EasyJet investors vote in favour of pay deal Rhys Jones - Reuters - 1 hour 15 minutes agoLONDON (Reuters) - EasyJet Plc's shareholders voted overwhelmingly in favour of a motion to award its top executives a multi-million pound pay package, dealing a blow … More »EasyJet investors vote in favour of pay deal
LONDON (Reuters) - EasyJet Plc's shareholders voted overwhelmingly in favour of a motion to award its top executives a multi-million pound pay package, dealing a blow to the airline's founder and largest shareholder Stelios Haji-Ioannou who opposed the pay deal. At its annual shareholder meeting on Thursday some 97 percent …
- Informa boosts dividend on strong profit Reuters - 4 hours ago
(Reuters) - British business media group Informa plc raised its final dividend by a fourth, following strong full-year results that were boosted by its academic and events … More »Informa boosts dividend on strong profit
(Reuters) - British business media group Informa plc raised its final dividend by a fourth, following strong full-year results that were boosted by its academic and events businesses. Shares of the company, which owns brands such as Lloyd's List and Datamonitor, jumped as much as 5 percent to 438.6 pence -- their highest …
- Bodycote profit surges, sees market share gains in 2012 Reuters - 5 hours ago
(Reuters) - British engineering firm Bodycote said it expected to gain more market share this year on the back of strong sales in emerging markets and its aerospace and … More »Bodycote profit surges, sees market share gains in 2012
(Reuters) - British engineering firm Bodycote said it expected to gain more market share this year on the back of strong sales in emerging markets and its aerospace and defence segment. Shares of the Macclesfield, Cheshire-based company, which has a market capitalization of about 645 million pounds, surged 13 percent to …
Markets ease as focus moves to growth, oil prices Chikako Mogi - Reuters - 6 hours agoTOKYO (Reuters) - Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into … More »Markets ease as focus moves to growth, oil prices
TOKYO (Reuters) - Asian shares and the euro fell on Thursday on concerns about global growth driven by higher oil prices and data showing the euro zone may slip into recession, fanning fresh worries about Greece's debt restructuring challenges. MSCI's broadest index of Asia Pacific shares outside Japan slid 0.6 percent, …
- RSA slows dividend growth as low yields bite Reuters - 6 hours ago
LONDON (Reuters) - British insurer RSA on Thursday posted higher-than-expected profit for 2011 as cost cuts helped offset big catastrophe claims, and said it would increase … More »RSA slows dividend growth as low yields bite
LONDON (Reuters) - British insurer RSA on Thursday posted higher-than-expected profit for 2011 as cost cuts helped offset big catastrophe claims, and said it would increase its shareholder dividend more slowly because of weak investment returns. RSA, Britain's biggest commercial insurer, said its 2011 operating profit rose …
China risks economic crisis if no reforms: report AFP - AFP - 7 hours agoChina could face an economic crisis if it does not implement major reforms in the next 20 years, the Wall Street Journal said Thursday, citing a report by the World Bank … More »China risks economic crisis if no reforms: report
China could face an economic crisis if it does not implement major reforms in the next 20 years, the Wall Street Journal said Thursday, citing a report by the World Bank and Chinese government researchers.
