Royal Mail shares soar on debut
07:38pm 11 October 2013
Shares in Royal Mail close at 455p on their first day of conditional trading - up 38% on their initial 330p offer price.
Royal Mail shares soar on debut
07:38pm 11 October 2013
Shares in Royal Mail close at 455p on their first day of conditional trading - up 38% on their initial 330p offer price.
South Africa's Transnet says obtains court order to halt strike
07:28pm 11 October 2013
JOHANNESBURG (Reuters) - South African logistics firm Transnet said on Friday it had obtained a court order to prevent a strike that a union threatened to launch this week.
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VIDEO: Royal Mail shares rise 38%
07:21pm 11 October 2013
Royal Mail shares closed at 455p after the first day of conditional dealings on the London Stock Exchange.
VIDEO: Royal Mail shares rise 38%
07:21pm 11 October 2013
Royal Mail shares closed at 455p after the first day of conditional dealings on the London Stock Exchange.
G20 presses U.S. to act quickly to avoid default
07:06pm 11 October 2013
WASHINGTON (Reuters) - Finance officials from the world's biggest economies on Friday pressed the United States to head off a potentially devastating default and vowed to proceed carefully when the...
Analysis - Wells wealth sector goosed by asset-based fees; commissions fall
07:05pm 11 October 2013
NEW YORK (Reuters) - Fees drove a 33 percent rise in profits at Wells Fargo Corp's brokerage and wealth management businesses in the third quarter from the same quarter a year ago, underscoring the...
Strong Royal Mail market debut fuels debate over price
06:58pm 11 October 2013
LONDON (Reuters) - Shares in Royal Mail rocketed to a near 40 percent premium above their issue price in Friday's stock market debut, fuelling a debate about whether they had been priced too low in...
Auto-enrolment regulations revised after first year
06:37pm 11 October 2013
Pension minister Steve Webb has today announced a series of technical changes to the government's auto-enrolment programme that are intended to make it easier for smaller companies to add their...
Autumn Statement due in December
06:35pm 11 October 2013
The Chancellor of the Exchequer, George Osborne, confirms this year's Autumn Statement will be on 4 December.
Autumn Statement due in December
06:35pm 11 October 2013
The Chancellor of the Exchequer, George Osborne, confirms this year's Autumn Statement will be on 4 December.
JPMorgan falls to first loss under Dimon
06:29pm 11 October 2013
First loss under chief who took post in 2005 caused by litigation costs amid settlement negotiations with US authorities over mis-selling claims
JPMorgan posts first loss since 2004, a blow to Dimon
06:21pm 11 October 2013
(Reuters) - JPMorgan Chase & Co Inc's hard-charging chief executive, Jamie Dimon, looked a bit more vulnerable on Friday after the bank took a $7.2 billion hit from penalties, expected future...
UK housing boom hopes lift Travis
06:15pm 11 October 2013
Travis Perkins, up 3.3%, leads London market higher, which rallied 0.9%, on expectations it would beat forecasts in an forthcoming trading update
UK housing boom hopes lift Travis
06:15pm 11 October 2013
Travis Perkins, up 3.3%, leads London market higher, which rallied 0.9%, on expectations it would beat forecasts in an forthcoming trading update
PotashCorp shares fall as profit guidance cut
06:07pm 11 October 2013
Saskatchewan-based group cuts third-quarter profit guidance amid continuing row between Uralkali of Russia and its marketing partner Belaruskali
Osborne says met U.S.'s Lew, Boehner and Ryan
06:02pm 11 October 2013
WASHINGTON (Reuters) - Chancellor George Osborne said on Friday that U.S. Treasury Secretary Jack Lew, House of Representatives Speaker John Boehner and Republican Representative Paul Ryan all...
City of fickle gods
05:56pm 11 October 2013
Revival of British finance should not herald era of excess. There is light at the end of the tunnel, but it is a glimmer for an industry that once burnt bright
U.S. looking at alleged forex manipulation - source
05:55pm 11 October 2013
WASHINGTON (Reuters) - The U.S. Justice Department is making inquiries into allegations of foreign exchange rate manipulation centred on the Swiss franc, but has left the heavy lifting to Europe,...
Dollar up on hopes for Washington talks
05:49pm 11 October 2013
Dollar up on the week as markets hope a US debt ceiling resolution will end talk of missed debt payments by the world’s largest economy
Latest US debt crisis talks 'useful'
05:28pm 11 October 2013
US Republicans and the White House say latest talks to avert a looming debt crisis were useful, but they break up without agreement.
US refiners helped by cheap domestic crude
05:26pm 11 October 2013
Surging shale oil production plugs the gap from supply disruptions within the Opec oil cartel, according to the IEA, as US refineries process 1m-plus b/d
Royal Mail rallies on debut, FTSE 100 up on U.S. debt hopes
05:14pm 11 October 2013
LONDON (Reuters) - British equities rose on Friday, with market attention focused on the debut of Royal Mail, up 35 percent from its issue price after one of the country's biggest privatisations in...
China sex trade infiltrates international hotels
05:12pm 11 October 2013
How the sex trade is infiltrating international hotels in China
Conference will bring jobs to NI
05:05pm 11 October 2013
This week's investment conference will bring hundreds, if not thousands, of jobs to Northern Ireland, First Minister Peter Robinson says.
Conference 'will bring jobs to NI'
05:05pm 11 October 2013
This week's investment conference will bring hundreds, if not thousands, of jobs to Northern Ireland, First Minister Peter Robinson says.
'Conspiracy' over energy bills claim
04:49pm 11 October 2013
Leading climate economist Lord Stern says that blame for rising energy bills is being unfairly shifted on to green taxes.
'Conspiracy' over energy bills claim
04:49pm 11 October 2013
Leading climate economist Lord Stern says that blame for rising energy bills is being unfairly shifted on to green taxes.
Firefighters announce further strikes in pensions dispute
04:17pm 11 October 2013
Firefighters in England and Wales are to strike again next week over what they claim are government 'attacks' on their pensions, the Fire Brigades Union announced today.
Exclusive - Glencore, Vale in talks over Canadian nickel tie-up: sources
04:06pm 11 October 2013
LONDON/TORONTO (Reuters) - Glencore Xstrata and Vale have revived talks over a potential combination of the mining groups' nickel operations in Canada's Sudbury basin, in an effort to cut costs as...