European stocks futures have been steadying further this morning after the extreme volatility seen at the beginning of the week.
Equities are expected to open slightly lower, following a record finish in the US yesterday.
Asian shares are rising modestly after remarks by President Putin eased fears of an imminent military strike, saying force would be used as a last resort, adding: “It will be legitimate, fully corresponding to the norms of international law.”
MORE than one million first time buyers have jumped on the property ladder in the five years since the Bank of England cut interest rates to 0.5 per cent, raising fears that borrowers are unprepared for a rate rise in the years to come.
RUSSIAN-state owned utility Gazprom will strip Ukraine of its discount for gas prices from April, it said yesterday, as chief executive Alexey Miller claimed the country owes debts of $1.529bn (£920m) to his company.
IMMIGRANTS are good for jobs. Yes, you’ve read that right: even though much of the public believes that migrants depress the labour market, the truth is that foreign entrepreneurs are actually responsible for a great number of British jobs.
BRITAIN’S biggest banks have cut their headcount by 200,000 since the crisis, their latest figures show, and expect to cut at least 50,000 more over the coming years as new technologies reduce the need for front-line staff.
SHOP prices fell at the fastest pace on record in the year to February, with weak increases in food prices failing to stem the sharper decline in the cost of non-food items, according to an index of retailers released today.
IF YOU happen to visit Brit Insurance’s website, take a look at the top left corner. Just above the title text you’ll find options to view the page in both Chinese and Japanese – a rare sight on a Lloyd’s member’s homepage.
PROFITS tumbled at interdealer broker Tullett Prebon in 2013 as weak market volumes and falling demand from banks hit revenues.
Tullett made £99.6m in the year, down 10.5 per cent on 2012’s pre-tax profits.
THE LATEST figures from the YouGov/Cebr consumer confidence index show that the economic recovery is finally starting to move from a headline to a concrete reality for greater numbers of ordinary people.
FRESNILLO’S share price nosedived nine per cent in early trading yesterday, after the Mexico-focused miner reported a 64.4 per cent decline in full-year profits due to legal issues and lower metal prices.
GERMAN power giant RWE, which owns UK firm Npower, yesterday posted its first annual loss in more than 60 years due to writedowns, as increased renewables capacity hit the profitability of its power plants.
DUBAI luxury real estate developer Damac – which is building the Trump Estates that has interiors designed by Ivanka Trump – tripled its 2013 net profit and plans more new projects this year, it said yesterday.
MONEYSUPERMARKET has made its investors richer after strong trading in the last year.
Revenues rose 10 per cent to £225.6m while earnings jumped 26 per cent to £84m. Profits after tax were up 40 per cent to £34.7m.