Banks and miners fuel FTSE gains December 7, 2011 Miners and banks fuelled a lift in the FTSE 100 as investor sentiment improved ahead of a crunch Eurozone summit. The blue chip index mirrored Asia and the US where markets recovered from the ratings blow from Standard & Poor’s, which threatened to downgrade 15 nations, including Germany. There is mounting optimism that Eurozone leaders [...]
Banks and miners fuel FTSE gains December 7, 2011 Miners and banks fuelled a lift in the FTSE 100 as investor sentiment improved ahead of a crunch Eurozone summit. The blue chip index mirrored Asia and the US where markets recovered from the ratings blow from Standard & Poor’s, which threatened to downgrade 15 nations, including Germany. There is mounting optimism that Eurozone leaders [...]
Miners losing due to poor governance December 6, 2011 THE BOSSES of some mining companies are letting their shareholders down by ignoring corporate governance issues, a hard hitting report has found. According to the research, dozens of London-listed firms are missing out on making more money for their investors through their bungling in the boardroom. Half of the 179 listed companies have lost shareholders [...]
Villas-Boas: Team right behind me December 6, 2011 CHELSEA vs VALENCIA CHELSEA manager Andre Villas-Boas has dismissed suggestions of player unrest, insisting his whole squad is firmly behind him as he prepares for tonight’s season-defining match. Striker Didier Drogba called on his team-mates to rally behind the rookie boss following Saturday’s 3-0 win at Newcastle, in which midfielder Frank Lampard appeared unhappy to [...]
Villas-Boas: Team right behind me December 6, 2011 CHELSEA vs VALENCIA CHELSEA manager Andre Villas-Boas has dismissed suggestions of player unrest, insisting his whole squad is firmly behind him as he prepares for tonight’s season-defining match. Striker Didier Drogba called on his team-mates to rally behind the rookie boss following Saturday’s 3-0 win at Newcastle, in which midfielder Frank Lampard appeared unhappy to [...]
S&P was right to warn the Eurozone December 6, 2011 THERE was anger at Standard and Poor’s, the rating agency, last night, focusing on the timing of its decision to put fifteen Eurozone countries on negative watch. I disagree: for once, the agency demonstrated bravery uncharacteristic of the times we live in. I’m no defender of the rating agencies, who performed appallingly during the bubble [...]
S&P was right to warn the Eurozone December 6, 2011 THERE was anger at Standard and Poor’s, the rating agency, last night, focusing on the timing of its decision to put fifteen Eurozone countries on negative watch. I disagree: for once, the agency demonstrated bravery uncharacteristic of the times we live in. I’m no defender of the rating agencies, who performed appallingly during the bubble [...]
QATAR DEALS IN THE SPOTLIGHT December 6, 2011 ● 4 DECEMBER Qatar signed a deal with Royal Dutch Shell to develop a $6.4bn (£4.1bn) petrochemicals complex in the Ras Laffan industrial city in the Gulf Arab state. ● 13 NOVEMBER Qatar in negotiations to take a stake in an Arctic liquefied natural gas (LNG) project under development by Russian gas producer Novatek ● 30 [...]
Russia’s state-owned power grid MRSK will list some stock in London this week December 6, 2011 RUSSIAN power grid company MRSK is scheduled to list its shares in London this week, a move it hopes will boost the liquidity of its stock and enable it to raise funds in the future, a company spokesperson said yesterday. The technical listing, in which no money is raised, will see MRSK list 25 per [...]
Blow to Putin as exit polls show support for United Russia falling December 4, 2011 TWO exit polls have shown that Russian Prime Minister Vladimir Putin’s ruling party suffered a big decline in support in a parliamentary election yesterday, winning less than half of votes cast. According to the poll from state pollster VTsIOM, Putin’s United Russia party won 48.5 per cent of the vote followed by the Communists with [...]