News and comment

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The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• Investment Line: Has the recession permanently damaged UK GDP?
  Fri, 03 Sep 2010 14:00:34 +0100
  Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.
  

• Global markets soar as US jobs data brings more cheer
  Fri, 03 Sep 2010 13:58:10 +0100
  Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
  

• Wealth managers recover second quarter losses
  Fri, 03 Sep 2010 13:20:46 +0100
  Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.
  

• The financial crisis isn?t the problem ? it's expensive old people
  Fri, 03 Sep 2010 12:18:23 +0100
  We risk ignoring 'the fiscal challenge of the 21st century'.
  

BBC News

• Netherlands coalition talks fail
  Sat, 04 Sep 2010 04:14:29 GMT
  Talks to form a coalition government in the Netherlands collapse as the leader of the far-right Freedom Party Geert Wilders walks out.
  

• Coulson 'safe' over phone claims
  Sat, 04 Sep 2010 04:10:21 GMT
  Downing Street's head of communications, Andy Coulson, is safe in his job despite phone hacking claims surrounding the News of the World newspaper, says a senior government source.
  

• Police question Pakistan players
  Sat, 04 Sep 2010 02:21:02 GMT
  Police question the three Pakistan players accused of corruption, while the ICC says that trio implicated have a disciplinary case to answer.
  

• Poll 'backs move from New Labour'
  Sat, 04 Sep 2010 01:44:57 GMT
  A poll commissioned by Ed Miliband's leadership campaign finds voters are less likely to vote Labour if there is not a shift from New Labour policies.
  

BBC Business News

• Nigerian economy 'to grow by 10%'
  Fri, 03 Sep 2010 23:04:42 GMT
  Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister says.
  

• Bank customers in 'dire poverty'
  Fri, 03 Sep 2010 23:02:20 GMT
  Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
  

• Petrobras files $65bn share offer
  Fri, 03 Sep 2010 20:12:33 GMT
  The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers.
  

• HSBC threatens to quit London HQ
  Fri, 03 Sep 2010 17:19:19 GMT
  HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
  

Citywire News

• Saturday Papers: tips and comment
  Sat, 04 Sep 2010 00:01:00 +0100
  Best police against frauds are employees - 40% of detections come from tip-offs.
  

• Saturday Papers: US jobs data allay double dip concerns - other news
  Sat, 04 Sep 2010 00:01:00 +0100
  The private sector had created 235,000 jobs in the past three months.
  

• Saturday Papers: Beijing eyes counterbid for PotashCorp - bid news and gossip
  Sat, 04 Sep 2010 00:01:00 +0100
  The Chinese government has backed Sinochem to trump BHP Billiton?s $39bn hostile offer.
  

• Mortgages: cut out the middle man for the best rates
  Sat, 04 Sep 2010 00:01:00 +0100
  Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
  

FT.com - Financial Markets News

• Swiss franc benefits from haven status as doubts spread
  Fri, 03 Sep 2010 22:07:29 GMT
  Swiss franc hits record high against the euro and nears parity against the dollar as worries over the global economic recovery drive haven demand
  

• Bold financial seers look to models rather than the herd
  Fri, 03 Sep 2010 21:59:46 GMT
  Stocks have lost nearly half of their value twice in the past decade yet a suggestion the same is about to happen again draws scorn on Wall Street
  

• Investors? turn to linkers and gold to hedge uncertainty
  Fri, 03 Sep 2010 21:23:56 GMT
  In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman?s notion of handing out cash to stop falling prices
  

• Volatility and poor returns killing equities cult
  Fri, 03 Sep 2010 21:17:52 GMT
  More market professionals are asking if the brutal de-rating suffered by equities during the past decade means the cult of equity is dying
  

FT.com - Equities

• Wall Street takes cheer from employment data
  Fri, 3 Sep 2010 21:38:56 +0100
  US stocks rose, extending this week's rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery
  

• BAE flying high as defence cutbacks look less ominous
  Fri, 3 Sep 2010 20:00:32 +0100
  Bid speculation helps London shares stay positive and to extend winning streak
  

• Strong earnings drive Europe's carmakers
  Fri, 3 Sep 2010 19:31:14 +0100
  European equities had their biggest weekly gain for eight weeks as the region's carmakers led the way with a strong performance against the backdrop of improving sentiment from more positive global economic data
  

• Speculators push up United Utilities and water groups
  Thu, 2 Sep 2010 22:08:42 +0100
  Bid talk and improving corporate newsflow gives the FTSE 100 a shot at holding on to the strong gains generated by strong economic data over the previous session
  

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