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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.
Tuesday 15 April 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Tuesday 15 April 2014
A  RISE in food and retail stocks, seen as “defensive” plays with investors worried by tensions in Ukraine, enabled Britain’s top equity index to inch higher yesterday.
Tuesday 15 April 2014
US STOCKS closed higher yesterday as Citigroup’s earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties.
Monday 14 April 2014
Red tape is rightly held up as a barrier to growth – but what if regulation could be a springboard for greater profits in the same way M&A can be?
Monday 14 April 2014
Tesco’s having a second stab in the US, announcing this afternoon the first franchise stores of its clothing business F&F across the pond.
Monday 14 April 2014
Narendra Modi looks likely to become India’s next Prime Minister - polling in recent months has indicated that his party and its umbrella coalition (the NDA) are set to win the current election.
Monday 14 April 2014
Miner trader Glencore Xstrata has today agreed to buy Chad-focused oil company Caracal Energy for around $1.3bn (£780m), usurping a potential deal between Caracal and Canada’s TransGlobe Energy.
Monday 14 April 2014
Peugeot Citroen has decided to offer drivers less, in the hope that fewer, better models will help to boost its sales.
Monday 14 April 2014
US stock futures edged higher today, following an optimistic set of results from Citigroup, which offset fears over the Ukraine situation - at least for the time being.
Monday 14 April 2014
European politicians are set to vote tomorrow on a controversial new measure to crack down on high-frequency trading (HFT) – firms t
Monday 14 April 2014
Citi today reported a rise in first quarter profits – but as revenues dipped, the rise in profits is more based on falling costs than improved incomes.
Monday 14 April 2014
Liberum Capital has recently had quite the honour bestowed upon it. The stockbroker, based usually in the heart of the City at Ropemaker Place, is taking to the skies - kind of. Flybe has named one of its planes after it.   
Monday 14 April 2014
Demand for the lustrous metal has seen gold prices hit a three week high, with geopolitical risks seeing investors move towards the safe-haven asset.
Monday 14 April 2014
It turns out Londoners are becoming quite attached to the Shard.
Monday 14 April 2014
E-cigarettes may be facing their greatest challenge yet, as elements of the World Health Organisation (WHO) have suggested plans to regulate the electronic devices as stringently as conventional tobacco, according to leaked documents
Monday 14 April 2014
Rising tensions in Ukraine are expected to hit European equities this morning.
Monday 14 April 2014
THE UKRAINIAN government has launched a full-scale anti-terrorist operation in the country, after pro-Russian forces moved into half a dozen towns in eastern Ukraine.
Monday 14 April 2014
LARRY Fink, the founder and boss of BlackRock – which controls $4 trillion (£2.4 trillion) – has urged UK firms on the fund manager’s books to invest in capital expenditure to boost long-term growth.
Monday 14 April 2014
Asian markets are experiencing partial retreats after Friday saw sliding shares on Wall Street and tensions escalate in Ukraine over the weekend.
Monday 14 April 2014
LONDON house prices are set to rise 54 per cent over the next six years, leaving the rest of the UK’s property market even further behind, new research claims.
Monday 14 April 2014
EVERY region in the UK is growing strongly, with London the driving force, an influential survey published by Lloyds shows today.
Monday 14 April 2014
ON the face of it at least, all is going swimmingly well for the British economy.
Monday 14 April 2014
BRITAIN is cutting income taxes faster than almost any other advanced nation, figures from the Organisation for Economic Co-operation and Development (OECD) showed over the weekend.
Monday 14 April 2014
CENTRAL banks are gaining so many new powers that it is time to consider ending their independence from government control, International Monetary Fund (IMF) boss Christine Lagarde indicated yesterday.
Monday 14 April 2014
FINANCIAL TIMES
Monday 14 April 2014
THE TAXMAN suspects Britain’s biggest companies of underpaying taxes to the tune of £18.8bn in the last year, though this figure is down 12 per cent on the previous year in a sign that firms are being less aggressive with their financial planning.
Monday 14 April 2014
PAY WILL finally rise faster than inflation this year, at last ending the long squeeze on British incomes, an influential group of economists has predicted today.

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