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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 Investment News
- Shell profits nearly double
Thu, 29 Jul 2010 16:15:00 +0100
(Update) Anglo-Dutch oil giant Royal Dutch Shell said its profits had soared 94% in the second quarter thanks to oil price rises, production increases and cost-cutting.
- Evershed claimed Duffield 'undermined' fund managers' confidence
Thu, 29 Jul 2010 14:24:07 +0100
Fund manager Patrick Evershed can proceed with his case claiming constructive dismissal against the now defunct New Star Asset Management.
- Towergate launches RDR transition service
Thu, 29 Jul 2010 12:07:26 +0100
Towergate Financial is to allow advisers access to its investment proposition and platform as part of a service to help firms prepare for the retail distribution review and improve client communication.
- SC Davies launches global multi-asset funds ahead of RDR
Thu, 29 Jul 2010 11:30:22 +0100
Boutique wealth manager SC Davies Co to launch a trio of funds ahead of the retail distribution review (RDR).
BBC Business News
- Fugitive tycoon Nadir seeks bail
Thu, 29 Jul 2010 16:24:02 +0000
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, begins a legal bid to be granted bail ahead of a UK theft trial.
- Oil firms' profits almost double
Thu, 29 Jul 2010 15:56:19 +0000
Oil giants Royal Dutch Shell and Exxon Mobil see profits almost double in the week rival BP suffered record losses.
- FSA tightens bankers' pay rules
Thu, 29 Jul 2010 15:35:13 +0000
The Financial Services Authority announces plans to update its guidelines on bankers' pay, affecting 2,500 firms.
- Sony back in profit as TV sales soar
Thu, 29 Jul 2010 15:10:53 +0000
Japanese electronics giant Sony is back in profit, after large losses in 2009/10.
BBC News
- Maze site set to be redeveloped
Thu, 29 Jul 2010 16:45:18 +0000
An announcement is due on redeveloping the site of NI's former top security Maze prison, Martin McGuinness says.
- Beckham denies West Ham contact
Thu, 29 Jul 2010 16:44:36 +0000
David Beckham has 'no interest' in leaving LA Galaxy for West Ham, his spokesman says.
- Frenchwoman 'smothered newborns'
Thu, 29 Jul 2010 16:41:20 +0000
Prosecutors say a Frenchwoman has admitted killing eight newborn babies after remains are found in a northern village but says her husband knew nothing.
- 'Hijack' foiled at Moscow airport
Thu, 29 Jul 2010 16:39:49 +0000
Russian security forces at Moscow's Domodedovo airport arrest a man suspected of trying to hijack a plane.
