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State-backed and financial investors to drive 2013 mining deals
18/02/2013
State-backed and financial investors’ appetite for M&A, combined with divestments, will drive a recovery in mining and metals deal volumes and value in 2013, following a slow and patchy year for deals in 2012, according to Ernst & Young.
Japan shares up on weaker yen hopes
18/02/2013
There was a boost for Japanese shares following the decision of G20 finance ministers not to single out Japan for criticism over the recent yen weakness.
Mining giants Anglo American fall to 2012 loss
15/02/2013
Lower commodity prices and a writedown on a key iron ore project have seen Anglo American fall to a pre-tax loss in 2012.
Financial Transactions Tax 'is not free money', says IoD
14/02/2013
The European Commission has adopted a proposal for a Financial Transactions Tax (FTT), which is expected to raise around €30-35billion a year.
Profits rise at Manchester United
14/02/2013
Data released today (Thursday) shows that Manchester United reported a 74% rise in profits for the second half of 2012, on the back of rising revenues.
Opinion: How deep is the Euro crisis?
14/02/2013
The Euro is now facing a reality test having rallied as fears of the sovereign debt crisis wane. However the structural issues in Europe will only come back to haunt the Euro in the months ahead as euphoria tends to be short-lived.
Rolls-Royce profits and revenues 'higher than expected'
14/02/2013
Rolls-Royce has reported a higher-than-expected rise in full-year profits.
General insurers see £19 billion profit decline from pre-crash high
14/02/2013
General insurers saw around £19bn (25%) profit fall in 2011 from a pre crash 2007 industry high, according to PwC research.
Sterling weakens after Bank of England remain downbeat on the economy
13/02/2013
Sterling fell across the board Wednesday after the Bank of England revised down its GDP growth expectations and revised up its inflation forecast. The Pound dropped to a fresh 6-month low against the US Dollar, and was close to the lowest level in fifteen months against the Euro after Governor King said the UK was set for a “slow but sustained recovery”.
FSA secures Supreme Court win in satellite warranty case
13/02/2013
The Supreme Court today (Wednesday) unanimously dismissed appeals by Digital Satellite Warranty Cover (DSWC), and Bernard Freeman and Michael Sullivan, trading as Satellite Services (Satellite).
