News
Keep an eye on the news! These news feeds are produced by a third party, and neither we nor our representatives are responsible for the accuracy of the information contained therein.
- Dublin in move to split Anglo Irish Bank
The Irish government has sought to bring to a close the costly bail-out of Anglo Irish Bank with the decision to formally separate the bank's troubled property loans from itscustomer deposits
Posted on 8 September 2010 | 8:54 pm
- Goldman veteran to join Glaxo as finance chief
Simon Dingemans is leaving the bank to join drugmaker GlaxoSmith-Kline as chief financial officer at a time when global mergers and acquisitions activity is starting to heat up
Posted on 8 September 2010 | 7:39 pm
- Grant Thornton responds to non-exec code
Grant Thornton is the first major UK auditor to take action to new governance rules by announcing the appointment of independent non-executive directors to help oversee its business
Posted on 8 September 2010 | 7:34 pm
- Paulson & Co funds hit by US economy fears
Investor says the world's third-biggest hedge fund manager's bullish bets on banks and the US housing market and economy generated losses of 9.13 per cent in August for its Recovery fund
Posted on 8 September 2010 | 7:09 pm
- Glencore takes stake in coalminer PT Bumi
The world's largest commodities trader steps up its bet on coal, buying a nearly 5% stake in PT Bumi, the Indonesian miner for about $200m
Posted on 8 September 2010 | 1:07 pm
- Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
(Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report.
Posted on 8 September 2010 | 3:50 pm
- Economic growth slowing but remains 'robust', says think tank
UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
Posted on 8 September 2010 | 3:00 pm
- GAM launches market neutral credit Newcits fund
GAM has added another fund to its growing Newcits range with the launch of the GAM Star Diversified Market Neutral Credit fund on its Ucits III platform.
Posted on 8 September 2010 | 2:08 pm
- Investment Line: eight reasons why deflation is a slow burning threat
The recent rise in commodity prices has raised inflation concerns but Capital Economics believes the biggest threat to the global economy continues to be deflation.
Posted on 8 September 2010 | 1:38 pm
- Aegon to close half its sales offices and cut 106 jobs
Aegon is to close six of its 12 IFA-facing sales branches and is to cut 106 jobs as part of the restructuring of its UK business.
Posted on 8 September 2010 | 1:30 pm
- Google revamps search system
The search giant launches a system with web links appearing as soon as characters are typed into the query box.
Posted on 8 September 2010 | 9:57 pm
- Dublin to break up Anglo Irish
The Irish government has said it will break up the nationalised Anglo Irish Bank.
Posted on 8 September 2010 | 9:39 pm
- BP spreads blame over oil spill
A BP report says "a series of failures" by BP and its contractors were to blame for the massive Gulf of Mexico oil spill.
Posted on 8 September 2010 | 9:38 pm
- Goldman Sachs fined £20m by FSA
Wall Street banking giant Goldman Sachs is fined £20m by the UK's financial watchdog, the BBC learns.
Posted on 8 September 2010 | 9:24 pm
- Greece economy contracts by 1.8%
The debt-laden Greek economy shrank by a surprise 1.8% in the second quarter as households slashed spending.
Posted on 8 September 2010 | 8:03 pm
- Food Prices Rise At Fastest Rate For A Year
The price of groceries such as bread and cereal is rising at its fastest rate for a year as the cost of wheat rockets.
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- 'Growth, Not Inflation Risk, Is UK Priority'
The Bank of England is right to treat growth as the priority rather than see inflation as the key threat facing the economy, experts say.
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- UK Manufacturers See Best Growth In 15 Years
The head of steam built up by UK manufacturers shows little sign of abating, with the sector enjoying its best run for 15 years.
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- Branson's Virgin Money Creates 200 Jobs
Virgin Money has created 200 jobs in Edinburgh as it seeks to make inroads into the British banking sector.
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- Job Loss Fears As Housing Firm Collapses
Workers at social housing giant Connaught have been warned of job losses after the group collapsed into administration.
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Keep an eye on the news! These news feeds are produced by a third party, and neither we nor our representatives are responsible for the accuracy of the information contained therein.