- Growth concerns hit stocks, oil at 9-month high Caroline Valetkevitch - Reuters - 18 hours ago
NEW YORK (Reuters) - Global stocks slipped and the euro was little changed on Wednesday after data showed the euro zone may be sliding toward recession and China's new … More »Growth concerns hit stocks, oil at 9-month high
NEW YORK (Reuters) - Global stocks slipped and the euro was little changed on Wednesday after data showed the euro zone may be sliding toward recession and China's new export orders shrank in February. Brent crude oil prices climbed to nine-month highs as worries that Iran might interrupt supply outweighed concerns about …
FTSE edges lower led by weak banks, miners Jon Hopkins - Reuters - 20 hours agoLONDON (Reuters) - The leading share index edged lower on Wednesday as investors refocused on fundamentals, specifically weaker-than-expected euro zone data, with the … More »FTSE edges lower led by weak banks, miners
LONDON (Reuters) - The leading share index edged lower on Wednesday as investors refocused on fundamentals, specifically weaker-than-expected euro zone data, with the Greek debt restructuring theatricals out of the way for now. Recession concerns increased after data showed the euro zone's service sector unexpectedly shrank …
- House builder Barratt back in black as focus pays off Clare Kane - Reuters - Wed, Feb 22, 2012
LONDON (Reuters) - House builder Barratt returned to profit in the first half, thanks to its focus on higher-margin regions and on houses rather than apartments, and … More »House builder Barratt back in black as focus pays off
LONDON (Reuters) - House builder Barratt returned to profit in the first half, thanks to its focus on higher-margin regions and on houses rather than apartments, and said the positive trend had continued with a jump in sales at the start of this year. Its shares rose to a near two-year high of 135.3 pence and were up 4 …
HSBC to issue shares to pay UK bonuses - source Reuters - Tue, Feb 21, 2012LONDON (Reuters) - HSBC Holdings is to issue shares to pay the cash element of bonuses for its UK bankers in response to regulatory pressure to preserve capital, a person … More »HSBC to issue shares to pay UK bonuses - source
LONDON (Reuters) - HSBC Holdings is to issue shares to pay the cash element of bonuses for its UK bankers in response to regulatory pressure to preserve capital, a person familiar with the matter said on Tuesday. HSBC's change to its structure means it will issue tens of millions of pounds of new shares to cover any non-deferred …
Stocks slip, cooled by rising oil prices Herbert Lash - Reuters - Tue, Feb 21, 2012NEW YORK (Reuters) - U.S. stocks retreated from a broad rally on Tuesday, undermined by rising oil prices and doubts about the success of Greece's second bailout, after … More »Stocks slip, cooled by rising oil prices
NEW YORK (Reuters) - U.S. stocks retreated from a broad rally on Tuesday, undermined by rising oil prices and doubts about the success of Greece's second bailout, after the Dow Jones industrial average rose above 13,000 for the first time in nearly four years. The euro was little changed late in the day after hitting nearly …
Dow tops 13,000, sinks back after Greek bailout AFP - AFP - Tue, Feb 21, 2012The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close nearly flat Tuesday, in a bumpy day spurred by news of a … More »Dow tops 13,000, sinks back after Greek bailout
The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close nearly flat Tuesday, in a bumpy day spurred by news of a new bailout deal for Greece.
European stocks hit as Greek deal lures profit takers Francesco Canepa - Reuters - Tue, Feb 21, 2012LONDON (Reuters) - European shares ended lower in thin volume on Tuesday, with investors cashing in on recent highs after a long-awaited bailout deal for Greece failed … More »European stocks hit as Greek deal lures profit takers
LONDON (Reuters) - European shares ended lower in thin volume on Tuesday, with investors cashing in on recent highs after a long-awaited bailout deal for Greece failed to dissipate concerns about the future of the euro zone's most troubled country. While the agreement averted the imminent danger of a disorderly Greek default, …
Kingfisher shares slump 20% before regulator talks AFP - AFP - Tue, Feb 21, 2012Shares in India's cash-strapped Kingfisher Airlines plunged nearly 20 percent in early trade on Tuesday, ahead of a meeting with the aviation regulator to explain why … More »Kingfisher shares slump 20% before regulator talks
Shares in India's cash-strapped Kingfisher Airlines plunged nearly 20 percent in early trade on Tuesday, ahead of a meeting with the aviation regulator to explain why it cancelled scores of flights.
