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Thursday 30 October 2014
FERRARI is set to float on the stock market next year after its owner Fiat-Chrysler unveiled plans to spinout the iconic car-maker as a publicly listed company.
Thursday 30 October 2014
Chancellor George Osborne yesterday expressed confidence that he would win a reduction in the £1.7bn bill that the UK had been asked to pay by Brussels.
Thursday 30 October 2014
DEUTSCHE Bank’s turnaround efforts are being hindered by mounting litigation costs, as the giant investment bank’s profits are increasingly being used to pay the bills.
Thursday 30 October 2014
RETAIL investors will be allowed to buy building societies’ more complex capital instruments, but not those of banks, the Financial Conduct Authority (FCA) proposed in a consultation yesterday.
Thursday 30 October 2014
The Yorkshire Building Society failed to help struggling borrowers when they came to it to discuss their financial problems, the City watchdog said yesterday.
Thursday 30 October 2014
Outsourcing company Capita yesterday suffered its worst one-day fall in six years after it lost out on £450m worth of government probation contracts.
Thursday 30 October 2014
Payday loan brokers are stinging vulnerable customers with enormous hidden charges, the Financial Ombudsman Service warned yesterday.
Thursday 30 October 2014
Insurer Standard Life stated yesterday that it was well placed to deal with changes to UK pension laws, despite reporting a 55 per cent reduction in annuity sales for the year to date (YTD).
Thursday 30 October 2014
EAMONN FLANAGAN | SHORE CAPITAL
Katherine Garrett-Cox
Thursday 30 October 2014
Alliance Trust yesterday revealed it was cutting five fund managers as part of a plan to save £2m per year.
Thursday 30 October 2014
THE HOUSING market has displayed further signs of cooling, with the number of mortgage approvals dropping to a 14-month low in September.
Thursday 30 October 2014
MOST finance firms now have an internal auditor on their executive boards, signalling the respect with which they are held, according to a study by the Insti­tute of Internal Auditors (IIA) out today.
Thursday 30 October 2014
HEATHROW airport has seen passenger numbers rise, helping it to achieve an 8.2 per cent increase in revenue for the third quarter, the company said in a statement yesterday.
Thursday 30 October 2014
London bus contracts have boosted revenue at Stagecoach by 14.5 per cent, the company said in a trading update yesterday.
Thursday 30 October 2014
DUBLIN-BASED C&C Group continued to see its share price tumble yesterday as it defended its bid to buy Spirit Pubs. The company argued that it needs greater scale to battle competition in England as its profits dropped sharply.
Thursday 30 October 2014
Sports TV giant Sky yesterday ramped up its drive to attract a younger audience by taking a stake in online channel Whistle Sports.
Thursday 30 October 2014
Buyout company Carlyle Group was undone by its non-buyout interests last quarter despite a boost from its $3bn (£1.86bn) sale of headphone maker Beats.
Thursday 30 October 2014
HERSHEY
Thursday 30 October 2014
Four London floats, over £260m of investment raised and just 10 months later, Gerard Grech is hunting for the UK’s top tech stars to join his new cohort.  
Thursday 30 October 2014
Shares in French oil company Total continued to climb yesterday, by 1.98 per cent, as the company reported that its third-quarter numbers had beaten expectations, despite showing reduced income and sales.
Thursday 30 October 2014
Falling oil prices impacted on Statoil during the third quarter of 2014, with the company reporting a loss of 4.8bn Norwegian kroner (£447m), down from a 13.7bn kroner profit last year.
Thursday 30 October 2014
Shares in Riverstone Energy rose by 1.5 per cent yesterday after its third quarter results revealed a $13.4m (£8.3m) profit.
Thursday 30 October 2014
Mining firm Antofagasta maintained yesterday that it is on track to meet its 2014 production target despite production tumbling across the board in the first nine months of year.
Thursday 30 October 2014
Rule Financial
Thursday 30 October 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Uber
Thursday 30 October 2014
The development of ride-sharing taxi-apps like Uber and Lyft has elicited  much controversy. Customers can now have a cab pick them up in minutes with a simple touch of their smartphone.
Thursday 30 October 2014
BRITAIN’S top equity index yesterday rose to its highest level in nearly three weeks on the expect­ation that the US Federal Reserve would signal that it was in no rush to raise interest rates.
