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COMMENT

Tuesday 15 April 2014
European markets are expected flat to mixed this morning, following yesterday’s turnaround on the back of a strong retail sales reading from the US, which quelled fears over the situation in Ukraine.
Tuesday 15 April 2014
Debenhams has just announced a fall in half-year pre-tax profit of 24.5 per cent, to £85.2m.
Tuesday 15 April 2014
Foster's brewer SABMiller has reported a rise in net producer revenue of three per cent for the year to 31 March.
Tuesday 15 April 2014
Asian shares are in retreat as tensions in Ukraine and the credit slowdown in China tempered investors optimism after improved US economic data.
Tuesday 15 April 2014
THE RAPID increase in Chinese demand for gold is set to continue even as the economy’s growth moderates, according to forecasts released by the World Gold Council this morning.
Tuesday 15 April 2014
FOREIGN secretary William Hague has accused Russia’s President Putin of a “gross, deliberate and premeditated violation of the independence and sovereignty of Ukraine,” after pro-Russian forces ignored warnings to leave areas of eastern Ukraine.
Tuesday 15 April 2014
TESCO is having a second stab at the US market, announcing plans yesterday to open the first franchise stores of its clothing business F&F across the pond.
Tuesday 15 April 2014
TECHNOLOGY giant Google has snapped up Titan Aerospace, a start-up that develops drones, for an undisclosed sum.
Tuesday 15 April 2014
EUROPEAN politicians are today expected to approve new measures to restrict high frequency trading firms (HFTs), which use super fast data connections to profit from movements in security prices.
Tuesday 15 April 2014
IN the dreadful communist days, Ukraine and Poland used to be equally poor. The former was part of the Soviet Union, and Poland was one of the USSR’s satellite nations, belonging to the Warsaw pact.
Tuesday 15 April 2014
FINANCIAL TIMES
Tuesday 15 April 2014
US STOCKS closed up last night as healthy retail sales data for March boosted confidence in the world’s largest economy.
Tuesday 15 April 2014
GLENCORE Xstrata yesterday swooped for Chad-focused oil company Caracal Energy, offering $1.3bn (£780m) to beat off a rival bid from Canada’s TransGlobe Energy.
Tuesday 15 April 2014
BARCLAYS is set to hire City heavyweight Crawford Gillies to chair the board’s remuneration committee in a move that could defuse a simmering row over bankers’ pay.
Tuesday 15 April 2014
UK RETAIL sales fell in March as cash-strapped shoppers cut back again on spending on areas including food and furniture, industry figures reveal today.
Tuesday 15 April 2014
BOND traders at banks have had it easy for decades – a rising market makes it pretty simple to make money. On core instruments like US Treasuries, yields have been falling and prices rising steadily for years.
Tuesday 15 April 2014
CITIGROUP’S shares soared yesterday as the bank reported a surprise rise in profits for the first quarter of the year. Profits rose four per cent on the year to $3.9bn (£2.3bn), despite revenues dipping one per cent to $20.1bn.
Tuesday 15 April 2014
A TRIO of former workers at interdealer broker ICAP are due in court today over claims they were involved in efforts to manipulate key interest rate benchmark Libor.
Tuesday 15 April 2014
TRADITIONALISTS at the Co-operative were under fire from workers yesterday, as Unite the Union backed major reforms to the mutual’s governance structure.
Tuesday 15 April 2014
GLAXOSMITHKLINE is facing a criminal investigation in Poland for allegedly bribing doctors to promote one of its drugs, it emerged yesterday.
Tuesday 15 April 2014
G4S’s CHIEF executive was paid £1.46m last year, including a £648,000 bonus, as the board praised Ashley Almanza’s efforts to turn around the troubled outsourcing firm since Nick Buckles’ departure last May.
Tuesday 15 April 2014
EXCHANGES giant CME Group hopes to channel another $160bn (£95.6bn) per day of currency trades through its marketplaces when it sets up a new European unit this month.
Tuesday 15 April 2014
THE FREEZE in fuel duty will boost the economy by up to £7.5bn, a new government report calculated yesterday, arguing that cheaper petrol prices will lead to higher spending and increased investment.
Tuesday 15 April 2014
A MAN has died and another was injured after part of a building collapsed at 20 Grosvenor Square in central London yesterday.
Tuesday 15 April 2014
SHARES in French Connection leapt nearly 11 per cent yesterday, reaching their highest level in almost three years after the fashion group posted a strong start to the year.
