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COMMENT

Thursday 21 August 2014
The invasion of supermarkets into the fashion sector is hot­ting up after hard discounter Lidl announced yesterday it was entering the fray.
Mark Carney
Thursday 21 August 2014
Two policymakers finally split from the Bank of England’s unprecedented unanimity this month, voting for what would be the first interest rate hike in six years.
David Cameron returns from holiday
Thursday 21 August 2014
David Cameron yesterday called the death of American journalist James Foley at the hands of Islamic State (IS) militants “an act of murder without any justification”.
Thursday 21 August 2014
THE FEDERAL Reserve may raise interest rates at a faster pace than currently expected, if the country’s recent rapid growth continues.
Thursday 21 August 2014
IT WAS a case of third time unlucky for Carillion yesterday, as plans for the ambitious mega-merger between it and Balfour Beatty lay in taters.
Brian Moynihan
Thursday 21 August 2014
Bank of America is reportedly set to pay out $17bn (£10.2bn) to US authorities and in consumer relief, in a bid to settle an investigation into sales of mortgage-backed securities before the 2008 crisis.
Ivan Glasenberg
Thursday 21 August 2014
Mining and commodities giant Glen­core kept to its commitment to reward shareholders as it announced a $1bn share buyback yesterday, with shares rising on the news and strong first-half results that saw its profits rise above expectations.
Thursday 21 August 2014
COMPUTER colossus Hewlett-Packard (HP) last night reported an uptick in revenues during the second quarter of the year, with demand for hardware helping to keep the company growing.
Steve Marshall
Thursday 21 August 2014
Balfour Beatty's chairman Steve Marshall has had a lot of practice in fighting tough battles and working to turnaround businesses.
Thursday 21 August 2014
Most homeowners in the south east are worried about the impact of an interest rate hike in the next 12 months, a Halifax study shows today. However, increasing numbers are preparing for the increase by fixing their mortgage payments.
Thursday 21 August 2014
MORTGAGE lending hit its highest level in six years in July, industry data showed yesterday, dampen­ing worries that the housing market was slowing down.
Thursday 21 August 2014
BRITISH households saw no end in sight to the UK’s earnings squeeze this month, despite a significantly improved outlook for employment.
Thursday 21 August 2014
A BOOST to industrial orders this month is bucking expectations for a slowdown in the second half of the year, according to a major UK business body.
Thursday 21 August 2014
A RECORD number of Britons are self-employed, official figures showed yesterday, with older workers particularly likely to work for themselves.
Thursday 21 August 2014
THE ARGENTINIAN government revealed draft legislation yesterday, with measures that would allow Buenos Aires to circumvent the US legal ruling that had brought the country to a technical default.
Thursday 21 August 2014
JAPAN’S exporters recorded a welcome jump in sales this July, with outward trade up by 3.9 per cent since the same month last year, a positive signal after a sales tax hike was brought in by the government earlier this year.
Thursday 21 August 2014
THE EUROZONE’S construction sector recorded another slump in June, driven by a decline in Spain, according to official figures released yesterday.
Thursday 21 August 2014
THE EUROPEAN Parliament is dealing with an unmanageable thicket of new red tape, and should stop planning any rules for the next three years in order to deal with the backlog, KPMG consultants argued in a report published today.
Thursday 21 August 2014
EUROPEAN banks must publish a break down of their financial strength in each country and in each different business unit, the European Banking Authority (EBA) said yesterday.
Thursday 21 August 2014
Copenhagen-listed brewer Carlsberg saw its shares fall as much as 4.6 per cent during trading yesterday after warning its 2014 profit would drop due to the deteriorating Russian market.
Thursday 21 August 2014
Shares in Heineken rose nearly seven per cent yesterday after the Dutch brewing giant played down concerns over Russia and delivered better-than-expected beer sales in the Americas, Africa and the Middle East.
Warren Buffett
Thursday 21 August 2014
Berkshire Hathaway yesterday agreed to pay an $896,000 (£540,000) fine to settle a US government allegations that it violated anti-trust rules by failing to report a transaction that boosted its stake in building products company USG Corp.
Thursday 21 August 2014
Brazil's government yesterday unveiled a flurry of economic measures as the country teetered on the brink of a recession.
Thursday 21 August 2014
JUST a week after Ladbrokes posted a 50 per cent slump in profit during the first half of 2014, in spite of the World Cup betting, its chief executive Richard Glynn received a £1m share award yesterday based on the bookie’s performance.
