FTSE falls as fears for Eurozone grow November 10, 2011 THE UK’s top share index closed lower yesterday after moves to bring stability to the governments of Greece and Italy failed to soothe concerns over Eurozone debt contagion. Riskier assets such as commodity and banking stocks led the fallers, as the FTSE 100 shed 15.56 points, or 0.3 per cent, to 5,444.82. Volumes were weak [...]
Wall St rebounds as Italy offset by corporate news November 10, 2011 US stocks bounced back yesterday from the previous session’s steep losses as investors latched onto positive corporate and economic news, in the absence of a clear worsening in Europe’s debt crisis. However, trading was volatile and volumes were thin as turmoil in Europe’s bond markets kept fears alive that the crisis could engulf Italy. A [...]
FTSE falls as Italy debt yields spook investors November 9, 2011 BRITAIN’S top shares sank to their lowest close for a week yesterday on spiralling concerns over Italy’s debt as the country’s bond yields raced to dangerous levels. Italy was thrown into the spotlight as its 10-year bond yields shot above seven per cent, levels that forced bailouts in Ireland, Portugal and Greece, and as investors [...]
Wall St down on Euro fears November 9, 2011 US STOCKS tumbled three per cent yesterday in the market’s worst day since mid-August as a spike in Italian bond yields signalled the European debt crisis had worsened. All 10 S&P sectors were down, but S&P financials were the hardest hit on worries about European exposure, dropping 5.4 per cent. US stock markets have grown [...]
Making sure you have got your family covered November 9, 2011 ONE child in 20 has a parent die before they finish full-time education, says Money Saving Expert. That’s a pretty frightening statistic, but it’s even more frightening when you then find out that more than half of the population doesn’t have life insurance. So why are so many people choosing not to take out life [...]
Modelling a return to the old currencies November 9, 2011 THOUGH the debates and political squabbling will continue to rage on in the gilded offices of politicians and central bankers, we have reached the point where many will be looking at the practical side of a return of one or more of the old European currencies. But which will be the first to fall? The [...]
Window shop your way to career success November 9, 2011 MORGAN McKinley reported a nine per cent rise in the number of people seeking new employment opportunities in financial services last week. But with tales of redundancies covering the financial pages, ensuring you hear about the best opportunities first is ever more important. Indeed, recruiter Astbury Marsden, who also had a report out last week, [...]
Learning the language of leadership November 9, 2011 THE LANGUAGE OF LEADERS: CEOS ON COMMUNICATING TO INSPIRE, INFLUENCE AND ACHIEVE RESULTS BY KEVIN MURRAY Kogan Page I’VE been working in business communications for almost 40 years,” says Kevin Murray, the chairman of the Bell Pottinger Group. “I’ve worked with a lot of organisations and a lot of leaders. None were stupid, but some [...]
FTSE holds gains as Italy nears crisis November 8, 2011 BRITAIN’S top share index rose yesterday, as earnings from UK corporates such as Lloyds Banking Group and Vodafone were received positively by investors, although Eurozone worries meant gains were vulnerable to profit taking. Miners and integrated oils, rising with commodity prices, also helped the UK’s benchmark index close up 56.52 points, or one per cent [...]
Banks lead stocks higher November 8, 2011 US STOCKS closed higher yesterday for a second day in a row as late-day news about Europe sparked an afternoon rally that erased early weakness. Italy’s president said Silvio Berlusconi, the country’s prime minister, would resign after a new budget law was approved. Equities had hoped for a resignation, which is seen as clearing the [...]
