Monday 13 Aug 2012
Recruitment firm Michael Page's profits took a tumble as market conditions worsened in the second quarter, and things are not looking much brighter for the second half of the 2012 either.
Monday 13 Aug 2012
London's benchmark index is expected to open a little lower on Monday morning in the absence of any new developments over the weekend.
Saturday 11 Aug 2012
Genel, the oil investment vehicle headed by Tony Hayward, the former chief executive of BP, has been unloved by the stock market. Genel had 1.8bn dollars (1.15bn pounds) of cash when it gave its last trading update. Last week it spent 240m dollars buying an additional 21 per cent interest in a Kurdish oilfield called Bina Bawi to bring its stake to 44 per cent. This means that about 78 per cent
Saturday 11 Aug 2012
- Stocks shrug off bad news in hope it will prompt more stimulus measures - Hard-up RIM may have buyer for one of its organs - Yahoo! may backtrack on cash return plans
Saturday 11 Aug 2012
Insurers have been dominating results this week, but we are not quite done with the sector on the results front, with Standard Life set to update the market next week.
Friday 10 Aug 2012
Standard Chartered has embarked on a last-ditch push to secure a settlement with American prosecutors over money laundering allegations ahead of a crunch meeting on Wednesday. The British bank was last week accused by a New York state regulator of illegally processing $250bn (£160bn) of payments for Iran. Peter Sands, chief executive, has furiously denied the claims, insisting that almost all the
Friday 10 Aug 2012
UK producer price inflation eased to its slowest pace in almost three years during July, indicating that the official rate of consumer price (CPI) inflation will drop further in the coming months.
Friday 10 Aug 2012
- Chinese trade data knocks sentiment - IBM sniffing around RIM - ManU flotation as well timed as a Paul Scholes tackle
Friday 10 Aug 2012
Troubled coal miner UK Coal has announced a restructuring plan as it battles against debts and a massive pension deficit.
Friday 10 Aug 2012
You only need to look at the share price to see the warm welcome the City has given to the appointment of City veteran Sir David Walker as the new Chairman of Barclays, but just in case, brokers have been weighing in to lend their support.
Friday 10 Aug 2012
Collectibles dealer Stanley Gibbons reported rising interim profits and has forecast growth for the rest of the year ‘irrespective of economic conditions’ as it continues to lead the way in sourcing rare stamps.
Friday 10 Aug 2012
Footsie bumbled along for most of the morning a little in the red, weighed down by mining stocks, which have been under selling pressure after weak Chinese trade data.
Friday 10 Aug 2012
It appears the owners of football club Manchester United are in retreat over the price punters must pay when the stock goes on sale for the first time on Friday in New York.
Friday 10 Aug 2012
Barclays, the bank which saw a raft of senior executives resign last month following the LIBOR-fixing scandal is to appoint City veteran Sir David Walker as its new Chairman.
Friday 10 Aug 2012
Mining stocks are weighing down the Footsie in early trade after weak Chinese trade data was released on Friday morning.
Friday 10 Aug 2012
In the Telegraph, Questor takes on the Xstrata / Glencore takeover saga. The basic facts are that Xstrata’s shareholders want more shares in exchange for their holdings and have been bolstered by impressive half year numbers which show Xstrata weathering a drop in commodity prices well. The firm also has a strong pipeline of growth mining projects on the go. Questor has been burned recommending
Friday 10 Aug 2012
Sir David Walker, former Deputy Governor of the Bank of England, and described by The Times as 'a veteran City grandee', has been named as the new Chairman of scandal-hit bank Barclays. His arrival caps a career that has included stints at the Treasury, Lloyds Bank, Legal & General and latterly Morgan Stanley. Walker joins a bank that has been accused by its own regulator of suffering an endemic
Friday 10 Aug 2012
Oil and gas company Gulf Keystone has reached a 'major milestone' by submitting a declaration of commercial discovery for the Shaikan Block in the Kurdistan Region of Iraq.
Friday 10 Aug 2012
Barclays, the bank which saw a raft of senior executives resign last month following the LIBOR-fixing scandal is to appoint City veteran Sir David Walker as its new Chairman.
Friday 10 Aug 2012
It appears the owners of football club Manchester United are in retreat over the price punters must pay when the stock goes on sale for the first time on Friday in New York.
You are here: news > editors picks