Investment & Business News Headlines

Markets tumble again

Markets went a tumble again yesterday, and it took very little to spark the sell off. All the good work from last week, which saw a gradual recovery in key indexes was cancelled out, as the FTSE 100, for example, fell by 139 points and the Dow Jones Industrial average plummeted by 184 points.

Perhaps, what is most worrying about the falls, is how so very little was required to trigger the sell off. Oil rose, passing $72 at one time, but actually ended the day less than a dollar...Read More

New hope glimmers for Vodafone

Hope was there, lurking in amongst all the woes revealed by Vodafone yesterday. Competition is forcing prices down, and whichever way you look at things, it’s difficult to envisage the company making the kind of margins it is used to. Except, that is if you look in...Read More

Posted May 31, 2006

Markets tumble again

Markets went a tumble again yesterday, and it took very little to spark the sell off. All the good work from last week, which saw a gradual recovery in key indexes was cancelled out, as the FTSE 100, for example, fell by 139 points and the Dow Jones Industrial...Read More

Posted May 31, 2006

Breaking News: HMV clinches Ottakar’s purchase

Ottakar’s has accepted a £62.8mn bid from HMV, owners of Waterstones. Since the Competition Commission has already okayed a merger of the companies, it seems inevitable that Ottakar’s and Waterstones, the two top book stores in the UK, will come under the same management.

Last year, the HMV bid...Read More

Posted May 31, 2006

London house prices soar

Foreign money has been pouring into London this year and, as a result, areas such as Chelsea have seen house prices jump by 20% since the beginning of January. Apparently, that’s the equivalent of £4,500 per week for the average property in the area.

According to Knight Frank, the estate agency,...Read More

Posted May 31, 2006

Internet advertising growth set to continue

According to the worlds’ number one buyer of advertising, Group M, Internet advertsing is expected to take up 13.3% of the UK advertisng cake this year, outperforming national newspapers.

Group M reckons that net advertsing will be worth £1.615bn, taking the Internet into third place behind, regional advertising (£2.38bn) and TV...Read More

Posted May 31, 2006

German economy lifts

Look at the headlines of the last few weeks, and you could be forgiven for thinking it’s all doom and gloom. It would appear the world can no longer rely on the US consumer bailing us all out. What we need is for the likes of Japan and Germany to...Read More

Posted May 29, 2006

Arcelor finds kryptonite to Mittal’s unwanted advances

Earlier this year, a director at Mittal Steel accused Guy Dollé, the boss of the world’s second largest steel company of acting like a spoilt child. The accusation went like this: Monsieur Dollé was saying of the company he ran: “ ‘It’s my playpen and I don’t want anyone...Read More

Posted May 29, 2006

Bulgaria: Buy to Let investors escape UK bubble in the new nirvana

The adjoining sea is black in name, but the investment potential and leisure escape that Bulgaria represents is pure gold – Lance Nelson tells us more

With yields on bonds still at an incredibly low level, investors are increasingly looking elsewhere for a home for their money. Yet the obvious alternative,...Read More

Posted May 26, 2006

It was Lay and Skilling what done it

Perhaps Kenneth Lay came across as too
much the alpha male. And Jeffrey Skilling too much as someone playing a
game.

As you have no doubt heard, the Enron duo were found guilty
yesterday. And Lay had the ignominy of being found guilty by two
different courts on two separate sets...Read More

Posted May 26, 2006

eBay goes ye ha for Yahoo

Yahoo and eBay are clubbing together
to take on the world. And, while Microsoft looks over its shoulder,
wondering how adverting funded products threaten its business model,
Google must be looking over its shoulder wondering how this latest
partnership will threaten its ambitious plans.

The Yahoo eBay deal will mean Yahoo...Read More

Posted May 26, 2006

Breaking News: HMV clinches Ottakar’s purchase

Ottakar’s has accepted a £62.8mn bid from HMV, owners of Waterstones. Since the Competition Commission has already okayed a merger of the companies, it seems inevitable that Ottakar’s and Waterstones, the two top book stores in the UK, will come under the same management.

Last year, the HMV bid...Read More

Posted May 31, 2006

New hope glimmers for Vodafone

Hope was there, lurking in amongst all the woes revealed by Vodafone yesterday. Competition is forcing prices down, and whichever way you look at things, it’s difficult to envisage the company making the kind of margins it is used to. Except, that is if you look in...Read More

Posted May 31, 2006

London house prices soar

Foreign money has been pouring into London this year and, as a result, areas such as Chelsea have seen house prices jump by 20% since the beginning of January. Apparently, that’s the equivalent of £4,500 per week for the average property in the area.

According to Knight Frank, the estate agency,...Read More

Posted May 31, 2006

Internet advertising growth set to continue

According to the worlds’ number one buyer of advertising, Group M, Internet advertsing is expected to take up 13.3% of the UK advertisng cake this year, outperforming national newspapers.

Group M reckons that net advertsing will be worth £1.615bn, taking the Internet into third place behind, regional advertising (£2.38bn) and TV...Read More

Posted May 31, 2006

Tesco moves into cheap PC world

Here’s a move that will send a chill up electronic retailers across the land. Tesco is upping its involvement in the PC business, selling cheap computers  permanently.
You might ask, what’s new here? PC’s are already available in Tesco yes that’s true  sometimes.
Up to now the retailer that has...Read More

Posted May 29, 2006

BT buy out rumours: the line goes dead

Back in April, when private equity group Blackstone Group bought itself a 4.5% stake in Deutshe Telekom, markets were puzzled. It wasn’t Blackstone’s style it normally went for controlling stakes. Some speculated it had ideas for introducing greater cost controls, but all in all, markets were perplexed.
This weekend, for...Read More

Posted May 29, 2006

Breaking news - Arcelor scuppers Mittal plans with its own merger

One way or another, it appeared Arcelor was
determined not to do the deal with Mittal Steel. And this morning, maybe it pulled out
the ace by announcing plans to merge with Russian steel company Severstal to create
the world’s biggest steel company. This leaves Mittal Steel jilted at the...Read More

Posted May 26, 2006

BT clinches premiership deal - is it too little too late?

If  BT is serious about becoming a major challenger in the
brave new world of free broadband, but premium content, some say it will have to do
better than this. Starting the season after next, BT has agreed a deal to broadcast nearly
live football over its BT Vision service...Read More

Posted May 26, 2006

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