Barclays share price rises despite fall in profit July 30, 2014 Barclays has seen its share price rise in early trading despite underwhelming half-yearly results. Shares were up 3.2 per cent to 226.1 pence at pixel time, as the markets were clearly not put off by an announcement which included falls in overall profit before tax ( down seven per cent) and profit before tax for Barclays investment [...]
Barclays profits down seven per cent as investment business hit July 30, 2014 The sun may be out, but there is no escaping the gloom for Barclays which released its first half results this morning. The headline figures make grim reading: a seven per cent drop in pre-tax profit during the first half of the year a figure swollen by the 46 per cent decline in profit before [...]
Twitter share price soars as company reveals 24pc rise in monthly users July 29, 2014 Shares in Twitter rose a whopping 35 per cent in after-hours trading late last night, after the company announced its second quarter results in America. The social media giant, whose shares have been struggling in recent months, revealed a 24 per cent increase in monthly users, but a widening loss of $145m (£86m) during the three [...]
Applus share price hammered as the year of IPO upsets goes on July 29, 2014 The troubled performance of private equity-backed flotations continued yesterday after the Barcelona-based Applus saw its share price fall to its lowest level since its float only two months ago. Applus shares took a hammering, falling around 13 per cent on the day to finish on €12.20, below its Initial Public Offering (IPO) price of €14.50, [...]
America and Europe unite with plan to punish Russia July 29, 2014 GOVERNMENTS across Europe have joined forces with America in a bid to bring Russia’s President Putin to his knees in the wake of continued anger over the downing of flight MH17 in Ukraine. Yesterday, the EU announced tough new sanctions designed to cripple Russia’s already struggling economy by putting the squeeze on financial operations and [...]
House lending bounces as regulation squeeze eases July 29, 2014 Lending for house buyers is bouncing back after a knock from new regulations, as figures yesterday confirmed the biggest increase in mortgage approvals since 2008. There were 67,196 mortgages for house purchases approved in June, according to the Bank of England – a rise of more than 5,000 from May, and the fastest for five [...]
Israel and Hamas step up fighting as death toll of civilians mounts July 29, 2014 Fighting in Gaza between Israel and Hamas yesterday intensified, even as diplomats stepped up efforts to bring the 24-day conflict at least to a temporary halt. Electricity was cut to the city of Gaza and many other parts of the Hamas-controlled territory after Israeli shelling of a power plant destroyed tanks holding about three million [...]
F1’s Ecclestone seeking deal July 29, 2014 LAWYERS for Bernie Ecclestone yesterday held talks with German prosecutors in a bid to settle a bribery trial that threatens his grip on Formula One racing. Ecclestone, 83, went on trial in Munich in April over allegations he bribed a former German banker as part of the sale of a major stake in the business [...]
BoJo looking at diesel tax July 29, 2014 LONDON mayor Boris Johnson was yesterday said to be considering a plan to raise the congestion charge for diesel cars by £10 in a move to cut air pollution. The change would mean diesel owners – including taxi drivers who do not have up-to-date engines – could have to pay a total of £20 to get [...]
Aldi closes in on Waitrose as the discounters scent blood July 29, 2014 The challenges facing Britain’s big four grocers was further laid bare yesterday after new data revealed that Aldi was poised to overtake Waitrose to become the country’s sixth biggest supermarket. Kantar Worlpanel data released yesterday showed Aldi’s sales jumped 32 per cent year-on-year in the 12 weeks to 20 July, bringing its market share within [...]