Breaking News
US third quarter GDP revised down to an annualised 2%
The final estimate of third quarter US gross domestic product was revised lower on Wednesday, the Commerce Department revealed.
Watchstone Group rockets as it resumes trading
Shares in Watchstone Group, the insurance technology firm formerly known as Quindell, were 115% higher as they resumed trading on AIM.
Fed raises rates, as expected
The US central bank on Wednesday raised its main policy rate by 25 basis points, as had been widely anticipated by economists.
UK unemployment rate falls unexpectedly but wage growth slows, ONS reveals
The UK unemployment rate unexpectedly fell to 5. 2% in the three months to October from 5. 3% the previous quarter, according to official data on Wednesday.
PRA will challenge foreign proposals asking smaller banks to hold more capital
The UK will challenge any attempt by international regulators to ask smaller banks to hold more capital against the residential mortgages on their books, Sky News reported.
Barclays may sell part or all of its African operations
Barclays may sell a part or all of its African operations, breaking with a hundred years of history on that continent.
US inflation rises 0.5% year-on-year in November, in line with forecasts
US inflation rose 0. 5% in November from a year ago, matching analysts' estimates and marking an improvement from the previous month's 0. 2% increase.
UK inflation rises 0.1% year-on-year in November, as expected
UK inflation returned with a 0. 1% rise in November compared to a year ago, after the previous month's 0. 1% decline.
China signals it might unpeg the Yuan from US dollar
China may be laying the groundwork for untying the yuan from the value of the US dollar.
Man killed during north London police operation
A man has been killed in north London during an "intelligence-led" police operation.
Fewer Britons expect interest rates to rise next year, BoE says
Consumers’ expectations for inflation over the coming year were unchanged in November.
Glencore may float agriculture business, in talks about asset sales
Glencore has revealed it is examining a potential initial public offer (IPO) of the commodity group's agriculture business and has been in talks about the potential sale of some infrastructure assets.
MPC keeps policy unchanged, as expected
The Monetary Policy Committee kept its main policy rate and the size of its asset purchase facility unchanged at 0. 50% and £375bn, respectively, as economists had expected.
Opec production rises to three-year high
Opec said crude production from its members has risen to a three-year high in November and the Middle East oil cartel also raised its 2015 oil demand forecast.
Swiss central bank keeps rates unchanged, as expected
The Swiss National Bank kept its main policy rate unchanged at -0. 75% on Thursday, as analysts had expected.
Sacking of South African finance minister sends rand to 1971 lows
South Africa’s president on Wednesday evening fired the country’s finance minister, Nhlanhla Nene, a decision that weighed on financial assets from the country, including shares of London-listed Old Mutual and Investec.
West Texas crude futures continue to slide
The US benchmark for crude oil slipped lower early on Tuesday afternoon, returning it to its lowest levels since 2009.
Anglo American tumbles as it scraps dividend, announces restructuring
Anglo American said it will suspend its dividend to investors this year and the next as it announced a "radical" portfolio restructuring and further material costs savings and capex reductions to combat declining commodity prices.
Russian parliament to debate raising of smoking age
Reports that Russia could raise the smoking age to 21 from 18 have hit the shares of some big tobacco companies.
Keurig Green Mountain to be taken private for $13.9bn
Keurig Green Mountain is to be acquired and taken private by a group of investors including Jacobs Douwe Egberts.