News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- Lloyds to cut 900 jobs
Tue, 07 Feb 2012 13:56:29 Z
Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
- Why it's too soon to call the end of treasuries' bull run
Tue, 07 Feb 2012 13:55:24 Z
Risk assets have got off to a good start this year but strategists are sceptical about calling time on treasuries' bull run with so much uncertainty remaining in the global economy.
- Skandia drops Aviva Investors from Best Ideas after job cuts
Tue, 07 Feb 2012 13:53:29 Z
Skandia Investment Group has removed Aviva Investors? manager Julius Lipner from running money for its Skandia UK Strategic Best Ideas fund, following the strategic review of the firm.
- The Polar Cap tech team's take on Facebook hype
Tue, 07 Feb 2012 13:48:50 Z
Polar Capital?s Nick Evans and Ben Rogoff believe a successful Facebook floatation will act as a positive catalyst for other social media related stocks, particularly LinkedIn and Chinese company Sina.
BBC Business News
- Euro 'could survive Greece exit'
Tue, 07 Feb 2012 13:53:06 GMT
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
- UK bookings boost for Tui Travel
Tue, 07 Feb 2012 13:50:01 GMT
Europe's biggest travel group Tui Travel says its UK bookings have performed better than the overall market in recent months.
- Glencore-Xstrata in $90bn merger
Tue, 07 Feb 2012 13:01:44 GMT
Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
- Empty shop numbers 'set to rise'
Tue, 07 Feb 2012 12:19:22 GMT
The number of empty shops on the UK's high streets is set to increase this year, a survey says, as economic conditions get tougher.
BBC News
- Euro 'could survive Greece exit'
Tue, 07 Feb 2012 13:53:06 GMT
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
- Abu Qatada 'may yet be deported'
Tue, 07 Feb 2012 13:52:17 GMT
The government is still working with Jordan to try to reach assurances that will allow radical cleric Abu Qatada to be deported, the attorney general says.
- Russia 'wants Arab role in Syria'
Tue, 07 Feb 2012 13:51:31 GMT
Russian Foreign Minister Sergey Lavrov calls for a solution to the Syria crisis based on the Arab League's plan, after seeing leaders in Damascus.
- Chinese workers released in Sudan
Tue, 07 Feb 2012 13:51:20 GMT
A group of Chinese workers kidnapped by rebels in Sudan last month has been freed and flown to Kenya, officials from both countries say.
