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 10 March 2010
Monday 08 March 2010
The huge earthquake in Chile last weekend – which measured a massive 8.8 on the Richter scale and had killed more than 800 people at the last count – has pushed up copper prices after power cuts caused production to halt at many of the country's mines.
Thursday 04 March 2010
The mining sector supplemented recent gains last night, with Kazakhmys rallying by almost 5 per cent as traders sought to increase their exposure to base metals.
Thursday 18 February 2010
A 3,000 year old Bronze Age trading vessel – the oldest shipwreck ever found in British waters – has been located off the coast of Devon in South West England.
Friday 05 February 2010
Part-nationalised group Royal Bank of Scotland was under pressure after an analyst who had been a cheerleader for the stock this year downgraded it to "neutral". In a report titled Cold Feet? Ian Gordon said he now saw better risk/reward for investors in Barclays and Lloyds Banking Group.
Thursday 31 December 2009
The Santa rally was finally ho-ho-ho-over yesterday after five straight sessions. The FTSE 100 followed the Asian markets' overnight retreat, with the Nikkei especially driven by fears that Japan Airlines (JAL) was about to collapse. The blue chips ended 39.75 points lower, dipping back below pre-Lehman Brothers collapse levels, to 5397.8 points. The JAL news also had a direct effect on the airline stocks in the UK. As the nerves set in, British Airways suffering for the second day in a row, falling 1.7p to 187.3p.
Wednesday 30 December 2009
The seasonal goodwill continued in the City yesterday, as the so-called Santa rally kept on rolling. The first session after Christmas Eve's half day saw the FTSE 100 strengthen 35.2 points to 5437.6 and left the index on course for its biggest annual gain since 1997. Yesterday was particularly significant as, for the first time, the index closed higher than the session before the collapse of Lehman Brothers in September 2008.
Friday 04 December 2009
Anglo-Swiss, mining group Xstrata yesterday promised investors that it will continue to seek "major" acquisitions, despite two months ago withdrawing a bid to merge with Anglo American. The company, which targets coal and copper, also said that it would also increase its capital spending next year by 89 per cent to take advantage of rising global commodity prices. Xstrata will spend a total of $6.8bn in 2010, while it is also considering a sale of its four copper smelters.
Wednesday 25 November 2009
Three Afghan cabinet ministers and 12 former ministers are under investigation for alleged corruption, the attorney-general's office said yesterday, announcing cases that could signal whether the government is serious about fighting graft in its ranks.
Friday 20 November 2009
Afghan President Hamid Karzai's promise to stamp out corruption has come up against its first test with the revelation that indictments against five high-ranking politicians on charges thought to range from embezzlement to money-laundering need only his signature to proceed.
Tuesday 10 November 2009
The man from the Pru was looking sharp as several news items pushed the UK insurer to one of the strongest performers of the day. Prudential ended up 30p at 608p, as Germany's Allianz beat forecasts to post a 23 per cent jump in third-quarter operating profits. The results helped lift insurers across Europe as did a note from ING. The Dutch broker raised its valuation on 12 insurers across Europe, upping the Pru's price target from 392p to 584p.
Friday 30 October 2009
Wednesday 21 October 2009
Wednesday 14 October 2009
Kazakhmys, the Kazakh mining giant, yesterday announced major funding plans, including borrowing $2bn (£1.3bn) in loans, which it hopes will help get some major unfunded copper projects off the ground.
Tuesday 13 October 2009
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
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