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President Obama has increased the pressure on Israel and Hamas to agree a truce before a ground war breaks out in Gaza and pushes any prospect of peace "way off in the future". Talks brokered by Egypt were continuing through the fifth day of violence, and Palestinian sources have claimed that a deal
18 Nov 12 20:34- FTSE 100 at lowest level since early September - US, Eurozone and UK data disappoints - BP reaches settlement with US DoJ Political uncertainty and disappointing economic figures the world over weighed heavily on UK stock markets today, pushing the FTSE 100 close to its lowest levels since early
15 Nov 12 16:31Evraz, the steel, mining and vanadium group, was recovering well a day after proposing that a covenant be removed relating to $577m of outstanding guaranteed notes due 2015. The miner is seeking to remove a covenant requiring the company to maintain the net leverage ratio at or below a specified lev
15 Nov 12 15:48US budget talks, Eurozone debt concerns and violence in the Middle East combined to pressure stocks lower on Thursday, pushing the Footsie to levels not seen since early September. The FTSE 100 hit an intraday low of 5,687 early on, before recovering to around the 5,700 mark by lunchtime. The last
15 Nov 12 11:49- Stocks track US markets lower on fiscal cliff concerns - Spain said to be nearing bailout request - Banks fall after broker downgrades Concerns about the global economy took centre stage again on Wednesday morning, causing the Footsie to sink early on as general strikes take place in Spain, Portu
14 Nov 12 08:24Banking stocks were among the best performers on Monday afternoon with all the big UK lenders making gains. Lloyds was a high riser on the FTSE 100 after UBS raised its target price for the shares from 44p to 46p, saying that the bank's third-quarter results showed "solid progress and improving mom
12 Nov 12 14:52Greek lawmakers approved the country's 2013 austerity budget early Monday, an essential step in Greece's efforts to persuade its international creditors to unblock a vital rescue loan installment without which the country will go bankrupt. The budget passed by a 167-128 vote in the 300-member Parlia
12 Nov 12 07:08- Uni of Michigan confidence index rise beats forecasts - Chinese data offset by Greek concerns - Footsie finishes lower, but well off intraday lows After steep falls for most of the session, UK stocks picked up in afternoon trade to finish only slightly lower by the close after a reading of US con
9 Nov 12 16:42Car insurance giant Admiral was the highest riser of the day today after Bank of America hiked its rating on the stock by two notches from 'underperform' to 'buy'. Analyst William Hardcastle said: "We are shifting our focus away from the PE growth multiple (close to historical low at 10.7 times) t
9 Nov 12 16:02Cyclical stocks such as those in the mining and banking sectors were under the weather on Friday afternoon as sentiment on global stock markets continues to be hampered by concerns about Greece's finances. Talvivaara, the FTSE 250 nickel miner, was suffering heavy falls today, pushing the industria
9 Nov 12 14:27- Greek bailout delay worries sink markets - Chinese inflation data leaves door open for more stimulus - Admiral gains after upgrade; IAG rises on Iberia plans Concerns about Greece have offset some better-than-expected economic data from China this morning, with the FTSE 100 trading firmly in the
9 Nov 12 11:35The International Monetary Fund has told France to take urgent measures to head off national economic decline, warning that the country risks being left behind as southern Europe embraces reform. Throwing the guantlet at the feet of the Socialist president Francois Hollande, the IMF said rising tax
6 Nov 12 07:17- Better-than-expected US data bolsters gains late on - Corporate earnings from Lloyds, BT, BSkyB and others impress - Chinese manufacturing figures beat estimates A flood of economic data from the US and China and a barrage of well-received results from some heavyweight stocks in the UK helped the
1 Nov 12 16:46Sir David Walker, the newly-installed Chairman of Barclays, has swelled his stake in the company with the addition of 50,000 shares just one day after the company delivered a rise in adjusted third-quarter pre-tax profit. Walker added 50,000 shares at 230.19p each, taking his share in the company
1 Nov 12 16:01Barclays has been ordered to pay a 470m dollars (293m pounds) in fines and other penalties by the US energy regulatory after being found to have manipulated the American electricity market. The US Federal Energy Regulatory Commission (FERC) has provisionally fined Barclays a total of 435m dollars an
1 Nov 12 07:01
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