Friday, 27th February 2015

google plus twitter

News & Reports

Rio Tinto streamlines group structure to cut costs, splits up energy division

Fri 27th Feb 15, 07:02:37

Diversified mining group Rio Tinto has announced plans to streamline its product groups and corporate functions, dividing up its energy division as it looks to cut costs and simplify its structure.

News search

Search news for stories that mention a company:

Show only the stories that interest you with news filter.

Today's Market Reports

Free company reports

Commodities: Gold prices pare gains amid US data flurry

Gold prices rose on Thursday as buyers in China returned after the New Year break, but trimmed gains as a flurry of US economic data gave investors plenty to think about. 2 hours ago

FX round-up: Dollar index reaches highest level since 2003

The dollar index rose to its highest level since 2003 on Thursday after a surge of economic data pushed the greenback up against its main competitors. 2 hours ago

Facebook rolls out suicide prevention measures

Facebook announced that it has added new resources to help people expressing suicidal or self-harming thoughts on the social network. 9 hours ago

BBC licence fee needs re-vamping, argue MPs

British MPs have condemned the BBC's annual licence fee, claiming it needs to be modernised with a new levy in the next 15 years. 9 hours ago

US close: Stocks receded amid falling oil prices and poor data

US stocks fell on Thursday after oil prices lowered and fresh economic data queried Janet Yellen's dovishness. 10 hours ago

Thursday tips round-up: TSB, Aldermore, Henderson Group

Sometimes, having too much money is a bad thing - particularly if you are bank. That is the case at TSB, it has far more capital and a higher cost base than it needs. This shows up in its loan-to-deposit ratio, which now stands at 76%. The lender has gathered that capital up with plans to grow, but has failed to execute. Last year loan volumes at the core part of the bank fell by 6% to 19bn. To remedy the situation last month it launched in the broker market but it will have to hand out a lot of mortgages to meet its ambitious targets. 10 hours ago

Free Guides and Reports

News provided by Digital Look

Disclaimer: This news feed is provided by Digital Look Ltd. BullBearings Ltd do not necessarily share the views expressed within the stories. The stories are for general information purposes only and not a solicitation or personal reccomendation to deal. BullBearings Ltd accepts no liability or responsibility for any of the content contained in the information provided by Digital Look Ltd.

Which trading game would you like to trade with ?