Archive for May, 2011

The FTSE 100 index in London pushed through the 6,000 mark earlier but closed below it, with gains led by support services stocks

The Wall Street Journal has revealed how Goldman Sachs offered preferred stock to Colonel Gaddafi-controlled fund

• Athens prepares for vital decision on second bailout
• Opposition demands tax moves to re-start economy

• London market’s biggest institutional investor writes letter to bankers
• Short-term incentive fees ‘seem to drive aggressive behaviour’

Business lobby group casts doubt over official UK growth estimates but still supports government plans to reduce deficit

G8 leaders support Arab spring goals by pledging £20bn in loans and aid to Middle East countries

Ahead of yet another long weekend the market is moving higher, but in very thin trading, with housebuilders among the main gainers

Petropavlovsk, the Russian gold group formerly known in more simple times as Peter Hambro Mining, has been the subject of much speculation in recent days, from talk that the company was contemplating a fundraising to it being a takeover target

An investment chief executive says exchange-traded funds can diverge markedly from what some investors would expect, and calls for more information on potential risks

Shire is facing a growing number of challenges to one of its best selling drugs, sending its shares lower in a rising market