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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.

FT.com - Financial Markets News

• Stocks hold gains after cautious Fed outlook
  Thu, 29 Jul 2010 13:10:51 GMT
  Global Markets Overview: Risky assets are holding steady as strong company earnings and a bit of good news on the US job front counteract a cautious assessment of the economic recovery by the Federal Reserve
  

• Pharmaceuticals help European bourses rebound
  Thu, 29 Jul 2010 11:36:37 GMT
  A clutch of impressive earnings from some of the Europe?s biggest companies helps improve sentiment, as the region?s traders turn away from worrying US data and concentrate on robust corporate newsflow
  

• Sharp fall in lending to UK financial sector
  Thu, 29 Jul 2010 11:08:26 GMT
  Bank lending to the industry is at its lowest for at least a year following a very sharp drop in June, data from the Bank of England show
  

• Dollar pressured by US economic outlook
  Thu, 29 Jul 2010 10:50:58 GMT
  The Federal Reserve?s cautious outlook for the world?s biggest economy sends the dollar to a three-month low on a trade-weighted basis, as further fragile data adds to concern
  

BBC Business News

• House price inflation eases again
  Thu, 29 Jul 2010 13:12:47 +0000
  UK house prices fell 0.5% in July, the Nationwide says, cutting the annual rate of house price inflation to 6.6% from 8.7%.
  

• China agrees Guinea mining deal
  Thu, 29 Jul 2010 13:02:00 +0000
  Mining giant Rio Tinto completes a deal with Chinese firm Chalco to enter a joint venture in West Africa.
  

• Scottish review warns of job cuts
  Thu, 29 Jul 2010 12:49:37 +0000
  Up to 60,000 people working in the public sector in Scotland could lose their jobs, according to an independent review commissioned by ministers.
  

• BT profit up despite revenue fall
  Thu, 29 Jul 2010 12:38:36 +0000
  BT reports what it describes as "acceptable" quarterly results, with profits sharply higher despite a fall in revenue.
  

BBC News

• Car 'surrounded by bonfire mob'
  Thu, 29 Jul 2010 13:20:02 +0000
  A man charged in connection with an alleged hit-and-run at an "Eleventh Night" bonfire feared he would be murdered, a court hears.
  

• 'Many die' as DR Congo boat sinks
  Thu, 29 Jul 2010 13:19:32 +0000
  A boat carrying passengers and goods has capsized on a river in the Democratic Republic of Congo killing about 140 people, officials say.
  

• Bashir's party doubts Sudan vote
  Thu, 29 Jul 2010 13:16:10 +0000
  President Bashir's NCP says the referendum on south Sudan's secession cannot happen until the internal border is decided.
  

• Frenchwoman faces babies charges
  Thu, 29 Jul 2010 13:16:01 +0000
  A woman is investigated over the deaths of eight newborn babies, while her husband is freed without charge, after remains are found in north France.