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Sun 19 May 2013
The London Stock Exchange is considering buying a stake in Istanbul’s fast-growing stock market as part of a deal that could see Turkish trades settled in the City. Borsa Istanbul has been seeking an international partner to overhaul its technology and improve the market’s access to foreign investors for several months. The LSE’s proposal would see Borsa Istanbul start to clear its trades through LCH Clearnet, the financial plumbing system now majority-controlled by the LSE. The Turkish exchange would also use the LSE’s Millennium Exchange software, The Sunday Times reports.
A Canadian-led consortium targeting Severn Trent... Read more
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Sun 19 May 2013
Thomas Cook still has a long flight ahead of it, but the new Captain at the controls seems to have stabilised the craft. In fact, things now look normal. Above all, the company needs to sharply improve the experience of its customers, quite a challenge. However, the 1.6bn pound capital restructuring announced last week means that the outfit now has a fighting chance. Then there are the upwardly revised cost-savings targets and plans to rationalise its airlines and dealings with hotels. The travel tour operator may be headed for a sunnier future, says The Sunday Times´s Matthew Goodman.
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Sat 18 May 2013
- Benchmarks register fourth weekly gain
- S&P and Dow at all-time highs
- Uni of Michigan index and Leading Indicators beat forecasts
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Fri 17 May 2013
An approach by a group of ENRC’s founding shareholders regarding a possible takeover is not high enough, according to the mining company which has allowed the consortium more time to revise up its proposal.
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Market Buzz |
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Fri 17 May 2013
1630: Today's session ended firmly higher, up 98 points on the week. RBS led the risers after UBS lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve. The...
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Fri 17 May 2013
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Fri 17 May 2013
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Fri 17 May 2013
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Company News |
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Fri 17 May 2013
An approach by a group of ENRC’s founding shareholders regarding a possible takeover is not high enough, according to the mining company which has allowed the consortium more time to revise up its proposal.
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Fri 17 May 2013
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Fri 17 May 2013
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Fri 17 May 2013
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