Investment & Business News Headlines

US Q2 growth

The US is ticking away nicely. The second quarter saw an annual rate of growth of 3.3%. This was 0.5% less than in the first quarter, but 0.2% better than in the final quarter of 2000 and compares with a mere 1.5% in the UK.

BHB breaks world mining record

The good times are rolling in for mining companies. Take BHP Billiton; it’s the world’s largest miner, and puts in a regular appearance in our risers chart, in fact shares are up 47% up so far this year. Yesterday it posted the biggest annual profits ever by an Australian...Read More

Posted Sep 30, 2005

US Q2 growth

The US is ticking away nicely. The second quarter saw an annual rate of growth of 3.3%. This was 0.5% less than in the first quarter, but 0.2% better than in the final quarter of 2000 and compares with a mere 1.5% in the UK.

Posted Sep 30, 2005

Somerfield appeals

When Somerfield bought 115 stores from Morrison last year for £260mn, competition authorities were not impressed. The UK’s fifth largest supermarket chain was told to sell 12 stores. Now Somerfield has appealed, saying that many of the areas in question also boast a Tescos or Asda. amp;#63;

Meanwhile, the battle to...Read More

Posted Sep 30, 2005

‘888′ lands on black

Maybe an investment in one of the online poker firms is only right for you if you are a regular user of their products, because it would appear, or so seems to be the wisdom on the markets, that an investment in these stocks is something of a flutter.

Yesterday, it...Read More

Posted Sep 30, 2005

House prices: recovery gains momentum

It’s gone from a trickle to a flood. First there was RICS with its closely watched surveys of estate agents; then there was Rightmove; and then earlier this week the British Bankers Association joined the party; now both the Nationwide and the Bank of England have hailed the comeback...Read More

Posted Sep 30, 2005

UK on the rails? Growth at 12 year low, retail at 22 year low.

It’s been said that one of Gordon Brown’s favourite jokes goes like this: What’s the difference between a good chancellor and a bad chancellor? Answer, it’s down to when they resign!

Okay, we grant you not the best joke ever told, but telling nevertheless. It’s been a golden run for the...Read More

Posted Sep 29, 2005

US consumer confidence dives

Consumer Confidence has taken a big hit in the US. The widely watched Consumer Confidence Index, published by the Conference Board fell to 86.6, from 105.5 in August; that’s the lowest level in almost two years. “Hurricane Katrina, coupled with soaring gasoline prices and a less optimistic job outlook, has...Read More

Posted Sep 28, 2005

UK Business Investment soars

At last we have some good news about the UK economy. In fact, to our way of thinking it really is good news.

According to the latest data from the Office of National Statistics, business investment during the 12 months to the end of Q2 was 4.2% up on the previous...Read More

Posted Sep 28, 2005

Oil: could the price crash?

All of a sudden there’s talk that the price of oil could fall back to earth again.

It’s a jigsaw puzzle, but put all the pieces together- and who knows for sure, but maybe oil could head down south.

First of all, there’s the news from Saudi Arabia that the extra 2...Read More

Posted Sep 28, 2005

Europe falls down competitive league

The UK, France and Germany are all falling down the league of the world’s most competitive economies, but Scandinavia remains in the driving seat.

Every year The World Economic Forum publishes its list of the world’s most competitive countries. It says that 11,000 business leaders are interviewed, and a raft of...Read More

Posted Sep 28, 2005

Somerfield appeals

When Somerfield bought 115 stores from Morrison last year for £260mn, competition authorities were not impressed. The UK’s fifth largest supermarket chain was told to sell 12 stores. Now Somerfield has appealed, saying that many of the areas in question also boast a Tescos or Asda. amp;#63;

Meanwhile, the battle to...Read More

Posted Sep 30, 2005

BHB breaks world mining record

The good times are rolling in for mining companies. Take BHP Billiton; it’s the world’s largest miner, and puts in a regular appearance in our risers chart, in fact shares are up 47% up so far this year. Yesterday it posted the biggest annual profits ever by an Australian...Read More

Posted Sep 30, 2005

‘888′ lands on black

Maybe an investment in one of the online poker firms is only right for you if you are a regular user of their products, because it would appear, or so seems to be the wisdom on the markets, that an investment in these stocks is something of a flutter.

Yesterday, it...Read More

Posted Sep 30, 2005

House prices: recovery gains momentum

It’s gone from a trickle to a flood. First there was RICS with its closely watched surveys of estate agents; then there was Rightmove; and then earlier this week the British Bankers Association joined the party; now both the Nationwide and the Bank of England have hailed the comeback...Read More

Posted Sep 30, 2005

UK sees more money coming in than out

The UK benefited from a massive surge in foreign investment in 2004, with Direct Foreign investment almost quadrupling from $20bn in 2003 to $78bn last year. In all, the UK was the second most popular destination for FDI behind the US, says a new report from Unctad

Merger and acquisition...Read More

Posted Sep 30, 2005

Roman Empire moves West

Here’s the choice? You accept around £7bn for your shares in a company you bought for £100mn ten years ago, and accept another term as governor of the remote Siberian province Chukotka, or you follow in the footsteps of Mikhail Khodorkovsky and serve time in one of Russia’s finest prisons.

No...Read More

Posted Sep 29, 2005

UK could freeze this winter

Do you remember all the talk that the summer of 2005 was going to be a sizzler? There was a date in mid August, when they were saying it was going to be the hottest day ever recorded in the UK. In fact it rained that day, and it felt...Read More

Posted Sep 28, 2005

Intel and Microsoft blow for Sony

Sony has problems at the moment. There was a time when it was officially the second most world known brand name in the world – behind Coca Cola. But now, after failing to build upon the success of the Walkman, losing dominance of the portable music industry to Apple, with...Read More

Posted Sep 27, 2005

© Investment & Business News 2013