Archive for May, 2009

FTSE surges 2% as miners po

Sunday, May 31st, 2009

The FTSE 100 Index surged 2 per cent today as miners posted big gains on positive global economic news.

General Motors on verge of brankruptcy in the US

Sunday, May 31st, 2009

GENERAL Motors, once the biggest company in the world which in its heyday produced half of America’s cars, was set to file for bankruptcy today.

Strategy and solvency make the Pru a better bet

Sunday, May 31st, 2009

Equity markets have enjoyed a stellar run since early March but recent weeks have seen the rally run out of steam with the FTSE 100 trading in a relatively narrow range.

CVC offers £2bn for a stake in Royal Mail

Sunday, May 31st, 2009

PRIVATE equity group CVC Capital Partners has offered £2billion for a 30 per cent stake in Royal Mail.

Pinewood’s vision of new era

Sunday, May 31st, 2009

PINEWOOD Shepperton, the film studio home to the James Bond and Harry Potter movies, will today set out its vision to give the UK a starring role in the next generation of blockbusters.

General Motors on verge of bankruptcy in the US

Sunday, May 31st, 2009

GENERAL Motors, once the biggest company in the world which in its heyday produced half of America’s cars, was set to file for bankruptcy today.

Decline slowing, reports BDO

Sunday, May 31st, 2009

UK BUSINESSES have signalled the worst of the recession may be over as a new survey shows they expect the pace of economic decline to slow markedly over the next three months.

Vanguard tables bid for iShares

Sunday, May 31st, 2009

VANGUARD, the US fund management giant, has joined the race for Barclays’ funds business iShares, part of its prized asset management arm Barclays Global Investors.

What the Sunday papers say

Sunday, May 31st, 2009

Here is a rundown of the Sunday papers:

Index surges up with best month in a year

Sunday, May 31st, 2009

Aim is on course to enjoy its best month for fundraising in nearly a year.