Stock News

Below you will find the latest headlines from a range of UK business resources such as the BBC and Telegraph. Each currency news headline will hyperlink to the relevant news article on their website. We hope you find this a useful currency news info portal

• Russia to keep grain export ban into mid-2011: Putin (AFP) 2nd September 2010 - 16:15
  Russian Prime Minister Vladimir Putin said Thursday that Russia would not lift its temporary ban on grain exports until after next year s harvest, extending the embargo until at least mid-2011.
• FTSE 100 movers: Merger activity dominates (Sharecast) 2nd September 2010 - 16:11
  Bid talk has pushed Footsie higher.
• Arctic Weather Ends Oil Rig Occupation (Sky News) 2nd September 2010 - 16:03
  Four Greenpeace activists have been arrested after abandoning a protest aimed at disrupting drilling on the Stena Don oil rig in Baffin Bay, Greenland.
• Russia extends grain export ban 2nd September 2010 - 15:55
  Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says.
• Plans for more £5 notes in ATMs 2nd September 2010 - 15:33
  All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.
• Greenpeace Protesters Arrested On Oil Rig (Sky News) 2nd September 2010 - 15:23
  Four Greenpeace activists have been arrested after abandoning their 40-hour protest on the Stena Don oil rig in Baffin Bay, Greenland.
• Market overview: FTSE 100 up 2 (Sharecast) 2nd September 2010 - 15:10
  1505: Footsie is still flat. Computer chip designer ARM Holdings is flying a little lower today after Panmure Gordon reiterated its sell recommendation and cut its price target for the stock to 265p from 275p. Tullow Oil, which is to buy a half-share in five licences in the East African rift basins of Kenya and Ethiopia, is also lower. FTSE 100 up 2 at 5,369.
• ECB ups eurozone growth forecasts 2nd September 2010 - 14:32
  The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.
• TechMARK movers: Parity attempts recovery (Sharecast) 2nd September 2010 - 14:24
  IT services provider Parity s share price is attempting to recover following Tuesday s interim figures.
• Brazilian housing boom 2nd September 2010 - 13:59
  After years of building for others, Sergio Oliveira has bought a home of his own
• Asian markets maintain sunny mood [at Financial Times] (Financial Times) 2nd September 2010 - 13:56
  A fifth session of gains out of six lifted Asian stocks to a two-week high on Thursday as broad advances across the region s markets signalled investor relief at positive US manufacturing data backing up similar figures from China the previous day.
• Cairn says Greenland ops resume after protest (AFP) 2nd September 2010 - 13:56
  Scottish oil exploration group Cairn Energy said Thursday it had resumed operations on a rig off the coast of Greenland after Greenpeace ended a protest.
• Energy explorer Tullow Oil expands in east Africa (AFP) 2nd September 2010 - 13:30
  Anglo-Irish energy firm Tullow Oil said Thursday it would buy a 50-percent stake in six exploration licences in Kenya and Ethiopia, expanding its reach in east Africa.
• Market overview: FTSE 100 down 2 (Sharecast) 2nd September 2010 - 13:25
  1320: Footsie has failed to find any sense of direction, with its indecisive performance reflected in the mining sector which appears in both the top 10 risers and fallers. Anglo American is a strong performer, but elsewhere in mining, silver specialist Fresnillo and gold group African Barrick are among the fallers. FTSE 100 down 2 at 5,364.
• Analysts predict fresh record for copper [at Financial Times] (Financial Times) 2nd September 2010 - 13:23
  The price of copper hit a four-month high on Thursday morning as continued optimism about Chinese demand buoyed the red metal amid tightening physical supplies.
• London midday: Profit-takers weaken ARM (Sharecast) 2nd September 2010 - 12:40
  London completed an indecisive morning with the blue-chip index marginally in the red. Investors have shown little inclination to chase prices higher after yesterday s strong advance and economic data has not been helpful to sentiment.
• Afghan bank 'to avoid collapse' 2nd September 2010 - 12:34
  The head of Afghanistan's Central Bank tells the BBC he will not allow the country's biggest commercial bank to collapse.
• What have I bought and sold recently? It is embarrassing (Telegraph) 2nd September 2010 - 12:32
  The confessions of a private investor, who is regretting recent leaps of faith.
• China coal miner digs down to dodge high housing costs (Telegraph) 2nd September 2010 - 12:20
  A retired Chinese coal miner has found an underground solution to the country s sky-high housing costs, by carving out a new home beneath the shack he lives in, Chinas state media reported on Thursday.
• European stocks drop before ECB rate call (AFP) 2nd September 2010 - 12:02
  European stock markets slid on Thursday as investors took profits from recent gains amid caution before the latest interest rate decision from the European Central Bank.
• Market overview: Gains short-lived (Sharecast) 2nd September 2010 - 12:02
  1150: London s swing into the blue mid-morning was all toot brief - less than an hour - as ARM (hit by profit taking) and a bunch of utilities cancelled gains at Autonomy and throughout the insurance sector. The FTSE 100 touched 5,372 before turning 9 points lower at 5,357.
• Eurozone growth of 1% confirmed 2nd September 2010 - 10:54
  The eurozone economy grew by 1% between April and June, driven by strong German growth, official figures confirm.
• Fresh bid talk helps London shares hold steady 2nd September 2010 - 09:48
  Bid talk and improving corporate newsflow gives the FTSE 100 a shot at holding on to the strong gains generated by strong economic data over the previous session
• Market overview: Footsie seeking direction (Sharecast) 2nd September 2010 - 09:46
  0945: Footsie is seeking direction following yesterday s strong gains. The mining sector is mixed with Indian copper miner Vedanta among the risers, but precious metals groups African Barrick Gold and Fresnillo in the bottom 10. Elsewhere in resources, Tullow Oil, which said today it is to buy a half-share in five licences in the East African rift basins of Kenya and Ethiopia, is also lower. FTSE 100 up 1 at 5,368
• House prices fall again in August 2nd September 2010 - 09:44
  House prices fell for the second month in a row in August, according to the Nationwide building society.
