Monday 04 Jun 2012
Telecoms giant Vodafone has confirmed that it is talking with Australian peer Telstra about buying its New Zealand subsidiary, TelstraClear.
Sunday 03 Jun 2012
Diageo, the FTSE 100 alcoholic drinks giant, has unveiled plans to substantially boost its whisky production by between 30 and 40 per cent to make the most of soaring global demand for Scotch.
Sunday 03 Jun 2012
In the absence of much market action due to a certain royal related celebration, the Sharecast team have been looking at the changes in the UK economy since Elizabeth II ascended to the throne in 1952. One piece of data that serves as a very good “cross section” of our lives over that time is the retail prices index.
Sunday 03 Jun 2012
Britons are planning to splash the cash over the extended weekend as they wave their flags and raise a glass to mark the Queen's Diamond Jubilee.
Friday 01 Jun 2012
The month of June may prove to be a crucial turning point for the future of the Eurozone following a series of important events that are scheduled to take place. The analyst consensus is clear:
Friday 01 Jun 2012
- Global stocks hit year-to-date low - US, UK, Chinese and Eurozone data disappoints - Gold soars on QE3 speculation after weak data
Friday 01 Jun 2012
BP surged early on after revealing that it wants to sell-up at TNK-BP, the joint venture it set up with a consortium of Russian investors, as speculation has run rampant in recent days of a breakdown in the relationship between the British oil firm and its partners. Jefferies this morning estimated that the 50% stake in the Russian joint venture is worth $30bn.
Friday 01 Jun 2012
- Manufacturing PMIs in UK, Eurozone, China fall
Friday 01 Jun 2012
Magnolia Petroleum, whose shares trade on the Alternative Investment Market, is run by Rita Whittington, an expert who has spent more than 30 years in the industry. As a senior director of two private American oil firms, her most recent ventures were immensely profitable. Now Whittington is hoping to generate similar returns for investors in Magnolia. The company buys oil and gas leases in North
Friday 01 Jun 2012
HSBC is testing its cash machines in Greece to ensure they could cope with a return to the drachma if the country pulls out of the euro. Britain’s biggest bank is taking the precaution because of concerns that Greece could abandon the 17-nation currency bloc amid political stalemate in the country. The bank is understood to have conducted extensive tests on the machines to establish whether they
Friday 01 Jun 2012
World Bank President Robert Zoellick has warned European leaders that they better be prepared for an emergency situation and pushed for getting capital to the banks now.
Friday 01 Jun 2012
RIT Capital Partners, the investment trusted started by Lord Jacob Rothschild, was on the up on news the company is offering investors a big increase in dividends, despite reporting a drop in its net asset value (NAV).
Thursday 31 May 2012
Xstrata chief Mick Davis is in line for a potential 75m pound payout as head of the company created from the miner’s proposed merger with commodity giant Glencore. The payout includes a 28.8m pounds in “retention awards”, mostly in cash, simply for staying at the new company for three years, regardless of his performance. Another 144m pounds will be handed out among 72 other Xstrata executives in
Thursday 31 May 2012
Shares in Nautilus Minerals slumped on Friday afternoon after the offshore oil and gas group revealed that operations at Solwara 1 in Papua New Guinea may be delayed, and that there's a dispute over the ownership of the project.
Thursday 31 May 2012
International Monetary Fund (IMF) managing director Christine Lagarde has been quick to deny a Wall Street Journal report that the Fund is preparing contingency plans for a bailout of Spain.
Thursday 31 May 2012
The euro rebounded from what was almost a two-year low against the dollar on Thursday, paring the morning's losses following reports that the International Monetary Fund is considering a possible bailout package for Spain's troubled economy.
Thursday 31 May 2012
Marketing firm Chime Communications is to sell its public relations arm, Bell Pottinger, to its own Chairman and deputy Chairman.
Thursday 31 May 2012
GfK’s consumer confidence index for the month of May in the United Kingdom has improved to -29 points, from -31 in the month before.
Thursday 31 May 2012
- IHG jumps on M and A speculation - Logica soars after CGI bid - Stocks rise but eyes still focus on Eurozone
Thursday 31 May 2012
-Draghi (ECB): More optimistic on use of ESM-Bbg -Draghi (ECB): Resolution system should never use taxpayer money -Draghi (ECB): Creating banking union could clarify vision -Draghi (ECB): cannot fill vacuum on fiscal front -Dudley (Fed): Further easing requires sharp increase in risks -Spain delays regional budget data to Friday
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