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Wednesday 23 February 2011
FEBRUARY has been the busiest month for European sovereign debt issuance since March 2010, according to data from Thomson Reuters.
Wednesday 23 February 2011
PROPERTY developer Minerva remained tight-lipped over possible tenants for its Walbrook and St Botolph developments yesterday, as it reported a 6.2 per cent rise in net asset value.
Wednesday 23 February 2011
STOCKS in developed markets have rallied in the opening weeks of this year, driven by more optimistic forecasts from the US and Europe.
Wednesday 23 February 2011
AMERICAN consumers are the most upbeat they have been since February 2008 as the US economy continues to rebound, official data showed yesterday.
Wednesday 23 February 2011
THE euro held up against the dollar yesterday, as chaos in Libya was offset by hawkish rhetoric from a senior European Central Bank official.
Wednesday 23 February 2011
PUBLIC finances could save £16bn a year if the government reduced state entitlements for older people, the Institute of Economic Affairs (IEA) will announce today.
Wednesday 23 February 2011
PETER HESKETH | INSURANCE BROKER “I strongly believe pensioners who need benefits should get them. But there are those who just don’t need them and so in some cases they should be revised and means tested.”
Wednesday 23 February 2011
Over nine out of ten shoppers expect further food price inflation in the next 12 months, grocery research firm IGD said yesterday. Price pressure are increasingly feared by consumers, its survey showed.
Wednesday 23 February 2011
German consumer confidence has risen for the ninth straight month, the widely regarded Gfk survey revealed yesterday.
Wednesday 23 February 2011
Business morale in Belgium continued to rise this month, its central bank said yesterday. The headline business confidence index surprised economists by leaping from 4.5 last month to 5.8 in February – its highest level since July 2007.
Wednesday 23 February 2011
CAR dealership group Pendragon said yesterday its profit had doubled after axing more than 600 jobs.
Wednesday 23 February 2011
ONLINE grocer Ocado’s shares are still being shorted aggressively despite enjoying record highs this month, according to figures seen by City A.M.
Wednesday 23 February 2011
US electricals giant Best Buy yesterday reaffirmed its determination to succeed in the UK market despite pulling out of China and Turkey.
Wednesday 23 February 2011
Kerry Group yesterday reported pre-tax profits of €392.8m (£332.2m) for the year to 31 December.
Wednesday 23 February 2011
The biggest union representing British Airways cabin crew said yesterday it will re-ballot members over strike action saying it feared a recent vote may be invalid.
Wednesday 23 February 2011
The Financial Services Authority (FSA) has fined DB Mortgages, part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears.
Wednesday 23 February 2011
APPLE may face production delays that could push back the launch of both its iPad 2 and iPhone 5.
Wednesday 23 February 2011
RISING petrol prices have stalled BP’s recovery from the Macondo oil spill.
Wednesday 23 February 2011
NEW Sage boss Guy Berruyer says confidence is returning to small and medium enterprises (SMEs) but that those in western Europe are struggling to get hold of funds compared to their US counterparts.
Wednesday 23 February 2011
Google said yesterday it is working with the European Commission to address competition concerns after a rival renewed complaints of anticompetitive behaviour.
Wednesday 23 February 2011
Publishing and conference group Informa posted a 1.5 per cent rise in earnings for the year, broadly in line with analysts’ expectations, and said it was well placed to grow as the global economy improved.
Wednesday 23 February 2011
Software firm Misys said the majority of its shareholders had chosen to have their shares redeemed as part of a scheme to return to investors some of the proceeds from the sale of its stake in Allscripts-Misys.
Wednesday 23 February 2011
CONSTRUCTION group Morgan Sindall painted a bleak picture of the UK building market yesterday but said it plans to increase its share of the shrinking market in 2011.
Wednesday 23 February 2011
SWISS watch exports rose 16.9 per cent from the same period a year earlier to SwFr1.1bn (£723m) in January, the watch industry federation FH said yesterday.
Wednesday 23 February 2011
BRITISH chemicals firm Croda International yesterday posted a higher full-year profit, boosted by strong demand for consumer and industrial products, raised its dividend and said it plans to buy back shares.
