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FTSE Eurofirst 300 adds nearly 2 percent

Markets made significant gains in Europe on Wednesday. The FTSE Eurofirst 300 added 1.96 percent to 1,554.5. In Frankfurt the Dax was up 1.23 percent to 7,605.94, while the Paris CAC-40 gained 2.29 pe...



Crude prices higher on news, US jobs data

Crude oil prices were on a roller coaster Friday, with contracts for West Texas Intermediate crude in New York wavering between gains and losses after the US Labor Department reported that the US econ...

Crude prices drop another $3 per barrel in New York trade

Crude oil prices were down more than $3 per barrel again Monday in afternoon trade in New York as investors reacted to the downgrade of US credit by Standard & Poors late Friday, when the ratings ...



China, Trade Gangster, Pulls Off Stunning Caper

Yesterday, the Pittsburgh Tribune-Review reported that Hitachi Metals denied it was shifting a fifth of its production of high-power magnets to China in 2013. The move, first reported by the Nikkei n...

Guy Carpenter launches Risk Benchmarks report

Guy Carpenter has published its first Industry Risk Benchmarks report for insurers, which provides risk benchmarks for loss ratios and reserves, by line of business, for coefficient of variation (stan...



UK banks on track to meet Project Merlin targets

Provisional figures released today have revealed that the UK's five biggest banks are on track to meet their lending targets under the Project Merlin deal.
Under the agreement, Project Merlin...

Morning Briefing: OTP Bank Bad Loan Book Outlook In Focus

Concerns that European banks still need additional support from the continent’s authorities will weigh on markets Friday, leaving local financial stocks to track, likely downward, moves in sentiment.<...



Slowdown Fears Slam U.S. Stocks

Stocks tumbled amid growing fears of a global recession, as investors confronted a grim mix of U.S. economic data and fresh concerns about Europe's banks.
The Dow Jones Industrial Average end...

Markets extend gains as US begins trading

Shares have extended gains on increased confidence in the eurozone and a rise in US retail sales.
The gains - of up to 4% - come as Europe makes another attempt to restore market order by ban...



Rics: Housing market remains weak in July

The Royal Institution of Chartered Surveyors (Rics) has today reported that the UK housing market remained weak in July with house prices falling further.

According to the Institution, ...






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