Friday newspaper round-up: Greece, Standard Chartered, Santander
17th Jun 2011 06:04
The economic crisis in Greece threatens the survival of the euro, the common destiny of Europe and its peace and stability, President Sarkozy of France said yesterday. Europe's two most powerful leaders, Mr Sarkozy and Angela Merkel, the German Chancellor, meet today to try to save the single curren
Read moreLondon midday: Greek worries hit stocks
16th Jun 2011 12:16
Stocks are firmly under the cosh still as worries over the situation in Greece continue. Greek prime minister George Papandreou is to seek a vote of confidence in the Greek parliament today, as talks about a much needed rescue package from the EU continue to drag on. Despite all the worries though
Read moreLondon open: Shares dive as Greek crisis drags on
16th Jun 2011 08:33
Shares have taken a dive as the Greek debt crisis continues to set traders' nerves on edge and after US shares fell following some disappointing economic data from the world's biggest economy. Greek prime minister George Papandreou is to seek a vote of confidence in the Greek parliament today, as t
Read moreLondon pre-open: Footsie set to dip below 5700
16th Jun 2011 07:35
The market is still fretting about the situation in Greece and is set to open lower, with the top-share index predicted to open around 44 points lower, which would take it just below the 5,700 level. Greek prime minister George Papandreou is to seek a vote of confidence in the Greek parliament toda
Read moreEasyJet to fly from Stobart's Southend Airport
16th Jun 2011 07:10
Budget airline easyJet is to start operating flights from Southend Airport in Essex next year, the airport's owner, logistics firm Stobart, has announced. The flights will start in April, ahead of the London Olympics, and will begin flying to about 10 destinations including Barcelona and Ibiza in S
Read moreEasyjet heals rift with pilots
10th Jun 2011 15:07
FTSE 250 firm easyJet has agreed a pay and scheduling agreement with its pilots following years of bad blood. The deal was recommended by the British Airline Pilots' Association (BALPA) after the firm's chief executive, Carolyn McColl, apologised for poor relations between pilots and management. U
Read moreLondon close: FTSE 100 outshines overseas stocks
6th Jun 2011 16:38
London's leading share index was an island of blue in a sea of red Monday after the IMF's endorsement of the government's deficit-cutting programme. The soft housing market and the effects of fiscal consolidation will continue to weigh on UK growth after a flat 6 months to 31 March, the IMF predict
Read moreFTSE 250 movers: Hochschild falls on Peruvian concerns
6th Jun 2011 15:43
Hochschild Mining's shares sank after Ollanta Humala won the preliminary results of presidential election in Peru. Humala has said that he will hike taxes in the mining sector, causing concern for Hochschild investors, as the company has a number of projects in the region. The high riser of the day
Read moreLondon midday: FTSE 100 limps towards the blue
6th Jun 2011 12:01
The top share index is struggling to haul itself into positive territory having fallen back in early dealings. Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limited (EABL), Diageo - famous for
Read moreLondon open: Stocks fall back
6th Jun 2011 08:24
Stocks have edged lower this morning following declines in Asia. Company news is thin on the ground though not without interest. Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limitied (EABL)
Read moreLondon pre-open: Stocks to fall back
6th Jun 2011 07:30
Shares are seen down this morning, with the top share index losing 25 points to 5,830. Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limitied (EABL), Diageo - famous for its brands Smirnoff an
Read moreEasyJet traffic climbs
6th Jun 2011 07:07
Budget airline easyJet saw a sharp rise in the number its passengers flew in May from the same period the previous year as travellers continued to splash out on cheap flights. It flew 4.74m passengers during the month, up from 4.26m in the same month the previous year. However, load factor, a measu
Read moreLondon close: Stocks slump as euro debt worries continue
23rd May 2011 16:51
The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of
Read moreFTSE 250 movers: Profits jump at MITIE
23rd May 2011 15:42
Outsourced service provider MITIE is the highest riser of the day after posting a sharp rise in profits for the year to 31 March. Pre-tax profits jumped to £86.8m from £79.7m the previous year on revenues that were up to £1.89bn from £1.72bn. "The opportunities in outsourcing and energy services in
Read moreLondon midday: Stocks slump on euro worries
23rd May 2011 12:04
Stocks are firmly in the red as the eurozone crisis continues to drag on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of global concern and metals prices have taken a knoc
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