News and comment
Welcome to your on-line financial newsletter. This service is regularly
updated to bring you news of important developments in financial matters.
Citywire Investment News
- Shell profits nearly double
Thu, 29 Jul 2010 16:15:00 +0100
(Update) Anglo-Dutch oil giant Royal Dutch Shell said its profits had soared 94% in the second quarter thanks to oil price rises, production increases and cost-cutting.
- Towergate launches RDR transition service
Thu, 29 Jul 2010 12:07:26 +0100
Towergate Financial is to allow advisers access to its investment proposition and platform as part of a service to help firms prepare for the retail distribution review and improve client communication.
Citywire Money, Tax and Property
- House prices rise slightly in June
Wed, 28 Jul 2010 13:07:44 +0100
Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.
FT.com - Financial Markets News
- Profit-taking and forecasts damp Europe?s mood
Thu, 29 Jul 2010 19:18:08 GMT
A rally in telecoms companies had put the eurozone core back into positive territory in early trading, but a poor performance on Wall Street later hit confidence
- Chocolatier sees cocoa prices staying high
Thu, 29 Jul 2010 18:48:56 GMT
Barry Callebaut chief warned prices could stay at current high levels for the foreseeable future because of continued demand pressure and scarce supply
- Dollar lower as carry trade returns
Thu, 29 Jul 2010 18:40:44 GMT
The Federal Reserve?s cautious outlook for the world?s biggest economy sends the dollar to a three-month low on a trade-weighted basis, as further fragile data adds to concern
BBC Business News
- Jailed Enron boss requests bail
Thu, 29 Jul 2010 18:30:27 +0000
The former chief executive of Enron, Jeffrey Skilling, has applied for bail. His lawyer says his conviction for fraud will be overturned.
- Green shoots of recovery in Europe?
Thu, 29 Jul 2010 18:21:49 +0000
A raft of European firms have announced bumper profits, fuelling hopes that the economy is on the right track following the recession.
- Results boost AstraZeneca shares
Thu, 29 Jul 2010 17:37:31 +0000
Shares in AstraZeneca rise more than 3% after the drug company reports a rise in profits after strong sales of key drugs.
Citywire News
- Shell profits nearly double
Thu, 29 Jul 2010 16:15:00 +0100
(Update) Anglo-Dutch oil giant Royal Dutch Shell said its profits had soared 94% in the second quarter thanks to oil price rises, production increases and cost-cutting.
- Leading fund manager slashes US exposure in half
Thu, 29 Jul 2010 11:56:14 +0100
Jupiter Financial Opportunities manager Philip Gibbs has halved his Financial Opportunities fund's exposure to North America from 26% to 13% within the last month.
BBC News
- Bollywood version of Austen's Emma
Thu, 29 Jul 2010 18:56:23 +0000
A modern Bollywood adaptation of Jane Austen's Emma is set to hit the big screen. Anna Holligan went to meet its stars.
- Cable TUC invitation 'withdrawn'
Thu, 29 Jul 2010 18:46:14 +0000
Business Secretary Vince Cable will not address the TUC's annual congress after his invitation to speak was withdrawn.
- Frenchwoman 'smothered newborns'
Thu, 29 Jul 2010 18:32:30 +0000
Prosecutors say a Frenchwoman has admitted killing eight newborn babies after remains are found in a northern village but says her husband knew nothing.
- Live text - Rabotnicki v Liverpool
Thu, 29 Jul 2010 18:31:49 +0000
Liverpool travel to Macedonia for their Europa League third qualifying round tie, the first competitive match under new manager Roy Hodgson.