Copper bounds higher as bearishness retreats
06:25pm 9 August 2013
China reported on Friday a pick-up in factory production, investment and real estate construction for July following much stronger data than expected on imports and exports on Thursday
After nine years, Tesco gives up on cracking China alone
05:55pm 9 August 2013
HONG KONG/LONDON (Reuters) - After nine years in China, British supermarket firm Tesco is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest...
Passengers accuse BA on faulty plane
05:53pm 9 August 2013
Passengers accuse British Airways of putting lives at risk after a Riyadh to London plane made two emergency landings with the same fault.
Passengers accuse BA on faulty plane
05:53pm 9 August 2013
Passengers accuse British Airways of putting lives at risk after a Riyadh to London plane made two emergency landings with the same fault.
JC Penney leads US shares lower
05:53pm 9 August 2013
US stocks fell on Friday, putting the three major indexes on track for their worst week since June, as investors found little incentive to buy equities
Unhelpful companies cloud forecasts
05:28pm 9 August 2013
Regulatory pressure and fears about selective disclosure have all but silenced the dark art of corporate expectation management, say analysts
Unhelpful companies cloud forecasts
05:28pm 9 August 2013
Regulatory pressure and fears about selective disclosure have all but silenced the dark art of corporate expectation management, say analysts
FCA fines Nigerian bank £525,000 over money-laundering controls
05:20pm 9 August 2013
(Reuters) - Britain's financial services regulator said on Friday it had fined the UK subsidiary of Nigeria's Guaranty Trust Bank 525,000 pounds for failing to have adequate controls to prevent money...
China data boosts UK miners to two-month high, FTSE UP
05:09pm 9 August 2013
LONDON (Reuters) - UK-listed miners rose to a two-month high, helping the FTSE 100 index to end stronger on Friday, after factory output data from China boosted the demand outlook for raw materials....
Pound set to dip as Fed to change policy before BoE
05:03pm 9 August 2013
(Reuters) - Britain's pound is set to slip against the dollar over the next year on expectations the U.S. Fed will move first on policy despite economic recoveries gathering steam on both sides of...
Greece says it needs budget surplus, growth to return to bond markets
04:46pm 9 August 2013
ATHENS (Reuters) - Greece must achieve economic growth and a budget surplus excluding interest payments before it can return to bond markets and will meet both conditions next year, finance minister...
Ireland eying backstop credit line focused on banks -government source
04:40pm 9 August 2013
DUBLIN (Reuters) - Ireland aims to secure a precautionary credit line later this year to smooth its exit from an international bailout, and wants any conditions focused solely on its still-troubled...
Hotel deal could see more discounts
04:27pm 9 August 2013
Cheaper hotel rooms could be offered by booking websites after an investigation by the Office of Fair Trading into agreements between hotels and online travel agents.
Hotel deal could see more discounts
04:27pm 9 August 2013
Cheaper hotel rooms could be offered by booking websites after an investigation by the Office of Fair Trading into agreements between hotels and online travel agents.
ZKB most accurate in July FX poll; calls for stronger dollar
04:08pm 9 August 2013
(Reuters) - The dollar will gain broadly against the British pound, the euro and the yen over the course of the next 12 months, according to the most accurate forecaster in the July Reuters foreign...
'Great Rotation' party risks becoming crowded
04:05pm 9 August 2013
LONDON (Reuters) - The world's biggest state-backed funds are joining the "Great Rotation" portfolio switch out of bonds into equities, a move that risks crowding the trade and lessening the allure....
Govt debt funds worldwide see record $4 billion outflow - BofA
04:04pm 9 August 2013
NEW YORK (Reuters) - Investors in funds worldwide pulled a record $4 billion (£2.6 billion) out of funds that hold government bonds worldwide in the latest week as uncertainty grew over when the...
Yen set to weaken, timing of Fed's QE taper to weigh
03:55pm 9 August 2013
(Reuters) - A weaker yen is likely for at least a year and how much it eases in the near term will depend on how soon investors expect the U.S. Fed to start reducing its stimulus, a Reuters poll...
UBS to pay $120 million in settlement over Lehman notes
03:48pm 9 August 2013
(Reuters) - UBS AG has agreed to pay $120 million (£77.3 million) to settle a lawsuit by investors who accused the Swiss bank of misleading them about the financial condition of Lehman Brothers...
'Tax fugitives' list debate deepens
03:48pm 9 August 2013
The UK's tax authority defends the results of publishing a most-wanted list of alleged fraudsters and tax evaders amid criticism from Labour.
'Tax fugitives' list debate deepens
03:48pm 9 August 2013
The UK's tax authority defends the results of publishing a most-wanted list of alleged fraudsters and tax evaders amid criticism from Labour.
Euro's slow weakening trend likely to persist
03:47pm 9 August 2013
LONDON (Reuters) - The euro's slow depreciation against the dollar still has further to run, according to the first Reuters foreign exchange poll since the European Central Bank issued forward...
Exclusive - PetroChina to join Exxon at giant Iraqi oilfield
03:36pm 9 August 2013
BEIJING/MOSCOW (Reuters) - China's biggest energy firm PetroChina will join Exxon Mobil in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil to buy into a second...
Norway oil fund concerned about tax evasion
03:16pm 9 August 2013
OSLO (Reuters) - Norway's $760 billion (£489.3 billion) oil fund, the world's biggest investor, said on Friday tax evasion was a growing concern which it may have to address in future....
Oil price held high by supply disruptions
03:10pm 9 August 2013
At $107 a barrel, Brent crude oil is well above the $100 price target for Opec, but some analysts argue it is still more likely to rise than fall
Specialist wealth managers eye US expats
03:07pm 9 August 2013
US citizens find they are being turned away by UK banks and private client wealth managers who say tax rules make servicing them too difficult
Narrowing trade gap fuels British recovery hopes
03:00pm 9 August 2013
LONDON (Reuters) - Britain's trade deficit narrowed sharply in June while second quarter construction output grew faster than an official estimate, adding to signs the country's economic recovery is...
Germany likely grew by 0.75 percent in second quarter - deputy minister
02:43pm 9 August 2013
BERLIN (Reuters) - The German economy expanded by 0.75 percent in the second quarter, its strongest rate in more than two years, but growth will slow in the second half of the year, German Deputy...
Tesco in talks with China Resources
01:05pm 9 August 2013
China Resources Enterprise is in talks with the UK retailer Tesco about merging their hypermarkets and supermarkets in China.
Tesco in talks with China Resources
01:05pm 9 August 2013
China Resources Enterprise is in talks with the UK retailer Tesco about merging their hypermarkets and supermarkets in China.