Last year Carphone Warehouse hung up on its partnership with US retailer Best Buy, but today it picked up new partner Samsung and approving investors piled in.
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Wednesday 06 November 2013
Signs of a recovering services economy in China and better iron ore prices pushed mining stocks toward the top of the blue chip table yesterday, but even this wasn't enough to dig the Footsie out of a hole. HSBC's Chinese services data suggested the Chinese economy performed well in October while iron ore prices also helped the mood.
Sunday 25 August 2013
In The City: Virtually every company is trying to bluff its way to a profit
Thursday 22 August 2013
The copper miner Kazakhmys today took an $823 million (£527 million) hit on its 26 per cent stake in ENRC, the scandal-scarred miner poised to be taken private after five turbulent years on the London Stock Exchange.
Sunday 18 August 2013
The new powerhouse of world mining, Glencore Xstrata, will unveil its first set of half-year results next week with analysts expecting bumper profits approaching $6bn (£3.8bn).
Thursday 11 July 2013
FTSE 100 up by more than 40 points, led by mining stocks as Fed head Ben Bernanke says he's committed to monetary stimulus
Tuesday 25 June 2013
The government of Kazakhstan last night looked set to take the scandal-struck mining giant ENRC off the London Stock Exchange in the hope of stemming the tide of negative publicity it has brought the mineral-rich nation.
Friday 07 June 2013
Car sales roar to six-year high
Saturday 20 April 2013
Shares in Eurasian Natural Resources Corporation (ENRC) jumped by 26 per cent yesterday after a consortium of key shareholders in the Kazakh miner announced they were considering an offer for the company.
Tuesday 16 April 2013
Outlook So Mick Davis has left the building a bit earlier than expected. The £30m in retention bonuses a supine board planned to kick his way following the marriage of his Xstrata with Ivan Glasenberg's Glencore almost became the straw that broke the back of this unlovely Bactrian when investors cried foul.
Tuesday 16 April 2013
Giant commodity trader Glencore is set to get final clearance for its $32 billion (£20.9 billion) takeover of mining group Xstrata some 14 months after it first launched their bid.
Friday 12 April 2013
Wednesday 27 March 2013
Shares in FTSE 100 copper miner Kazakhmys tumbled by more than 7 per cent yesterday after it wrote down the value of its stake in fellow Kazakh miner ENRC by $2.2bn (£1.4 bn).
Sunday 24 March 2013
Copper miner Kazakhmys will this week confirm a huge writedown of about $2bn (£1.3bn) in the value of its 26 per cent stake in fellow Kazakh miner ENRC.
Thursday 21 March 2013
ENRC's founding trio of major shareholders are collectively about $100m (£66m) out of pocket after a $1.5bn charge plunged the Kazakh-focused miner into the red last year.
Wednesday 20 March 2013
Polish rescue workers tunnelled through collapsed rock to reach 19 workers trapped in a mine shaft and are now bringing them to the surface, a spokesman for the company operating the mine said.
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