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Press Round Up News

Press round up

Wednesday newspaper round-up: India rate cut, Defence spending, Household income

Wednesday newspaper round-up: India rate cut, Defence spending, Household income

Wed, 04 March 2015

The central bank in India has cut rates for the second time in two months, lowering its main interest rate by 25 basis points to 7.5% due to faster-than-expected disinflation and recent budgetary refo... [more]

Tuesday newspaper round-up: Greece, Netanyahu Vs. Obama, UN austerity

Tuesday newspaper round-up: Greece, Netanyahu Vs. Obama, UN austerity

Tue, 03 March 2015

Greece will tap its final pension reserves at the country's central bank if required to avoid catastrophic default to the International Monetary Fund, according to The Telegraph. Binyamin Netanyahu co... [more]

Monday newspaper round-up: Scottish oil, HSBC, US army

Monday newspaper round-up: Scottish oil, HSBC, US army

Mon, 02 March 2015

The Scottish oil industry desperately needs state support to prevent drilling fields from becoming uneconomic and prematurely abandoned, Gordon Brown told The Guardian. MPs are set to question HSBC ab... [more]

Sunday newspaper round-up: Opec, HSBC, Afren bid battle

Sunday newspaper round-up: Opec, HSBC, Afren bid battle

Sun, 01 March 2015

A fierce dispute is set to break out within the key organisation behind fixing world oil prices, according to the Sunday Telegraph. The Organisation of the Petroleum Exporting Countries (Opec) is torn... [more]

Friday newspaper round-up: Greek bailout, Ukraine gas, National Rail

Friday newspaper round-up: Greek bailout, Ukraine gas, National Rail

Fri, 27 February 2015

Germany is expected to approve a new bailout deal for Greece on Friday, The Telegraph reported. Ukraine has refused to pay for more gas deliveries to Russia, arguing that Gazprom only supplied 40% of ... [more]

Thursday newspaper round-up: HSBC, RBS, Pharmacyclics

Thu, 26 February 2015

HSBC boss Stuart Gulliver apologised to MPs on Wednesday for the "unacceptable events" at the bank's Swiss subsidiary following revelations about tax-avoidance activities in the mid-2000s, reports The... [more]

Wednesday newspaper round-up: Greek bailout, HSBC boss, UK sends troops

Wed, 25 February 2015

Doubts have shrouded whether Greece will follow its creditors' orders on budget cuts despite Eurozone finance minister approval for a four-month bailout extension, wrote The Wall Street Journal. HSBC'... [more]

Lonmin chief operating officer leaves after just six months

Tue, 24 February 2015

The chief operating officer of Lonmin has resigned just six months after taking the job, with analysts concerned about the loss of senior staff at the platinum miner over the last year. Johan Viljon, ... [more]

Tuesday newspaper round-up: Greece, Malcolm Rifkind, UKIP

Tue, 24 February 2015

A six-page list of bailout extension reforms have been prepared for examination in Brussels on Tuesday, where the Eurozone's finance ministers are expected to decide whether Greece's proposals will be... [more]

Monday newspaper round-up: HSBC chief, Terrorism, UK wages

Mon, 23 February 2015

Leaked files revealed that HSBC chief executive Stuart Gulliver hid millions of pounds in a Swiss account through a Panamanian company and is still tax domiciled in Hong Kong, according to The Guardia... [more]

Sunday newspaper round-up: Morrisons, Lloyds Banking, Thomas Cook

Sun, 22 February 2015

Morrisons is close to announcing that the ex-head of Tesco's Asian business will be its next Chief Executive, according to the Sunday Times. David Potts is the frontrunner to succeed Dalton Philips ru... [more]

Friday newspaper round-up: Investment banking probe, British Gas, Bank mis-selling

Fri, 20 February 2015

Investment banks in the UK are facing a competition probe by the Financial Conduct Authority, according to the Financial Times. The regulator "could force banks to stop selling products and be more tr... [more]

Thursday newspaper round-up: Putin tactics, Nestle results, Social housing shortage

Thu, 19 February 2015

British defence secretary Michael Fallon has warned that Russian president Vladimir Putin could repeat destabilising tactics against Baltic members of the Nato alliance that were previously used again... [more]