TNT investors hold out for higher bid Sara Webb and Sophie Sassard - Reuters - Mon, Feb 20, 2012AMSTERDAM/LONDON (Reuters) - Investors in Dutch freight and delivery firm TNT Express are pressing for a higher offer from U.S.-based United Parcel Services , driving … More »TNT investors hold out for higher bid
AMSTERDAM/LONDON (Reuters) - Investors in Dutch freight and delivery firm TNT Express are pressing for a higher offer from U.S.-based United Parcel Services , driving shares up more than 50 percent on Monday. TNT said on Friday it had rejected an offer from UPS, the world's largest package delivery company, of 9 euros per …
Miners hoist FTSE to 7-month highs on China easing Tricia Wright - Reuters - Mon, Feb 20, 2012LONDON (Reuters) - Britain's top share index rose to its highest levels in almost seven months on Monday, lifted by mining stocks after China's move to ease monetary … More »Miners hoist FTSE to 7-month highs on China easing
LONDON (Reuters) - Britain's top share index rose to its highest levels in almost seven months on Monday, lifted by mining stocks after China's move to ease monetary policy prompted speculation of more demand for basic resources. Growing expectations over the prospects for Greece lent support. Miners added most points to …
Wynn accuses top shareholder, buys out his stake Martinne Geller and Farah Master - Reuters - Mon, Feb 20, 2012NEW YORK/HONG KONG (Reuters) - Wynn Resorts Ltd Chief Executive Steve Wynn upped the ante in his fight against former business partner Kazuo Okada, accusing the Japanese … More »Wynn accuses top shareholder, buys out his stake
NEW YORK/HONG KONG (Reuters) - Wynn Resorts Ltd Chief Executive Steve Wynn upped the ante in his fight against former business partner Kazuo Okada, accusing the Japanese gaming mogul of improper payments to foreign gaming regulators and forcibly buying back Okada's 20 percent stake in the casino company at a deep discount. …
Tesco launches up to $585 million Thai property fund Reuters - Mon, Feb 20, 2012BANGKOK (Reuters) - Tesco Plc , the world's No.3 retailer, launched on Monday the initial public offering of its Thailand property fund, aiming to raise up to $585 million … More »Tesco launches up to $585 million Thai property fund
BANGKOK (Reuters) - Tesco Plc , the world's No.3 retailer, launched on Monday the initial public offering of its Thailand property fund, aiming to raise up to $585 million to finance future expansion. The fund, formally called Tesco Lotus Retail Growth Freehold and Leasehold Property Fund, will offer shares at a price range …
Markets buoyed by China easing, Greece hopes Chikako Mogi - Reuters - Mon, Feb 20, 2012TOKYO (Reuters) - Markets rose across the board on Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite … More »Markets buoyed by China easing, Greece hopes
TOKYO (Reuters) - Markets rose across the board on Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets, sending U.S. crude up nearly 2 percent and copper nearly 3 percent higher. MSCI's broadest index of Asia Pacific shares outside Japan …
L'Oreal CEO agrees to return stock options - report Reuters - Sat, Feb 18, 2012PARIS (Reuters) - L'Oreal Chief Executive Jean-Paul Agon pledged to hand back half the stock options he received in 2010 and halt the French company's use of them altogether, … More »L'Oreal CEO agrees to return stock options - report
PARIS (Reuters) - L'Oreal Chief Executive Jean-Paul Agon pledged to hand back half the stock options he received in 2010 and halt the French company's use of them altogether, in an interview with French weekly Le Journal du Dimanche. The world's largest cosmetics maker will switch this year to "more transparent and less …
- Dragon Oil says mulling approach for Bowleven Sarah Young - Reuters - Fri, Feb 17, 2012
LONDON (Reuters) - Oil firm Dragon Oil said it was considering making a takeover offer for Bowleven , sending the explorer's shares soaring, in a move which would form … More »Dragon Oil says mulling approach for Bowleven
LONDON (Reuters) - Oil firm Dragon Oil said it was considering making a takeover offer for Bowleven , sending the explorer's shares soaring, in a move which would form part of Dragon's long-stated plan to expand outside of Turkmenistan. "Dragon Oil notes the recent movement in Bowleven's share price and confirms that it …
- Banks, miners lift FTSE as wait for Greek deal goes on David Brett - Reuters - Fri, Feb 17, 2012
LONDON (Reuters) - The top share index rose slightly by midday on Friday, with banks higher as investors cautiously awaited a Greek debt deal, retailers benefiting from … More »Banks, miners lift FTSE as wait for Greek deal goes on
LONDON (Reuters) - The top share index rose slightly by midday on Friday, with banks higher as investors cautiously awaited a Greek debt deal, retailers benefiting from strong UK sales data and M&A talk and miners also gaining. London's blue chip index rose 19.36 points, or 0.3 percent at 5,904.74 by 11:59 a.m., but the …
