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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.


Citywire News

  • Shell profits nearly double
    Thu, 29 Jul 2010 16:15:00 +0100
    (Update) Anglo-Dutch oil giant Royal Dutch Shell said its profits had soared 94% in the second quarter thanks to oil price rises, production increases and cost-cutting.
  • Leading fund manager slashes US exposure in half
    Thu, 29 Jul 2010 11:56:14 +0100
    Jupiter Financial Opportunities manager Philip Gibbs has halved his Financial Opportunities fund's exposure to North America from 26% to 13% within the last month.

BBC Business News

  • Citigroup agrees $75m fraud fine
    Thu, 29 Jul 2010 20:59:05 +0000
    Banking giant Citigroup agrees to pay $75m to settle civil charges that it misled investors over potential losses from subprime mortgages.
  • Jailed Enron boss requests bail
    Thu, 29 Jul 2010 18:30:27 +0000
    The former chief executive of Enron, Jeffrey Skilling, has applied for bail. His lawyer says his conviction for fraud will be overturned.
  • Green shoots of recovery in Europe?
    Thu, 29 Jul 2010 18:21:49 +0000
    A raft of European firms have announced bumper profits, fuelling hopes that the economy is on the right track following the recession.
  • Results boost AstraZeneca shares
    Thu, 29 Jul 2010 17:37:31 +0000
    Shares in AstraZeneca rise more than 3% after the drug company reports a rise in profits after strong sales of key drugs.

BBC News

  • Maze site set to be redeveloped
    Thu, 29 Jul 2010 21:17:29 +0000
    An agreement on the future of the Maze Prison site is reached by the NI first and deputy first ministers, Peter Robinson and Martin McGuinness.
  • Hughes confirmed as Fulham boss
    Thu, 29 Jul 2010 21:16:59 +0000
    Fulham confirm the appointment of Mark Hughes as their new manager, replacing Roy Hodgson.
  • Man recorded children undressing
    Thu, 29 Jul 2010 21:07:02 +0000
    A Sussex teaching assistant is jailed for secretly filming schoolchildren as young as five as they changed for sports lessons.
  • Welfare reform options outlined
    Thu, 29 Jul 2010 21:00:35 +0000
    Ministers are to set out options for reforming the benefits system and moving people from welfare into work.
  • Lockerbie inquiry 'may visit UK'
    Thu, 29 Jul 2010 20:53:21 +0000
    The US senator who is to chair a congressional inquiry into the Lockerbie bomber release says he may send investigators to the UK.

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