FTSE 100 rises as fed concerns ease once again
The FTSE 100 gained 92.31 points during the first trading session of the week, closing at 6307.78, a rise of 1.49%. This was its biggest single day advance in more than a month, driven by negative employment data coming out of the United States. The London blue-chip index finally had a chance to react to Fridays worse than expected payroll data, which More...
Mark Carney takes the lead at the Bank of England
Mark Carney today took over as the governor of the Bank of England, becoming the first foreign governor of the central bank, which is over 300 years old. Carney is taking the place of Sir Mervyn King who has More...
US stocks close mostly down, best first half performance in 15 years
US stocks were mostly down Friday, however spirits were high in New York as indices finished the first half of the year with their best results since 1998. The record breaking first half was driven by quantitative More...
European Union decides upon approach to bank bailouts
The European Union has announced the first proposal for how to handle failing banks in the future, while affecting citizens as little as possible. Up until now it has generally been the taxpayers that have footed More...
Government cuts for 2015 announced by George Osborne
The British Chancellor of the Exchequer, George Osborne, announced the cuts that he plans to make in government spending in 2015, the year of the next general election. The Chancellor felt it was necessary to cut More...
US house prices see biggest rise in seven years
House prices in the United States increased by 12.1% year-on-year in April, its biggest single month climb in seven years. The results below expectations out of the water as the Standard and Poor’s data, which More...
Sir Mervyn King leaves with a message to the worlds governments
Sir Mervyn King, the Gov of the Bank of England, today insisted that economies across the world were “nowhere near” the position that would be required for them to go back to what would ordinarily be More...
Asian stocks mostly down, China woes continue
Asian stocks were down again on Tuesday, following on from Mondays catastrophic session in which the Shanghai Composite index suffered its biggest single day decline in 48 months. China has now undertaken measures More...
FTSE extends five month low, China plays on investors minds
The FTSE 100 fell again today, reaching its lowest point since the turn of the year, as the economic climate in China continues to pull down the price of equities across the globe. Miners were once again on the More...
Vodafone offers $114 per share for Kabel Deutschland
Vodafone has made an official bid of $114 per share for Kabel Deutschland. The negotiations have been ongoing for some time now, and were almost brought to a close as Liberty Global, who bought Virgin Media in More...