Wednesday newspaper round-up: Windfarm project, Greek bailout, US tech terror

Wed, 18 February 2015

The world's largest offshore windfarm project expected to cost between £6bn and £8bn has been approved for construction off the Yorkshire coast by the UK's energy secretary, The Guardian said. Greece ... [more]

Tuesday newspaper round-up: Ed Balls expenses, Greek talks, Amazon Prime

Tue, 17 February 2015

Ed Balls has come under fire for claiming expenses for odd jobs without submitting receipts, undermining advice he gave to the British public about demanding receipts from tradesmen on Monday, wrote T... [more]

Monday newspaper round-up: Copenhagen shooting, £650m cyberattack, house prices...

Mon, 16 February 2015

An Islamist extremist identified as ex-con Omar el-Hussein shot two people during two separate incidents in Copenhagen on Saturday before being killed by police early Sunday morning, according to The ... [more]

Sunday newspaper round-up: Centrica, Tesco, Lloyds

Sun, 15 February 2015

Centrica is set to slash spending, cut jobs and severely write down the value of its business when it reports annual results on February 19th, according to the Sunday Times. British Gas's parent could... [more]

Friday newspaper round-up: Ukraine ceasefire, 1m new homes, Disposable income

Fri, 13 February 2015

A ceasefire deal has been struck between Russia and Ukraine after 17-hour-long negotiations took place on Thursday, The Wall Street Journal reported. More than 1m new houses will be built in the UK if... [more]

Thursday newspaper round-up: Greek talks, Shell boss, Zurich results

Thu, 12 February 2015

Six-hour talks between Eurozone finance ministers in Brussels failed to come to terms with demands made by the new Greek government, reported the Financial Times. Royal Dutch Shell boss Ben van Beurde... [more]

Wednesday newspaper round-up: Tory/HSBC scandal, Driverless cars, UK defence

Wed, 11 February 2015

Prime Minister David Cameron has come under fire for appointing Lord Green of Hurstpierpoint as trade minister in 2011 after it was revealed he was responsible for HSBC's Swiss private banking busines... [more]

Tuesday newspaper round-up: HSBC questioning, Cameron pay rises, Qualcomm fine

Tue, 10 February 2015

The ex-head of Revenue and Customs and an ex-government minister have been called to explain how HSBC clients were able to hide £135m in the firm's Swiss branch without criminal charges, according to ... [more]

Monday newspaper round-up: HSBC tax dodge, UK pensioners, CGT loophole

Mon, 09 February 2015

Leaked bank account files have revealed that HSBC's Swiss banking branch took part in tax avoidance schemes, helping well-off customers hide millions of dollars in assets, untraceable cash and domesti... [more]

Sunday newspaper round-up: Tesco, inflation, North Sea oil

Sun, 08 February 2015

Tesco has told suppliers to cut prices to reflect the falling price of raw materials, the Sunday Times said. The supermarket group has warned its suppliers their products could be taken off shelves if... [more]

Friday newspaper round-up: Vladimir Putin, ISIS, Mortgage rate war

Fri, 06 February 2015

Russian President Vladimir Putin has spilt political opinion with a surprise peace plan for Ukraine, The Times reported. While France and Germany seem eager to encourage the ceasefire and UN deploymen... [more]

Thursday newspaper round-up: BT buys EE, Starbucks profits, Rising wages

Thu, 05 February 2015

BT has finalised a £12.5bn deal to purchase EE from Deutsche Telecom and Orange, according to The Telegraph. Talks have been taking place since December and reports claim an agreement was reached Wedn... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
ITV 234.50 5.73 17:10
Standard Chartered 1,024.00 5.11 17:00
Barclays 262.40 3.19 17:10
International Consolidated Airlines Group SA (CDI) 569.50 2.43 17:10
Reed Elsevier 1,128.00 2.36 16:39

FTSE 100 Top Fallers

Name Last Chg.% Time
Fresnillo 724.50 -8.46 17:09
Randgold Resources Ltd. 4,786.00 -4.22 17:09
Anglo American 1,163.50 -3.11 17:09
Legal & General Group 270.30 -2.84 17:14
Hargreaves Lansdown 1,138.00 -2.82 17:03