Friday, 31st October 2014

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News & Reports

IAG lifts guidance as lower fuel costs boost Q3 profits

Fri 31st Oct 14, 07:26:24

Anglo-Spanish airline conglomerate International Consolidated Airlines Group reported a big jump in third-quarter profits on the back of falling fuel costs and lifted its guidance for full-year growth.

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Support and resistance levels for the main equity benchmarks

The following are the technical support and resistance levels for the major global equity benchmarks. 14 minutes ago

RBS swings to 1.3bn profit, intends to keep Ulster Bank

Royal Bank of Scotland swung to a profit of nearly 1.3bn in the third quarter of 2014, compared with a loss the year before, and said it was making early progress in its strategy to create a "simpler, clearer and fairer" bank. 49 minutes ago

Rolls-Royce industrial gas turbine selected by BG Group

Rolls-Royce's Trent 60 DLE industrial gas turbine has been selected by BG Group as the driver for the main refrigeration compressors in the proposed Lake Charles liquefied natural gas (LNG) export project in Louisiana, US. 1 hour ago

London pre-open: FTSE to jump after Bank of Japan increases rate of asset purchases

The Bank of Japan's (BoJ) decision to increase its rate of asset purchases means global indices are set for strong gains on Friday. 12 hours ago

BoJ expands bond-buying programme in surprise move

Japan's central bank has unexpectedly expanded its monetary easing plan in a bid to revive growth amid downwards pressure on prices and falling consumer spending. 2 hours ago

Friday newspaper round-up: JP Morgan, Shadow banking, Standard Chartered

JP Morgan directors are top of the pile when it comes to income average of investment banks, the Guardian reported on Friday. 12 hours ago

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