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Latest News
04 Jul
Real Madrid and Barcelona among Spanish football clubs ordered to return millions in taxes

Real Madrid and Barcelona - two of the world's biggest football clubs - have been ordered to pay back millions of euros in taxes to the Spanish government, after the European Union ruled that they benefitted from illegal tax breaks.

04 Jul
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LSE shareholders approve Deutsche Boerse merger

London Stock Exchange said on Monday that shareholders have voted overwhelmingly in favour of its merger with Deutsche Boerse.

04 Jul
Lufthansa, avión
Lufthansa CEO: Brexit not good for airline sector

Britain's decision to leave the European Union could have a significant impact on the airline sector, according to CEO of Lufthansa Carste Spohr.

04 Jul
aldermore
Directors dealings: Aldermore chairman tops up stake

Aldemore chairman Glyn Jones went bottom-fishing in shares of his company, picking up £118,883. 00-worth of stock on 30 June, the company said in a statement.

04 Jul
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Italian government stands ready to aid banks, even against EU rules if necessary

Rome has made plans to inject funds into its ailing banking system should signs of severe systemic distress emerge, the Financial Times reported.

04 Jul
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Herencia Resources hits stumbling block in Paguanta sale

Herencia Resources hit a fresh stumbling block in its sale of Paguanta Resources on Monday, with the potential purchaser pushing the date back and the company only weeks away from possible insolvency.

04 Jul
Andrea Leadsom
Andrea Leadsom launches bid to become Tory PM

Andrea Leadsom launched her bid to become the next prime minister and leader of the Conservative Party on Monday, vowing to follow through with Brexit and end the free of movement of people.

04 Jul
Diamond
Starvest takes tiny nibble of Diamondcorp

Investment company Starvest announced on Monday that it has purchased 340,000 shares in emerging diamond producer Diamondcorp for £25k.

04 Jul
money
Access Intelligence disposes of AITrackRecord in management buyout

Risk management software supplier Access Intelligence announced on Monday that it has agreed terms to dispose of its subsidiary AITrackRecord to TrackRecord Holdings, a newly-formed company founded by AITrackRecord’s current CEO David McNair Scott.

04 Jul
barclays bank london
Former Barclays staffers convicted for Libor rigging

Three former Barclays employees have been convicted as guilty at Southwark Crown Court for manipulating the Libor interest rate in the period 2005-2007.

04 Jul
libras
JP Morgan does not expect bounce in stocks to continue, FTSE 100 to outperform

JP Morgan cautioned clients it did not expect a sustainable rally in global stocks like the one seen between February and April, pointing to a host of reasons to back up its assessment, advising investors to remain focused on those stocks which stood to benefit from falling sovereign bond yields.

04 Jul
renault
Autos lower by 2% as Volkswagen shares suffer slight fall

The auto industry took a hit of almost 2% after a host of car manufacturers including Peugeot, Citroen, Renault and BMW were handed price target cuts from financial services firm Kepler Cheuvreux.

04 Jul
l-ocde-previent-qu-un-brexit-serait-un-choc-economique-majeur
The 600 Group sells property, comments on Brexit exposure

The 600 Group has sold a property for £2. 0m, and advised shareholders of several factors that it says reduce the risks associated with post-Brexit trading.

04 Jul
handshake
RedstoneConnect extends contract with GlaxoSmithKline

RedstoneConnect subsidiary Connect IB has extended its existing Site-Map application contract to GlaxoSmithKline's Asia headquarters.

04 Jul
Bank of England BoE governor Mark Carney, banking, financial services
Tuesday preview: BoE's financial stability report to spell out Brexit risks

Bank of England Governor Mark Carney is expected to reveal further details of post-Brexit risks to the UK economy in its financial stability report on Tuesday.

04 Jul
Money cash dollars
Gemfields finalises debt-financing facilities of $65m

Gemfields has confirmed the finalisation of four debt-financing facilities totalling $65m.

04 Jul
Dominican Republic beach
Fusionex rises on contract win in Asia

Shares in Fusionex are up more than 7% after confirming a multi-million dollar contract win with an integrated holiday resort in Asia.

04 Jul
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Large drop in Spanish unemployment in June

The number of unemployed people in Spain fell for a fourth consecutive month in June to reach its lowest since September 2009.

04 Jul
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UK construction PMI drops to seven-year low

The pace of UK construction slowed more than expected in June, data released on Monday showed.

04 Jul
computer chip technology computers
Michael Woolley appointed CFO of EG Solutions

Michael Woolley has been appointed chief financial officer of optimisation software company EG Solutions with immediate effect.