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China's Minsheng to invest $1.5bn in London

2015-02-15 17:00

China's largest private investment fund, says it will invest $1.5bn in a Chinese-led project to develop a new financial district in London.

Malala heartbroken by Pakistan school slayings

2014-12-16 15:19

Nobel peace laureate Malala Yousafzai, who was shot in the head by the Taliban in 2012, says she is heartbroken by "the senseless and cold blooded" killing of scores of children by Taliban militants in Pakistan.

Britons petition banks on forex fees

2014-11-20 12:39

Over 13 000 Britons have signed an online petition calling for regulators to force banks to reveal how much they make on everyday foreign currency transactions.

UK rates likely to stay at record lows

2014-11-12 11:29

Governor Mark Carney is expected to announce interest rates will stay low until the middle of 2015 when he gives the Bank of England’s latest economic forecast.

Opec sees global energy demand soaring

2014-11-07 17:09

Opec says global energy demand will climb by 60% by 2040 compared to 2010 levels, with greenhouse-gas-emitting fossil fuels remaining the main source of power.

Low growth, price cuts plague eurozone

2014-11-05 17:00

Eurozone business growth has picked up less than expected in October, despite another deep round of price cuts.

Tesco cancels full-year profit forecast

2014-10-23 14:00

Tesco has reported a bigger-than-expected hole in its finances after finding accounting errors had gone back further than initially thought.

World oil demand to dip in 2015 - IEA

2014-10-14 14:09

The world will see much weaker oil demand growth in 2015 than forecast previously, the International Energy Agency has said.

Heathrow to sell regional airports for £1bn

2014-10-03 16:45

Heathrow Airport Holdings is set to sell three British airports for £1bn to a group including Ferrovial, Singaporean GIC and Australian bank Macquarie.

UK body to probe forex market

2014-08-27 09:36

The UK Competition and Markets Authority has become the latest regulator to investigate the global foreign exchange market following allegations of rigging.

 

Foreign investors in London forcing out locals

2015-01-11 16:28

Tough foreign competition in the London commercial property market is forcing local investors to invest in regional cities to tap rising rents.

Hochschild Mining cuts executive pay

2014-12-10 12:15

Hochschild Mining says chairperson Eduardo Hochschild will become non-executive chairperson and will also further slash executive pay.

Gemfields' South African boss has big plans

2014-11-19 12:33

Gemfields CE Ian Harebottle is aiming for a $1bn business in the next 18 months and says in two to three years' time he may even ask 'shall we buy De Beers'?

Canary Wharf's home-building bet in London

2014-11-09 13:55

Canary Wharf Group's plans for high-rise living in London's transformed financial centre mark a new departure for it and workers in Britain's capital.

Gold firms plan drastic cuts to survive

2014-11-07 06:00

Struggling gold producers are increasingly planning to scrap dividends, cut jobs, halt projects and shut mines to survive the latest price plunge.

UK's rapid economy recovery may slow down

2014-11-05 16:35

Britain's rapid economic recovery could slow in the final months of 2014 after uncertainty about the global economy started to hit domestic businesses.

Old Mutual wealth to buy UK firm for £585m

2014-10-17 15:45

Financial services group Old Mutual's wealth arm is planning to buy UK money manager firm Quilter Cheviot, to strengthen its focus on richer clients.

Aston Martin loss shrinks by a third

2014-10-06 15:00

British sports car maker Aston Martin, famed for supplying James Bond's cars of choice, has reported a pre-tax loss fall by a third in 2013.

UK rate hike puts consumer stocks in firing line

2014-09-05 16:30

With the Bank of England preparing for an interest rate hike, investors are concerned with the explosion of cheap credit, driving consumer-focused stocks higher.

Oil prices rally from recent losses

2014-08-20 15:07

Oil prices have rebounded from the previous day's multi-month lows, as dealers awaited the latest update on crude reserves in top consumer the United States.

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