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  • London midday: Banks lead risers, Essar still volatile

    Thursday 19 Jan 2012

    - Spain sells more than target in debt auction

  • London close: Stocks edge higher on IMF hopes

    Wednesday 18 Jan 2012

    - IMF looks to boost lending capacity by $500bn

  • Polymetal revenues jump 45%

    Wednesday 18 Jan 2012

    Polymetal International, the newly-listed precious metals producer, saw sales revenue jump 45% in the year ended December 31st helped by 57% growth in the final three months of the year.

  • FX round-up: Euro recovers after IMF comments

    Wednesday 18 Jan 2012

    The euro registered broad gains on Wednesday on reports that the International Monetary Fund is looking to significantly increase its funding capabilities.

  • US pre-open: Moderate rise expected, Goldman in focus

    Wednesday 18 Jan 2012

    -Goldman in focus after Q4 beat

  • Unemployment rate up to highest since 1995

    Wednesday 18 Jan 2012

    The UK unemployment rate hit 8.4% in the three months to the end of November, higher than the 8.3% analysts had been expecting.

  • IAG rises on remarks from Qatar Airways' chief executive

    Wednesday 18 Jan 2012

    Middle East carrier Qatar Airways is examining a potential acquisition in Europe, where it last year purchased a stake in freight operator Cargolux International, chief executive officer Akbar Al Baker said today in a briefing at the Bahrain Air Show, Bloomberg News is reporting.

  • FTSE 250 movers: Intermediate Capital still on the rise

    Wednesday 18 Jan 2012

    Specialist investment firm Intermediate Capital was one of the top risers, extending gains after yesterday's trading statement in which it said assets under management were stable at €12bn in the three months to December 30th.

  • Two notch downgrade for Italy a possibility, says Fitch -UPDATE

    Wednesday 18 Jan 2012

    Alessandro Settepani, senior director for business and relationship management at Fitch, reminded investors today that the credit rating agency is considering the possibility of a two-notch downgrade for Italy.

  • Two notch downgrade for Italy a possibility, says Fitch

    Wednesday 18 Jan 2012

    The senior director for business and relationship management at Fitch in Italy, Alessandro Settepani, said "a downgrade by two notches is one of the possible options."

  • London open: Tullow, BHP lead resource stocks lower

    Wednesday 18 Jan 2012

    Yesterday's optimism - on the back of positive macro data from China, Germany and the US - seems to have been short-lived, with the FTSE 100 falling in to the red in early trading on Wednesday. Eurozone concerns are now again in focus with meetings between the Greek government an private creditors scheduled for later today.

  • London pre-open: Stocks to open marginally lower

    Wednesday 18 Jan 2012

    City sources predict the FTSE 100 will open down 5 points from yesterday's close of 5,693, ahead of today's unemployment rate announcement. It seems that yesterday's cheery mood - on the back of positive economic data from China, Germany and the US - was short-lived, as attention turns towards crucial meetings in Athens today.

  • Large rise in UK companies facing critical financial distress

    Wednesday 18 Jan 2012

    Begbies Traynor's Red Flag Alert, the UK's leading quarterly benchmark of company distress, shows a 24% year-on-year increase of companies facing 'critical' levels of financial distress in the fourth quarter of 2011, compared to the same period in 2010.

  • Wednesday newspaper round-up: BoE, Greece, Intermediate Capital

    Tuesday 17 Jan 2012

    The Bank of England was plunged into a row with MPs last night after it rebuffed calls for a sweeping overhaul of the way that it is governed. The Bank published a plan for an oversight committee to review the way it makes decisions, as it prepares to take on new powers to monitor and regulate the financial sector. Sir Mervyn King, the Governor, rejected a proposal tabled by the Treasury Select

  • ITM Power in new hydrogen fuel project

    Tuesday 17 Jan 2012

    ITM Power, the Sheffield-based firm which makes systems to store energy in the form of hydrogen, is participating in a new project created to ensure the UK is well positioned for the commercial roll-out of hydrogen fuel cell electric vehicles.

  • 2011 was record year, Tullow says

    Tuesday 17 Jan 2012

    Irish oil group Tullow expects to post record financial results for 2011 once all the numbers have been totting up, with sales revenue of $2.3bn more than double that of 2010.

  • FTSE 100 movers: RBS tops the list, Essar drops on court ruling

    Tuesday 17 Jan 2012

    Part-nationalised lender Royal Bank of Scotland was leading the FTSE 100 higher on Tuesday afternoon after striking a deal with a Japanese bank to sell its aircraft leasing division for $7.3bn (£4.7bn).

  • FTSE 250 movers: Afren tops the risers after discovery

    Tuesday 17 Jan 2012

    A big mover on the FTSE 250 today was oil and gas group Afren which was trading a whopping 13% higher in the afternoon after announced a new oil discovery offshore south-east Nigeria.

  • German ZEW survey smashes expectations

    Tuesday 17 Jan 2012

    Germany's economic sentiment indicator for January came in at -21.6 points compared to -53.8 the previous month, reports the ZEW Institute based in Mannheim, Germany.

  • London midday: Stocks drift higher after Chinese, German data

    Tuesday 17 Jan 2012

    Stocks were off their intraday highs by lunchtime but the Footsie was still some 26 points up from yesterday's close, helped by some cheery Chinese GDP data and a better-than-expected German confidence survey.

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