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.
BBC News
- Four injured in house explosion
Sun, 19 May 2013 20:57:35 GMT
An explosion injures four people, destroys a house and severely damages another, in Nottinghamshire.
- PSG boss Ancelotti asks to leave
Sun, 19 May 2013 20:53:35 GMT
Real Madrid target Carlo Ancelotti asks to leave Paris St-Germain but is told by the club's president "it is not possible".
- Yahoo 'to buy Tumblr for $1.1bn'
Sun, 19 May 2013 20:52:33 GMT
Yahoo's board approves a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m), US media reports say.
- VIDEO: House 'exploded in front of us'
Sun, 19 May 2013 20:46:02 GMT
Five people have been injured after an explosion at a house in Nottinghamshire. An eyewitness described what he saw.
- Murdered Pakistan politician buried
Sun, 19 May 2013 20:44:51 GMT
Hundreds of people attend the funeral of the murdered vice-president of Pakistan's PTI party, Zahra Shahid Hussain, at a mosque in Karachi.
BBC Business News
- China's global ambitions
Sun, 19 May 2013 21:09:14 GMT
How will China spend its massive cash reserves?
- Yahoo 'to buy Tumblr for $1.1bn'
Sun, 19 May 2013 20:52:33 GMT
Yahoo's board approves a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m), US media reports say.
- VIDEO: Former Google employee on tax deals
Sun, 19 May 2013 18:05:11 GMT
A former Google employee has said he is providing evidence to the tax authorities about how the internet giant avoided paying corporation tax in Britain by using its offices in Dublin to finalise deals.
- Bank governor in Help to Buy warning
Sun, 19 May 2013 11:18:48 GMT
The outgoing Bank of England governor warns a government plan to boost the housing market with part-mortgage guarantees has no long-term place.
- Google chief defends tax affairs
Sun, 19 May 2013 11:04:20 GMT
Google's executive chairman Eric Schmidt defends the company's tax affairs after it comes in for strong criticism from MPs.
Citywire News
- Sunday Papers: Shell warns against commodity market regulation
Sun, 19 May 2013 03:08:00 +0100
And Eric Schmidt defends Google's tax affairs following Commons criticism.
- Saturday Papers: Backlash to hit scandal-tainted City
Sat, 18 May 2013 04:18:00 +0100
The British establishment is to make radical reforms to the listing rules on the stock exchange.
- Week Ahead: the conundrum behind the rally
Fri, 17 May 2013 15:34:18 +0100
Our preview of the main financial events in the coming week. Can the stock market rally continue?
- A new look at fund charges and why they matter
Fri, 17 May 2013 13:49:43 +0100
If you?re serious about saving for retirement you need to understand the impact charges will have on your money.
- Flood pact between insurers and government in danger
Fri, 17 May 2013 13:31:01 +0100
The government and insurance industry have less than two months to reach a deal on protecting the public from flood risk.
Citywire Investment News
- Sunday Papers: Shell warns against commodity market regulation
Sun, 19 May 2013 03:08:00 +0100
And Eric Schmidt defends Google's tax affairs following Commons criticism.
- Saturday Papers: Backlash to hit scandal-tainted City
Sat, 18 May 2013 04:18:00 +0100
The British establishment is to make radical reforms to the listing rules on the stock exchange.
- Eiris widens glare on global atrocities with Conflict Risk Network acquisition
Fri, 17 May 2013 15:00:43 +0100
Eiris has acquired the Conflict Risk Network in a move that bolster the global research house's ability to provide information on human rights abuses around the world.
- How inventories could drive a euro recovery
Fri, 17 May 2013 13:51:52 +0100
For all the obvious problems facing the eurozone, could a major component of its difficulty simply be too much stuff?
- GAM: Great Rotation? What Great Rotation?
Fri, 17 May 2013 13:42:07 +0100
GAM fund manager Alex McKnight believes talk of a 'great rotation' from bonds into equities is overblown and explains why opportunities in the convertibles market look compelling.
FT.com - Financial Markets News
- Low rates fail to spur MA boom
Sun, 19 May 2013 18:37:06 GMT
The lack of dealmaking in a historically low interest rate environment is a break from the past, when cheap capital fuelled waves of MA
- Tough oil pricing ahead, says Eni chief
Sun, 19 May 2013 18:16:13 GMT
Paolo Scaroni, chief executive, says sluggish demand and new supply coming on to the market means the price of crude was ?more likely to go down?
- Stock market optimism is hard to explain
Sun, 19 May 2013 15:07:29 GMT
Equities rally in the face of flat earnings is partly down to how companies are deploying cash, but this will do little to boost economic growth
- Gold under pressure as investors flee
Fri, 17 May 2013 23:12:18 GMT
Demand totalled 963 tonnes, down 13 per cent in the first three months of the year, compared with the same time last year, says lobby group
- SP 500 closes week at record high
Fri, 17 May 2013 20:30:39 GMT
Cyclical sectors more closely tied to the fortunes of the world?s largest economies led the risers for the week with financials outperforming
