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
- Why Chris Burvill is feeling a little more optimistic
Mon, 06 Feb 2012 12:49:05 Z
Henderson Cautious Managed fund manager Chris Burvill explains why he was feeling a little bit more optimistic about life this year.
- 7IM eyes EU sovereign debt for unconstrained fund launch
Mon, 06 Feb 2012 12:30:57 Z
Seven Investment Management has launched its first internally managed fund, an unconstrained vehicle with the flexibility to invest 100% in cash or a range of assets ncluding unloved euro area debt.
- WH Ireland launches EIS fund for ex Jupiter manager
Mon, 06 Feb 2012 11:45:57 Z
The stockbroker and wealth manager is launching a fund for former Jupiter manager Paul Sheehan.
- FTSE halts rally as Greece debt talks flounder
Mon, 06 Feb 2012 10:54:33 Z
Glencore (GLEN.L) drops on an FT report that the group was to pay a larger-than-expected premium to secure a merger with Xstrata (XTA.L).
BBC Business News
- Ministers 'can block rail bonus'
Mon, 06 Feb 2012 12:38:01 GMT
Labour has urged ministers to block six-figure bonuses for Network Rail bosses, insisting they have the power to prevent such payouts.
- Ofcom wants Openreach price cut
Mon, 06 Feb 2012 12:18:08 GMT
Telecoms regulator Ofcom tells BT Group to cut the wholesale prices it charges for use of its lines
- Bailout talks to resume in Greece
Mon, 06 Feb 2012 12:14:01 GMT
Party leaders in Greece are to resume crisis talks on new austerity measures demanded by EU leaders in return for funds needed to avoid defaulting on its debts.
- HTC profits up but outlook poor
Mon, 06 Feb 2012 12:10:09 GMT
Taiwan smartphone maker HTC reports a 57% jump in annual profits, but it predicts a downbeat start to trading this year.
BBC News
- Romanian PM resigns over protests
Mon, 06 Feb 2012 12:52:24 GMT
Romania's Prime Minister Emil Boc steps down to "defuse political and social tension" after a series of austerity protests.
- Queen commemorates 60-year reign
Mon, 06 Feb 2012 12:51:26 GMT
The Queen visits a school in Norfolk and there are gun salutes around the UK as she marks the 60th anniversary of her accession to the throne.
- Syria troops step up Homs bombing
Mon, 06 Feb 2012 12:50:31 GMT
Heavy artillery fire rocks the restive Syrian city of Homs, in what anti-government activists are calling one of the fiercest assaults yet.
- Cameron lauds 'magnificent' Queen
Mon, 06 Feb 2012 12:40:49 GMT
Prime Minister David Cameron praises the "magnificent service" given by the Queen, as she celebrates 60 years on the throne.