Friday, 24th October 2014

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News & Reports

Ladbrokes chairman shows faith after shares fall

Fri 24th Oct 14, 16:48:59

Peter Erskine, the chairman of gaming company Ladbrokes, on Friday lifted his holding in the bookmaker one day after it pulled out of its operations in Canada following tighter regulations on UK licensing of international activities.

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US close: Markets end the week largely unchanged, as Ford and Amazon fall

US stocks were largely unchanged on Friday, as investors looked to be worried by reports of a first Ebola case in New York, while the focus remained on companies results. 8 hours ago

S&P upgrades Cyprus on strong budget performance

Rating agency Standard & Poor's has upgraded European economic struggler Cyprus, citing a strong budgetary performance. 5 hours ago

Europe close: Stocks end on a mixed note

European equities finished the Friday session on a mixed note as investors kept their cards close to their chests ahead of the European Central Bank's (ECB) 'stress tests' which were due out this weekend. 5 hours ago

London close: Ebola and downbeat Chinese housing data weigh on markets

London shares ended Friday on a negative note amid fresh jitters about the Ebola virus and weak Chinese property data. 6 hours ago

Draghi calls for stimulus and says joint effort needed to avoid 'recession'

Mario Draghi, the European Central Bank's (ECB) president has warned leaders from the European Union that a "joint effort" is required to avoid a "relapse into recession." 6 hours ago

S&P downgrades Tesco by a notch

Tesco's credit rating suffered the third downgrade in twenty-four hours after Standard & Poor's (S&P) lowered its rating on the retailer giant to 'BBB-' from 'BBB'. 6 hours ago

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