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International News
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Higher preliminary consumer prices in Spain
Thursday 29 Sep 2011
Spain's general Consumer Price Index (CPI) for September rose to show an annual inflation rate of 3.1%, according to preliminary data released by the National Statistics Office in Spain. Read More
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German unemployment rate falls below 7%
Thursday 29 Sep 2011
Germany is continuing to provide positive news regarding the state of its labour market. The country's statistics office, Destatis, said 26,000 new jobs were created in September, compared with a prel... Read More
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Nokia to disconnect 3,500 employees
Thursday 29 Sep 2011
Waning mobile phone giant Nokia held a meeting with employees at 9am on Thursday, reportedly to break news of swingeing job cuts at Finland's flagship company. Read More
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Asia: Last minute rush on Europe hopes
Thursday 29 Sep 2011
The Nikkei shrugged off earlier losses to register almost a 1% gain on Thursday, as last minute buyers stepped in on hopes that European governments will act decisively to sooth the region's debt prob... Read More
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Many investors believe one country could leave Eurozone in the next year
Thursday 29 Sep 2011
Global investors are quite pessimistic on the economic outlook, according to the results of the latest Bloomberg poll of investors. Read More
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US close: Stocks fall but Fire lights up Amazon
Wednesday 28 Sep 2011
Stocks were trading lower at the closing bell as worries over the Eurozone situation resurfaced. Read More
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Europe close: Rally stalls
Wednesday 28 Sep 2011
The rally by European stocks came to a halt today, as doubts surfaced about the political will to seriously revamp the Eurozone bailout fund. Read More
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Lower durable goods orders in the US
Wednesday 28 Sep 2011
Durable goods orders fell 0.1% monthly and rose 10.1% annual in August to $201.8 billion, according to the latest data from the US Census Bureau. The market was expecting a reading of -0.4% monthly. T... Read More
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Inditex and Esprit are like day and night in the rag trade
Wednesday 28 Sep 2011
Inditex is on its 10th anniversary and the Spanish company's future continues to look bright. First of all, the stock closed at an all-time high of €65.49 per share. Secondly, JP Morgan raised the s... Read More
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Amazon tablet undercuts Apple by $300
Wednesday 28 Sep 2011
Amazon.com has revamped its entire range of hand-held Kindle computing devices, and has, as expected, unveiled a new product - the Kindle Fire - to compete with Apple's wildly successful iPad tablet c... Read More
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US midday: Stocks turn mixed on nervousness over Eurozone
Wednesday 28 Sep 2011
US stocks are now trading ‘mixed’ (Dow Jones Industrial: 23, Nasdaq Comp.: -9, S&P 500: -1) on the back again –possibly- of nervousness over the situation in Greece, and despite better than expected e... Read More
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Broker snap: Peugeot has limited upside potential
Wednesday 28 Sep 2011
Aside from bank securities, car maker Peugeot is one of the most bearish components on the CAC40, the benchmark index for the Paris bourse, after Goldman Sachs downgraded the stock. Read More
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Broker snap: UBS sees Dia growing in emerging markets
Wednesday 28 Sep 2011
Analysts at UBS have initiated coverage for food distributor Dia with a neutral stance and a price target of €2.80, as it waits to see whether the group's fortunes rebound in France. Read More
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Finland approves changes to the European rescue fund
Wednesday 28 Sep 2011
Following weeks of foot-dragging over its part in the Greek bailout, the Finnish Parliament has approved changes to the European Financial Stability Fund (EFSF) that are intended to make the EFSF more... Read More
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New European legislation on economic governance passed
Wednesday 28 Sep 2011
The European Parliament approved a legislative package today to strengthen EU economic governance to prevent future debt crises. Read More
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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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