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International News
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US pre-open: Economic data to lift stocks at open
Wednesday 28 Sep 2011
US stock market futures are now pointing to average gains of 0.6% at the start of today´s session. Read More
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EU presses forward with financial transaction tax
Wednesday 28 Sep 2011
The European Commission has said it plans to introduce a financial transaction tax on all EU member states. Read More
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ALERT: Finnish parliament approves changes to EFSF
Wednesday 28 Sep 2011
Finnish parliament approves changes to EFSF. More to follow ... Read More
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UPDATE: Germany will wait for results from troika auditors in Greece
Wednesday 28 Sep 2011
German Chancellor Angela Merkel has ‘suggested’ that some of the terms of Greece´s bail-out package could be renegotiated, according to some market reports this morning. Read More
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Asia: Mixed picture as spotlight remains on Europe
Wednesday 28 Sep 2011
The Nikkei eked out a handful of gains on Wednesday on hopes that euro zone officials are moving closer to a resolution to the debt crisis. Read More
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Credit Agricole may be preparing asset sales
Wednesday 28 Sep 2011
French bank Credit Agricole may be preparing to sell assets, according to the Financial Times, in order to improve its capital position following a Moody's rating cut. Such an announcement could be m... Read More
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US close: Stocks retain gains, despite late swoon
Tuesday 27 Sep 2011
US stocks put in their third satisfactory shift in a row with optimism over a resolution to the Eurozone's debt crisis again fuelling gains, though prices finished off the top as it emerged that Europ... Read More
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Walgreen falls after earnings presentation
Tuesday 27 Sep 2011
US drug-store chain Walgreen led the losers on the S&P 500 in Tuesday's early trading after presenting its quarterly results. Read More
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ArcelorMittal starts iron ore production in Liberia
Tuesday 27 Sep 2011
Steel producer ArcelorMittal has begun commercial iron ore production at its installations in Liberia. Read More
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Santander's Botin rules out a new global recession
Tuesday 27 Sep 2011
Banco Santander president Emilio Botin is in the optimists camp in that he has ruled out the prospect of a new global recession. Quite how the world will avoid the dreaded 'double dip' will probably ... Read More
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Gamesa continues conquest of Chinese market
Tuesday 27 Sep 2011
Through its Chinese subsidiary, Spanish wind turbine maker and Ibex component Gamesa signed a deal to sell 200 megawatts (mw) capacity of wind turbines to China's Huadian New Energy Development Compan... Read More
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Europe close: Stocks soar on deal hopes
Tuesday 27 Sep 2011
Investors snapped up shares on expectations that European leaders will come up with a solution to the Eurozone debt crisis. Read More
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US midday: Stocks near day's highs
Tuesday 27 Sep 2011
Stocks are near the day’s best levels (Dow Jones Industrial: 247, Nasdaq Comp.: 56, S&P 500: 26), having made strong gains as the optimism over the Eurozone debt situation, which sent shares soaring l... Read More
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US consumer confidence flat
Tuesday 27 Sep 2011
US consumer confidence remained broadly unchanged in September according to The Conference Board Consumer Research Center. Read More
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Broker snap: Metro oversold, says HSBC
Tuesday 27 Sep 2011
HSBC has upgraded German retail group Metro from 'neutral' to 'overweight', with a price target of €40, compared to the previous €54. Read More
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US open: Stocks advance again as euro optimism continues
Tuesday 27 Sep 2011
Stocks have made strong gains as the optimism over the Eurozone debt situation, which sent shares soaring last night, continues. Read More
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Schauble: We do not intend to increase the stability fund
Tuesday 27 Sep 2011
Judging by their public pronouncements, the European Central Bank appears to be unable to reach an agreement over a possible rate cut. Political officials in the Euro Zone seem to disagree over suppo... Read More
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Novartis receives approval for two drugs in Japan
Tuesday 27 Sep 2011
Swiss drugs giant Novartis has received approval from the Japanese pharmaceutical regulator for the sale of Gilenya, a multiple sclerosis treatment, and Illaris, the first treatment for adults and chi... Read More
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The 'troika' will return to Greece tomorrow
Tuesday 27 Sep 2011
Inspectors representing the so-called 'troika' (International Monetary Fund, European Central Bank, and European Union) are expected to return to Athens on Wednesday, according to Reuters sources. Read More
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Broker snap: Goldman Sachs lowers expectations for airlines
Tuesday 27 Sep 2011
Analysts at Goldman Sachs reckon that the demand outlook remains difficult for the airline sector and said that they do not expect a significant improvement. Read More
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