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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.


Citywire Investment News

  • Cumming and Buxton to vote against Glencore/Xstrata deal
    Tue, 07 Feb 2012 11:05:50 Z
    (Update) Glencore and Xstrata  have agreed an all-share merger worth $90 billion, but Standard Life Investments' David Cumming and Schroders' Richard Buxton plan to vote against it, fearing that it undervalues Xstrata.
  • Forecast-beating BP delights dividend hunters
    Tue, 07 Feb 2012 10:29:41 Z
    Patience has proved to be a virture for BP shareholders with the oil giant raising its dividend for the first time since the Deepwater Horizon disaster on the back of bumper profits.

BBC News

  • Leveson recalls Mail editor Dacre
    Tue, 07 Feb 2012 11:33:36 GMT
    Daily Mail editor Paul Dacre is recalled to the inquiry into press standards to face more questions on accusations made by the actor, Hugh Grant.
  • US to deport Liberia ex-warlord
    Tue, 07 Feb 2012 11:32:59 GMT
    A US judge rules that former Liberian rebel leader George Boley should be deported for his role in the West African country's civil war.
  • Glencore-Xstrata in $90bn merger
    Tue, 07 Feb 2012 11:32:02 GMT
    Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  • Chinese workers 'freed' in Sudan
    Tue, 07 Feb 2012 11:30:45 GMT
    A group of Chinese workers kidnapped by rebels in Sudan has been freed and flown to Kenya, a statement from Sudan's foreign ministry says.

BBC Business News

  • Glencore-Xstrata in $90bn merger
    Tue, 07 Feb 2012 11:32:02 GMT
    Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  • VIDEO: Thousands in Greece go on strike
    Tue, 07 Feb 2012 11:21:24 GMT
    Public transport and ports have ground to a halt in Greece as two of the country's largest public-sector unions strike in protest at continuing austerity.
  • Toyota increases profits forecast
    Tue, 07 Feb 2012 11:10:39 GMT
    Carmaker Toyota raises its profits forecast, saying its recovery is on track following setbacks caused by the Japanese tsunami, Thai floods and the strong yen.
  • 'Gob smacking' tax and NHS costs
    Tue, 07 Feb 2012 11:01:02 GMT
    Estimates showing £10.9bn in unpaid tax was written off and medical negligence could cost £15.7bn are examined by the Commons spending watchdog.

Citywire News

  • BP raises dividend as profits jump
    Tue, 07 Feb 2012 08:29:11 Z
    Investors, who have waited patiently for a higher dividend since 2010?s Gulf of Mexico disaster, will receive a payment of eight cents per share.