Monday, 26th January 2015

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News & Reports

UK IPO market expected to return to buoyancy in 2015, BDO survey says

Mon 26th Jan 15, 09:20:53

The market for UK initial public offers is expected to regain its buoyancy in 2015 after several flotations were pulled towards the end of 2014 and despite the looming general election and oil prices undermining the investor confidence.

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Europe open: Stocks rise as Syriza falls short of majority

European stocks began the day moving lower after Greece's anti-austerity party Syriza's stunning victory on Sunday, but for the most quickly recovered their poise to trade near unchanged. 19 minutes ago

London open: Stocks wavering as Economists less worried about Greek fallout

London stocks started the morning moderately lower after Greece's anti-austerity Syriza party came within a whisker of gaining an outright majority in Sunday's elections, although various economists seemed sanguine that even under a worst case scenario the threat to the Eurozone as a whole was rather limited given the financial reforms put in place over the last few years. 1 hour ago

Monday newspaper round-up: Greek election, IS hack, IAG takeover...

Greece sent shockwaves across Europe last night as anti-austerity party that has promised to end austerity and refuse to take orders from Berlin and Brussels triumphed in the country's election, wrote The Times. Syriza, founded by ex-communists and led by the firebrand Alexis Tsipras, is the first of a new wave of anti-cutback parties on the Continent to take power since the financial crisis, the paper said. 3 hours ago

FX round-up: Dollar advances as euro falls to three year low before Greek election

The dollar was advancing against most major currencies on Friday as the effects of qualitative easing began to show. 5 hours ago

Shire target NPS Pharma wins FDA approval for Natpara

Shire has hailed the regulatory approval of a rare disease drug created by NPS Pharmaceuticals, a firm that the FTSE 100 group is currently in the process of acquiring, and received good news about one of its own drugs. 3 hours ago

Rolls-Royce breaks into market for Chinese locomotives exports

Rolls-Royce has been awarded a contract to supply engines for major Chinese locomotive manufacturer CNR Dalian, marking its entry into that country's market for freight locomotives for export. 2 hours ago

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