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.
Citywire Investment News
- Hufton resigns from embattled Sloane Robinson Europe trust
Tue, 07 Feb 2012 13:24:42 Z
Michael Hufton has resigned from Sloane Robinson Europe, the investment trust which last week was tipped to offer investors a wind up or cash exit on the back of redemptions and poor performance.
- Premier eyes acquisitions as it looks to return to profit
Tue, 07 Feb 2012 13:14:34 Z
The Guildford-based investment firm suffered a £7 million annual loss and has pinpointed acquisitions as a key area to target as it looks to return to profitablilty.
- 'Man from the Pru' relaunches and targets 200,000 clients
Tue, 07 Feb 2012 12:27:37 Z
Life company Prudential has relaunched its direct sales team, previously known for its ?Man from the Pru?, with plans to target 200,000 clients.
- Charlie Parker: like it or not, we should listen to Alan Miller
Tue, 07 Feb 2012 12:10:27 Z
It is easy to brand Miller as a poacher turned gamekeeper, but his campaign for transparency raises issues that the fund management industry most respond to urgently.
BBC Business News
- Glencore-Xstrata in $90bn merger
Tue, 07 Feb 2012 13:01:44 GMT
Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
- Euro 'could survive Greece exit'
Tue, 07 Feb 2012 12:46:30 GMT
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
- Empty shop numbers 'set to rise'
Tue, 07 Feb 2012 12:19:22 GMT
The number of empty shops on the UK's high streets is set to increase this year, a survey says, as economic conditions get tougher.
- Stores offer warranty concessions
Tue, 07 Feb 2012 11:59:38 GMT
Dixons, Comet and Argos have pledged to improve the way extended warranties for electrical goods are sold, the Office for Fair Trading says.
BBC News
- Obama to give back campaign funds
Tue, 07 Feb 2012 13:33:05 GMT
US President Barack Obama's election campaign is to return some $200,000 of funding linked to the family of a Mexican fugitive.
- Clarke named 'Oldie of the year'
Tue, 07 Feb 2012 13:30:36 GMT
Justice Secretary Ken Clarke has been named 'Oldie of the year' by a magazine which describes itself as the "antidote to youth culture".
- Belfast plane emergency landing
Tue, 07 Feb 2012 13:26:07 GMT
A plane makes an emergency landing at Belfast International Airport after it develops technical problems taking off.
- Town plan invite for Mary Portas
Tue, 07 Feb 2012 13:24:56 GMT
Retail expert Mary Portas is invited to Northern Ireland to advise on the content of an action plan to regenerate the country's town centres.