Wednesday 23 February 2011
DYNEGY’S top management have announced their resignations after failing to sell the company for the second time in a year.
Wednesday 23 February 2011
Drax, the operator of Britain’s largest coal-fired power station, reported higher revenue for the full-year as the cold weather boosted power sales, but warned rising coal prices could pressure margins.
Wednesday 23 February 2011
British energy support services firm Hargreaves Services has posted a near 10 per cent rise in first-half pre-tax profit driven mainly by higher commodity prices, and said it was on track to meet its full-year profit targets.
Wednesday 23 February 2011
Dragon Oil’s profit soared 49 per cent in 2010 on higher oil prices as the Turkmenistan-focused company said it had widened its scope for potential acquisitions to include West Africa.
Wednesday 23 February 2011
Hawkpoint Partners
Wednesday 23 February 2011
BP
Tuesday 22 February 2011
The FTSE rallied valiantly this afternoon on the back of strong US consumer confidence data, after incurring a morning of losses from concern over the ongoing Libya crisis.
Tuesday 22 February 2011
US consumers are more confident than at any time in the last three years thanks to better prospects for the economy and jobs, new data has shown.
Tuesday 22 February 2011
Asda sales bounced back at the end of last year it had lost ground to some of its rivals. The grocery giant, second in size only to Tesco, saw its market share slip last year. But sales in the fourth quarter rose 1.6 per cent.
Tuesday 22 February 2011
US single-family home prices fell for the sixth month in a row in December, bringing them closer to the low seen in 2009, a closely watched survey has found.
Tuesday 22 February 2011
Publishing and conference group Informa has delivered a 1.5 per cent rise in earnings for 2010 and gave an upbeat outlook for 2011 as the global economy improves.
Tuesday 22 February 2011
Britain showed a bigger than expected seasonal surplus on its January public sector net borrowing measure, after unusually strong annual growth in income tax receipts, official data showed.
Tuesday 22 February 2011
Moody's Investors Service warned that it may cut Japan's sovereign rating if government policies fall short of comprehensive tax reform needed to bring ballooning public debt under control.
Tuesday 22 February 2011
Construction group Morgan Sindall posted a full-year pretax profit below expectations as the challenging market environment continued to impact its performance.
Tuesday 22 February 2011
UK airports operator BAA has reported a pre-tax loss of £317m for 2010 – a year blighted by volcanic ash, strikes and snow.
Tuesday 22 February 2011
Libya teetered close to all-out civil war last night as Colonel Muammar Gaddafi appeared to be losing his grip on power.
Tuesday 22 February 2011
OIL-GIANTS BP and Shell yesterday evacuated staff from Libya, as pro-democracy riots descended into chaos last night.
Tuesday 22 February 2011
DAVID CAMERON has defended his trip to the Middle East with eight leading British defence firms, as pro-democracy protests sweep the region.
Tuesday 22 February 2011
THE GOVERNMENT has retreated from plans to tax deferred bank bonuses. New rules would have forced bankers to pay tax when a reward package was agreed, rather than when they cashed in on their bonus.
Tuesday 22 February 2011
VILE, despicable, inhumane: such words only barely begin to describe Muammar Gaddafi’s savagery as he desperately clings to power, battling a rising tide of popular revulsion. Like all fascists, human life is worthless to him.
Tuesday 22 February 2011
BHP BILLITON yesterday agreed to buy US shale gas assets from Chesapeake Energy Corporation for $4.75bn cash, in its first acquisition since a series of failed major deals.
Tuesday 22 February 2011
FINANCIAL TIMES
Tuesday 22 February 2011
Singapore’s state investment company Temasek Holdings has appointed a new head for its China operation, as it moves to boost its presence in the country.
Tuesday 22 February 2011
Letters have been sent to executives at the failed Washington Mutual Bank warning of legal actions and potential damages of over $1bn (£616.3m).
Tuesday 22 February 2011
DIGITAL Sky Technologies (DST) is understood to be close to finalising a $100m (£61.7m) investment in Spotify that would value the music streaming site at $1bn.

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