News Tag: investors
February 8, 2010
The pound dived to a low not seen since May 2009 today over debt fears in the euro zone.
It was the fourth consecutive day of losses and the pound fell to $1.5535 in early London trade - an 8½ month low.
The losses came as investors worry about how euro zone economies (including Greece and Portugal) will tackle ...
Sterling falls against dollar over euro zone debt fears
by Kay Murchie
January 11, 2010
New measures to make it easier for Community Interest Companies (CICs) to attract investment are to be introduced later this year.
From April, CICs, a form of social enterprise, will be able to pay dividends to investors of up to 20%.
The cap on interest for loans to CICs will also be increased to 10% of the loan's value.
The total proportion of profits a ...
CICs seek to attract investment
by David Masters
December 30, 2009
The FTSE 100 index closed at 5437.61 points yesterday - a level not seen since prior to the collapse of Lehman Brothers in September 2008.
However, in March this year, the index hit a 6-year low of 3,461 and despite the recent rally, it is still a long way off the 6,700 mark it reached prior to the dot-com crash ...
Blue-chip firms in record rights issues in 2009
by Kay Murchie
December 2, 2009
The price of gold continues to surge to record highs and has touched $1,201.63 an ounce on the London Bullion Market as the US dollar continues to be a turn off for investors.
The rise of the price of gold over recent weeks has been attributed to a weakening US dollar, which typically moves in the opposite direction to ...
Gold continues to soar on back of weak dollar
by Kay Murchie
December 1, 2009
Shares in Dubai continued their decline today following the country’s debt crisis after the stock market closed 5.61% down. Abu Dhabi lost 3.57%, while Qatar's main index closed down 8.27%.
However, in a bid to calm investors fears, the president of the United Arab Emirates has attempted to reassure them by issuing a statement saying that region's economy was in ...
UAE takes action to allay investors fears
by Kay Murchie
November 26, 2009
Historically low interest rates in the US is making the dollar unappealing to investors sending the US currency to a 14-year low against the Japanese yen.
The greenback has dipped to 86.5 yen - its lowest level since July 7, 1995, due in part to the Federal Reserve indicating that US interest rates will remain low.
The US currency ...
US dollar continues to be a turn off for investors
by Kay Murchie
October 12, 2009
The FTSE 100 Index rose to 5231.16 today - a new record for the year to date.
London’s FTSE responded to strong gains seen on the Dow Jones Industrial Average last Friday, which hit a 12-month high.
Since its low point in March this year, the FTSE 100 Index has risen around 50% with companies such as Marks & Spencer and Barclays seeing gains ...
FTSE 100 reaches 2009 high
by Kay Murchie
October 8, 2009
The price of gold reached $1,058 (£659.20) an ounce on the London Bullion Market yesterday - its third consecutive day of gains.
A weak US dollar continues to make gold an attractive buy for investors, according to analysts.
Furthermore, the price of the precious metal could continue to rise if the dollar remains weak. Traditionally, the US dollar moves in the opposite ...
Gold continues to rise as dollar falls
by Kay Murchie
September 23, 2009
Former James Bond actor Roger Moore believes encouraging investors to put their money into ethical businesses is simply a matter of education.
Writing in the Daily Mail on the way poultry is treated to produce foie gras, Moore said: "There are vile and inhumane practices all over the world, but I have always been a great believer in the power of ...
Roger Moore: Educated investors make ethical choices
by David Masters
September 17, 2009
Nearly half of UK consumers believe that buying property is the best way to invest money.
In a study by Scottish Widows, 48% of those polled said investing in property is the best way to maximise returns on hard earned cash.
This figure is a significant increase on 12 months ago, when just 28% of those surveyed cited property as the best choice ...
Brits back property as best investment
by David Masters
Investors call for government climate action
by David Masters
September 9, 2009
London’s FTSE 100 index closed up 57 points today at 5004.30 - the highest level since 3rd October 2008.
Shares across Europe have also performed well, with France's Cac 40 index gaining 1.3% and Germany's Dax index rising 1.7%.
In the US, the Dow Jones industrial average was up 63.94 points at 9,561.28 in late-morning trading.
Stocks have also received a boost due ...
FTSE 100 closes above 5,000 mark
by Kay Murchie
September 8, 2009
US food giant Kraft saw its shares fall 5% to $26.7 this morning on Wall Street as investors expressed concern about the group’s takeover approach for British confectionery giant Cadbury.
Cadbury rejected the £10.2 billion offer from Kraft, which is renowned for brands such as Kenco coffee, Oreo biscuits, Terry’s Chocolate Orange, Toblerone and cheese products such as Philadelphia and Dairylea.
When the ...
Kraft shares fall over Cadbury offer
by Kay Murchie
Price of gold hits 6-month high of $1,000
by Kay Murchie
June 2, 2009
Abu Dhabi firm, International Petroleum Investment Company (IPIC), said it is planning to sell part or all its interests in British bank, Barclays, the equivalent of 1.3 billion shares.
Last year, Barclays raised £7 billion from investors in Qatar and Abu Dhabi in order to strengthen its balance sheet and meant that it could avoid having to seek Government assistance.
Since the ...
IPIC plans to dispose of Barclays shares
by Kay Murchie
May 19, 2009
It has been reported that the Government is in talks to sell off its stakes in part-nationalised banks: Lloyds Banking Group and Royal Bank of Scotland (RBS).
UK Financial Investments Ltd (UKFI), which was established to oversee taxpayer’s interest in UK banks, is believed to be sounding out investors abroad.
However, a speedy sale is unlikely since UKFI is expected to ...
Potential investors being sought to buy bank stakes
by Kay Murchie
May 18, 2009
Lloyds Banking Group is to embark on a £4 billion fundraising exercise which follows the news that chairman Sir Victor Blank is to step down in June 2010.
The £4 billion fundraising comes amid high profile changes at the bank and sees chief executive Eric Daniels’ position ‘in doubt‘.
Both directors have faced criticism from shareholders following the hasty takeover of ...
Lloyds Banking Group announces plans to raise £4bn
by Kay Murchie
January 26, 2009
Shares in Barclays have received a much-needed boost this morning after it reassured investors that it was on target to announce profits of over £5.3 billion for 2008.
Shares in the banking giant were up 19.7p (38.5%) at 70.9p in early trading today as an open letter from chairman Marcus Agius and chief executive John Varley to investors said ...
Barclays shares surge 40% as it reassures investors
by Kay Murchie
January 23, 2009
It has been revealed that Barclays could see its Middle East investors gain majority control of the bank as a result of a clause in the terms of the deal.
In October, Barclays rejected the Government’s bailout package and announced that it was raising £5.3 billion from investors in Qatar and Abu Dhabi, who took a combined stake in ...
Barclays clause could mean Middle East have majority control
by Kay Murchie
