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
- Shell profits nearly double
Thu, 29 Jul 2010 16:15:00 +0100
(Update) Anglo-Dutch oil giant Royal Dutch Shell said its profits had soared 94% in the second quarter thanks to oil price rises, production increases and cost-cutting.
- Evershed claimed Duffield 'undermined' fund managers' confidence
Thu, 29 Jul 2010 14:24:07 +0100
Fund manager Patrick Evershed can proceed with his case claiming constructive dismissal against the now defunct New Star Asset Management.
- Towergate launches RDR transition service
Thu, 29 Jul 2010 12:07:26 +0100
Towergate Financial is to allow advisers access to its investment proposition and platform as part of a service to help firms prepare for the retail distribution review and improve client communication.
- SC Davies launches global multi-asset funds ahead of RDR
Thu, 29 Jul 2010 11:30:22 +0100
Boutique wealth manager SC Davies Co to launch a trio of funds ahead of the retail distribution review (RDR).
BBC Business News
- Results boost AstraZeneca shares
Thu, 29 Jul 2010 17:37:31 +0000
Shares in AstraZeneca rise more than 3% after the drug company reports a rise in profits after strong sales of key drugs.
- BT profit up despite revenue fall
Thu, 29 Jul 2010 17:36:05 +0000
BT reports what it describes as "acceptable" quarterly results, with profits sharply higher despite a fall in revenue.
- Lufthansa hurt by ash and strike
Thu, 29 Jul 2010 17:28:32 +0000
Lufthansa Group reports a net loss after disruption caused by the ash cloud from the Icelandic volcano and a pilots' strike.
- Toyota announces fresh car recall
Thu, 29 Jul 2010 17:11:18 +0000
Toyota is recalling almost 430,000 vehicles in the US and Japan amid concern over steering problems.
BBC News
- Jobs boost at solar panel factory
Thu, 29 Jul 2010 17:23:48 +0000
Electronics giant Sharp says a "substantial" number of jobs will be created following a £30m expansion of its Wrexham factory.
- Maze site set to be redeveloped
Thu, 29 Jul 2010 17:18:06 +0000
An agreement on the future of the Maze Prison site is reached by the NI first and deputy first ministers, Peter Robinson and Martin McGuinness.
- Big S4C changes as chief leaves
Thu, 29 Jul 2010 17:17:26 +0000
Fundamental changes will be made in the way S4C is run after the sudden departure of chief executive Iona Jones, says the chair of the board which oversees it.
- Toyota announces fresh car recall
Thu, 29 Jul 2010 17:11:18 +0000
Toyota is recalling almost 430,000 vehicles in the US and Japan amid concern over steering problems.
