News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• Forecast-beating BP delights dividend hunters
  Tue, 07 Feb 2012 10:29:41 Z
  Patience has proved to be a virture for BP shareholders with the oil giant raising its dividend for the first time since the Deepwater Horizon disaster on the back of bumper profits.
  

• Heartwood goes on defensive with multi-asset fund launch
  Tue, 07 Feb 2012 10:06:09 Z
  Heartwood Investment Management is launching a defensive fund for Martin Perry to complement it's five-strong multi-asset range.  
  

• Schroders unveils strategic bond fund for ex GLG AAA-rated star
  Tue, 07 Feb 2012 08:57:48 Z
  The asset manager plans to launch the Schroder Strategic Bond fund for former Citywire AAA-rated star Gareth Isaac, who joined the firm from GLG last year.
  

• Xstrata shares fall as Glencore ?merger of equals? unveiled
  Tue, 07 Feb 2012 08:38:19 Z
  FTSE 100 treads water as Greek debt restructuring talks continue; Talk Talk surges after lifting profit guidance.
  

FT.com - Financial Markets News

• Resource suitors move apart on the FTSE 100
  Tue, 07 Feb 2012 10:43:47 GMT
  Xstrata shares fall and Glencore?s rise after confirmation of merger terms while the wider market is in stasis, waiting for clarity from Athens
  

• Worries about Greece hobble risk rally
  Tue, 07 Feb 2012 10:10:24 GMT
  Investors are torn between fears of Greek default and hopes for global economic recovery
  

• Japan confirms stealth intervention to limit yen
  Tue, 07 Feb 2012 10:00:43 GMT
  Tokyo sold Y1.02tn without warning during the first four days of November to limit the currency?s rise against the dollar
  

• Strong currencies hurt commodity producers
  Tue, 07 Feb 2012 09:40:51 GMT
  Viewed from the perspective of the Aussie dollar, rand, real or rouble, the markets are moving in a different direction
  

BBC Business News

• 'Gob smacking' UK costs in report
  Tue, 07 Feb 2012 11:00:05 GMT
  Estimates showing £10.9bn in unpaid tax was written off and medical negligence could cost £15.7bn are examined by the Commons spending watchdog.
  

• Bellway: House market 'resilient'
  Tue, 07 Feb 2012 10:54:43 GMT
  UK housebuilder Bellway says the housing market "remains resilient" as sales and viewings increase.
  

• Glencore-Xstrata in $90bn merger
  Tue, 07 Feb 2012 10:52:11 GMT
  Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  

• BP ups dividend as profits rise
  Tue, 07 Feb 2012 10:36:12 GMT
  BP announces sharply higher profits and increases its dividend to shareholders for the first time since the 2010 Deepwater Horizon oil disaster.
  

BBC News

• 'Gob smacking' UK costs in report
  Tue, 07 Feb 2012 11:00:05 GMT
  Estimates showing £10.9bn in unpaid tax was written off and medical negligence could cost £15.7bn are examined by the Commons spending watchdog.
  

• Maldives leader quits amid unrest
  Tue, 07 Feb 2012 10:54:23 GMT
  Maldives President Mohamed Nasheed resigns after weeks of demonstrations and a mutiny by some police officers.
  

• Glencore-Xstrata in $90bn merger
  Tue, 07 Feb 2012 10:52:11 GMT
  Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
  

• Russian envoy in crisis-hit Syria
  Tue, 07 Feb 2012 10:48:45 GMT
  Russia's foreign minister is greeted by pro-government crowds as he arrives in Syria to meet President Assad, amid rising violence in the country.
  

Citywire News

• Argos, Comet and Dixons vow to fix extended warranty market
  Tue, 07 Feb 2012 09:54:22 Z
  The three largest extended warranty providers have vowed to demystify the £1 billion market after an investigation revealed customers are not getting value for money.
  

• Xstrata shares fall as Glencore ?merger of equals? unveiled
  Tue, 07 Feb 2012 08:38:19 Z
  FTSE 100 treads water as Greek debt restructuring talks continue; Talk Talk surges after lifting profit guidance.
  

• BP raises dividend as profits jump
  Tue, 07 Feb 2012 08:29:11 Z
  Investors, who have waited patiently for a higher dividend since 2010?s Gulf of Mexico disaster, will receive a payment of eight cents per share.
  

• The Expert View: French Connection, Legal General and Cineworld
  Tue, 07 Feb 2012 05:01:00 Z
  A round-up of analyst notes, including their take on William Hill and Game
  

FT.com - Equities

• China shares fall after IMF?s eurozone warning
  Tue, 07 Feb 2012 10:57:12 GMT
  Asian shares take a breather as markets are torn between renewed fears of a Greek default and increasing hopes for global recovery
  

• Resource suitors move apart on the FTSE 100
  Tue, 07 Feb 2012 10:43:47 GMT
  Xstrata shares fall and Glencore?s rise after confirmation of merger terms while the wider market is in stasis, waiting for clarity from Athens
  

• Worries about Greece hobble risk rally
  Tue, 07 Feb 2012 10:10:24 GMT
  Investors are torn between fears of Greek default and hopes for global economic recovery
  

• Investors seek Bumi talks with Bakries
  Mon, 06 Feb 2012 22:49:00 GMT
  Shareholders want the Bakrie family and their partner Samin Tan to withdraw a motion calling for Nat Rothschild to be ousted from the company?s board
  

does not exercise any editorial control over the content and merely provides this information as a service to its clients, who should seek professional advice before taking any action in connection with any information provided therein.

Your home may be repossessed if you not keep keep up repayments on your mortgage.

The FSA does not regulate all forms of mortgage.