Centrica, the energy company which owns British Gas, is hoping to become the leading business-to-business (B2B) gas supplier in the Eastern US through the purchase of a unit of Hess Corporation. [30 Jul '13]
When it issues its summer report, tomorrow, top economic forecaster ITEM Club will argue the economic recovery is real and solid and forecast that exports could jump by almost 5 per cent in 2014. The Club, which is independent, but bases its forecasts on the Treasury's own economic model, will predict the economy will grow 1.1 per cent this year rising to 2.2 per cent in 2014. Peter Spencer, chief economic adviser to the Club, said: 'It is looking much more positive and we a [14 Jul '13]
Strong gains in the financial sectors were lifting markets higher on Friday despite concerns over a slowdown in China, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Bernanke. [12 Jul '13]
Markets looked set to end the week on a high note with financial stocks lifting the FTSE 100 higher in early trading on Friday, as sentiment was buoyed by record highs on Wall Street last night. [12 Jul '13]
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