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City's banks shutdown as cyber 'war games' hit London

22/11/2011

London's banks and various other institutions are taking their preparations for next year's London Olympics to the next level by testing how they would cope if there was a major disruption during the games.


 

Fears of market risk at highest level since 2008, Bank's report shows

22/11/2011

A Bank of England survey has revealed that nearly 90% of financial firms think the chance of a 'high-impact' event happening in the next year has increased over the last six months.


 

Japan's major stock exchanges to combine

22/11/2011

A deal worth $4.1 billion (£2.6 billion) will see Japan's two major stock exchanges merge to create what will be the the third biggest market in the world.


 

FTSE 100 sees slight improvement, but it wont last

22/11/2011

The FTSE 100 recovered in early trading on Tuesday, having fallen back on Monday, and seen drops of almost 6% over the past week.


 

Time Out acquires Keynoir as part of expansion

22/11/2011

Time Out Group, the world’s leading source of information and ticketing for arts and entertainment has taken a further step in its rapid progression towards consolidation as a digital media group and towards its goal to reach a worldwide audience of 50 million per month with the acquisition of the Keynoir daily offers business.


 

Cost of borrowing in Spain rises

22/11/2011

Following the Spanish's governments decision to sell short-term debt on Tuesday's financial markets the cost of borrowing in Spain has risen sharply.


 

Thomas Cook shares plummet 65%

22/11/2011

Thomas Cook saw their shares plummet 65% after it announced it was in talks with banks about increasing the amount of money it can borrow.


 

Thomson Reuters launches world's first Islamic interbank rate

22/11/2011

Thomson Reuters today (Tuesday) launched the world's first Islamic finance benchmark rate, designed to provide an objective and dedicated indicator for the average expected return on Shariah-compliant short-term interbank funding.


 

Mitchells & Butler confident despite drop in profits

22/11/2011

Mitchells & Butlers restaurant and pub group believe they are in a strong position to overcome the tough consumer environment expected in 2012 after posting financial results.


 

US and European debt fears see FTSE 100 fall

21/11/2011

Both European and UK stocks were hit hard on Monday as a US government committee failed to agree on spending cuts.