Tuesday, 21st October 2014

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News & Reports

London midday: ECB stimulus hopes lift stocks, but earnings reports mixed

Tue 21st Oct 14, 11:38:24

Decent gains in the financial, energy and retail sectors helped the FTSE 100 rise strongly on Tuesday, despite some mixed blue-chip earnings and economic data from China.

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Europe midday: Stocks rise as ECB purchases Italian covered bonds

European stocks were comfortably in the blue come midday on Tuesday following the release of slightly stronger-than-expected economic data overnight in China. 1 hour ago

UK government blocked RBS bonuses to prevent outcry

The British government blocked Royal Bank of Scotland from paying some staff bonuses worth twice their salaries to head off a public outcry, it emerged on Tuesday. 1 hour ago

Bonds: Britain cannot avoid weakness in the Eurozone

These were the movements in some of the most widely followed longer-term sovereign bonds: 18 hours ago

Immupharma raises 3.4m as it gears up for Lupuzor Phase III trial

Shares in drug developer Immupharma were higher after confirmation it had raised 3.4m at a premium price to help fund Phase III trials of its lead product candidate Lupuzor, a potential treatment for lupus. 2 hours ago

Liberum repeats 'sell' ARM on smartphone, tablet slowdown

Liberum has kept a 'sell' rating on shares of chip designer ARM Holdings despite a "broadly in-line" third quarter, saying that future prospects are likely to be held back by a slowdown in its end-markets. 2 hours ago

Commodities: Gold futures rise ahead of peak demand season in India

The commodities complex saw some mixed trends on Monday, although there was clear selling pressure in some of the most economically sensitive areas of the market, despite an absence of any significant economic data releases. 2 hours ago

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