News

UK

 Strong earnings rekindle London rally 

Thursday, July 29, 2010
London equities make fresh gains, with sentiment reinvigorated by a series of well-received company updates

 International Power and FTSE lose steam 

Wednesday, July 28, 2010
Terms of proposed reverse takeover by GDF Suez may disappoint

 Banks agree additional funding for Connaught 

Thursday, July 29, 2010
The troubled social housing maintenance company, which had warned that it was in urgent need of additional funding, has agreed an additional £15m short-term overdraft facility with its bankers

 Rexam rebound marred by Coke contract jitters 

Thursday, July 29, 2010
A return to profit at the world's biggest maker of beverage cans has been clouded by market concerns about negotiations with Coca-Cola in North America

 Morgan Crucible draws strength from revamp 

Thursday, July 29, 2010
Demand in emerging markets helps boost the British industrial group, which sounded a cautiously upbeat tone for the rest of the year after its pre-tax profit for the first half more than doubled to...

 Centrica wants guarantee for new plants 

Thursday, July 29, 2010
The British Gas owner, whose earnings more than doubled at end-June, says energy companies will need more incentives to boost investment in nuclear stations

 Lloyds to retain stake in St James's Place 

Thursday, July 29, 2010
The wealth management group, which reported strong growth in first-half figures to June 30, said Lloyds had committed to keeping a majority shareholding

 Activists heckle Vedanta over bauxite mine 

Wednesday, July 28, 2010
Vedanta's board defended the company's practices against several human rights groups who packed its annual meeting where activists jeered chairman Anil Agarwal

 Sage in lead to buy IT group with €650m bid 

Wednesday, July 28, 2010
Software group Sage is expected to outbid buy-out groups HgCapital and Cinven to acquire Italian business software company TeamSystem for up to €650m

 Michael Page is winning the 'war for talent' 

Wednesday, July 28, 2010
Steve Ingham, chief executive of Michael Page International, says that the frequency of movement between jobs has fuelled the recruitment industry out of recession

 Asia-focus banks carry Footsie to 10-week high 

Tuesday, July 27, 2010
Goldman Sachs talks up their potential growth as a result of China's loosening of currency controls

 Triple bonus boosts Europe bank shares 

Tuesday, July 27, 2010
FTSE Eurofirst banks index closed up nearly 5 per cent, best performance since €750bn eurozone bail-out package was sealed in May