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News
The News Channel brings you comprehensive breaking financial news, updated throughout the trading day. See the most relevant stories, regulatory news, economic reports, expert commentary and much more.
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Tuesday preview: Tesco, Thomas Cook
Monday 01 Dec 2008
Britain’s leading supermarket, Tesco, is beginning to feel the heat as competition, particularly from the deep discounters, gets tougher while consumer demand cools down.
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Aer Lingus rejects Ryanair again
Monday 01 Dec 2008
Irish airliner Aer Lingus has rejected the €748m offer from rival no-frills airliner Ryanair, saying the offer “significantly undervalues” the group.
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London close: Footsie tumbles heavily
Monday 01 Dec 2008
London’s benchmark index tumbled even further after a dour start on Wall Street, which started heavily lower on worries about the economy.
Market Buzz
Market overview: Sliding Wall Street sinks battered Footsie
Monday 01 Dec 2008
1630 (close): Footsie's losses firmly in the triple digits today after a miserable start on Wall Street added to London's woes.
Stocks around the globe were dealt a blow by manufacturing data, with contraction registered in the US, mainland Europe and here.
Mining stocks were the heaviest fallers in line with lower metals prices. Platinum specialist Lonmin led the slump as prices for the precious metal fell back on concerns over global demand, particularly from the auto sector. Platinum is used to make catalytic converters for cars.
Comment & Analysis
Interview: Clarity out of intensive care
Monday 01 Dec 2008
The shareholder uprising last year which presaged changes at the top at point of sale and bookings system software provider Clarity Commerce Solutions “may have been a good thing in hindsight”, chairman John O’Hara believes.
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Market Reports
-
London close: Footsie tumbles heavily
Monday 01 Dec 2008
London’s benchmark index tumbled even further after a dour start on Wall Street, which started heavily lower on worries about the economy.
Company News
-
Tuesday preview: Tesco, Thomas Cook
Monday 01 Dec 2008
Britain’s leading supermarket, Tesco, is beginning to feel the heat as competition, particularly from the deep discounters, gets tougher while consumer demand cools down.
Expert Views
Some Chipped China?
We are by now quite used to those more descriptive Chinese expressions and terminology – they often seem to come with references to wildlife and nature as well as often with a more Confucian style.
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