Northern Rock’s shareholders were dealt a blow on Tuesday when an independent valuer said they should not be entitled to any compensation for their investments being wiped out when the bank was nationalised two years ago.Andrew Caldwell, a partner a
London equities were lower on Monday, as fading momentum from improving US economic data left riskier financial and resource stocks vulnerable. The FTSE 100 fell 27 points to 5,296.0, a loss of 0.5 per cent. The decline came after a rally took it 9.
England's Ian Poulter is joint leader after the first round of the Chevron World Challenge in California after an opening four-under-par 68.Poulter double-bogeyed the 18th to fall back into a tie for first with American Zach Johnson. The pair lead I
LONDON - The leading stock exchange inched higher on Wednesday, led by miners, as investors shrugged off weaker-than-anticipated US private sector jobs data. The FTSE 100 index gained 0.29 percent to close at 5,327.39 points. Lloyds bank was the mo
HONG KONG, Nov 30 - Asian stocks made a tentative recovery after last week’s steep sell-off over the Dubai debt crisis as investors nerves steadied on hopes that the fallout of a potential default will be limited.The MSCI index of Asia Pacific stock
European shares extended their losses on Thursday as investors continued to take stock of the wider implications of the debt problems in Dubai on the global economy. European bourses suffered their biggest fall in seven months on Thursday after news
London equities made progress on Wednesday, helped by a warm reception for strong growth in annual profit at Compass Group, the caterer. The FTSE 100 rose 40 points to 5,362.77 on a day which many investors expected to be quiet with traders squaring
LONDON - Lloyds Banking Group on Tuesday said it was offering shareholders new stock at a discount of almost 60 percent under the country's largest ever rights issue. LBG, 43 percent of which is owned by the government after a massive bailout, said
online 47