Editor's Picks
HSBC sells Japanese private bank to Credit Suisse
Wednesday 21 Dec 2011
Global banking giant HSBC is to offload its private banking business in Japan to Credit Suisse for an undisclosed sum.
Old Mutual to sell Finnish Skandia arm
Wednesday 21 Dec 2011
Old Mutual, the FTSE 100 savings and investment group, said it had agreed terms to sell the Finnish branch of Skandia Life Assurance Company to insurer OP-Pohjola osk.
Wednesday newspaper round-up: UK AAA, Shell, Wind farms
Tuesday 20 Dec 2011
Ratings agency Moody´s warned last night that Britain's credit rating could be cut if the euro crisis worsens, The Telegraph reports. In a statement, Moody’s Investors Service said: “The currently stable outlook on the UK government’s AAA rating depends in part on the assumption that the government will stay on track with its fiscal consolidation programme. “However, any additional weakening in
FTSE 100 movers: Aggreko extends gains, pharmas fall
Tuesday 20 Dec 2011
Temporary power supplier Aggreko was leading the gains on the FTSE 100 on Tuesday, as investors continue to celebrate yesterday's news that full-year profits should come in slightly ahead of previous guidance.
Wednesday preview: Another unanimous MPC verdict expected
Tuesday 20 Dec 2011
There is not much happening on the corporate front on Wednesday, so attenton will be focused on the release of the minutes of the most recent meeting of the Bank of England's Monetary Policy Committee (MPC).
Sector movers: Astra, Glaxo drag down pharmas
Tuesday 20 Dec 2011
The pharmaceuticals were on the decline today, dragged lower by sector giant AstraZeneca.
US close: Housing data sparks rush to buy shares
Tuesday 20 Dec 2011
Dow Jones: +337 at 12,104
Broker snap: Nomura expects SABMiller's Foster's to start well
Tuesday 20 Dec 2011
Nomura has reiterated its buy rating on drinks giant SABMiller, saying that that it expects the Foster's business to get off to a strong start following the completion of the acquisition last Friday.
BoE´s Broadbent says pain is not for naught
Tuesday 20 Dec 2011
In remarks cited by The Independent and Reuters Ben Broadbent, a member of the Bank of England´s Monetary Policy Committee, admitted that the economy is going through a painful period but argued that the system is becoming stronger as a result.
London midday: Banks and pharmas drag Footsie lower
Tuesday 20 Dec 2011
London's blue chip index was slightly down at midday, despite a temporary stint in the blue, with heavyweight banking and pharmaceuticals stocks providing a drag. The Footsie nevertheless has been trading within a narrow range, with just 33 points separating the intraday low and high.
Commodities: Crude jumps as stockpiles slump
Tuesday 20 Dec 2011
Crude oil futures rallied 1.5% on Wednesday, marking gains for the third straight session, as a government report showed a steeper than expected drop in stockpiles.
WSP expects similar conditions in 2012
Tuesday 20 Dec 2011
Engineering consultant WSP said trading for the year ending 31 December 2011 is expected to be in line with company forecasts and currently expects the market dynamics and characteristics for 2012 to follow a similar pattern.
Europe open: All eyes on German IFO and Spanish debt auction
Tuesday 20 Dec 2011
FTSE-100: -0.49%
AT&T ends bid to acquire T-Mobile USA
Tuesday 20 Dec 2011
AT&T has finally given in to regulatory opposition and thrown in the towel on its attempt to acquire Deutsche Telekom’s T-Mobile USA.
AT&T ends bid to acquire T-Mobile USA
Tuesday 20 Dec 2011
AT&T has finally given in to regulatory opposition and thrown in the towel on its attempt to acquire Deutsche Telekom’s T-Mobile USA.
National Express on track
Tuesday 20 Dec 2011
Profits at National Express are expected to be in line with the board's previous forecasts with the bus and train group having seen revenues and profits grow across the board in 2011.
Tuesday tips round-up: Segro, Aviva, European Goldfields
Tuesday 20 Dec 2011
The Times’s Tempus column takes a look at the property investment company Segro. Segro is actually a real estate investment trust or REIT, the kind of company which looks to return lots of money to shareholders in dividends instead of focusing on capital growth.
Failed drug tests hit AstraZeneca earnings
Tuesday 20 Dec 2011
Pharmaceutical giant Astra Zeneca has warned earnings will come in at the lower end of expectations after it took a $381.5m hit from failed drug tests.
Tuesday newspaper round-up: HSBC, Blackstone, unions
Monday 19 Dec 2011
In a letter to the Daily Telegraph, 20 businessmen say it is "imperative" that Britain has a place on the negotiating table when major decisions about Europe are taken. Signatories including Sir Richard Branson, the Virgin tycoon, and Sir Mike Rake, the chairman of British Telecom, argue that the future of Europe is vital to Britain's economic interests. Their intervention, which comes 10 days
FX round-up: Downgrade fears haunt euro
Monday 19 Dec 2011
Jitters about sovereign credit downgrades on several euro zone countries pressured the euro on Monday while safe haven bets boosted the dollar.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN