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Data showing improving confidence in Germany and the States wasn't enough to lift markets on Tuesday as investor sentiment was rattled by escalating tensions between Syria and the West. Business confidence in Germany improved across the board in August as the Eurozone's largest economy continues to
Read morePrecious metal companies Fresnillo and Randgold Resources gained as the prices of gold, silver and copper surged. Petrofac advanced as analysts at Liberum Capital said the weakness in shares and the oilfield services company's upbeat outlook presented a good buying opportunity. Marks & Spencer ra
Read moreEscalating tensions in the Middle East dented investor sentiment on Tuesday morning as traders largely shook off some upbeat economic data closer to home. Business sentiment in Germany improved across the board in August as the Eurozone's largest economy continues to build momentum. The IFO report,
Read moreInvestec has downgraded its rating for British Airways owner International Airlines Group (IAG) from 'buy' to 'hold' after strong gains seen across the airlines sector since the start of the year. "European airlines have benefited from reduced capacity and a flattening of fuel prices in 2013. Stron
Read moreAdmiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.
Read moreHIgh Street giant Marks & Spencer (M&S) was performing well on Tuesday morning after Citigroup upgraded the stock from 'neutral' to 'buy' and lifted its target price from 470p to 535p. "The combination of recent, material upgrades to UK economic growth forecasts, and M&S management initiatives have
Read moreStocks fell on Tuesday morning after a three-day weekend as markets attempted to play catch-up following negative sessions in the US and Asia overnight. Concerns over Syria are likely to weigh on sentiment after US Secretary of State John Kerry said last night that Syria would be held accountable f
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LONDON, Aug 20 (Reuters) - Kate Bostock, the former boss of clothing at Marks & Spencer, has returned to Britain's stores sector as chief executive of Coast, the privately owned women's fashion chain said on Wednesday. Bostock quit online fashion retailer ASOS in July after just seven month
Read moreLONDON, Aug 20 (Reuters) - Kate Bostock, one of the biggest names in Britain's retail industry, is going to head up privately owned clothing chain Coast, as it eyes international expansion, according to British media reports. Bostock quit online fashion retailer ASOS last month after just s
Read moreLONDON, Aug 20 (Reuters) - Marks & Spencer, Britain's biggest clothing retailer, said customer service was not at risk as it builds up capacity at a huge new distribution centre in central England. Shares in M&S, which also sells homewares and upmarket food, fell as much as 0.9 percent on T
Read moreConcerns about the future of US stimulus continued to weigh on stocks on Monday with London's mining sector bearing the brunt of a reduction in risk appetite amongst investors. Market sentiment has been fragile in recent weeks due to heightened speculation that the Federal Reserve will taper its qu
Read moreLONDON, Aug 19 (Reuters) - Marks & Spencer is hoping a high-profile ad campaign featuring some of Britain's biggest female celebrities will boost sales of its make-or-break autumn/winter fashion range when it debuts in September. The campaign features Oscar-winning actress Helen Mirren, for
Read moreMarks & Spencer topped the FTSE as the retailer launched its Britain's Leading Ladies campaign to promote its new autumn/winter fashion collection. The advertisement features stars including Helen Mirren, Tracey Emin and Ellie Goulding. Petrofac, which provides facilities services to the oil, gas
Read moreLONDON, Aug 16 (Reuters) - Tesco has become the latest British retailer to link-up with television show Downton Abbey, hoping an association with the popular post-Edwardian period drama will boost sales of its premium own-brand food range. Britain's biggest grocer said on Friday the "Tesco
Read moreMining companies rallied after a slate of upbeat Chinese data eased worries of a slowdown in the world's second largest economy. Fresnillo and Glencore Xstrata were the top risers followed by Randgold Resources, Anglo American and Rio Tinto. Vodafone Group edged higher after announcing it would l
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