Snapchat
Thursday 21 August 2014
Ephemeral photo messaging app Snapchat could soon offer more than just pictures and videos as it is reportedly in talks with a host of media companies and advertisers about offering perishable news and ads to users.
Mamas & Papas
Thursday 21 August 2014
Mamas & Papas, the struggling upmarket nursery chain, has hired business advisory firm Deloitte to negotiate a company voluntary agreement (CVA) with landlords as it seeks to shed its onerous leases and turn itself around.
Thursday 21 August 2014
NOKIA lost a key member of its senior management team yesterday, as the Finnish firm continues to realign its strategy following the €5.44bn (£4.3bn) sale of its mobile phone division to Microsoft.
Robin Thicke
Thursday 21 August 2014
Music recognition service Shazam now has more than 100m mobile monthly active users, a 34 per cent jump year-on-year, the London-based tech firm said yesterday.
Thursday 21 August 2014
THE RUSSIAN government closed down four McDonalds outlets in Moscow yesterday, following a round of sanctions against western agricultural products.
Thursday 21 August 2014
Norway's massive sovereign wealth fund yesterday announced that it was likely to hang on to its $8.2bn (£4.93bn) worth of Russian assets des­pite Western sanctions on Moscow.
Thursday 21 August 2014
AFC ENERGY, the fuel-cell power company that counts Chelsea FC billionaire owner Roman Abramovich as a major shareholder, yesterday announced the appointment of Christopher Tawney as its new finance director.
Thursday 21 August 2014
Shares in Gem Diamonds soared yesterday to their highest level in two years after the mining company announced a huge increase in first-half earnings.
Walkie Talkie building
Thursday 21 August 2014
Builders scaled the heights of the Walkie Talkie skyscraper in the City yesterday as work got underway to install “aluminium fins” that will prevent its windows reflecting ultra-bright rays and dazzling passers-by.   
Thursday 21 August 2014
British Land has sold the site of Martha Lane Fox’s Lucky Voice karaoke bar in London for £26m.
Thursday 21 August 2014
Sofa specialist DFS said yesterday it had bought Dwell, the furniture group that was on the brink of collapse last year.
Mitsubishi Miev
Thursday 21 August 2014
China yesterday announced that it had fined Japanese car parts makers a record 1.235bn yuan (£121m) for manipulating prices.
Thursday 21 August 2014
US CAR industry recalls have hit rental company Hertz hard and it has withdrawn its profit guidance for the year, prompting at least two brokerages to downgrade its stock.
Thursday 21 August 2014
Investec Specialist Bank
Thursday 21 August 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Thursday 21 August 2014
BRITAIN’S top share index yester­day retreated from a three-week high, halting a five-day winning streak, with comp­anies trading without the attra­ct­ion of their latest dividend putting pressure on the broader market.
Thursday 21 August 2014
US STOCKS closed yesterday mostly higher, with the S&P 500 just missing a record close, after minutes from the Federal Reserve’s July meeting gave investors reason to believe that the central bank was in no rush to raise interest rates.
Cristina Fernandez de Kirchner
Wednesday 20 August 2014
Argentina may have found a way out of its default debacle, but it could be messy and is unlikely to end in repayments for the holdout creditors.
Janet Yellen
Wednesday 20 August 2014
The Federal Reserve has released the minutes from its 29-30 July meeting on monetary policy.
Job centre
Wednesday 20 August 2014
The rise in the employment rate since 2008 has largely been amongst the self-employed, according to new data from the ONS. 
Wednesday 20 August 2014
In the wake of Russia's ban on some European food products, Poland has asked the European Commission to complain to the World Trade Organisation (WTO).
Nakhla meteorite
Wednesday 20 August 2014
The question of whether there is - or ever was - life on Mars has rumbled on for centuries, but a meteorite that landed on Earth more than 100 years ago could offer scientists new clues about the environment of our neighbouring planet. 
Luis Suarez
Wednesday 20 August 2014
Barcelona will go to the Court of Arbitration for Sport (CAS) in a bid to a fight a Fifa ban on all transfer activity until January 2016.
Balfour Beatty workers
Wednesday 20 August 2014
Building giant Carillion has backed away from its bid for rival Balfour Beatty after three unsuccessful attempts.
Islamic State
Wednesday 20 August 2014
Nine people have been arrested in Vienna, Austria, for intending to join the Islamic State (IS) militant group in Syria.   

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