Tuesday 15 April 2014
SHERLOCK, Doctor Who and Life on Mars will soon become available on Amazon Prime Instant after the online retail giant signed a deal to add top BBC shows to its revamped video streaming subscription service, formerly known as LoveFilm.
Tuesday 15 April 2014
THE EUROZONE’S industry grew at a faster pace than analysts expected in February, climbing by 1.7 per cent from the same month in 2013 as the currency union continued its modest recovery.
Tuesday 15 April 2014
THE GREEK government’s spending and tax revenue came in close to target for 2013 but the country’s deficit remains significant, despite positive headlines following last week’s successful bond issues.
Tuesday 15 April 2014
TRADERS have ramped up their bets on sterling, with a big jump in the number of hedge funds taking long positions in the pound in expectation of a rate hike, US data shows.
Tuesday 15 April 2014
TWO MORE wealth managers joined the growing trend for consolidation in the sector yesterday after Brooks Macdonald and Rowan Dartington struck deals to buy offshore rivals.
Tuesday 15 April 2014
INSURER Aviva yesterday sold its 47.3 per cent stake in the insurance unit of South Korea’s largest financial group but said it remained committed to the Asian region.
Tuesday 15 April 2014
OLD Bond Street, home to London’s jewellers and luxury brands, has held onto its title as the most expensive shopping street in Europe, according to a survey out yesterday.
Tuesday 15 April 2014
LONDONERS are growing fonder of the Shard despite western Europe’s biggest skyscraper initially sparking mixed feelings among inhabitants in the capital.
Tuesday 15 April 2014
BANCA Monte dei Paschi di Siena may need to raise up to €5bn (£4.13bn) through an upcoming capital hike, rather than the €3bn originally planned, Italian news agency ANSA reported yesterday.
Tuesday 15 April 2014
GATWICK Airport brought in 5.1 per cent more passengers in March, as European and long-haul routes both delivered double-digit growth.
Tuesday 15 April 2014
MORE than four in ten Brits expect to buy a car in the next two years, while motorists elsewhere in Europe are even more upbeat with half hoping to splash out, research out today claims.
Tuesday 15 April 2014
QUINTAIN Estates has become the latest developer to move into the private rental sector after forming a joint venture yesterday to build 475 homes for rent in Wembley.
Tuesday 15 April 2014
GRAPHENE maker Haydale Graphene Industries made its debut on the Alternative Investment Market yesterday but weak investor demand saw its shares close below their offer price.
Tuesday 15 April 2014
Travel concessions group SSP has recruited three top executives to its board, paving the way for a potential £2bn initial public offering this summer.
Tuesday 15 April 2014
Legal & General has announced Mike Fairey will retire from the board after three years’ service. The former second in command at Lloyds Bank has over 35 years experience in the City, having started his career at Barclays in 1967.
Tuesday 15 April 2014
F&C Commercial Property Trust yesterday said it was on course to buy four office blocks in Aberdeen.
Tuesday 15 April 2014
PSA PEUGEOT Citroen, the loss-making French car company, is slashing the number of models it makes from 45 to 26 as part of its recovery plan.
Tuesday 15 April 2014
A SENIOR partner at magic circle law firm Linklaters will join the board of Mexico-focused miner Fresnillo, replacing Lord Cairns. Cairns plans to step down at the FTSE 100-quoted miner’s annual meeting in May.
Tuesday 15 April 2014
FRENCH energy giant Total yesterday said it has decided to develop an offshore project in Angola, after reducing costs to $16bn (£9.6bn).
Tuesday 15 April 2014
CONSUMER electronics firm Sharp saw shares slump yesterday morning after a local Japanese newspaper reported the company is considering issuing shares to raise around ¥200bn (£1.2bn) to bolster its finances.
Tuesday 15 April 2014
Mount Anvil The property developer has appointed Jon Hall as sales and marketing director. He joins from Berkeley Homes, where he has been a sales and marketing director since 2011. Hall has also held roles at St Modwen Properties.
Tuesday 15 April 2014
Nigerian oil company Seplat started unconditional dealings on the stock exchanges in London and Lagos yesterday, having raised £300.9m in its initial public offering.
Tuesday 15 April 2014
Smart Metering Systems, the Aim-listed electricity metering services company, yesterday said it has bought Utility Partnership for £14m.
Tuesday 15 April 2014
Oil and gas explorer San Leon Energy yesterday said it has decided not to go ahead with projects in Turkey and will invest in shale gas interests in Poland’s Baltic Basin instead.

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