News

Don’t cry for Aberdeen Asset Management but Argentina’s currency issues sent it falling yesterday.

Market Report: United Utilities was a riser despite the regulatory price review

Is it a good time to buy shares in a sector with a regulatory review looming?

Market Report: Vedanta hits highs but fails to impress

Record production appears to be no longer good enough for the City. Yesterday oil, gas and metals group Vedanta Resources slumped to the bottom of the benchmark index despite revealing record oil and gas production as well as increased production of zinc, lead and silver.

Market Report: Fear of price freeze dulls energy shares

The plug was pulled out from energy shares yesterday after the market decided comments from Labour leader Ed Miliband could be disastrous for the utilities sector.

The $10m-revenge of Paul Taubman, the man Morgan Stanley didn’t choose

James Gorman must be feeling like the publisher who turned down JK Rowling.

Market Report: US weakness gives sellers the jitters

There were few winners on the benchmark index as heavyweight healthcare companies and fears over tapering US stimulus dragged down the markets.

Cinven buys Host — and Montagu doubles up

Cinven, the buyout giant that owns restaurant chains Pizza Express, ASK, Zizzi and Byron, today bought internet domain business Host Europe from rival Montagu Private Equity for £438 million.

Sales staff demonstrate the Microsoft Surface during the opening of Microsoft's retail store in New York's Times Square October 25, 2012. REUTERS/Keith Bedford

Shock reverse as Microsoft and Google fail to hit sales targets

Revenue for both companies grew but fell short of projected earnings

Glencore chief strengthens board

Glencore Xstrata's chief executive, Ivan Glasenberg, has announced three new appointments to the board of the wheat trading-to-coal mining empire, including the veteran Wall Street banker John Mack.

Departing Virgin Media boss Neil Berkett named as chairman of Guardian Media Group

Departing Virgin Media chief executive Neil Berkett was today named chairman of Guardian Media Group, sending a powerful signal that its loss-making flagship newspaper could soon charge for its website.

Scandal-hit miner ENRC shunned by leading City brokers

Morgan Stanley and Deutsche Bank cut ties with company facing fraud inquiry

Google to pay Apple $1bn next year to be default search engine on iOS

Technology website Tech Crunch is reporting that Google will pay Apple at least $1bn (£629m) next year to be the default iOS search engine.

Market Report: Imagination gets a vote of confidence

Apple wobbled last week, and shares in smartphone makers shuddered. The US superstar tech brand reported its lowest sales growth since 2009, and investors ran scared from Apple suppliers such as Imagination Technologies, which lost more than 5 per cent after the bad Apple news.

Morgan Stanley beats forecasts

The US investment bank Morgan Stanley swung to a $1bn (£620m) loss over the third quarter – but beat market hopes with earnings that rose on the back of strong revenues from its bond-trading business.

Wall Street chief: Bankers are overpaid

He's the $10m a year man who heads one of the most powerful investment banks, but yesterday he offered a surprising confession: bankers are ridiculously overpaid.

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

Can’t wait for the new round of blockbusters due out this autumn? We played through last year’s offering
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent
Markus Persson: If being that rich is so bad, why not just give it all away?

That's a bit rich

The billionaire inventor of computer game Minecraft says he is bored, lonely and isolated by his vast wealth. If it’s that bad, says Simon Kelner, why not just give it all away?
Euro 2016: Chris Coleman on course to end half a century of hurt for Wales

Coleman on course to end half a century of hurt for Wales

Wales last qualified for major tournament in 1958 but after several near misses the current crop can book place at Euro 2016 and end all the indifference
Rugby World Cup 2015: The tournament's forgotten XV

Forgotten XV of the rugby World Cup

Now the squads are out, Chris Hewett picks a side of stars who missed the cut
A groundbreaking study of 'Britain's Atlantis' long buried at the bottom of the North Sea could revolutionise how we see our prehistoric past

Britain's Atlantis

Scientific study beneath North Sea could revolutionise how we see the past