FTSE ends day steady as hotel stocks surge – London Report October 21, 2015 Arally in InterContinental Hotels Group and Whitbread shares yesterday following their well-received results helped to keep the FTSE 100 steady. The blue-chip FTSE 100 ended 0.1 per cent lower at 6,345.13 points, outperforming a 0.4 per cent fall in the pan-European FTSEurofirst 300. The FTSE 100 index still trades about 11 per cent below its [...]
FTSE dragged downwards by mining stocks – London Report October 20, 2015 REPORTS of a slowing Chinese economy yesterday hit mining stocks, dragging down the blue-chip FTSE 100 index. The index closed 0.4 per cent down at 6,352 points, led lower by mining company Anglo American which dropped by 7.37 per cent. Despite a rally of around five per cent so far in October, the FTSE 100 [...]
TalkTalk and WPP pull index off Friday’s high – London Report October 27, 2015 A fall in advertising group WPP, while TalkTalk’s losses worsened in the wake of a cyber attack, weighed yesterday on the FTSE 100 as it slipped off two-month highs. The blue-chip index ended 0.4 per cent lower at 6,417.02 points, having risen 1.1 per cent on Friday to its highest level in two months. Commodity [...]
The business case for boardroom diversity: Diverse boards outperform male-only peers by £430bn September 30, 2015 Boardroom diversity boosts business, as diverse boards are outperforming their all-male peers by billions. Listed companies in the UK, US and India with at least one woman on their board beat male-only boards by $430bn in 2014, according to a report from Grant Thornton which measured the difference in returns on assets. Although this isn’t [...]
Chinese woes take toll on miners as FTSE slumps 3pc – London Report September 2, 2015 THE FTSE 100 yesterday slumped three per cent, its worst one-day fall in over a week, with miners hit hardest after a slump in the manufacturing sector in China – the world’s biggest commodity consumer. The blue chip index closed down 189.40 points, or three per cent, to 6,058.54. China’s Purchasing Managers’ Index (PMI) fell [...]
At the close: FTSE 100 closes flat on first trading day in November November 2, 2015 The first trading day of November saw the FTSE 100 close flat as the news that Visa Europe is to be bought by Visa US helped rally banking stocks. The FTSE 100 ended Monday's session 0.01 per cent up at 6,362 points. However, HSBC, which reported a jump in pre-tax profit to $6.1bn (£3.95bn) for the third quarter, [...]
Countdown to Christmas 2015: Seven losers of the year featuring Sepp Blatter, Ukip and the England rugby team December 5, 2015 For every glorious sporting triumph, history-making achievement, scientific breakthrough, artistic masterpiece or political triumph achieved in 2015, there has been a fall from grace to go with it. Whether it's an ousted president, collapsed share price or corporate disaster, for this lot, 2016 can't come soon enough. Read more: Beer, burritos and gifs: This was crowdfunding in 2015 [...]
These were some of the worst investments of 2015 December 10, 2015 From a slowdown in the Chinese economy to the Greek debt crisis, a number of events burnt the hands of even the shrewdest investors this year. Here’s a round-up of some of the worst. Mounting fears China’s economy is slowing at a greater pace than previously thought gave investors a bumpy ride in 2015. China’s [...]
BHP Billiton expected to cut costs as profits tumble on low prices August 23, 2015 MINING giant BHP Billiton is set to slash its capital expenditure for the next year as volatility in the commodities sector continues to drag global markets, analysts have warned. The company will announce its results for the 2015 financial year tomorrow, and analysts expect the firm’s income to have tumbled over the 12 months. Meanwhile, [...]
IMF: Emerging markets slowdown has pushed global economy to edge of recession October 7, 2015 The slowdown in emerging markets such as China and Brazil has pushed the world to the brink of recession, the International Monetary Fund (IMF) warned yesterday. The world is perilously close to entering a recession again this year and next, according to its latest forecasts. The fund has cut its forecast for global growth by [...]