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Latest News
18 Oct
brexit mx
UK needs to keep close ties with the EU post-Brexit - OECD

The Organisation for Economic Co-operation and Development (OECD), on Tuesday, said it was in the UK's best interest to preserve close ties with the EU, having weakened in the aftermath of Brexit, to boost productivity as well as maintaining future living standards.

17 Oct
Money cash dollars
Commodities: Stronger dollar continues to fuel gold sell-off

The US greenback has continued to strengthen since late last week and has continued to pressure gold prices lower on Tuesday.

17 Oct
banque-d-angleterre-boe
FX round-up: Sterling lower on hawkish BOE tones, greenback firms up for second day

Data out on Tuesday for the the UK showed year-on-year inflation hit a five year high of 3%.

17 Oct
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WH Ireland enters agreement with Polygon Global Partners

WH Ireland, a financial services company, confirmed today that it had entered into an agreement with Polygon Global Partners, a multi-strategy platform focused on the creation of investment alpha.

17 Oct
1euro
Europe close: Stocks slip ahead of US Fed Beige Book

Stocks on the Continent finished slightly lower as investors bid their time ahead of the release of the US central bank's Beige Book on Wednesday, against the backdrop of fresh intra-day records on Wall Street's main benchmarks with the Dow Industrials having climbed above the 23,000 point mark for the first time ever.

17 Oct
españa bandera, spain, spanish, flag
Buy Spain as political risk is 'overstated' - Credit Suisse

Spanish equities look unusually cheap, said Credit Suisse on Tuesday, as political risk is "overstated" and the country is on track for at least 3% growth, with employment, housing and construction all on a growth tear.

17 Oct
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Kubera Cross-Border announces extension date for equity stake in Planetcast Media Services

Kubera Cross-Border reported on Tuesday the extension of the "long stop date" for the disposal of the entire equity stake held in Planetcast Media Services.

17 Oct
banque-d-angleterre-boe
London close: Stocks move lower even as Sterling slips

London stocks closed lower on Tuesday even as the pound fell back against the dollar, albeit following a brief pop higher after data showed inflation surged to a five-year high last month, amid somewhat dovish remarks from Bank of England policymakers.

17 Oct
tate&Lyle, tate Lyle, food
Credit Suisse cuts Tate and Lyle's target price, reiterates 'neutral' rating

Ahead of Tate & Lyle's interim results on 2 November, Credit Suisse updated its forecasts and cut its target price to 710p while reiterating its 'neutral' rating.

17 Oct
usa-le-cout-d-harvey-estime-a-20-milliards-de-dollars-pour-les-assureurs
Director dealings: Beazley executive director sells after profit warning

Adrian Cox, executive director of risk insurance and reinsurance group Beazley, sold 180,009 shares in the company on Tuesday at the price of 500p per share.

17 Oct
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US open: Dow Industrials clambers atop 23,000 mark for first time

The Dow Industrials climbed past the 23,000 points mark for the first time ever, as the third-quarter earnings season got into full swing, and then slipped lower.

17 Oct
bank of england
Higher inflation means benefits pain for households, says IFS

State benefits for roughly 10m UK families will be reduced by £450 a year in real terms after inflation reached its highest level in five years on Tuesday, the Institute for Fiscal Studies calculated.

17 Oct
nicky morgan
Treasury Committee advisers to scrutinise FCA report on RBS

One month after refusing to publish the skilled persons' report into the treatment of the Royal Bank of Scotland's Global Restructuring Group customers, the Financial Conduct Authority (FCA) agreed to allow the Treasury Committee to scrutinise its contents.

17 Oct
trump shrug
Donald Trump plummets on Forbes rich list

US President Donald Trump fell almost 100 places in the annual release of the Forbes rich list, while Microsoft founder Bill Gates remained atop the rankings.

17 Oct
meeting, takeover, talks, bid, merger, acquisition, directors
Emmerson enters binding MOU for reverse takeover of Moroccan salts

Emmerson confirmed on Tuesday that it had entered into a binding Memorandum of Understanding with the board and principal shareholders of Moroccan Salts regarding the proposed acquisition of 100% of the latter's share capital by way of a reverse takeover.

17 Oct
Oil mining
President Energy banks $1.5m in proceeds of first oil sale from Argentina's Puesto Flores field

Oil and gas focused company President Energy, with a diverse portfolio of production and exploration assets primarily in Argentina, reported it had banked proceeds totalling $1. 5m from its first delivery of oil from the Puesto Flores Field.

17 Oct
virgin money, banks, banking
FTSE 250 movers: Virgin Money gains on update, Workspace boosted by JPM note

London's FTSE 250 was down 0. 4% to 20,140. 65 in afternoon trade on Tuesday.

17 Oct
johnson and johnson
Johnson and Johnson raises full year targets after strong third quarter

Healthcare giant Johnson and Johnson posted higher than expected profits for the three months to 30 September thanks to increased demand for its new cancer drugs and the additional revenue afforded to the group from its June acquisition of Swiss biotech company Actelion.

17 Oct
edgar test 10
AIM newcomer Cora Gold enters drilling agreement with Target

West Africa-focussed gold exploration company Cora Gold announced on Tuesday that its wholly-owned subsidiary Cora Gold Mali has entered into a contract with Target Drilling, to supply aircore, reverse circulation and diamond core drilling, focusing primarily on its flagship Sanankoro Gold Discovery in South Mali.

17 Oct
Kobani, Syria, Islamic State
US-backed forces in Syria take over city of Raqqa

The Syrian city of Raqqa has been taken over by US-backed forces in the country, having previously been under the control of the so-called Islamic State.