Editor's Picks
London midday: Stocks off intraday lows after manufacturing data
Monday 03 Oct 2011
While losses have been trimmed since the open, Greek deficit fears continued to weigh on stocks at midday, with the banking peers Standard Chartered, Barclays and Royal Bank of Scotland among the heaviest fallers.
Market overview: FTSE down 85
Monday 03 Oct 2011
1156: London stocks are still registering big drops, although they are off their worst levels. The above may be due, in part, to the better than expected reading out this morning regarding the UK´s manufacturing sector. The Markit/CIPS manufacturing PMI for the month of September has come in at 51.1, after last month´s 49.4 (Consensus: 48.5). Likewise, the latest Chinese PMI data (from the
Cairn India makes maiden Sri Lankan discovery
Monday 03 Oct 2011
Cairn India has confirmed that it has discovered the first hydrocarbons in Sri Lanka, after drilling its CLPL-Dorado-91H/1z well, the first well to be drilled in the country in three decades.
Delays to Glencore's Peruvian acquisition
Monday 03 Oct 2011
Commodities trading firm Glencore International has reported delays to its acquisition of metal assets in Peru initially announced in the summer.
Delays to Glencore's Peruvian acquisition
Monday 03 Oct 2011
Commodities trading firm Glencore International has reported delays to its acquisition of metal assets in Peru initially announced in the summer.
ITE Group confident of another strong year
Monday 03 Oct 2011
Exhibitions and conferences firm ITE Group said trading in the fourth quarter remained strong and it is confident in its prospects for 2012 and beyond.
London pre-open: Footsie set to slide below 5,000
Monday 03 Oct 2011
The UK's blue-chip index is set to dive below the 5,000 level with City traders anticipating a fall of around 140 points from Friday's close of 5,128, at the start of a week in which many pundits believe the Bank of England will revive its quantitative easing programme, such is the torpid state of the UK economy.
Rolls-Royce wins first Environship order
Monday 03 Oct 2011
Power systems giant Rolls-Royce announced on Monday that it has received its first order for vessels based on its fuel-efficient Environship concept.
Greece expected to miss deficit target
Monday 03 Oct 2011
Despite Greece's tough austerity measures, the debt-stricken country revealed on Sunday that it will miss its deficit target for 2011, as it unveiled plans for job cuts across the public sector.
UPDATE: Monday broker round-up
Monday 03 Oct 2011
Antofagasta: Citi upgrades to hold, target cut from 1,230p to 1,010p.
Monday newspaper round-up: Greece, QE, Council tax...
Monday 03 Oct 2011
Greece is likely to miss the deficit targets agreed as part of July's bailout package, which would cast further doubt on its ability to steer safely through its current financial crisis and will send new tremors through global financial markets. As the country's cabinet agreed a controversial plan to begin laying off 30,000 state workers, its latest budget plan indicated a deficit of 8.5% of GDP
US close: S&P suffers worst quarter since 2008
Friday 30 Sep 2011
Investors waved good-bye to the third quarter of 2011 with a sense of relief, having seen the Dow Jones industrial average lose 12%, or 1500 points over the three-month period, while the broader based S&P 500 fared even worse, sliding 14.3%, or 189 points - it's biggest quarterly slump since 2008.
London close: Weak finish to volatile week
Friday 30 Sep 2011
Stocks were on the back foot heading into the weekend amid continuing worries over global growth.
Gilts advance as worries persist
Friday 30 Sep 2011
Government debt was very much in demand heading into the weekend amid weak economic data.
London midday: Stocks under pressure amid global worries
Friday 30 Sep 2011
Stocks have drifted further into the red following a weak start to the day amid worries over global economic growth.
SSE's dividend cover in its established range
Friday 30 Sep 2011
Utility firm Scottish and Southern Electricity had reassuring news for its legion of income-hungry shareholders as it said it is on course to increase its dividend by at least two percentage points more than retail price inflation, despite a heavy capital expenditure programme.
London open: AstraZeneca the sole FTSE 100 riser
Friday 30 Sep 2011
Stocks have continued their downward turn amid ongoing uncertainty over the Eurozone situation.
End of the AIM road for Just Car Clinics
Friday 30 Sep 2011
Britain’s second biggest car accident repair chain Just Car Clinics is planning to cancel its listing on AIM after concluding that the benefits do not justify the costs and management time.
London pre-open: Modest falls expected
Friday 30 Sep 2011
There is little sign of London pulling out of its slide, with City sources predicting the FTSE 100 will open down 38 points from yesterday's close of 5,197.
QinetiQ says trading beats expectations
Friday 30 Sep 2011
QinetiQ, the maker of defence gadgets, said its performance in the first six months has been better than expected.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN