Tuesday newspaper round-up: William Hague, Retail sales, Scottish independence...

Tuesday 15 Jul 2014

William Hague is to stand down as foreign secretary with immediate effect and will take on the lesser role of leader of the House of Commons as David Cameron embarked on the most far reaching reshuffle of the parliament that was dubbed a new "night of the long knives". A far wider than expected cull of male ministers saw the former chancellor Kenneth Clarke leave the government alongside Damian

Rate hike fears and England World Cup exit dampen UK retail sales

Tuesday 15 Jul 2014

The spectre of interest rate hikes and England's early exit from the World Cup resulted in the lowest growth in UK total retail sales last month since May 2011, a survey showed.

Eurozone is weak and risks falling into deflation, says IMF

Monday 14 Jul 2014

The International Monetary Fund (IMF) on Monday warned that the Eurozone is weak and risks falling into deflation.

Tesco boosted by Cantor Fitzgerald upgrade to 'buy'

Monday 14 Jul 2014

Tesco's share price received a boost on Monday after analysts at Cantor Fitzgerald raised their rating on the stock from 'sell' to 'buy', saying that the stock is undervalued compared to others in the supermarket sector.

FTSE 100 movers: Sports Direct lifted by partnership deal

Monday 14 Jul 2014

The share prices of Sports Direct were this afternoon's biggest risers after it was announced that the sportswear retailer has teamed up with MySale, the flash sale fashion retailer, to launch in Australia and New Zealand.

London close: Sports Retail leads rebound on FTSE

Monday 14 Jul 2014

London's blue chips got the week off to a strong start, rising fairly steadily throughout the day, with just a modest decline in the final minutes of trade to end the day 55.97 points higher at 6,746.14.

FARNBOROUGH - Boeing 737 closes in on Airbus A320 with $3.1bn Monarch deal

Monday 14 Jul 2014

The UK's Monarch Airlines is close to sealing a $3.1bn deal with Boeing for 30 of its upgraded 737 aircraft, helping the US jet maker to close a gap with Airbus.

Tullow plugs and abandons Ethiopian well

Monday 14 Jul 2014

Tullow Oil disappointed the market on Monday with the news that one of its exploration wells onshore Ethiopia had failed to find commercial oil.

China charges investigators linked to GSK

Monday 14 Jul 2014

Two foreign investigators linked to pharmaceutical giant GlaxoSmithKline (GSK) have been charged by prosecutors in Shanghai.

FARNBOROUGH - GKN wins "multi-million pound" deal from Bombardier

Monday 14 Jul 2014

FARNBOROUGH - GKN wins "multi-million pound" deal from Bombardier

Monday 14 Jul 2014

US pre-open: Citigroup earnings give futures a lift

Monday 14 Jul 2014

Better-than-expected results from banking giant Citigroup gave US stocks a big boost on Monday morning ahead of the opening bell in New York.

Eurozone industrial production declines

Monday 14 Jul 2014

Eurozone industrial production declined less-than-expected in May, according the estimates published on Monday by Eurostat.

Sports Direct teams up with MySale to launch operations Down Under

Monday 14 Jul 2014

The share prices of Sports Direct and MySale gained on Monday after it was announced that the sportswear retailer has teamed up with the flash sale fashion retailer to launch in Australia and New Zealand.

Quindell's shares rocket after doubling first-half revenue

Monday 14 Jul 2014

Quindell’s shares surged after saying first-half revenue more than doubled, boosted by sales at its services and solutions units.

Europe midday: Stocks little changed as ECB's Draghi speaks

Monday 14 Jul 2014

Euro-area stocks were little changed as investors awaited a speech from European Central Bank President (ECB) Mario Draghi.

London midday: Sports Direct, Shire lead UK stocks higher

Monday 14 Jul 2014

Sports Direct and Shire were leading UK stocks higher on Monday as markets continued to rebound after a heavy sell-off last week.

FARNBOROUGH - Boeing says troubled 787 programme "stabilising"

Monday 14 Jul 2014

US aircraft giant Boeing says its troubled 787 Dreamliner programme is getting more steady after battery fires and manufacturing glitches as it announced a 200-seat version of its 737 MAX 8.

Europe open: Stocks rise ahead of Draghi speech

Monday 14 Jul 2014

Stocks in the euro-area rallied as European Central Bank (ECB) President Mario Draghi prepared to testify at the European Parliament.

Rolls-Royce's Trent 7000 engine selected for Airbus A330neo

Monday 14 Jul 2014

Rolls-Royce on Monday announced that Airbus, the European plane manufacturer, had selected the newly launched Trent 7000 engine as the exclusive engine for the new Airbus A330neo.