News

Wednesday 17 December 2014
The Federal Reserve's policy statement shows it's inching closer to an interest rate hike. Here are some of the key takes.
Man Investments logo
Wednesday 17 December 2014
Man Group, a London-listed hedge fund manager, will buy Connecticut-based Silvermine Capital Management for $70m (£45m).
President Obama
Wednesday 17 December 2014
US President Barack Obama has just announced the end of the longest-standing trade sanctions in US history, as part of a ground-breaking thaw in relations with Cuba.   
Wednesday 17 December 2014
Following days of losses, the rouble strengthened against the dollar this afternoon after Russia's central bank outlined a range of measures to boost the countrys ailing banking sector.
George Osborne
Wednesday 17 December 2014
The chancellor has announced the government will sell more shares in Lloyds Banking Group within the next six months.
Wednesday 17 December 2014
Shares in insurer Catlin whizzed up 10 per cent today after the group said it is in talks with XL Group over a possible takeover which would value it at $3.9bn (£2.5bn).
The Queen
Wednesday 17 December 2014
Bookmakers Coral has suspended betting on whether the Queen will announce her abdication in her Christmas Day broadcast after a number of “unusual” bets were placed today.   
Oil field
Wednesday 17 December 2014
The precipitous fall in the oil price has resulted in sharp declines in share prices around the world, but the long-term effect of a lower oil price is to reduce the amount of cash in the pockets of oil producers and increase the amount availabl
Analyst, relaxing
Wednesday 17 December 2014
What skills got people hired in 2014? LinkedIn has dug through its data for this year and found what gets employers salivating.
Wednesday 17 December 2014
Britain's small businesses are missing huge opportunities by failing to adapt adequately to the digital age, according to research published today.
London sunbather
Wednesday 17 December 2014
The year ahead looks likely to be the warmest on record – with data going back to the Victorian era - according to the Met Office.   
Wednesday 17 December 2014
A 19-bedroom Mayfair mansion that's just been sold with an asking price of £45m may have just made the government £5.3m.
Dov Charney
Wednesday 17 December 2014
American Apparel has finally said farewell to its founder and former chief executive Dov Charney, and appointed its first female chief executive in his place.  
wages and inflation
Wednesday 17 December 2014
Unemployment is down again, but the real news is that wages sneaked above inflation in October, back when inflation was up at 1.3 per cent.
Rupert Murdoch
Wednesday 17 December 2014
The figures
Vladimir Putin
Wednesday 17 December 2014
It’s Christmas. The time of year when we’re all supposed to be a little more caring, charitable and considerate of those not feeling so swell.  
Parliament
Wednesday 17 December 2014
MPs rarely set the moral standard for the rest of us with fraudulent expenses claims, licentious behaviour and tasteless tweets galore.
People queueing for a job post
Wednesday 17 December 2014
Is this a Christmas miracle? After six years of decidedly lacklustre wage growth, the Office for National Statistics' final labour report of the year has shown wage growth is finally beginning to pick up some speed.
Kalanick at the signing ceremony
Wednesday 17 December 2014
Internet giant Baidu - the Chinese equivalent of Google - has confirmed plans to buy a stake in Uber.
Sharon White
Wednesday 17 December 2014
Ofcom has appointed Treasury official Sharon White as its new chief executive.   
British paratrooper
Wednesday 17 December 2014
Babcock, the company charged with decommissioning Britain’s aging nuclear power plants, has bought the Defence Support Group (DSG) for £140m.
Wednesday 17 December 2014
Tui Travel has completed its merger with its German parent company Tui AG. Tui AG shares will be admitted to the London Stock Exchange with effect from 8:00am. From today, Tui AG shares will also trade on the Frankfurt Stock Exchange.
Carphone warehouse
Wednesday 17 December 2014
Dixons Carphone has got off to a good start.
Wednesday 17 December 2014
European markets are set to open lower today as eyes turn to the Federal Reserve's monthly meeting.
Wednesday 17 December 2014
Russia's economic situation spiralled out of control yesterday as its central bank’s shock decision to raise interest rates to 17 per cent failed to prevent a further collapse in the rouble.
Wednesday 17 December 2014
Departing City watchdog Clive Adamson yesterday told MPs that a botched media leak from earlier this year was the “most serious incident” the regulator has ever faced.
