News

* FTSE 100 up 0.5 pct * IHG jumps after media reports of bid interest * AstraZeneca (NYSE: AZN – news) falls after Pfizer (NYSE: PFE – news) walks away By Sudip Kar-Gupta LONDON, May 27 (Reuters) – Britain’s top equity index advanced on Tuesday, led by InterContinental Hotels Group (IHG) , which became the Read More

By Tricia Wright LONDON (Reuters) – Britain’s top shares advanced on Tuesday, led by InterContinental Hotels Group (IHG), one of the latest stocks to be boosted by reports of deal interest. IHG jumped 5.7 percent – the top FTSE 100 riser by some margin – in trading volume at more than a third of its Read More

European shares are set for a mixed open on Tuesday as markets take a breather after Monday’s rally, although the U.K.’s FTSE 100 is set to open higher after a public holiday. According to IG, the FTSE is called up 24 points at 6,840, the German Dax is seen lower by 13 Read More

Price: 1,213.50 Chg: -20.50 Chg %: -1.66% Date: 17:02 Price: 6,815.75 Chg: -4.81 Chg %: -0.07% Date: 17:10 Attention has turned to oil and gas companies following South Korean state-run oil company KNOC’s hostile 18 a share cash bid for Dana Petroleum, valuing the Aberdeen-based oil company at 1.87bn. BG Group is thought to be Read More

* Italy’s FTSE MIB outperforms as Renzi wins EU vote * Pro-EU forces keep majority after European election * French CAC lags, Germany’s DAX hits record high * London, New York closed for public holiday By Atul Prakash LONDON, May 26 (Reuters) – European equities rose on Monday, with Italy’s FTSE MIB outperforming the regional Read More

* Italy’s FTSE MIB outperforms as Renzi wins EU vote * Pro-EU forces keep majority after European election * French CAC lags after National Front win * Germany’s DAX briefly hits new record high * London, New York closed for public holiday By Sudip Kar-Gupta LONDON, May 26 (Reuters) – European equities rose on Monday, Read More

By Sudip Kar-Gupta LONDON (Reuters) – A rebound in drugmaker AstraZeneca, on the prospect that a bid for the company may not be entirely dead, propped up Britain’s top share index on Wednesday. AstraZeneca rose 2.4 percent to 44.08 pounds to add the most points to the blue-chip FTSE 100 index. The FTSE was up Read More

* FTSE 100 slips 0.3 pct, set for largest weekly loss since April * Tullow, Smiths lead fallers after disappointing updates * EU vote uncertainty cap shares across Europe By Francesco Canepa LONDON, May 23 (Reuters) – Britain’s top equity index slipped on Friday towards its biggest weekly loss in over a month, led by Read More

* FTSE 100 slips 0.2 pct, set for largest weekly loss since April * Tullow, Smiths lead fallers after disappointing updates * EU vote uncertainty cap shares across Europe By Francesco Canepa LONDON, May 23 (Reuters) – Britain’s top equity index slipped on Friday towards its biggest weekly loss in more than a month, led Read More

By This Is Money Reporters Published: 02:41 EST, 23 May 2014 | Updated: 11:53 EST, 23 May 2014 17.30 Close: The FTSE 100 index at the close was down 4.81 at 6,815.75. Early gains on Wall Street failed to stir interest, with the Dow Jones Industrial Average up 45.0 points, or 0.3 per cent to Read More