Editor's Picks
Evraz puts forward the idea of a merger with Severstal
Tuesday 13 Dec 2011
The chairman of Russian steelmaker Evraz, Alexander Abramov, would support a merger with its Russian rival Severstal, according to the content of an interview published in today’s Financial Times.
Commodities: Gold and oil slide 5%
Tuesday 13 Dec 2011
Gold futures fell 4.6% on Wednesday, falling below $1,600 for the first time in three months, as worried investors turned instead to the safety of cash.
FX round-up: EU summit leaves markets uninspired
Monday 12 Dec 2011
The dollar regained its allure on Monday as nerves replaced optimism following the conclusion of last week's European summit.
Tuesday newspaper round-up: EU, RBS, tobacco companies
Monday 12 Dec 2011
Amid chaotic confusion over the relevance of the Brussels summit, including Britain's veto, Olli Rehn, the EU's economic affairs commissioner said: "If [Britain's] move was intended to prevent bankers and financial corporations of the City from being regulated, that's not going to happen." He added: "We must all draw the lessons from the ongoing crisis and help to solve it and this goes for the
FTSE 100 Movers: Miners drag footsie lower
Monday 12 Dec 2011
Kazakhstan-focused miner, Eurasian Natural Resources (ENRC), hit the bottom spot on reports that it is said to be examining allegations of corruption at a Kazakh iron ore subsidiary - although denied on Sunday that it was the subject of a formal investigation by Britain's Serious Fraud Office (SFO), Reuters reports.
Rockhopper Falklands oil disovery grows
Monday 12 Dec 2011
Rockhopper Exploration, the company which found oil off the north coast of the Falkland Islands, has seen its shares soar 9.3% this morning following the announcement of a successful well dig.
Commodities: Oil slides 1.7%, gold at 7-week low
Monday 12 Dec 2011
Crude oil futures fell nearly 2% on Monday as investors were left unimpressed with measures announced at the end of the EU summit on Friday.
Broker snap: Investec cuts targets at Standard Chartered
Monday 12 Dec 2011
Investec has cut its targets for emerging markets-focused bank Standard Chartered and reiterated its hold rating on the stock following its pre-close trading update published last week.
S&P to EU: "Time is running out"
Monday 12 Dec 2011
Speaking at a business conference in Tel Aviv ratings agency Standard&Poor’s chief economist for Europe, Jean-Michel Six, has described last week’s agreement by the European Union as “significant,” Reuters reports.
US pre-open: Stocks to open, little economic data expected
Monday 12 Dec 2011
The main US equity benchmarks are now being called to open lower, by 1% on average. The above following selling pressure on European equities this morning on the back of some rather negative commentary out from ratings agency Moody’s regarding last week’s EU summit.
Job cuts for Christmas at CSR
Monday 12 Dec 2011
Wireless technology and computer chip company CSR is getting out of the digital television system-on-a-chip (DTV SoC) business to focus on areas where it has a larger market presence.
Job cuts for Christmas at CSR
Monday 12 Dec 2011
Wireless technology and computer chip company CSR is getting out of the digital television system-on-a-chip (DTV SoC) business to focus on areas where it has a larger market presence.
UK recession will be much worse than expected, say economists
Monday 12 Dec 2011
Economists at Standard Chartered, the top-ranked forecasters according to a survey of 350 companies, now expect that the UK economy will experience a sharp recession next year, with gross domestic product expected to contract at a clip of 1.3%.
Broker snap: Investec cuts targets at Standard Chartered
Monday 12 Dec 2011
Investec has cut its targets for emerging markets-focused bank Standard Chartered and reiterated its hold rating on the stock following its pre-close trading update published last week.
Commodities: Crude spikes over $1 in last minute push
Monday 12 Dec 2011
Crude oil futures settled over $1 higher on Friday, in a last minute push, after spending most of the day rangebound.
Improvement continues at Ensor, cautious outlook
Monday 12 Dec 2011
Building materials supplier Ensor posted a 31% rise in half year operating profit, upped its dividend payment 57% but said while the second half has started well, it remains cautious about future trading as economic turmoil in Europe continues.
London pre-open: Pearson exits FTSE joint-venture
Monday 12 Dec 2011
Despite a strong showing on Friday by US markets on the back of the European Union summit meeting, the London stock market - deemed to be under threat as a result of the EU's 'fiscal compact' - is set to open 20 or so points down from Friday's close of 5,529.
China could create a $300bn investment vehicle
Friday 09 Dec 2011
The People's Bank of China could create a new investment vehicle in order to manage $300bn in funds and improve returns on the largest currency reserves in the world, reports Reuters citing sources close to the matter.
Sunday share tip round-up: BG Group, Admiral, Reckitt Benckiser
Friday 09 Dec 2011
Oil and gas explorer BG Group is a buy at £13.48½, says The Sunday Telegraph’s Questor team, with its strong fundamentals given a life by takeover talk. A stake sale is likely to happen at some point – just not yet, whether it be to Chinese outfit Sinopec, Royal Dutch Shell or Exxon. Nonetheless, the speculation highlights the value of the offshore operations in Brazil, which are of global
Sunday newspaper round-up: American growth, France, RBS, Gold
Friday 09 Dec 2011
Three months ago Barack Obama was firmly in the dock over news that no net jobs were created in August. Some gloomy people even saw a double-dip recession on the way. America, it turns out, was not on the verge of recession, and it still isn’t. Fears that the government might shut down on December 16th over funding disagreements are fading; Congress has passed three appropriations bills and is
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN