Editor's Picks
Commodities: Crude dips below $103 a barrel
Friday 13 Apr 2012
Crude oil futures fell below $103 on Friday after weak Chinese data sparked concern about oil demand from the world's second biggest economy and largest energy consumer.
Construction data puts UK at risk of technical recession
Friday 13 Apr 2012
The UK is at risk of falling into a technical recession, after construction output data for February indicated the preliminary estimate for the first quarter GDP figure could be negative.
London midday: Eurozone, Chinese concerns weigh on market
Friday 13 Apr 2012
- Chinese GDP misses forecasts - Miners rise on speculation of police easing in China - Spanish bank borrowing nearly doubles
Broker snap: UBS sees moderating growth at Burberry
Friday 13 Apr 2012
UBS has raised its target price for luxury brand Burberry from 1,370p to 1,580p ahead of its fourth quarter sales update next week.
ECB member denies rumours of Spanish bailout
Friday 13 Apr 2012
European Central Bank (ECB) executive board member José Manuel González-Páramo said it was evident that rumours of a bailout for Spain were untrue.
London open: Cautious start after Chinese GDP data
Friday 13 Apr 2012
- Chinese GDP disappoints - Miners shrug off data to rise - Sage downgraded by Jefferies
Premier's Indonesian exploration well is a dud
Friday 13 Apr 2012
Oil and gas firm Premier Oil is to plug and abandon the Biawak Besar-1x exploration well in Indonesia.
Avocet considering new facility at Inata mine
Friday 13 Apr 2012
Burkina Faso-focused gold miner Avocet Mining says it may have to construct a new process plant at its Inata project, rather than just extend the existing plant, in order to provide more processing flexibility.
Friday broker round-up
Friday 13 Apr 2012
Aggreko, Astra, Burberry, Chariot, DMGT, Euromoney, Logica, Rolls-Royce, Sage
FTSE 250 movers: Cairn Energy leaps on oil find
Friday 13 Apr 2012
Oil and gas group Cairn Energy was a high riser after saying that Agora Oil and Gas, a firm it is set to buy, has struck oil at its Skarfjell Prospect in the Norwegian North Sea.
FX round-up: Dollar down on Dudley's comments
Friday 13 Apr 2012
The dollar ended the day down on Thursday following news that William Dudley, President of the New York Federal Reserve, had commented that the US economy isn't yet robust enough to deal with the rate of unemployment in a significant way.
Commodities: Weaker dollar boosts oil futures, natural gas at decade low
Friday 13 Apr 2012
Oil futures climbed higher on Thursday, boosted by a weaker dollar and gains in the US stock market.
Friday newspaper round-up: Chinese GDP, Google, BP...
Friday 13 Apr 2012
"China’s economy grew 8.1 per cent in the first quarter from a year earlier, its slowest pace in nearly three years. With Europe struggling and the US recovery appearing to ebb, signs of strength from China, the world’s second-largest economy, could still help allay fears of a global slowdown. Despite the lower-than-expected growth figure, China’s economy picked up speed in March and economists
Lloyds still in exclusive talks with Co-Op
Thursday 12 Apr 2012
Lloyds, the UK banking giant, remains in talks with The Co-Op to sell 632 of its bank branches.
Car sales slump as UK trade gap widens unexpectedly
Thursday 12 Apr 2012
The UK trade deficit widened in February as exports to non-European Union countries took a dip.
Eurozone industrial production rebounds in February
Thursday 12 Apr 2012
Eurozone's industrial production rebounded and came in above expectations on a month-on-month basis in February.
Punch hoping for lovely jubilee to reverse falling sales
Thursday 12 Apr 2012
The pub-filling summer sport bonanza can't come soon enough for pubs operator Punch Taverns, which saw half-year profits dragged down by poorly performing pubs it is keen to get shot of.
European banks will continue to suffer, says S and P
Thursday 12 Apr 2012
Despite yesterday’s rebound in the European banking sector thanks to a positive recommendation from HSBC and speculation on more European Central Bank (ECB) action, Standard and Poor's has published a report warning investors about the Old World financial entities’ creditworthiness.
Petropavlovsk plays down debt worries as outout soars again
Thursday 12 Apr 2012
Petropavlovsk pulled out of the tail-spin it has been in since the start of February after the company announced a sharp increase in gold production in the first quarter.
London open: Shell weighs on the Footsie
Thursday 12 Apr 2012
- Shell drops on oil sheen reports - GKN up after upgrade - World Bank cuts Chinese GDP forecast
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