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* FTSEurofirst 300 down 0.6 pct * Italy's FTSE MIB among worst performing stock indexes * AB Foods drops as Suedzucker warns on sugar outlook By Tricia Wright LONDON, April 8 (Reuters) - European shares fell for a second day on Tuesday as investors sold out of some of the
Read more* 598.4 million pounds paid out by banks at end March * 4 billion pounds has been set aside by 'Big 4' banks * Some firms taking legal action for consequential losses * Consequential loss bill could be 6 bln stg -Claims Firm * Average payout falls to 131,000 pounds/case
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LONDON (Alliance News) - Sports Direct International founder and deputy Chairman Mike Ashley has sold a 4% stake in the firm, causing a sharp fall in its share price, just days after the sports goods retailer's shareholders again rejected a proposal to pay him a bonus.
- FTSE 100 at lowest since March 24th - Ukraine tensions flare up - US stocks fall ahead of Q1 earnings season - Sports Direct sinks on Ashley share sale, grocers fall techMARK 2,697.79 -1.18% FTSE 100 6,559.14 -0.96% FTSE 250 16,015.95 -1.52% UK stocks fell one per cent by Tuesday lunchtime, tra
Read moreLONDON (Alliance News) - Bob Diamond, the former Chief Executive of Barclays PLC, has turned to his old stomping ground in order recruit the new leader of Atlas Mara Co-Nvest Ltd, the investment company he co-founded to make financial services acquisitions in Africa. In a statement, Tuesday
Read moreBritain's biggest banks have so far paid around 600m pounds for mis-selling interest rate hedging products, according to the UK's Financial Conduct Authority (FCA). The banks have set aside £4bn to compensate small firms. Banks including Barclays, HSBC, Royal Bank of Scotland and Lloyds Banking Gr
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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Sports Direct International PLC said Mike Ashley, its founder and deputy chairman, sold 24 million ordinary shares, representin
(Corrects misspelt surname in next-to-last paragraph.) * FTSEurofirst 300 flat, Euro STOXX 50 up 0.1 pct * Saint-Gobain down 3 percent after Groupama placing * Carrefour hit by profit takers ahead of results By Francesco Canepa LONDON, April 8 (Reuters) - Europe's ma
Read moreLONDON, April 8 (Reuters) - Britain's biggest banks have so far paid out less than 600 million pounds ($997 million) from more than 4 billion pounds set aside to compensate small firms mis-sold complex interest rate hedging products. The Financial Conduct Authority said banks including Barc
Read more- Ukraine tensions running high - Wall Street sell-off continues ahead of Q1 earnings - BoJ holds steady despite tax hike - Sports Direct slumps, miners gain techMARK 2,725.79 -0.16% FTSE 100 6,609.27 -0.20% FTSE 250 16,217.75 -0.28% Growing tensions in Ukraine pushed UK stocks lower on Tuesday mo
Read more* Atlas Mara names ex-marine Vitalo as CEO * Venture aims to be sub-Saharan Africa's leading bank By Steve Slater LONDON, April 8 (Reuters) - Ex-Barclays boss Bob Diamond has poached a former senior colleague from the British bank to head Atlas Mara, a venture he wants to build
Read moreLONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine.
Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers w
Barclays has reached a settlement with a UK care operator over claims the bank mis-sold products linked to benchmark interest rates. The lender's employees and previous executives, including former Chief Executive Bob Diamond, had been due to testify in London's High Court on April 29th. It was s
Read moreLONDON (Alliance News) - Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers might take the legal route against banks over the manipulation of the Libor benchmark rate. The accusation had been that Barc
Read more(Adds details) By Steve Slater LONDON, April 7 (Reuters) - Barclays has reached a settlement with a UK care home operator weeks before the start of a court case that was seen as a test case for whether customers might sue banks over the manipulation of Libor interest rates. Barc
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