Friday, 21st November 2014

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News & Reports

FTSE 100 movers: Miners jump as China cuts interest rates, oil stocks rise

Fri 21st Nov 14, 15:03:31

Mining stocks were dominating the risers list on the FTSE 100 on Friday after China's central bank surprised with an interest-rate cut in an effort to boost growth, raising hopes that the top metals consumer will be able to avert a hard landing.

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RBS reaches settlement with software firm over 2012 IT failure

Royal Bank of Scotland (RBS) has received millions of pounds in compensation from the software supplier at the centre of the 2012 IT failure. 41 minutes ago

Week ahead: US data and OPEC summit in focus

The coming week will see a raft of economic indicators released Stateside in a holiday-shortened week due to the Thanksgiving Day holiday. Wednesday, in particular, will be very informative, with no less than seven important economic reports due out, including the latest readings on orders for durable goods and Chicago PMI. 23 minutes ago

Talk Talk would like to lease network to Vodafone

British telecoms operator TalkTalk Group would like to lease out its fixed-line network to bigger wireless rival Vodafone, the company's chief executive was quoted as saying on Friday. 48 minutes ago

Citigroup to be ousted from ECB FX Group

Citigroup was expelled from the foreign-exchange market liaison group of the European Central Bank (ECB) after the bank was fined for rigging currency exchange rates. 6 hours ago

US open: Stocks advance after Chinese rate cuts and Draghi's comments

US stocks rallied on Friday, as oil and metal prices rose after a surprise rate cut from China's central bank. 1 hour ago

ECB begins buying asset-backed securities

The European Central Bank (ECB) has started buying asset-backed securities in an attempt to encourage banks to lend and boost the stagnant economy. 1 hour ago

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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.

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