Thursday 30 October 2014
US STOCKS closed with slight losses yesterday, finishing off their lows of the session, after the Federal Reserve ended its stimulative monthly bond-buying programme and expressed confidence in American economic prospects.
Paul Krugman
Wednesday 29 October 2014
Rarely far from controversy, Nobel Prize-winning economist Paul Krugman caused quite the stir in his New York Times column a couple weeks back.
Federal Reserve
Wednesday 29 October 2014
The Federal Reserve has announced the end of its monthly $15bn bond-buying programme, adding that its intention is to maintain low interest rates for "considerable time".
CurrentC
Wednesday 29 October 2014
Since its launch last week, Apple Pay has become surprisingly controversial - in fact, various mega-retailers, includin
Wednesday 29 October 2014
Facebook has made mobile pay. That much was made clear after the site revealed mobile adverts now account for 66 per cent of its advertising revenue.
WhatsApp on phone screen
Wednesday 29 October 2014
It may not be making any money yet, but newly Facebook-owned tech darling WhatsApp still has some pretty interesting numbers.
Ebola
Wednesday 29 October 2014
The spread of Ebola may be slowing down in Liberia, according to the World health Organisation (WHO).  
Berlin checkpoint charlie
Wednesday 29 October 2014
It's 25 years since the Berlin Wall came down, arguably one of the most significant moments of the late 20th century.   
Rosneft
Wednesday 29 October 2014
It is a sign of the times for Russian oil companies that a 99 per cent fall in profits "defies expectations", but shares in Rosneft rose this afternoon after it posted figures showing it had avoided making a net loss in the third quarter.
Stressed at work
Wednesday 29 October 2014
When work gets too intense, it becomes hard to unwind.
OECD
Wednesday 29 October 2014
The OECD just took a step closer to fighting tax evasion on a global scale, with 51 territories agreeing to create “information exchanges” that will help track culprits down. 
Tesco store front
Wednesday 29 October 2014
The Serious Fraud Office has launched a formal criminal investigation into accounting errors at Tesco which led to a £263m profit black hole. Despite that, shares rose 2.6 per cent in mid-afternoon trading.
UK business
Wednesday 29 October 2014
The number of businesses in the UK grew by 4.4 per cent between March 2013 and March 2014 as the recovery gathered pace, according to the Office of National Statistics (ONS) figures published this morning.
Wednesday 29 October 2014
Shares in Orbital Sciences Corp have fallen faster than its Antares rocket in US pre-market trading overnight, dropping as much as 16 per cent after its mission to the International Space Station exploded spectacularly seconds after launch. 
Portfolio Manager
Wednesday 29 October 2014
Having financial expertise does not make you more likely to make the right investment decisions – most of it is just down to common sense, according to a business scholar at a Michigan State University.  
Wednesday 29 October 2014
The rocket that blew up seconds after its launch last night might have been unmanned, but that doesn't mean the
AirFrance-KLM
Wednesday 29 October 2014
Shares in Air France-KLM opened 3.6 per cent lower at €6.41 this morning, after third quarter operating profit fell by half .  
Jack Ma, Alibaba CEO, on stage
Wednesday 29 October 2014
One banker will be keeping his or her mouth shut for a while to come after, let’s say a slight snafu, ended up costing their employer millions of dollars.
Houses for sale
Wednesday 29 October 2014
Mortgage approvals have fallen to a 16-month low, adding further weight to the argument that the housing market is slowing down.   
US Federal Reserve
Wednesday 29 October 2014
What a difference a year makes. This time in 2013, markets across the world were thrown into turmoil as rumours abounded that the US Fed would begin tapering its quantitative easing programme.
Deutsche Bank
Wednesday 29 October 2014
Deutsche Bank has posted a net losses of €92m (£72.6m) for the three months to the end of September, with pre-tax income of €266m.   
Super smash bros
Wednesday 29 October 2014
It’s on like Donkey Kong: Nintendo’s results have smashed expectations in Japan. Analysts had expected a profit of Y5.7bn (£32.7m) for the three months ended 30 September, but instead Nintendo served up Y24.2bn.
Next
Wednesday 29 October 2014
High street retailer Next has warned that profits will be lower than expected for the full year as a result of warm weather, pushing its share price down this morning. 

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