Monday, 22nd September 2014

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Fitch puts Tesco on "rating watch negative"

Mon 22nd Sep 14, 17:37:36

Fitch Ratings has placed Tesco's 'BBB'rating on "rating watch negative” after the supermarket said it miscalculated its first half profit guidance.

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Labour Party promises cuts in ministers' pay if elected

Ed Balls announced on Monday the Labour Party’s priorities for its budget plan, which included a reduction in ministers’ wages. 5 hours ago

Former oil tycoon challenges Putin's position as Russian President

Mikhail Khodorkovsky, the former oil tycoon who spent 10 years imprisoned at the hands of Russian President Vladimir Putin, reportedly led one of Russia’s largest opposition demonstrations ever seen. 4 hours ago

Europe close: Stocks fall amid China concerns

European stocks were in the red as China’s finance minister quelled speculation the government would boost stimulus amid weak data. 4 hours ago

Wall Street prepares for 2nd annual crowdfunding event

Crowdnetic announced the preliminary agenda for Wall Street's second annual Crowdfinance Conference where financial veterans and industry leaders will provide information and insight into the rapidly expanding movement for generating capital. 5 hours ago

Asia close: Chinese finmin says Beijing will not overreact to any single indicator

Asian stocks tumbled overnight after remarks from Chinaīs finance minister seemed to indicate that authorities in Beijing were taking a bit of a hands-off approach to the recent slowdown evident in the data. 5 hours ago

Finance director of Kingfisher adds to stake after interims give mixed picture

Kingfisher's group finance director has spent just over Ģ24,860 on shares less than two weeks after the release of its interim results. 5 hours ago

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