Newsmeme!
Discover News you didn't know existed
The broad thrust of the National-led Government's policies would be positive for businesses and the sharemarket, Forsyth Barr broker Ken Lister said yesterday.
LONDON (SHARECAST) - Barclays has confirmed that all of the £500m of Reserve Capital Instruments (RCIs) made available by Qatar Holdings and HH Sheikh Mansour Bin Zayed Al Nahyan were placed with institutions yesterday.
The Nats might be walking on air after the tumultuous political events of the past week, but they need to appreciate that, for all his many abilities, prime minister-elect John Key cannot also walk on water.
1630: A strong performance from US shares helped lift Footsie out of the red to close in positive territory.
SNP Westminster Treasury spokesperson, Stewart Hosie MP, has urged the UK Government to show the same swiftness in addressing the need for economic stimulus as many countries around the world are already showing.
1400: Footsie has won back some of its losses and may yet lift itself into the blue. The miner Antofagasta has emerged as the biggest gainer after saying it will not slow investments in Chile despite the turmnoil currently plaguing the mining sector. Also in the resources sector, BP is higher in line with a rise in oil prices. FTSE 100 down 23 at 4,108.
LONDON (SHARECAST) - Middle East investors that have underwritten Barclays £7bn fundraising have responded to growing institutional unrest over the terms of the deal by offering a £500m clawback arrangement to existing Barclays shareholders.
UBS is going out on a limb, Breakingviews says. Responding to hefty losses, regulatory pressure and public outcry, the Swiss bank has overhauled compensation for top executives . The new plan goes well beyond forgoing bonuses this year, as UBS bosses have done and Goldman Sachs ’s bosses are doing, according to the publication, which says it could set a new industry standard.
1150: Footsie remains firmly in the red, with miner Xstrata now leading the fall. Wolseley leads the risers after announcing job cuts to help it cope with the current tough conditions. FTSE 100 down 69 at 4,062.
■ Self storage group Big Yellow have done away with the interim dividend after announcing a £54m loss in the first six months due to a huge write-down on the value of its property assets.
Related News Resources:
> HGH News
|
Breaking News
and Top Stories |
Business
Earnings, Economy, Personal Finance, and Stock Markets |
Entertainment
Books, Celebrity, Fashion, Movies, Music, Television, and Theatre |
Health
Aging, Diseases, Medical Conditions, Medications, Sexual Health, and Weight Loss |
Politics
Congress, Supreme Court, and White House |
|
Science
Animals, Astronomy, Biotechnology, Space, and Weather |
Sports
Baseball, Basketball, Boxing, Football, Golf, Hockey, Motor Sports, Soccer, and Tennis |
Technology
Communications, Hardware, Internet, Personal Technology, and Software |
United States
and Crimes and Trials |
World
Africa, Antartica, Asia, Australia, Canada, Europe, Latin America, and Middle East |