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  • Rolls-Royce wins airline contract

    Thursday 01 Dec 2011

    Power systems giant Rolls-Royce has secured a $350m contract

  • Telford half year profit falls, eyes bumper 2013

    Thursday 01 Dec 2011

    East London focused residential developer Telford Homes said it is on target for full year results at similar levels to 2011, despite a fall in half year profit, and expects a significant profit spike in the year to 31 March 2013.

  • London pre-open: Sedate progress expected

    Thursday 01 Dec 2011

    After yesterday's wild rises, progress is set to be more sedate this morning, with traders unsure whether profit-takers will be out in force.

  • Kingfisher puts in strong performance

    Thursday 01 Dec 2011

    DIY retailer Kingfisher saw group retail profit soar 13% during the third quarter after total group sales rose 3.5%.

  • Commodities: Oil and gold rise after central bank action

    Thursday 01 Dec 2011

    Crude oil futures rose to a two-week high on Wednesday as central banks across the globe took action to lower borrowing costs.

  • US close: Banks and industrials lead the charge

    Wednesday 30 Nov 2011

    Concerted action by central banks to ease conditions in global financial markets sent market indices across the world surging, and the US benchmarks were no exception.

  • Europe close: Big gains follow central bank intervention

    Wednesday 30 Nov 2011

    A huge day on European markets demonstrated that, perhaps, the region is not condemned to decades of decay and international irrelevance.

  • Bonds: Central banks take on the debt market

    Wednesday 30 Nov 2011

    A co-ordinated policy adjustment by six major central banks has given a significant lift to distressed European debt.

  • Thursday newspaper round-up: Credit, Carillion, living standards

    Wednesday 30 Nov 2011

    Britain has entered a second credit crunch, Downing Street said on Wednesday night, as America was forced to intervene to stop the eurozone crisis leading to a global financial collapse. The US Federal Reserve spearheaded a scheme by central banks around the world, including the Bank of England, to lend money to ailing European banks that were struggling to borrow. The emergency action to stop

  • Union boss hails strike as 'best day' for generations

    Wednesday 30 Nov 2011

    The leader of civil service union, the PCS, said today's strike by public sector workers had been "the best day for the trade union movement in generations".

  • FTSE 100 Movers: Banks and miners soar on central bank moves

    Wednesday 30 Nov 2011

    Miners and banks have jumped on the actions taken by China and a host of central banks to improve liquidity conditions across the globe.

  • Central banks act to get money flowing around markets - Update

    Wednesday 30 Nov 2011

    Some of the world's largest central banks have taken coordinated action to ease strains in financial markets by making it cheaper for banks to buy dollars.

  • London midday: Stocks rocket on Chinese move

    Wednesday 30 Nov 2011

    With China acting to ease fears of a ‘hard landing’, European stock markets – and US futures – swung back into positive territory after sharp falls early on. Banks and miners roared into the lead in London, despite being the worst performers early on. The Footsie stood at 5,390 just after the midday point, some 115 points off its intraday low of 5,275 reached in the opening minutes.

  • National strike a 'damp squib' says PM

    Wednesday 30 Nov 2011

    Prime Minister David Cameron has said the nationwide public sector strike "looks something like a damp squib".

  • China lowers reserve requirement for banks - UPDATE

    Wednesday 30 Nov 2011

    The People´s Bank of China (PBOC) has announced that it has lowered the legal reserve requirement for Chinese banks by 50 basis points, effective from 5 December.

  • Broker tips: Weir, Drax, Marston's

    Wednesday 30 Nov 2011

    UBS has raised its target price for industrial engineer Weir from 2,400p to 2,500p, saying that comments from US peer Halliburton have made it much more optimistic.

  • London midday: Stocks rocket on Chinese move

    Wednesday 30 Nov 2011

    With China acting to ease fears of a ‘hard landing’, European stock markets – and US futures – swung back into positive territory after sharp falls early on. Banks and miners roared into the lead in London, despite being the worst performers early on. The Footsie stood at 5,390 just after the midday point, some 115 points off its intraday low of 5,275 reached in the opening minutes.

  • Broker snap: Evolution remains a buyer of Marston's

    Wednesday 30 Nov 2011

    Evolution Securities has reiterated its buy recommendation on pubs owner and ale brewer Marston’s, saying that the group delivered exactly as it promised in its full-year results.

  • Europe midday: Chinese moves boosts the old world

    Wednesday 30 Nov 2011

    European stocks were broadly up on Wednesday as news of a drop in the amount of reserves Chinese banks are required to hold cheered investors.

  • Glencore cancels acquisition

    Wednesday 30 Nov 2011

    Glencore International AG, a wholly-owned subsidiary of commodities trading firm Glencore International plc, has terminated its agreement to acquire a 70% interest in Marcobre S.A.C. from CST Mining Group.

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