Advertisement

Advertisement

Advertisement

Advertisement

 

Subscribe to our City News News Feed Subscribe to the RSS Feed

Chancellor announces plans for London-based yuan trading hub

16/01/2012

George Osborne, Chancellor of the Exchequer, and Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), today (Monday) met to announce the next steps in promoting closer collaboration between London and Hong Kong as part of the increasing global use of the Chinese currency, the Renminbi (RMB).


 

Eurozone banks' poor credit will fuel rise in small firms' loan defualts, warns Moody's

16/01/2012

Deterioration in the credit quality of European banks will negatively affect new and existing SME ABS (small to mid-sized enterprisesí asset backed security) transactions and lead to a rise in loan defaults in 2012, according to a new report published today by Moody's Investors Service.


 

E-book sales boost Bloomsbury profits

16/01/2012

Bloomsbury, the publishers, have announced strong results for the fourth quarter of trading.


 

Muller Dairy complete £280 million Robert Wiseman deal

16/01/2012

Robert Wiseman, the UK's biggest fresh milk company, have agreed a deal worth £280 million that will see Muller Dairy take them over.


 

Bovis eyeing profit boost on back of strong earnings growth

16/01/2012

Bovis, the UK house builder, have reported strong earnings growth and thus subsequently expect to see significant increases in profit for 2011.


 

Euro rating cuts have mixed effect on markets

16/01/2012

Following Standard & Poor's (S&P) downgrading of France, as well as several other European nations, European stock markets have opened slightly higher following earlier falls in Asia.


 

Costa Concordia's sinking to cost Carnival $95 million

16/01/2012

Carnival, the parent firm of the sunken cruise-liner Costa Concordia, say that the accident will cost them in the region of $95m (£62m).


 

Spurs de-list their shares in order to raise capital

16/01/2012

Tottenham Hotspur Football Club have announced the de-listing of their shares from the stock market.


 

Gold price rise to continue but mines struggle to reap benefits

14/01/2012

80% of mining companies expect the price of gold to continue to increase this year, with the majority of respondents expecting gold to peak at US$2,000 per ounce in 2012.


 

France braced for shock downgrade as eurozone teeters on the brink

13/01/2012

Standard & Poor's, the credit rating agency, have warned that they are to downgrade two of the eurozone's six triple A nations.