News and comment
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Citywire Investment News
- The Gherkin up for sale for £650m
Tue, 29 Jul 2014 08:09:27 +0100
The Gherkin, one of the City's more recent iconic landmarks, has been put for sale by receivers with hopes it will reach £650 million.
- Electra rejects activist Bramson's restructuring proposals
Tue, 29 Jul 2014 07:55:02 +0100
Electra Private Equity has turned down activist shareholder Sherborne Investors Management's requests for a change of directors and strategy at the trust.
- St. James's Place ups divi 40% as AUM hit £47.6bn
Tue, 29 Jul 2014 07:37:29 +0100
St. James's Place's saw assets under management (AUM) rise by 7% in the first half of the year to hit a record high of £47.6 billion which helped boost profits by 12%.
- Overnight Markets: Wall Street little changed as deal news offsets data
Tue, 29 Jul 2014 05:31:43 +0100
Investors' optimism was limited by the day's economic data, which showed pending home sales unexpectedly fell 1.1% in June.
BBC Business News
- BP warns of Russia sanctions risk
Tue, 29 Jul 2014 08:23:49 GMT
Oil giant BP reports a rise in second quarter profits to $3.2bn, but warns that further economic sanctions against Russia could affect its business.
- UBS sees its net profits rise 15%
Tue, 29 Jul 2014 06:57:13 GMT
UBS, Switzerland's biggest bank, has reported a 15% jump in second-quarter net profit on the same period last year.
- China regulators in Microsoft visit
Tue, 29 Jul 2014 02:28:45 GMT
Microsoft confirms that officials from the Chinese regulatory body responsible for enforcing business laws have visited some of its offices.
- The 'mistake' behind a top handbag firm
Mon, 28 Jul 2014 23:03:15 GMT
How did Michael Jackson help inspire a handbag firm?
- Bomber kills Hamid Karzai's cousin
Tue, 29 Jul 2014 08:34:33 GMT
A suicide bomber has killed a cousin of President Hamid Karzai in the southern city of Kandahar, officials say.
- Murder probe after injured OAP dies
Tue, 29 Jul 2014 08:33:31 GMT
An 85-year-old woman, Eleanor Whitelaw, who was found seriously injured in her Edinburgh home, dies two weeks later.
- Israel steps up bombardment of Gaza
Tue, 29 Jul 2014 08:30:36 GMT
Gaza sees one of its heaviest nights of bombardment, by air, sea and land, after Israel's prime minister warns of a long conflict ahead.
- Diesels 'face £10 pollution charge'
Tue, 29 Jul 2014 08:30:32 GMT
Plans to charge drivers of diesel cars £10 to drive into central London are being considered, it is reported.