- Anglo American dashes special dividend hopes Clara Ferreira-Marques - Reuters - Fri, Feb 17, 2012
LONDON (Reuters) - Global miner Anglo American dashed hopes that it would use cash generated in South Africa to offer a special dividend, instead sweetening its regular … More »Anglo American dashes special dividend hopes
LONDON (Reuters) - Global miner Anglo American dashed hopes that it would use cash generated in South Africa to offer a special dividend, instead sweetening its regular payout on the back of a 14 percent rise in full-year profit. Record operating profit from iron ore, its largest division, and record income from coal helped …
Stocks firm on Greek hopes, dollar up on data Natsuko Waki - Reuters - Fri, Feb 17, 2012LONDON (Reuters) - World stocks rose near a six-month peak on Friday and the dollar hit a 3-1/2 month high against the yen as hopes for a long-awaited Greek bailout deal … More »Stocks firm on Greek hopes, dollar up on data
LONDON (Reuters) - World stocks rose near a six-month peak on Friday and the dollar hit a 3-1/2 month high against the yen as hopes for a long-awaited Greek bailout deal next week following on from strong U.S. data encouraged investors to buy riskier assets. Greece expects to get approval on Monday from euro zone finance …
- Traders influenced LIBOR rates, says Canada regulator - WSJ Reuters - Fri, Feb 17, 2012
(Reuters) - A group of traders and brokers had successfully managed to manipulate key interbank lending rates that affect loans around the world, one of the banks being … More »Traders influenced LIBOR rates, says Canada regulator - WSJ
(Reuters) - A group of traders and brokers had successfully managed to manipulate key interbank lending rates that affect loans around the world, one of the banks being investigated has told Canadian regulators, the Wall Street Journal reported on Friday. Canada's Competition Bureau said in a court filing in Ottawa that …
Yelp IPO to raise $115 million for reviews website AFP - AFP - Fri, Feb 17, 2012Yelp on Thursday told US regulators that it aims to raise about $115 million in a March stock market debut by pricing its initial shares somewhere between $12 and $1 … More »Yelp IPO to raise $115 million for reviews website
Yelp on Thursday told US regulators that it aims to raise about $115 million in a March stock market debut by pricing its initial shares somewhere between $12 and $14.
- Stocks, euro rally on data, Greek hopes Walter Brandimarte - Reuters - Thu, Feb 16, 2012
NEW YORK (Reuters) - World stocks and the euro rallied on Thursday on encouraging U.S. economic data and indications that euro-zone leaders were on track to approve a … More »Stocks, euro rally on data, Greek hopes
NEW YORK (Reuters) - World stocks and the euro rallied on Thursday on encouraging U.S. economic data and indications that euro-zone leaders were on track to approve a crucial bailout for Greece. The European common currency erased initial losses against the dollar after a euro-zone official said leaders were finishing the …
Solid US data sparks stocks rally AFP - AFP - Thu, Feb 16, 2012US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008. More »Solid US data sparks stocks rally
US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008.
- Norway's $594 billion fund wants less of Europe, more of Asia Reuters - Thu, Feb 16, 2012
OSLO (Reuters) - Europe's biggest equity investor, Norway's $594-billion oil fund, wants to cut its holding of European stocks and bonds due to poor returns and will … More »Norway's $594 billion fund wants less of Europe, more of Asia
OSLO (Reuters) - Europe's biggest equity investor, Norway's $594-billion oil fund, wants to cut its holding of European stocks and bonds due to poor returns and will seek a bigger exposure to Asia and the Americas, the Norwegian central bank said on Thursday. The fund, which holds nearly 2 percent of all European shares, …
Europe shares recover, bunds fall on U.S. data, Greece Reuters - Thu, Feb 16, 2012LONDON (Reuters) - European shares recovered losses to turn, while bunds hit session lows on Thursday, with upbeat U.S. economic data and news that Greece and its international … More »Europe shares recover, bunds fall on U.S. data, Greece
LONDON (Reuters) - European shares recovered losses to turn, while bunds hit session lows on Thursday, with upbeat U.S. economic data and news that Greece and its international lenders have agreed on budget cuts worth 325 million euros improving sentiment. At 3:39 p.m., the FTSEurofirst 300 index of top European shares …
LONDON (Reuters) - British American Tobacco , the world's second-biggest cigarette maker, … More »BAT in £1.25 billion share buyback as …
