|
|
It was another week of sideways trading as the The top flight closed on Friday afternoon at 4,236.28, representing a marginal drop of just 0.11% over the past five days. Progress made earlier in the week hit a bumper on Thursday, as bleak US unemployment data emerged from across the pond. Non-farm payroll figures published by the US Labor Department showed that some 467,000 people lost their jobs in June, markedly higher than the 363,000, which economists had been anticipating. The news hit shares on both sides of the ocean as the Dow Jones Industrial Average fell 181.3 points to 8,322.8 and the Footsie, which had already lost 50 points over the day, closed a total of 106.4 points down, or 2%. On Friday the US had time to absorb the news as markets were shut for Independence Day celebrations. Richard Snook, senior economist... [read full story]
SHELL, the oil giant, is facing a boycott of its products by armed forces veterans after it banned poppy appeal collections at its petrol stations. Shell Retail, which operates more than 1,000 service stations in the UK,...
When the US food giant Kraft launches its (probably hostile) takeover bid on Monday, Cadbury boss Todd Stitzer must ensure he does not become the commercial world's David Cameron - someone who might win only through the...
Can investing ever be a genuine pleasure? Absolutely: all you need do is take your favourite hobby or pursuit and apply a little financial nous. You could find an investment that delivered both a financial reward and something...
Robert Watts and Georgia Warren THE deal to suspend postal strikes has come too late to save Royal Mail from a new wave of competitors. Royal Mail lost its monopoly on the service in 2003. One entrepreneur is about to launch an...
