What you need to know before the open – 15/10 October 15, 2013 Economic confidence in the US is dwindling as we enter day 15 of shutdown, although markets don't seem too worried at present. Equity markets continue to display confidence that a US Senate agreement could be reached this week, but the shift to Congress, with its Republican majority, will throw up deeper disagreements. The lack of [...]
Sainsbury’s to open dark store to meet online demand October 13, 2013 J SAINSBURY is to open its first dark store to support fast-growing demand for its online grocery service in London and the south east. The dark store – so-called because it is not open to the public and only fulfils online orders – will open in Bromley-By-Bow, east London, within the next few years, the [...]
What you need to know before the open – 11/10 October 11, 2013 European markets are expected to build on yesterday's sizeable gains today, with asian markets seeing a three-week high, following US markets' second best day for the year. The optimism comes as debt talks get underway, with anticipation of a near agreement being made to extend the deadline for raising the US debt ceiling. Moreover, politicians [...]
What you need to know before the open – 07/10 October 7, 2013 Markets continue to be muted by ongoing shutdown in Washington – we're now on day seven – with fingers crossed for an agreement on the raising of the debt ceiling in time for the 17 October deadline. Asian markets closed down on US concern, and it is expected that the deadlock will mean sanguine European [...]
Tesco hopes to win back sales with new items October 6, 2013 TESCO will today unveil a revamped version of its Finest range, which Britain’s biggest supermarket hopes will win over shoppers and shareholders following grim half-year results. The FTSE 100 firm, whose market share is dipping as the discount supermarkets grow, is expected to lay out 1,500 new or redesigned products ahead of the Christmas rush. [...]
Premier League: Allardyce: Now Morrison’s the genius Fergie told me about October 6, 2013 TOTTENHAM HOTSPUR 0 vs WEST HAM UNITED 3 REFORMED character Ravel Morrison is finally fulfilling the “genius” tag first coined by ex-Manchester United manager Sir Alex Ferguson, according to West Ham boss Sam Allardyce. Morrison scored a spectacular solo goal to put the gloss on the Hammers’ first win at White Hart Lane since 1999 [...]
What you need to know before the open – 03/10 October 3, 2013 European markets are set to open mixed, with the FTSE slightly up. Things have calmed somewhat in Italy after Berlusconi climbed down, agreeing to support Enrico Letta. The dollar remains down as eyes are still on the US, with concessions failing to be forthcoming in budget talks and markets bracing for ongoing shutdown. ETX Capital [...]
Supermarkets in fuel pricing wars September 26, 2013 THE SUPERMARKET price war on petrol escalated yesterday, when some of Britain’s largest chains slashed costs for the second time in a matter of days and Sainsbury’s became the latest grocer to enter the fray. Asda said that it would cut unleaded petrol by 3p to 128.7p per litre and diesel by 2p to 135.7p [...]
Hammers and City progress September 24, 2013 STRIKER Ricardo Vaz Te headed an 88th-minute winner to send West Ham into the Capital One Cup fourth round after Cardiff had come from two goals down. Ravel Morrison and Matt Jarvis put the Hammers in control within eight minutes, before Craig Noone and Peter Odemwingie gave the visitors hope. Elsewhere, summer signing Stevan Jovetic [...]
Before the open: Markets remain muted by uncertainty from Fed and Germany September 24, 2013 Further Fed discussions on last week's news saw US markets close lower again yesterday for the third day. Overnight: #DOW lost 0.3% on Fed uncertainty and the political showdown on Fed budget nears. European markets also fell, Stoxx Europe -0.5% — belldirect (@belldirect) September 23, 2013 In the Eurozone, deliberations on a grand coalition continue [...]