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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire News
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
- Emerging Markets: three ways to profit from Brazilian flair
Fri, 30 Jul 2010 11:35:09 +0100
In the fourth of our series on emerging markets we look at three ways to tap into the Brazilian growth story. As the country gears up to host the 2014 World Cup and the 2016 Olympics, we ask if it can deliver on the investment front as well.
- Markets lose ground ahead of US GDP announcement
Fri, 30 Jul 2010 09:17:22 +0100
Investors are steeling themselves for disappointment from this afternoon's release of US economic growth figures for the second quarter.
- Anglo American brings back dividend
Fri, 30 Jul 2010 09:09:21 +0100
Income-seekers will be relieved to see that one of the world's largest mining companies Anglo-American is reinstating its dividend.
- BA loses £164 million after strikes and volcanic ash
Fri, 30 Jul 2010 09:08:26 +0100
British Airways shares are on the up despite the airline reporting higher losses in the second quarter. There is relief that the financial impact of cabin crew strikes and volcanic ash was not higher than expected.
BBC Business News
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 11:26:13 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
- Strikes and ash extend BA losses
Fri, 30 Jul 2010 11:22:45 +0000
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
- US sees paper profit on bail-outs
Fri, 30 Jul 2010 11:05:34 +0000
Assets bought by the US to bail out AIG and Bear Stearns are showing a paper profit, the Federal Reserve Bank of New York says.
- Disney sells Miramax film studios
Fri, 30 Jul 2010 10:16:58 +0000
Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
- Sale of EDF's UK networks agreed
Fri, 30 Jul 2010 09:50:38 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
BBC News
- Syria and Saudi leaders in Beirut
Fri, 30 Jul 2010 11:32:50 +0000
Syria's president is in Lebanon after years of tension between the two countries, in a visit with the Saudi king to try to avert a looming political crisis.
- Four fined over SA 'racist video'
Fri, 30 Jul 2010 11:30:26 +0000
Four white South Africans are fined $2,700 (£1,700) each after making a video humiliating black university workers.
- Prescott Iraq intelligence doubts
Fri, 30 Jul 2010 11:27:43 +0000
The intelligence on Iraq's weapons threat was "not very substantial", former deputy prime minister Lord Prescott says.
- Did they really play croquet at the Olympics?
Fri, 30 Jul 2010 11:27:00 +0000
The tug of war, croquet and cricket have all featured as Olympic sports in games gone by, with two years to go until the London Olympics we chart all those sports that have come and gone in over a century of competition.
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 11:26:13 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
