Yule love it! Selfridges' Christmas shop launches 143 days ahead of big day
Central London department store transforms 3,000 square feet of its fourth floor into festive winter wonderland – despite the summer weather Christmas came early as Selfridges launched its Christmas shop on Monday. The central London department store has transformed 3,000 square feet of its fourth floor into a winter wonderland filled with festive decorations. Even […]
Serious Fraud Office to investigate firm’s Somali oil contract bid
Soma Oil and Gas, chaired by ex-Conservative leader, paid company negotiating for government of Somalia over lucrative oil deal A company chaired by the former leader of the Conservative party made payments to a Somali government adviser as they were agreeing a lucrative oil contract with the troubled east African country, the Guardian has learned. […]
German car giants pay £2bn for Nokia's Here mapping service
Audi, BMW and Daimler team up to acquire technology that could prove invaluable in race to develop driverless cars Three German carmakers have put their rivalries aside by teaming up to acquire a €2.8bn (£2bn) mapping business from Nokia, as they attempt to avoid being outsmarted by technology groups in the race to cash in […]
Greek shares nosedive as manufacturing data reveals economy in shock
Banks lose 30% as Athens stock market opens for the first time since late June The full extent of the damage caused by the Greek crisis was laid bare when the first day of stock market trading after five weeks of economic paralysis saw shares lose a sixth of their value. Bank stocks bore the […]
Royal Bank of Scotland share price: let's hope Rothschild is right
A loss on the disposal of RBS is inevitable since the privatisation price of 502p is miles away. But the size of the loss matters As the chancellor prepared to press the button on his first sale of Royal Bank of Scotland stock, the share price fell to within pennies of its lowest level this […]
Kipper Williams on the Greek stock market
Greece shares plunge as stock market re-opens Continue reading… Source: The Guardian Circular Economy RSS
FTSE falls back but Rolls-Royce rises as it talks with active investor
Aero engine maker bucks downward trend but mining shares hit by Chinese data With mining shares under pressure after poor Chinese manufacturing data, the UK market made a downbeat start to the month. But Rolls-Royce rose 47p or nearly 6% to 841p on talk it could speed up turnaround plans after activist investor ValueAct bought […]
What is TTIP and why should we be angry about it?
The Transatlantic Trade and Investment Partnership may sound boring, but it could affect everything from your income to the food you eat and the state of the NHS. Here is a beginners’ guide to the controversial trade deal “Sometimes,” says a character in David Foster Wallace’s novel The Pale King, “what’s important is dull. Sometimes […]
Greece debt crisis: Athens stock market ends 16% lower as manufacturing plunges – live
Greek factory output falls to record low in July Market falls more than 20% as bourse reopens after five-week shutdown Bank and finance shares collapse by as much as 30% Lenders meet Greek labour minister China woes deepen on manufacturing slowdown 5.16pm BST As the Athen market fell sharply on its first day of trading […]
Royal Bank of Scotland: from bailout to sell-off
The government’s stake in RBS is to be sold off, nearly seven years after the bank was bailed out during the financial crisis October 2007: RBS takes control of ABN Amro after a six month £48bn bid battle to take control of the Dutch bank Continue reading… Source: The Guardian Circular Economy RSS