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February 6, 2007

Most equities markets higher on session

by Elaine Frei
Most equities markets higher on session
Tokyo equities markets were higher on Tuesday, with the Nikkei 225 adding 0.4 percent to 17,406.86 and the Topix index gaining 0.9 percent to 1,732.42. Carmakers were higher, as were camera makers and tech stocks. Banks were lower on a sector downgrade from Goldman Sachs. European markets were higher as well, with the FTSE Eurofirst 300 adding 0.3 percent to ...




House prices higher near Olympic sites

by Elaine Frei
House prices higher near Olympic sites
House prices in areas close to sites where the Olympic Games will take place have risen since the announcement that the Games will be held in London in 2012, according to Halifax Estate Agents. Three areas in east London have gone up by more than the London average of 15 percent, while all areas close to the site have gone ...




New pensions bill comes under criticism

by Elaine Frei
New pensions bill comes under criticism
The Pensions Policy Institute (PPI) has released a paper that claims a bill currently making its way through parliament will reduce some of the complexities of the nation’s pension system but will not solve its problems. While inequalities between men and women are reduced, individuals would still have to save privately to make up for problems that remain. Coming in for ...




EU calls poultry import bans “disproportionate” to risk

by Elaine Frei
EU calls poultry import bans "disproportionate" to risk
In the wake of a bird flu outbreak at a turkey farm in Suffolk, five nations have now banned imports of poultry from the UK. South Korea, Hong Kong, Japan and South Africa have halted all imports, while Russia has stopped most imports but still allows cooked meats to be imported. According to the British Poultry Council, ...




Insurer Aviva notches record sales

by Elaine Frei
Insurer Aviva notches record sales
Aviva, the UK’s largest insurer, released a report Tuesday showing record sales in the fourth quarter. Total sales, which included investment, were 22 percent higher at £31.1 million. Life and pension sales drove the insurer’s business and were up 18 percent to £26.2 million. In the UK, life and pension sales under the Norwich Union brand, were 25 percent higher, to ...




What are the futures markets for?

by Khurram Naik
Insurer Aviva notches record sales
What are the futures markets? Let's begin with a story about trains. Before trains, the nation was divided into small markets for various commodities, but with trains came the first truly national markets. Now it was cheap for farmers and grain merchants to deliver goods to the places that needed them most - and would pay the most. Chicago became a central ...