thursday after the European Central Bank's (ECB) policy meeting.
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