Wednesday 17 December 2014
INFLATION in the UK has dropped to its lowest figure for over a decade and economists believe it will decline further still.
Wednesday 17 December 2014
Roberto Quarta has told the industrial group IMI that he will step down as chairman by the middle of next year in order to take up a similar role at WPP, the marketing services giant.
Wednesday 17 December 2014
RUSSIA’S currency crisis, dubbed Black Tuesday, yesterday sparked memories of the UK’s own foray into drastic rate hikes – when sterling crashed out of the Exchange Rate Mechanism (ERM).
Wednesday 17 December 2014
WILLIAM Hague has set out plans to introduce English votes for English laws, under further devolution of powers to regions of the UK.
Wednesday 17 December 2014
A vigil was held last night by Pakistani female activists of the Muttahida Qaumi movement in memory of the victims of a Taliban attack on a school in Peshawar.
Wednesday 17 December 2014
TRAVEL site Lastminute.com, founded at the height of the dot.com boom in 1998, has been sold to Bravofly Rumbo Group in a £76m deal.
Wednesday 17 December 2014
The Co-operative Bank was the only lender to fail the Bank of England’s stress tests yesterday. As a result, it is accelerating its plan to sell off or run down a £6.6bn book of bad loans from the pre-crash era.
Wednesday 17 December 2014
BIG BANKS could face tighter controls on their in-house calculations of the riskiness of their loans and the size of their capital buffers, the Bank of England warned yesterday.
Wednesday 17 December 2014
The boss of Imagination tells Ollie Gordon how he discussed tech with Elizabeth II
Wednesday 17 December 2014
AMERICAN private equity giant Cerberus has agreed to buy two portfolios of distressed property loans for £2.3bn as it looks to up its exposure to the UK and Irish markets, it emerged yesterday.
Wednesday 17 December 2014
JEFFERIES is looking for buyers for Bache, its troubled commodity futures business, the investment bank said yesterday as it reported losses in the fourth quarter.
Wednesday 17 December 2014
Car repair business the AA has reported revenue of £245m for its subsidiary AA Intermediate Co in the three months to 31 October, narrowly up from £244m in the same period of last year.
Wednesday 17 December 2014
Tesco has enjoyed its best quarterly sales performance since June, according to the latest industry data, giving investors in the troubled supermarket chain some reason to cheer following last week’s profit warning.
Wednesday 17 December 2014
Wonga is capping interest rates on its loans at 0.8 per cent per day and is limiting the amount of debt its borrowers can rack up, the troubled payday lender announced yesterday.
Wednesday 17 December 2014
SHOPPERS splurged £12.1bn online last month thanks to the sales frenzy surrounding Black Friday weekend, marking a record spike in November sales.
Wednesday 17 December 2014
Global growth is experiencing an end-of-year cooling despite plummeting global oil prices, a raft of data has shown.
Wednesday 17 December 2014
THE CITY’S former top regulator Sir Hector Sants is advising Abu Dhabi Global Market (ADGM) on the establishment of a new finance hub in the emirate.
Wednesday 17 December 2014
UK HOUSE price growth slowed in October, official figures revealed yesterday, with the cost of housing in London falling compared to earlier in the year.
Wednesday 17 December 2014
SPANISH firm Repsol has agreed to buy Canadian oil company Talisman Energy for $8.3bn (£5.3bn), the equivalent of $8 per share. This price represents a 60 per cent premium to last month’s share price.
Wednesday 17 December 2014
INTERCONTINENTAL Hotels Group (IHG) said yesterday it has agreed to buy an American chain of boutique hotels for $430m (£273m).
Wednesday 17 December 2014
INSURANCE broker Jelf has bought Yorkshire-based Beaumonts Insurance Group for £10.1m, with a further £8.28m to follow if certain performance targets are hit.
Wednesday 17 December 2014
ENERGY regulator Ofgem has approved £1.1bn in funding for a new subsea power transmission cable in northern Scotland.
Wednesday 17 December 2014
HITECVISION, a Norwegian private equity firm focused on the offshore oil and gas industry, yesterday launched new oil service conglomerate Global Maritime Group by merging five companies in its portfolio.

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