Category: Articles

The California Public Employees’ Retirement System (Calpers) has revealed plans to divest its entire $4 billion investment it has in hedge funds.

US Energy giant ConocoPhillips has announced it is to auction off its stake in the Clair oilfield, the largest oilfield in UK territorial waters.

High-net-worth-individuals are increasingly diverting investments into family businesses, according to the results of a survey by KPMG.

Poland has added its weight to the growing number of calls for the European Union to start spending to stimulate growth.

Pension providers who withdraw from the UK auto enrolment process ahead of small and mid-sized enterprises (SMEs) joining the market should be fined, according to Defaqto.

There is just a week to go before the Scottish Referendum, and the debate is heating up.

China has been revealed as the world’s third largest outbound investor last year. The second year in succession the Asian country has topped the list.

Investors in Italian car maker Fiat saw shares in the firm rise today after the chairman of its Ferrari division stepped down.

The Finance Minister of France has announced that his country will miss the European Union’s deficit target.

After falling to a 10-month low against the dollar on Monday, the pound continued to decline further on Tuesday.

The European Union has adopted a new raft of sanctions against Russia, over the continued tensions in Ukraine.

Schroders has admitted that it is ‘disappointed’ and ‘surprised’ by the departure of the group’s longstanding manager of its UK Opportunities fund.

High-value properties in the UK are becoming harder to sell, according to research carried out by the Financial Times.

The euro slumped to its lowest trading point in nearly 14 months yesterday afternoon.

Bank customers in the future will be able to access their bank accounts with just the touch of a finger, with new technology being trialled by Barclays.

The Confederation of British Industry (CBI) is launching a new campaign in an attempt to restore confidence levels in British businesses.

The British Minister for Courts and Legal Aid has called on India to open up its legal sector to firms from overseas.

The Bank of Cyprus has announced that it is to proceed with a €100 million retail share placing as part of its €1 billion share capital increase drive.

Wall Street markets opened in optimistic shape this morning, (Wednesday, 3 September), as reports of talks towards a ceasefire in Ukraine boosted stock performance across the board.

The latest figures from the European Fund and Asset Management Association (EFAMA) have revealed that long-term UCITS funds saw their largest net inflow for a quarter since 2006.

The latest results of influential surveys have revealed that manufacturing growth in the UK and the eurozone have both slumped. According to the Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) for the regions, the rate of output growth has slowed at a more rapid rate than recently.

Shares in UK supermarket giant Tesco fell to an 11-year low after the firm issued a lower than expected profit forecast.

The spectre of more EU sanctions has helped the Russian rouble set a new record low, as it fell to 37.03 per US dollar on Friday.

The latest official figures have revealed that the economies of Japan, China and Brazil continue to lose drive, as the Indian market enjoys significant growth.

Richard Branson’s Virgin brand has launched a new competition aimed at Britain's food start-up companies.

Foreign direct investment in Zimbabwe has slumped by more than half, according to the head of the African country's central bank.

The world’s biggest mining company, BHP Billiton, has announced plans to spin-off some its metals and mining assets.

Kremlin-managed energy company Rosneft has partnered with Norwegian firm Statoil to look for oil in the Arctic.

One of the biggest Banana firms in the world, Chiquita, has knocked back a joint takeover bid of $611m (£366m) (€457m) from Cutrale and Safra.

Chinese PC manufacturer Lenovo has announced a 23% increase in net profits, with the firm saying it will continue to look for acquisition opportunities.

New proposals being discussed by the UK Treasury could see hundreds of thousands of non-residents have their tax-free allowance on their UK earnings taken away.

Official estimates released today, (Thursday 14 2014) have confirmed that growth in the Eurozone has ground to halt in Q2.

Scandal hit security firm G4S has reported pre-tax profits of £85m for the first half of the year. The figures to the end of June compare to a loss over the same period last year of £94m.

An annual survey has revealed that most Scots think an independent Scotland should retain the use of the pound.

New research reveals the scale and economic impact of unfilled vacancies on the UK economy – representing a staggering annual cost of over £18bn.

Ladbrokes has suffered a dip in profit of nearly 50% in the first half of the year. The bookmaker, which despite the sharp fall reported strong business throughout the World Cup in Brazil, also said it was in a good position for growth.