GO
Loading...

United Kingdom

More

  • Stocks muted as US manufacturing, Spain weighed Tuesday, 2 Oct 2012 | 5:29 AM ET

    BANGKOK-- World stock markets lost momentum Tuesday as investors weighed an improvement in U.S. manufacturing against the possibility Spain's government debt will be downgraded to junk status. Britain's FTSE 100 fell 0.3 percent to 5,806.11. In Asia, Japan's Nikkei 225 index shed morning gains to close 0.1 percent lower at 8,786.05.

  • Ex-divs to take 0.3 points off FTSE 100 on Oct 3 Tuesday, 2 Oct 2012 | 5:22 AM ET

    companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 0.3 points off the index. Keywords: MARKETS BRITAIN STOCKS EXDIV.

  • UK gas prices rise on undersupplied system Tuesday, 2 Oct 2012 | 5:20 AM ET

    *UK gas system opens 30 mcm/d short. Britain's gas market opened over 30 million cubic metres undersupplied on Tuesday morning, according to data from National Grid. As a result of the undersupplied system and rising demand, gas prices for delivery the next day rose from 58.50 pence per therm on Monday morning to around 61 pence at 0830 GMT on Tuesday.

  • The health of the euro zone economy, as signalled by Purchasing Managers' Index data, is consistent with a steep slump in equity markets before the year end, Deutsche Bank analysts write in a note. If the index remains around that level for the rest of the year, euro zone equity markets should fall by 22 percent, Deutsche's model shows.

  • REFILE-UPDATE 1-Talanx shares rise in IPO debut Tuesday, 2 Oct 2012 | 5:12 AM ET

    *Shares rise in biggest German IPO since 2010* Talanx IPO eyed in run-up to British Direct Line IPO* Talanx CEO says no big takeovers planned in next 2 years.

  • UPDATE 1-Talanx shares rise in IPO debut Tuesday, 2 Oct 2012 | 5:07 AM ET

    *Talanx CEO says no big takeovers planned in next 2 years. FRANKFURT, Oct 2- Shares in Talanx, Germany's third-biggest insurer, opened higher in their Frankfurt stock market debut on Tuesday, vindicating the company's decision to go ahead with the share sale after hesitating last month over the state of Europe's fragile IPO market.

  • Britain's Daily Mail cites speculation linking ITV to a wide-ranging group of potential suitors, ranging from private equity firms to other rival media companies. ITV is up 1.4 percent at 91.20 pence in early morning trade- close to a 52- week high of 92.25 pence and outperforming a flat FTSE 100.

  • LONDON, Oct 2- Qatar Airways will become the first Gulf carrier to join the oneworld alliance of airlines with an agreement due to be announced early next week, according to sources close to the alliance.

  • TEXT-Fitch affirms the Bank of England at 'AAA' Tuesday, 2 Oct 2012 | 5:01 AM ET

    The BoE's ratings reflect its central role in the UK and international financial system. They remain underpinned by support from the' AAA'-rated UK sovereign. The near certainty of sovereign support for the BoE derives primarily from its national strategic importance, as well as its ownership by the UK Treasury.

  • UPDATE 1-Bank stocks push UK FTSE lower Tuesday, 2 Oct 2012 | 4:55 AM ET

    *FTSE 100 slips 0.2 pct, close to key 5,800 technical level. LONDON, Oct 2- UK shares fell on Tuesday, led by banks after a sector downgrade by UBS, and analysts said the market would stay in a tight range while uncertainty over the weak economy and the euro zone persists. The blue-chip FTSE 100 was down 0.2 percent, or 8.27 points, at 5,812.18 points.

  • OSLO, Oct 2- Statoil said on Tuesday its gas production on the Norwegian continental shelf was reduced by 12 million cubic metres per day due to "decreased availability".

  • European shares steady; Spain in focus Tuesday, 2 Oct 2012 | 4:35 AM ET

    PARIS, Oct 2- European stocks pared early losses and steadied on Tuesday, with investors looking for clues on whether Spain will soon request a bailout that would ease fears of contagion from the euro zone debt crisis.

  • *Qatar airways to join oneworld alliance, to be unveiled at press conference.

  • UK construction contracts again in Sept - Markit Tuesday, 2 Oct 2012 | 4:30 AM ET

    LONDON, Oct 2- Construction activity contracted in Britain for a second straight month in September as business morale held close to its lowest since Britain entered recession in 2008, a survey of industry managers showed on Tuesday.

  • Oct 02- Fitch Ratings has maintained its Stable Outlook on the UK non-life insurance sector, even as fundamental indicators in the sector remain weak. The Stable Outlook indicates that the vast majority of UK non-life insurers' ratings are likely to be affirmed over the next 12-24 months.

  • UK shares slip as euro concerns weigh Tuesday, 2 Oct 2012 | 4:16 AM ET

    *FTSE 100 down 0.2 percent; close to 5,800 technical level. LONDON, Oct 2- Britain's benchmark share index edged lower on Tuesday, with sentiment driven by concerns about Europe that traders said could drive the market down further.

  • US stock index futures signal higher Wall St open Tuesday, 2 Oct 2012 | 4:09 AM ET

    LONDON, Oct 2-* U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100. *ICSC/ Goldman Sachs release at 1145 GMT chain store sales for the week ended Sept. 15.

  • The A2/A-/A- rated issuer mandated Commerzbank, HSBC, ING and SG CIB for the transaction that is expected to be priced today.

  • LONDON, Oct 2- 3 Legs Resources PLC:. *ConocoPhillips did not give notice to exercise option for 70% interest in. three baltic concessions before September 30.

  • *European shares fall in early trading, euro dips back below $1.29. LONDON, Oct 2- European shares and the euro dipped on Tuesday as investors worried about Spain's economic troubles and a gloomy outlook for global growth, cashing in recent gains.