• Asia: Easing economy fears give boost (Sharecast) 2nd September 2010 - 09:03
  Japanese stocks rallied on Thursday as investors regained confidence in the global economy following yesterday s manufacturing reports from China and the US.
• Fresh bid talk helps London shares hold steady [at Financial Times] (Financial Times) 2nd September 2010 - 08:50
  The FTSE 100 held steady on Thursday, as traders hoped bid talk and improving corporate newsflow would help it to keep the strong gains generated over the previous session by stronger economic data.
• Market overview: Flat start for Footsie (Sharecast) 2nd September 2010 - 08:42
  0835: Footsie is flat in early dealings, with miners giving up some of their recent gains. Platinum group Lonmin and gold miner Randgold are among the fallers. FTSE 100 down 3 at 5,363. In the FTSE 250, shares in McBride are higher after the maker of household products for supermarkets to sell under their own name posted higher profits.
• Markets boosted as China and US soothe recovery fears (Telegraph) 2nd September 2010 - 08:29
  Global markets rallied yesterday as better-than-expected manufacturing data from the US and China allayed fears of a double-dip recession.
• London pre-open: Dull start for London (Sharecast) 2nd September 2010 - 07:41
  Despite the strong showing overnight by Wall Street and Asian markets London appears set for a subdued start, with City sources predicting the FTSE 100 will open down by around 16 points from yesterday s close.
• Salamander says drilling starts on Dambus well (Sharecast) 2nd September 2010 - 07:27
  Asia-focused oil and gas exploration and production company Salamander Energy said drilling is underway on its Dambus-1 exploration well in Indonesia.
• BP asset sales close to $10bn 2nd September 2010 - 02:38
  The UK group is selling stakes in two petrochemical businesses to Petronas for $363m, which will go towards its target of raising up to $30bn to help pay for the Gulf of Mexico spill
• Johnson Service on road to recovery 2nd September 2010 - 00:04
  Garment rental and laundry company's shares rise more than 18 per cent after first-half results reassure investors that it had turned the corner
• A FTSE 100 Value Trawl (Fool.co.uk) 2nd September 2010 - 00:00
  Stephen Bland trawls the blue chip index for value shares.
• BP ad spend triples since spill 1st September 2010 - 23:45
  Revelation that oil group spent $93m in three months after catastrophe in Gulf of Mexico likely to inflame tensions with US lawmakers
• BP ready to publish findings of probe 1st September 2010 - 23:06
  The UK oil group's internal report into the Gulf of Mexico oil spill will focus on a combination of breakdowns and mistakes in the lead-up to the disaster on April 20
• Obama powerless to reverse stagnation as the jobless total climbs 1st September 2010 - 23:06
  I always think it's nice when the end of the world is postponed for a bit longer.
• Markets boosted as China and US soothe recovery fears 1st September 2010 - 22:55
  Global markets rallied yesterday as better-than-expected manufacturing data from the US and China allayed fears of a double-dip recession.
• SAB Miller to launch financial analysis system 1st September 2010 - 22:32
  The drinks group is working with other FTSE 100 companies on a system to change how the City understands 'consensus estimates' for financial performance
• Veteran fund chief quits at Gartmore 1st September 2010 - 22:25
  The intrigue surrounding fund manager Gartmore has escalated after one of its longest serving fund managers quit the company
• GLG chief to become Man Group COO 1st September 2010 - 22:05
  Emmanuel Roman, the co-chief executive of hedge fund GLG Partners, will become the new chief operating officer of Man Group under a plan to acquire the fund manager
• City of London's dominance of forex and rates markets grows 1st September 2010 - 21:57
  The City's dominance of the world's foreign exchange and interest rate derivative markets grew during the financial crisis, even as London's banking sector imploded, new figures from the Bank of England show.
• Takeover talk raises Footsie's tone 1st September 2010 - 20:50
  C&W Worldwide led the London market higher as takeover speculation helped the FTSE 100 to its sharpest gain since early July
• Santander worst for banking complaints 1st September 2010 - 20:28
  Santander has emerged as the bank with the highest proportion of customer complaints in the UK, with gripes about its banking service flooding in at the rate of one every minute during the first half of this year
• Takeover gossip helps FTSE 100 leap 2.7pc 1st September 2010 - 19:42
  Economics factors aside, bid rumours helped the blue-chip index register its biggest one-day rally in almost two months.
• Tesco bids for Carrefour Asia assets 1st September 2010 - 19:03
  World's third largest supermarket chain is among a pack of more than 10 bidders in the first round of an auction for the south-east Asian assets of Carrefour, the French retailer
• Blair 'warned on economy' in 2005 1st September 2010 - 18:52
  The UK should have addressed its public deficit back in 2005, former Prime Minister Tony Blair has told the BBC.
• Global markets rally on US, China growth 1st September 2010 - 15:59
  Wall Street leads rally in major stock markets after growth in US and Chinese manufacturing soothed fears about global economy.
• Wheat pushes world food prices up 1st September 2010 - 15:09
  UN says international food prices have risen to levels not seen since 2008, partly because of drought in Russia.
• Higher student loan rates begin 1st September 2010 - 14:42
  Millions of graduates will now start paying interest on their student loans again as new interest rates come into effect.